Articles

Gaetz as Trump’s AG seen as bullish for pot stocks, but confirmation looks unlikely

If controversial Republican Matt Gaetz manages to win confirmation as attorney general, his tenure at the Justice Department is expected to be positive for the cannabis industry.

‘DJT’ stock flattens out as investors take in Trump’s cabinet moves

There’s been strong volume for the closely watched Trump Media & Technology stock, but no big pops after Election Day.

Tesla should sell its stock after the big post-election run up, analyst says

Tesla should take advantage of its stock’s post-election surge to raise capital by selling shares, a Jefferies analyst says.

Intuitive Machines’ stock skyrockets as third-quarter revenue more than triples and NASA fuels record backlog

The Houston-based company made history earlier this year when its Odysseus lander became the first commercial lander to successfully land on the moon’s surface.

General Mills is buying its fifth pet food business. Here’s why it could fetch more growth.

From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, according to estimates from Bloomberg Intelligence.

Jobless claims fall to lowest level since May

Claims drop 4,000 to 217,000, fourth drop in past five weeks

Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation

U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may last awhile.

Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage

Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course correct” the company after it swung to a first-half loss.

Advance Auto Parts to close more than 500 stores, exit 200 other locations

Advance Auto Parts’ stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.

Will a big firm managing your money boost your odds of financial success?

Bigger may not be better — or it may be just what you need — but there are other factors.

Why no more than 60% of your retirement money belongs in stocks

Bonds have kept pace with stocks throughout U.S. market history.

Disney’s stock surges as streaming profits grow and film releases shine

“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.
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