This ad-technology company could benefit from Biden dropping out

There’s one company that Oppenheimer analyst Jason Helfstein believes is set up to be a big winner now that President Biden has ended his campaign for re-election. Political advertising is expected to accelerate after Biden’s move, Helfstein said, no matter who becomes the Democrats’ nominee for president. Advertising-technology company Trade Desk Inc. TTD, +0.30% should […]

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Passive investing’s rise hasn’t ruined the stock market, says Jeremy Grantham’s GMO

The rise in passive investing marks one of the stock market’s “most profound changes” ever, but its popularity hasn’t ruined the market, according to analysis from Jeremy Grantham’s GMO.  GMO, co-founded by legendary investor Grantham, has been getting questions from clients about the impact of passive investing on markets, the firm’s co-head of asset allocation […]

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Chinese EV maker BYD sees sales rise in June

Published: July 1, 2024 at 8:36 p.m. ET By Amanda Lee Chinese electric-vehicle maker BYD sold 341,658 vehicles in June, up 3% from May and 35% higher from a year ago. About Dow Jones Newswires Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms […]

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