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Best Buy Said Its Sales Jumped 36% In The First Quarter

Plus, Nvidia delivered an earnings beat, Gap is teaming up with Walmart on a home goods line, and Acorns is going public via a SPAC merger. Stocks were higher at the open on Thursday with the Dow gaining 109 points, or 0.3%. The S&P 500 added 0.1%, while the Nasdaq rose less than 0.1%. Best […]

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Amazon Is Officially Buying MGM Studios For $8.45 Billion

Plus, Royal Dutch Shell has been ordered to slash emissions by 45% by 2030, Ford is boosting its spending on electric vehicles to $30 billion over the next four years, and Dick’s Sporting Goods delivered an earnings beat.

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Forget sexy – KR’s value is what you should pay attention to

The “herd mentality” can be a funny thing to think about in societal terms – but it’s a real thing in the stock market. The sheer number of publicly traded stocks on U.S. exchanges alone creates a wave of market data that no single person can handle alone, and that’s a big reason why it […]

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Cryptos Plunge With Bitcoin Falling As Low As $30,000

Plus, Coinbase experienced outages amid the sell-off in cryptocurrencies, Target delivered an earnings beat, and JetBlue announced a new route from New York’s JFK to London’s Heathrow.

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Amazon Reportedly In Talks To Buy MGM Studios For $9 Billion

Plus, Walmart delivered an earnings beat, Home Depot said its sales rose 32.7% in the first quarter, and JPMorgan named Lake and Piepszack to run its consumer banking division.

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The Gap, Inc. (GPS) – Buy Price: $37.00 or better

Buy Price: $37.00 or better Sell Price: TradersPro Sell Signal The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Its products include denim, tees, fleece, and khakis; […]

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AT&T Is Spinning Off Its Media Assets In $43 Billion Deal With Discovery

Plus, Bitcoin has fallen to its lowest level since February, GlaxoSmithKline and Sanofi said interim results for its updated COVID-19 vaccine showed strong results, and Target and Starbucks became the latest in a growing list of retailers and restaurants to allow vaccinated customers to ditch mask wearing in their establishments.

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Bitcoin Drops Below $50,000 After Elon Musk Says Tesla Will No Longer Accept The Crypto As Payment

Plus, the Colonial Pipeline restarted late Wednesday, Amazon is hiring 75,000 warehouse and transportation workers, and Walmart is buying virtual fitting room startup Zeekit.

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Pipeline Shutdown Continues As Gas Stations Run Dry Along U.S. East Coast

Plus, Tesla announced it has halted plans to buy land to expand its Shanghai plant, L Brands is spinning off its Victoria’s Secret brand, and Ginkgo Bioworks is going public via a SPAC merger.

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Gasoline Futures Spike As Major Pipeline Remains Closed Following Ransomware Attack

Plus, Ethereum hit a new all-time high, Chipotle said it is raising the pay for its restaurant workers, and The Trade Desk shares are down after the company reported earnings and announced a 10-for-1 stock split.

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Why Traders Say These 2 Laggard Stocks Could Soon Rally

The market saw solid gains in April, but not all stocks rose higher and traders say 2 of last months laggards could soon be on the rise. Here’s why.

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Pharma Stocks Drop On Biden Administration Support For Waiving Patent Protections For COVID-19 Vaccines

Plus, Moderna said its booster shot is effective at protecting against COVID-19 variants in early trial data, Papa John’s smashed earnings expectations, and jobless claims dropped to a pandemic era low.

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Amazon Stock Surges To New All-Time High On 44% Revenue Growth In Q1

Plus, Exxon delivered a first quarter profit, Pfizer and BioNTech anticipate having data on how well their COVID-19 vaccine works in children ages 5-11 as soon as the end of summer, and the European Commission accused Apple of abusing its position in the distribution of music.

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