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Mesoblast has developed a cellular therapy that may significantly reduce deaths among the most severely sick COVID-19 patients. CEO Dr. Fred Grossman joins Yahoo Finance's On the Move to discuss what this development could mean in the fight against the virus....
Silver markets had an extraordinarily bullish week, finally break above the $19 level. I fully anticipate that we continue to go much higher....
This market pro tells Yahoo Finance Joe Biden would not be good for investors. The explanation makes sense....
On Wednesday, Slack acquired four-year-old company directory startup Rimeto. Stewart Butterfield, Slack CEO & CO-Founder joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi on The First Trade to discuss what the acquisition means for the company, the working from home environment and more.
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The reduction in the conglomerate's outstanding shares was noted in a Wednesday filing concerning Buffett's $2.9 billion donation of Berkshire stock to five nonprofits, part of his pledge to give away nearly all his fortune. If Berkshire repurchased those shares, it might have conducted roughly $4.9 billion to $5.9 billion of buybacks, depending on the price, over 2-1/2 months, analysts said."It implies relatively strong buyback activity," said James Shanahan, an Edward Jones & Co analyst with a "buy" rating on Berkshire....
(Bloomberg) -- The S&P 500 is sending a technical signal that has marked the end of every bear market in modern history.The benchmark’s 50-day moving average broke above the 200-day line on Thursday for the first time since the depths of the selloff in late March, forming a so-called golden cross. The price pattern is seen by some technical analysts as a positive omen as it frequently precedes sustained rallies.Golden crosses for the S&P 500 have corresponded with the end of every major bear market in the last 70 years, according to Sundial Capital Research.To be sure, using signals that worked in the past in today’s unique market environment isn’t a foolproof strategy. Investors learned that in March, when predictions for further stock-market losses were steamrolled as the S&P 500 embarked on a historic rebound. Still, there’s value in viewing a suite of technical and fundamental indicators together, and this one...
