Should Investors Bet On DraftKings?
Sportsbooks in Nevada took in $185 million in bets on the Super Bowl last Sunday, the largest number ever for the massive game in that gambling center. Certainly one of…
Stocks
Carl Icahn lands two JetBlue board seats days after disclosing stake in airline
Just 4 days after Carl Icahn disclosed a 9.9% stake in JetBlue Airways Corp. and signaled his intention to have a say in the corporate’s future, the activist investor has…
Dow retreats as latest inflation data stokes concerns about Fed rate cuts
U.S. stocks retreated on Friday because the S&P 500 index pulled back from its latest record close after the newest batch of inflation data confirmed that price pressures rebounded last…
Does Moody’s Stock Present A Buying Opportunity?
Moody’s (NYSE:MCO) stock plummeted in after-hours trading Tuesday and into Wednesday, with the market reacting to its fourth quarter earnings and 2024 outlook that were lower than consensus expectations. Consequently,…
Oatly’s stock slides 10% after loss greater than doubles and it warns of a nasty 2024
Oatly Inc.’s stock fell 10% Thursday to hover near its all-time low, after the oat-milk maker’s fourth-quarter loss greater than doubled from a 12 months prior and its revenue fell…
Tripadvisor Stock Rises On Surprise Announcement, Earnings Beat
Travel company Tripadvisor (NASDAQ:TRIP) has had quite an interesting week, starting with an announcement on Monday that caught a whole lot of investors off guard. The corporate released an announcement…
Recent York Fed’s Empire State factory gauge rebounds in February, but stays slightly below breakeven
Story developing. Stay tuned for updates here. The numbers: The Recent York Fed’s Empire State business conditions index, a gauge of producing activity within the state, rebounded 41 points in…
High Interest Rates Take A Toll
Is every business connected to artificial intelligence (AI) a surefire winner in 2024? Upstart Holdings (NASDAQ:UPST) is putting this concept to the test as its stock rapidly loses value today….
Stocks making the largest moves midday: UBER, ABNB, MGM, HOOD
Try the businesses making headlines in midday trading. Uber — Uber’s shares jumped 11%, climbing to a latest 52-week high, after the ride-hailing company announced an inaugural $7 billion share…
Is The Bull Market Finished?
When the market is greedy, that’s when it’s essentially the most vulnerable. Nonetheless, greed is quickly flipping to fear today because the January Consumer Price Index (CPI) report from the…