(Bloomberg) -- Three of the world’s biggest companies have had their influence reduced in the Nasdaq 100 Index after the giant technology rally of 2024 swelled them to unprecedented size.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisTesla Inc., M
Sleep Apnea Device Maker Stocks Slide on FDA Ruling for Eli Lilly's Zepbound
Shares of ResMed and Inspire Medical Systems fell after the FDA approved Eli Lilly's weight-loss drug Zepbound to treat moderate-to-severe obstructive sleep apnea in adults with obesity.
IRS Calls Crypto Staking Taxable Amid Ongoing Lawsuit
The outcome of this case could set the tone for the broader regulatory environment surrounding proof-of-stake networks like Ethereum, Cosmos, and Polkadot.
Market Grabs and Regulatory Jabs: Looking Back on China-Founded E-Commerce in 2024
From a changing consumer, to an unsteady regulatory environment and the entry of a heavy hitter, e-commerce has had to adapt to stay agile.
Top Stock Movers Now: Broadcom, AMD, ResMed, and More
Major U.S. indexes were mixed at midday Monday to start the holiday-shortened trading week.
Survey: Pros say stock market investors should brace for a slower pace of returns over coming year
Stock market pros expect more muted gains in 2025 compared to the past few years.
Veteran trader says keep this stock in your portfolio in 2025
Veteran trader Stephen 'Sarge' Guilfoyle is placing his bets on a familiar technology name in 2025.