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GameStop Taps Chewy Co-Founder To Lead Shift To E-Commerce – Shares Up 30%

Plus, $1.9 trillion stimulus deal expected to be signed by President Biden early in the week after bill passed the Senate over the weekend, PayPal is buying crypto security firm Curv, and GE may be nearing an agreement to combine its jet leasing business with AerCap Holdings.

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Tech Stocks Drop As 10-Year Yield Surges Above 1.6%

Plus, 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.

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Biden Set To Announce Merck Will Help Produce J&J’s COVID-19 Vaccine

Plus, Target and Kohl’s both delivered earnings beats, Taco Bell-owner Yum Brands bought an A.I. business to help it improve its marketing, and Instacart’s valuation has doubled.

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CVS is a bargain the broad market isn’t paying attention to

I tend to take most of the information I get from news media with a large grain of salt. That is especially true of market media outlets, which have so much information to try to report about on a daily basis that they really can’t do much more than talk about whatever happens to be […]

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Meme Stocks Are Back As GameStop Surges 85% Higher

Plus, jobless claims fell sharply last week amid harsh winter storms across the central U.S., an analyst says Moderna could soon see a $100 billion valuation, Wayfair reported an earnings miss, and Coinbase is going public.

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FDA Staff Recommend Johnson & Johnson’s Single-Shot COVID Vaccine For Emergency Use Authorization

Plus, House Democrats are planning to pass the $1.9 trillion coronavirus relief bill on Friday, Lowe’s delivered an earnings beat, and Workhorse shares are down after getting passed over for a contract with the USPS.

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Stocks Slip On Unexpected Rise In Initial Jobless Claims

Plus, 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.

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Energy Prices Surge As Southern U.S. Sees Coldest Weather In 30 Years

Plus, bitcoin surged above $50,000 for the first time, CVS delivered an earnings beat, and Palantir reported an earnings miss.

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