Chipotle Mexican Grill (NYSE: CMG) has been one tasty quesadilla of a stock on the exchange over the years. The fast-casual restaurant chain operator didn’t have a good session on the market Thursday, however. Its shares fell more than 5% in value, which wasn’t unusual given what happened the previous day. Stock-split indigestion Chipotle investors […]
GameStop hit the jackpot. Roaring Kitty’s favorite meme stock walked off with a record $2.1 billion in gross cash—even adjusted for inflation, exceeding the amount it raised in two separate share sales in 2021 combined. And GameStop has 38-year-old social media trader Keith Gill to thank for it. In anticipation of a looming short squeeze triggered […]
A Pew Research Center report found young men without college degrees earned more in 2023 than a decade earlier. In the longer term, though, real wages for those without degrees have been mostly flat since the ’90s. It could be contributing to a much smaller share of men without degrees in the labor force. Young […]
Super Micro Computer (NASDAQ: SMCI) stock has been riding the artificial intelligence (AI) wave that Nvidia started. That makes sense to some extent. Super Micro provides the computer stacks for data centers that run the AI content powered by Nvidia’s chips and software. But Super Micro stock plunged more than 20% today, as of late […]
In today’s video, I discuss recent updates impacting Intel (NASDAQ: INTC). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of April 3, 2024. The video was published on April 4, 2024. Should you invest $1,000 in Intel right now? […]
Republican U.S. Rep. Tom Emmer and former President Donald Trump have made amends, months after Trump and his allies torpedoed the Minnesota congressman’s bid to become speaker of the U.S. House of Representatives. Trump attended a fundraiser hosted by Emmer this week at Mar-a-Lago, according to an Axios report. The two will work together this […]
The shorts are coming for MicroStrategy (NASDAQ: MSTR), and investors reacted accordingly on Thursday — well, at least one short seller, which made no bones about what it currently thinks of the tech company-turned-Bitcoin (CRYPTO: BTC) accumulator. As a result, MicroStrategy’s share price fell at a double-digit rate, closing more than 11% lower. Short the […]
Alibaba (NYSE: BABA) released its latest set of quarterly results late Wednesday, and investors reacted by trading the big Chinese company’s stock down the following day. Across that trading session the price of its American depositary shares (ADSes) declined by almost 4%, against an essentially flat-lining S&P 500 index. Fourth-quarter revenue rose, adjusted net income […]
Tesla (NASDAQ: TSLA) investors have had a tough start to 2024. The stock is down nearly 30% year to date, though returns more than doubled in 2023. But in the past several weeks, news has continued to accumulate that has investors taking profits from last year and sitting on the sidelines. Shares tumbled again today […]
Many electric vehicle (EV) stocks have been having a bad week. But start-up EV maker Fisker (NYSE: FSR) was one of the biggest losers. Fisker shares have dropped to an all-time low of about $0.80 per share and are down by about 23% just this week, according to data provided by S&P Global Market Intelligence. […]
Medical Properties Trust Inc (NYSE:MPW) shares are trading lower after the company announced plans to recover uncollected rents and outstanding loan obligations from Steward Health Care System. Also, Keybanc downgraded the stock from overweight to sector weight, which has also contributed to the 30% decline in the company’s stock price. Why is this a big […]