Roaring Kitty’s GameStop position worth over $386 million as of Monday morning
After three years of Reddit silence, the investor known as Roaring Kitty revealed on Sunday evening that he was holding a massive GameStop position. As...
Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024
The target comes as Jeep launches its first all-electric SUVs in the U.S., beginning with the Wagoneer S EV.
The Financial Doom And Gloom You See Is Probably Not Real
For over a decade, I've been witnessing a phenomenon that has left me scratching my head. A commenter will say how the economy is suffering...
‘The manufacturing side of the economy appears to have stalled,’ ISM says
A key barometer of U.S. factories fell to a three-month as new orders waned, the cost of raw materials rose and businesses were reluctant to...
Construction spending falls for second month in a row
Construction spending fell 0.1% in April, the Commerce Department reported Monday.
Hertz’s stock sinks as CFO and COO to leave after less than a year in the roles
Hertz’s stock slid further into record-low territory Monday, after the car-rental company said its chief financial officer was leaving the company, less than a year...
Are European stocks doomed to underperform?
European stocks could rally over the next few years when the current “U.S. equity mania” ends, analysts say.
Hedge funds should stop charging fees for ‘skill-less’ returns, top investors say
Hedge funds are collecting ‘significant’ fees on returns that would be ‘easily obtainable’ for free in the current higher interest rate environment
Paramount and Skydance agree to terms of a merger deal
Skydance is set to announce a deal with Paramount after agreeing to terms of a merger deal.