Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman Matthew McQuaid confirmed the agreement, which will…
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WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid
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As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this week for the name “Detroit Shock.” The filing,…
Listen, I’m generally a fairly optimistic guy. I tend to see the good in the stock market, while many others continuously focus on potential selloffs ahead. I remain mostly bullish…
In this video, Mary Ellen unpacks the week after the news drop roiled markets; coupled with major earnings reports, it’s been a rough week. She highlights what drove the biggest…
The Cybersecurity ETF (CIBR) has been leading the market for a solid four months and recorded yet another new high this week. Chartists looking to take advantage of this leadership…
Today on the SP600 (IJR) the 20-day EMA nearly crossed above the 50-day EMA for a “Silver Cross” IT Trend Model BUY Signal. Price is really going nowhere. Bulls might…
Technology moves back into top-5 As we wrap up another trading week, a notable shift has occurred in the sector rankings. The technology sector, after a brief hiatus, has clawed…
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Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.
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Sports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public offering of the new year and a potential…
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UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
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Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by…
As the FOMC prepared to announce its rate decision on Wednesday, the Financial Select Sector SPDR Fund (XLF), which had been steadily climbing since the end of 2023, was approaching…