Plus, the U.S. added seven Chinese supercomputing firms to its blacklist on national security concerns, GameStop is naming Chewy co-founder Ryan Cohen as chairman of the board, and CommScope is spinning off its home networking business.
Read MorePlus, the Supreme Court just sided with Google against Oracle, Tesla beat on Q1 delivery and production expectations, and AMC got an upgrade.
Read MorePlus, initial jobless claims came in higher than expected, Johnson & Johnson lost 15 million COVID-19 doses to a manufacturing error, and Funko shares are up after it gets into the NFT business.
Read MoreIt is interesting to observe the distinction in performance between different sectors and industries, and their possible correlation to broader economic activity. One of the places where I think that can be seen more easily is in evaluating large-cap versus small-cap stocks. If you look at most of the biggest and most recognizable names in […]
Read MorePlus, AstraZeneca revised the trial data of its COVID-19 vaccine following questions of accuracy in the U.S. study, JetBlue announced a new travel booking site, and Darden Restaurants delivered better-than-expected earnings results.
Read MorePlus, jobless claims unexpectedly rose, Apple is reportedly planning to release new iPad Pro models in April, Peloton has teamed up with Adidas on an athletic apparel line, and Amazon is testing its Rivian-made electric delivery vans in San Francisco.
Read MoreThere’s a regime change underway that could have big implications for the market and one expert says investors aren’t taking it seriously enough. Here’s what you need to know now.
Read MorePlus, AstraZeneca shares are down after Denmark temporarily suspended use of its COVID-19 vaccine, Johnson & Johnson’s coronavirus vaccine was approved for use in the EU, and a group fo activist investors reduced the number of board seats it wants on Kohl’s board.
Read MorePlus, the Labor Department’s February jobs report was stronger than expected, Kohl’s shares are down after a group of activist investors said the retailer is settling for being the “best of the worst,” and ViacomCBS shares jumped to a new all-time high after launching its Paramount+ streaming service.
Read MorePlus, jobless claims rose less than expected, Square is taking a stake in Tidal, Amazon is reportedly seeking exclusive streaming rights for the NFL’s Thursday games, and GM and LG Chem are considering building another battery plant in the U.S.
Read MorePlus, Las Vegas sands is exiting its namesake city, Michaels is going private, and Rocket Companies shares are dropping after surging yesterday.
Read MoreI’ve been writing quite a bit lately about positioning yourself conservatively to keep trading in a functional way even when the market is very extended. The commentary lately, and even market activity (increasing bond yields, rising inflation uncertainty), seems to be grappling with this question too. One of the biggest elements that comes to play […]
Read MorePlus, last month’s GameStop saga is under the spotlight in Congress today, Walmart reported mixed earnings, and bitcoin surged above $52,000 for the first time.
Read MorePlus, pot stocks are falling, jobless claims came in worse than expected, and Kraft Heinz is selling its nuts businesses to Hormel for $3.35 billion.
Read MorePlus, House Democrats released the first round of draft text for part of the $1.9 trillion stimulus package, Eli Lilly shares are down after announcing the resignation of CFO Smiley, and Avaya shares are up after delivering an earnings beat.
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