Pfizer's decision to offload its remaining shares in BioNTech (BNTX) has raised eyebrows. This move hints at a lack of faith in BioNTech's COVID-19 vaccine and its stock potential. BioNTech, once a profit powerhouse, is now facing significant losses. Its shares, though not cheap, reflect a company s
Eli Lilly, a big name in the drug world, just hit a huge milestone. It became the first healthcare company to reach a market value of $1 trillion. That's a lot of money! The company's stock hit this mark briefly during trading but then settled a bit lower, with each share going for around $1, 048.
A group of students from Syracuse University's Bandier Music Business Program recently spent their summer exploring the music industry in Latin America. They visited five cities across Mexico, Colombia, and Brazil, meeting with over 75 executives from major companies like Spotify, YouTube, Sony, and
Inno Holdings, a Texas-based company, saw its stock price surge and then plummet in a single day after announcing a new partnership. The firm teamed up with Megabyte Solutions to integrate Web 3. 0 technology into its business-to-business platform. This move shifts Inno Holdings away from its tradit
India has a lot of crypto users, over 100 million, but the rules around it are not very clear. Right now, the main rules are about taxes and stopping money laundering, but they don't do much to protect the people using crypto. There are talks about making new rules that could make the crypto world s
A recent discussion has sparked a debate about what it truly means to be financially stable. While markets seem to be on a steady rise, with the New York Fed president hinting at potential rate cuts, one strategist has shifted the focus to a more pressing issue: the real cost of living in America.
MicroStrategy, the big company that owns a lot of bitcoin, didn't buy any last week. This is unusual because they usually buy some every week. The last time they bought was six weeks ago. They have 649, 870 bitcoins now. They bought each one for about $74, 433. The company is not doing well. Its st
Missouri is gearing up for a major change in its sports scene. Starting December 1, people in the state will be able to bet on sports legally. This is a big deal because it means more choices for bettors and a lot of competition among companies. Experts think FanDuel and DraftKings will be the big
Prices are going up, and it's not just a small increase. They're climbing at a speed that's making life harder for many people. An expert in economics has pointed out that this affordability crisis could have been avoided. The expert shared some numbers that show how bad it is. In September, prices
The crypto world saw some big action this past week. Let's break it down. First up, a Bitcoin whale made a huge splash. Owen Gunden, an early Bitcoin investor, sold off his entire stash. That's right, he cashed out a cool $1. 3 billion worth of Bitcoin. He's been holding onto these coins since 2011
