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GameStop shows sharp revenue decline as Roaring Kitty readies for live stream
GameStop’s reverses lower premarket but has doubled on a week-to-date basis.
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‘The China equity trade is back’ and here are the stocks to pick, says SocGen
Analysts are getting increasingly more positive about Chinese stocks.
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Three stocks now account for 20% of the S&P 500’s value. That’s making some investors nervous.
For the first time dating back to at least 2000, three U.S. stocks — Microsoft, Nvidia and Apple — account for more than 20% of the value of the S&P 500, Dow Jones Market Data show.
7 de junho de 2024
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‘They think I’m rich because I have a very nice house’: My friends order drinks and pricey dishes when eating out. Is it rude to ask for a separate check?
“I am comfortable. I retired four years ago. I don’t drink much alcohol.”
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These 5 metro areas have hot job markets — and rents that you can actually afford
MarketWatch looked at the places where unemployment is low and rent is still cheap compared to incomes. One small midwestern metro area came out on top, thanks to “jobs that support families.”
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Watch out, job hunters: If you want to get hired, you might have to work for free first
As the job market slows, applicants say employers are increasingly asking them to complete time-consuming projects, presentations and extra work as a part of the interview process.
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Why Friday’s jobs report matters for investors parked in cash and money-market funds
The Federal Reserve could slash interest rates by 50 basis points, or more, should the labor market weaken, says portfolio manager.
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Moody’s puts several U.S. regional banks on downgrade review over commercial real-estate concerns
Old National Bancorp. and several other U.S. regional banks come under the microscope at Moody’s, which flags CRE exposure.
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Waystar prices $1 billion IPO at $21.50, in middle of its range
Waystar Holding’s initial public offering priced at the midpoint of its expected range, giving it a value of nearly $1 billion.
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Lower profit forecast, less snowfall send Vail Resorts stock on a downhill run
Shares of Vail Resorts Inc. dropped in extended trading Thursday after the ski-resort operator cut its full-year profit outlook and offered up figures that pointed to slowing demand for the key upcoming ski season.
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Mexico’s unbanked population ‘now big enough to count’ for fintech companies
An underbanked and heavily cash-based economy offers fertile ground for a trio of fintech-oriented companies offering mobile financial services in Mexico.
6 de junho de 2024
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DocuSign says business is stabilizing, but stock falls despite earnings beat
Despite upside in DocuSign Inc.’s latest quarterly results, the electronic-signature software company’s stock was falling in Thursday’s extended trading.
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ECB jumps ahead of the Fed to deliver its first rate cut. Is now a good time to invest in Europe ETFs?
Europe ETFs edged higher after the European Central Bank cut interest rates for the first time in five years. Investors are fretting over whether there’s room for these regional equities to build on their record-hitting rally so far in 2024.
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‘Jesus was the best affiliate marketer in the world’: How a ‘Reverend CEO’ allegedly stole $1 billion in a crypto scam
Over three years, investigators say Cynthia Petion and her husband, Eddy, brought in $1 billion worth of cryptocurrency investments. But it was all allegedly a scam.
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Rising avocado prices boost Mission Produce’s stock
Mission Produce Inc. rode higher avocado prices to swing to a surprise profit and posted better-than-expected quarterly revenue late Thursday.
6 de junho de 2024
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Lululemon’s Two-Tone tote shows how retailer is looking to get back on track
Lululemon’s stock has fallen this year, but the company says new bags are resonating with customers.
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Your summer stock-market rally is coming as the S&P 500 flashes a ‘buy’ signal
Plus there’s action for options traders in Walgreens Boots Alliance and Core Scientific shares.
6 de junho de 2024
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These restaurant stocks could still thrive despite spending pressure
Chipotle, Texas Roadhouse and Domino’s are UBS’s top restaurant picks.
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Charles Barkley says the best financial advice he ever got was from this NBA star’s mom
‘When you start giving people money…no matter what you do for them, the first time you tell them no, they hate you.’
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Why PayPal’s stock is cruising toward its best day since January
The CEO recently sounded a bullish tone, and investors are appreciating opportunity in guest checkout.
