Investing

• Activist Third Point builds stake in health insurer Centene

  Daniel Loeb's Third Point has built a stake in Centene as the health insurer works to complete its purchase of WellCare Health Plans.

• M&A powerbroker Ken Moelis: It's 'almost impossible' to get US public firms to do China deals

  The Moelis & Co. founder says the current market volatility from tense U.S.-China relations is impacting large-cap stocks.

• Three things could cause a 'second wave' in the market sell-off

  The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.

• A major Chinese chipmaker is delisting from NYSE but says it has nothing to do with the trade war

  One of the biggest Chinese chipmakers is delisting from the New York Stock Exchange.

• Wall Street misunderstands Tesla, says analyst whose lowest price target is triple current levels

  An analyst for Ark Invest, which has a major investment in Tesla, says drastic price-target cuts on Wall Street are missing the big picture.