Plus, Uber shares are down on reports that SoftBank is selling $2.1 billion of its stake in the ride-hailing company, DiDi shares surged on reports that it is going private, and Robinhood makes its public debut today.
Read MorePlus, Gap’s Athleta brand is launching a workout and wellness platform, Tesla is reportedly moving its showrooms out of malls, and ride sharing app Swvl is going public via a reverse merger with a SPAC.
Read MorePlus, UPS shares are down after earnings showed deliveries are slowing down in the U.S., GE CEO Culp warned that the conglomerate is facing inflationary pressures, and American Airlines said it may have to add extra stops for some flights amid snarls in trucking and supply chains delays fuel shipments to some airports.
Read MorePlus, Twitter also delivered a beat, Boston Beer cited disappointing demand for its hard seltzer as cause for its earnings results miss, and Alphabet launched a new robotics software startup.
Read MorePlus, Canada said it will allow cruise ships to operate in its waters beginning on November 1, Moderna is joining the S&P 500 next week, and Lordstown Motors confirmed it is being investigated by the Justice Department.
Read MoreAs a value-focused investor, I’ve read a lot of books and studied the methods of a lot of well-known money managers who have found success using the same reliance on finding bargains in any market. One of the most successful in the entire history of the U.S. stock market, and arguably the most famous of […]
Read MorePlus, jobless claims were higher than expected last week, three dozen state attorneys general filed a new antitrust suit against Google, and Beyond Meat has debuted its new faux-chicken tenders.
Read MorePlus, the U.S. added 850,000 jobs in June, Tesla reported more than 201,000 deliveries in the second quarter, and DiDi shares are down after China announced a cybersecurity review of the company just days after its IPO.
Read MorePlus, Walgreens delivered better-than-expected earnings results, GM said its vehicle sales in the second quarter were slightly lower than expected, and Amazon is opening a “Development Center” in Helsinki to focus on new technology for autonomous delivery vehicles.
Read MoreAs a value investor, the search for stocks trading at useful values gets more difficult the longer bullish conditions extend themselves.This week, the market has broken above top-end resistance and appears to be building a new set of bullish short-term momentum. That’s generally good news for stocks you’re already holding, but it complicates the process […]
Read MorePlus, cryptocurrency exchange Binance was banned from operating in the U.K., the FAA said Boeing’s 777X plane isn’t ready for a significant certification step, and U.S. lawmakers are investigating Biogen’s new Alzheimer’s drug over price concerns and doubts about its effectiveness.
Read MorePlus, Bitcoin rebounded, Southwest Airlines CEO Kelly will step down next year, and GlaxoSmithKline is spinning off its consumer products business to focus on reviving its drug unit.
Read MoreTraders say there’s a buying opportunity in these 2 big-name Nasdaq stocks now. Here’s why.
Read MorePlus, Regeneron said its antibody cocktail reduced the risk of death by 20% among hospitalized COVID-19 patients, Oracle disappointed on earnings guidance, and Diageo inked a multi-year deal with the NFL.
Read MorePlus, Bitcoin is up on yet another Elon Musk tweet, Novavax said its COVID-19 vaccine was 90% effective overall in a late-stage trial, and American Express is launching its first checking account for small businesses.
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