Articles

: One analyst makes a case for the ‘FTC’s non-case’ against Amazon

Baird's Colin Sebastian argues Amazon's successes are based primarily on "unique vision, keen investments, and a strong engineering orientation" --- not anti-competitive behavior. 

The Margin: Meta’s Twitter-rival Threads: How to sign up, what it costs and what we know so far

The Instagram spin-off is set to launch Thursday, just days after Elon Musk made several more controversial Twitter changes.

Market Extra: China ETFs fall after services sector data, deepening losses this year as U.S. stocks, emerging-markets funds rise in 2023

Exchange-traded funds that invest in Chinese stocks were trading down Wednesday afternoon, deepening the ETFs’ losses this year after data showed China’s services sector cooled in June and as investors face heightened geopolitical tensions between the country and the U.S.

The Margin: This K-pop group is now outselling BTS

The group Seventeen's latest album has sold more than 6 million copies — a record for the K-pop genre.

: Meta’s Threads could be a ‘Twitter killer’ — or could be a dud

Threads, reportedly set to debut Thursday, is being hailed as a Twitter killer. But a deeper look at Facebook/Meta's track record of imitators reveals mixed results.

Futures Movers: Oil prices rise on reports Saudi Arabia has said it’ll do ‘whatever necessary’ to support oil

Oil futures head sharply higher on Wednesday, finding support after Saudi Arabia's energy minister reportedly said that the kingdom will do whatever is necessary to support the oil market.

Fix My Portfolio: I’m 65 with more than $5 million saved and I can’t figure out how to spend it fast enough to avoid an RMD disaster

When you’ve been saving your whole life, sometimes it’s hard to switch gears and start spending, so try giving it away.

: Mullen Automotive’s stock bounces after EV maker vows to ‘take action’ against naked short sellers

Mullen Automotive's stock bounced Wednesday, after the electric vehicle maker retained a law firm to help it combat illegal naked short-selling activities.

: Environmental protesters Just Stop Oil disrupt Wimbledon tennis match

An environmental protest group interrupted play at the Wimbledon tennis tournament on Wednesday, the latest disruption by climate-change protesters in the U.K.

: Bankrupt Bed Bath & Beyond’s stock rises premarket, continuing rally

Shares of bankrupt Bed Bath & Beyond rose 3.8% in premarket trades Wednesday.

Metals Stocks: Gold prices slightly higher after weak China data

Gold prices traded slightly higher on Wednesday after weak Chinese service sector activity data, suggested world economic growth may be slowing.

: Rivian’s stock soars after upgrade with analyst saying entry to Europe is a welcome boost

Rivian's electric delivery vans made for Amazon are arriving in Europe in the coming weeks.
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