As equity markets print new all-time highs and the CBOE Volatility Index ($VIX) prints 52-week lows, this should be considered a bullish outlook by all accounts. However, when you look…
My initial intent was to focus on the number of major equity indices near their all-time highs or attempting to break out of long-term ranges, and how their behaviors around…
Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic. Now different drivers…
Long-expected layoffs are hitting Pixar Animation Studios today. Pixar will lay off about 175 employees, or around 14% of the studio’s workforce, a spokesperson for parent company Walt Disney told CNBC. The…
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Spirit Airlines gets rid of change and cancellation fees, joining Frontier
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Spirit Airlines is doing away with both change and cancellation fees, effective immediately, days after Frontier’s similar announcement, part of an overhaul of the country’s biggest discount carriers’ longtime strategy. Prior to…
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Supreme Court Justice Samuel Alito sold Bud Light owner’s stock amid boycott
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Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch as conservatives were ditching the Bud Light brewer over its partnership with a transgender social media influencer. On the same day Alito sold Anheuser-Busch,…
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Trump Media lost $327.6 million in the first quarter of the year on revenue of just $770,500
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Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according…
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Nestle to launch frozen pizzas, other foods targeting users of weight-loss drugs
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Nestle is launching a new frozen-food brand, Vital Pursuit, aimed at the growing market of consumers who are using GLP-1 drugs like Ozempic and Wegovy. Over the last year, the buzzy…
Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of the company surged. The company, which offers a range of…
Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of the company surged. The company, which offers a range of…