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Stocks to Watch: Amgen, Nike, Bloom Energy
The Wall Street Journal16d agoneutral
Stocks to Watch: Amgen, Nike, Bloom Energy

↘️ Amgen (AMGN): Shares of the biotechnology company, a major contributor to the Dow, shed more than 5% premarket after the Swiss drugmaker Novartis (CH:NOVN) said an experimental medicine failed to reduce cardiovascular risk in a late-stage clinical trial.

‘Inexcusable, Vile’: AMC Chief Executive Slams Robinhood Stock Tokens
The Wall Street Journal20d agoneutral
‘Inexcusable, Vile’: AMC Chief Executive Slams Robinhood Stock Tokens

AMC Entertainment chief executive Adam Aron criticized Robinhood Markets' Vlad Tenev on X after the broker launched AMC stock tokens. AMC is among more than 190 companies and ETFs that are now linked to tokens registered by a Robinhood subsidiary on an island roughly 3,000 miles from the U.S. "This quasi-fake market you are creating on the island of Jersey sows distrust amongst the public about financial markets in general," Aron wrote.

Week’s Best: Vanguard’s Important Anniversary
Barrons.com20d agoneutral
Week’s Best: Vanguard’s Important Anniversary

Fifty years ago this Monday, Jack Bogle’s Vanguard launched its First Index Investment Trust, now known as the Vanguard 500 Index Fund. Passive index funds like the Vanguard 500 Index fund are how many investors invest today—as of 2024, there are more assets in passive funds than actively managed ones, according to Morningstar. For this week’s Big Q feature, we queried four wealth management leaders about what the elections could mean for markets.