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…
As the February 1, 2025 deadline approaches, President Donald Trump’s proposed tariffs have created uncertainty across global markets. The administration plans to impose a 25% tariff on imports from Canada…
Introduction MicroStrategy, a leading business intelligence firm, has successfully raised $563 million through its Series A Perpetual Preferred Stock offering (STRK). The company initially targeted $250 million, but strong demand…
Gold stocks have risen, even after the Federal Reserve decided to keep interest rates unchanged. So it wasn’t surprising to find a few gold mining stocks filtered in my StockCharts…
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Starbucks announces several changes, including plans to cut some menu items
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Starbucks announced several changes, including its plan to cut some items from the food and drink menu. ‘We’ve taken steps to refocus the business, our mission and our marketing to…
Fox Corp. is scoring big this Super Bowl. The broadcaster has sold out of ad spots for Super Bowl 59 on Feb. 9, and more than 10 of those commercials sold…
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Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House
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Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term in the White House, with Elon Musk right by his side. Now that the Tesla CEO is firmly…
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Frontier Airlines proposes merging with fellow budget carrier Spirit — again
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Frontier Airlines said Wednesday it has again proposed merging with struggling rival Spirit Airlines, which is in bankruptcy. Frontier and Spirit first announced a deal to merge in 2022, but a JetBlue Airways offer derailed that plan.…