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Biotech Stocks Join AI-Fueled Rally

Shares of Recursion Pharmaceuticals, Schrodinger and others that are implementing AI are surging.Source link

Dow, S&P 500 Notch Third Straight Weekly Gains

The S&P 500 is now up 19% in 2023, after falling 19% in 2022..Source link

Exxon, Chevron Remain Payout Gushers

Oil and natural-gas price fluctuations have had remarkably little impact on cash returns to the supermajors’ shareholders.Source link

Shell’s Shrinking Profit Still Fills Investors’ Pockets

Earnings at Europe’s biggest oil company fell 56% in its latest quarter. Energy prices would need to halve to potentially stem the flow...

Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges

Regulators and academics say some digital asset exchanges are inflating trading volumes.Source link

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could bolster Moscow's oil export earnings, which last month fell to just over half their level a year ago.Source...

Why Stock-Market Investors Can No Longer Count on the ‘Index Effect’

Why stock market investors can no longer count on the "index effect"  The Wall Street JournalSource link

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