Tag: Healthcare/Life Sciences

A benchmark-beating robot thinks AMC will outperform Facebook and GameStop. It likes these other stocks, too.

An exchange-traded fund run by artificial intelligence bought AMC stock at the beginning of July, preferring shares in the cinema chain and retail investor favorite over the likes of Facebook or Walmart. The Qraft AI-Enhanced U.S. Large Cap Momentum ETF, trading as AMOM AMOM, -0.78% on the New York Stock Exchange, removed some major technology […]

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Here’s why just allowing an ‘exit wave’ of COVID-19 cases carries huge risks for countries

While the highly infectious delta variant of the coronavirus that causes COVID-19 is quickly becoming the dominant strain globally, it so far appears to not have come with a big increase in hospitalizations or death, as seen in Israel and the U.K. That might lead some to think “exit waves” of infections are a “necessary […]

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Biden’s executive order targeting big business and competition: full text

By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to promote the interests of American workers, businesses, and consumers, it is hereby ordered as follows:   Section 1.  Policy.  A fair, open, and competitive marketplace has long been a cornerstone of the American […]

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GlaxoSmithKline defends itself against activist Elliott, recognizing need for ‘improved and sustained value’

GlaxoSmithKline GSK, +0.06% has issued a formal response to investor Elliott Management’s public letter this week calling for a shake-up of the pharmaceutical giant’s board of directors and executive team. GSK, one of the U.K.’s largest companies by market capitalization, backed its strategy and chief executive, Emma Walmsley, after the U.S. activist fund called on […]

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