What to watch in the markets: Friday, Feb 21
Yahoo Finance's Myles Udland discusses the state of the global economy, recent market action, and highlights upcoming John Deere earnings on Friday.
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Jeff Bezos' Most Prized Possession Breaks Historical Auction Records At Almost $53 Million
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
BenzingaWarren Buffett's Latest $2.6 Billion Buy Brings His Total Investment in This Stock to More Than $77 Billion in Under 6 Years
The Oracle of Omaha has purchased shares of his favorite stock for 23 consecutive quarters.
Motley FoolMcDonald’s Will Offer a $5 Meal Deal to Lure Customers Back Into Stores
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BloombergNvidia Dethroned: This AI Chip Stock Now Rules This Elite Screen
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MarketWatchHere's the Income and Net Worth You Need to Reach the Top 50% of American Households
Americans can improve their net worth through prudent budgeting and smart investments.
Motley FoolMacrogenics Stock Drops 77% After Study Deaths
MacroGenics shares plunged 77.4% on Friday, erasing $773.2 million in market value, after the biotech reported late Thursday that five patients died in a study of the company’s cancer drug. MacroGenics said two of the deaths were deemed unrelated to the drug, known as vobra duo, according to researchers. “The cause and effect with regard to the drug is still being investigated,” Chief Executive Scott Koenig said of the three deaths on the company's first quarter earnings call on Thursday.
The Wall Street JournalTrump ‘offered to block electric car rollout’ as he asked oil bosses for $1bn
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
The TelegraphChip Workers Are Likely to Quit Jobs, Worsening Labor Shortage
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BloombergCathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The popular growth investor bought into one of Thursday's biggest losers and two stocks that have fallen sharply over the past year.
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