Breadth became oversold last week and stocks rebounded this week. Is this a robust rebound or a dead cat bounce? Today’s report will show a key short-term breadth indicator hitting…
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Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
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If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first…
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Here’s why business leaders are spending big on Trump’s inaugural committee
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Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump’s inaugural committee, as they seek to get on his good side and make inroads before…
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Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says
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Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is…
In this video, after a rundown of the general markets and sectors, Tony brings you the latest options trade ideas. These include a number of bullish and bearish ideas, including…
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Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
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The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay. The agency alleges…
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IRS plans to pay 1 million taxpayers up to $1,400. Here’s how to check if you’re eligible.
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The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who…
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Lego is reinventing its iconic brick sets and keeping the toy industry afloat
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The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks. At a time when toy companies…
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Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
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Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.…
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Honda and Nissan officially begin merger talks to create world’s third-largest automaker
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Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference on Monday, Honda CEO Toshihiro Mibe said the…