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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As hurricane season arrives, these stocks could present opportunities

With hurricane season about to start, key stocks in the home-improvement and consumer-staples industries could present opportunities, according to investing-information website Trading.biz. Hurricane season in the U.S. normally begins June 1 and runs through Nov. 30. There are no tropical Atlantic cyclones at this time, according to the National Oceanic and Atmospheric Administration. However, researchers at Colorado State […]

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IVF treatment demand drops after Alabama ruling, and Progyny’s stock tumbles

Shares of Progyny Inc. tumbled Friday after the fertility-services company said the Supreme Court of Alabama’s February ruling regarding in vitro fertilization seemed to scare off some potential customers. The increased customer caution led to lower-than-expected first-quarter revenue and prompted the company to provide a downbeat outlook for the current quarter and cut its full-year […]

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