Over the three previous weeks, Wall Street's major stock indexes have sent a stern reminder to investors that equities don't move up in a straight line. The iconic Dow Jones Industrial Average, benchmark S&P 500, and innovation-powered Nasdaq Composite have all retraced by at least 5% from their respective record-closing highs.When volatility and uncertainty rear their proverbial heads.
Open FlipBlackRock's spot bitcoin ETF did not draw any investor money on Wednesday, the first such instance since the fund's inception three months ago. Inflows have slowed this month, taking the wind out of the bitcoin bull run. BlackRock’s spot bitcoin ETF, which trades under the ticker IBIT on Nasdaq, fell out of favor on Wednesday, preliminary data published by Farside Investors showed.
Open FlipPharmaceutical is one sector where a fundamental change has been taking place. A process which has gone for 8 to 10 years, full of restructuring and painful readjustment at every level. Whether it is management, shareholders or even the industry has reset its expectations. Now the focus has shifted towards more sustainable and compliant operational practices.
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