Starbucks Corporation (NASDAQ: SBUX) has gained more than 40% since its year-to-date low in mid-May but a Jefferies analyst warns it’s as far as it goes. Starbucks stock is trading…
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Six Flags Entertainment Corp (NYSE: SIX) is up more than 10% this morning after an activist shareholder said the theme parks operator could boost its stock price by $11 a…
December is a time of reflection and planning for financial market participants. Everybody is preparing for the holidays and what 2023 might look like, and the energy sector looks very…
Nike shares rise after robust quarter results but will the stock break this key level?
Nike Inc. stock (NYSE:NKE) rose more than 12% on Wednesday as second-quarter results topped estimates. The EPS in the quarter report came at $0.85, exceeding estimates of $0.65. The revenue…
A handful of bank stocks will do well next year if the Federal Reserve doesn’t push the U.S. economy into a severe recession – that’s according to the famed investor…
Elon Musk has a very simple explanation for why Tesla Inc (NASDAQ: TSLA) continues to sell-off this year – the macroeconomic backdrop! Here’s what Musk said in his recent tweet…
Rite Aid Corp (NYSE: RAD), on Wednesday, said its net loss nearly doubled on a year-over-year basis in its third financial quarter. Rite Aid shares down on weak guidance Shares…
Aptos startup Blocto eyes the next billion Web3 users via chain-agnostic wallet
Blocto, a startup running on the Aptos blockchain, is looking to bring the next billion users to the Web3 ecosystem. On Wednesday, the startup’s team announced that this goal is…
SafePal, which offers hardware wallets, software wallets, and browser extension wallet solutions and is currently used by more than seven million customers globally, has announced support for The Open Network…
As inflation has hit multi-decade highs in the United Kingdom and most of the other major economies, interest rates have risen. So suddenly, investors find it more attractive to park…