Stock futures poised to gain after lackluster session

How long-term investors should focus their portfolios Hennessy Focus Fund co-portfolio manager Ira Rothberg points out his market picks. U.S. equity futures are trading slightly higher ahead of Wednesday's opening bell. The major futures indexes suggest a gain of 0.1% following Tuesday's lackluster session. GET FOX BUSINESS ON THE GO BY CLICKING HERE Asian shares […]

Clover Health jumps 50% as the Reddit trading mania spreads to more stocks

Passionate day traders glued to their Reddit message boards have found some new targets — Clover Health and Wendy's — pushing shares up double digits on Tuesday. Shares of Clover Health, a Medicare insurance start-up that went public via Chamath Palihapitiya's SPAC, jumped 46% on Tuesday after surging 32% in the previous session. Wendy's stock […]

Clover Health jumps 50% as the Reddit trading mania spreads to more stocks

Passionate day traders glued to their Reddit message boards have found some new targets — Clover Health and Wendy's — pushing shares up double digits on Tuesday. Shares of Clover Health, a Medicare insurance start-up that went public via Chamath Palihapitiya's SPAC, jumped 46% on Tuesday after surging 32% in the previous session. Wendy's stock […]

Biogen's stock soars as Alzheimer's drug costs revealed after FDA approval

Biogen’s Alzheimer’s drug can actually help: Dr. Marc Siegel Alzheimer’s treatment revival Biogen Inc. shares were on track for their biggest gain on record after the drugmaker released pricing for its recently approved Alzheimer’s drug Aduhelm.  Shares of the Cambridge, Massachusetts-based Biogen gained as much as 64% on Monday, hitting a record high of $468.55 […]

MicroStrategy plans $400M corporate bond sale to fund bitcoin buying spree

UBS portfolio manager on Bitcoin: ‘Bloom is coming off the rose’ UBS managing director and senior portfolio manager Jason Katz provides insight into today’s markets, meme stocks, Bitcoin and other cryptocurrencies. MicroStrategy Inc. is selling debt to fund additional bitcoin purchases despite warning that soured investments in the cryptocurrency will result in another massive impairment […]

Asia stocks rise; China's May trade data ahead

China's trade data for May is expected to be out at 11:00 a.m. HK/SIN on Monday. Finance ministers from the Group of Seven over theweekend backed a U.S. proposal that calls for firms globally to pay at least 15% tax on earnings. Markets in Malaysia and New Zealand are closed on Monday for holidays. SINGAPORE […]

Wall Street crypto masterminds, plus an interview with a dogecoin millionaire

Hello and welcome to Insider Investing. I’m Joe Ciolli, and I’m here to guide you through the current market and investing landscape. Here’s what’s on the docket: We spoke to 11 of Wall Street’s top crypto experts, each of whom is producing must-read research on the subject. Hailing from firms like Bank of America and […]

Biden floats a lower price tag for infrastructure but wants GOP concessions

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)Looking to fund big spending projects at home, the United States has an ambitious pitch for countries around the world: It’s time to overhaul the global tax system. And after […]