Articles

Grubhub to be sold for a fraction of what Just Eat Takeaway paid in 2021

Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago

Elon Musk, Vivek Ramaswamy to run Trump’s ‘Department of Government Efficiency’

President-elect Donald Trump late Tuesday announced Elon Musk and Vivek Ramaswamy will lead the “Department of Government Efficiency” in an effort to “dismantle government bureaucracy.”

Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms

Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger talks.

SoundHound diversifies its business beyond cars, but the hot AI stock retreats

The voice-based AI company is becoming less concentrated, as its top customer made up a far lower portion of overall revenue relative to a year before.

Rivian, Volkswagen joint venture is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create “cutting edge” EV technology.

Cava’s stock rallies 15% as Chipotle competitor vies to be ‘next major cultural cuisine’

Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented investors with another double-digit rise in foot traffic and raised its outlook for the year.

Instacart’s weak outlook for the end of the year drags the stock lower

Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.

House governance will be ‘very difficult’ for Republicans due to slim majority: analyst

Republicans appear on track to maintain their control of the U.S. House of Representatives in the new year, though yet again a narrow majority looks likely to cause headaches for GOP leaders.

Stock market’s fierce rally since the election faces a big CPI inflation test

Inflation took center stage during the 2024 presidential election. It isn’t gone, yet.

VIX signals stock rally ‘healthy’ for now. Here’s how to use it to spot a bubble.

The recent surge in stocks on the U.S. election has so far coincided with a drop in Wall Street’s fear gauge, as investors watch market volatility for signs as to whether the rally will hold up.

Here’s one reason investors should stick with stocks — despite warnings of a ‘lost decade’ ahead

Stocks have been on such a spectacular run lately. It’s easy to forget that it wasn’t always this way.

Wells Fargo touches all-time high as analyst hikes price target to new level

The outperformance of Wells Fargo & Co.’s stock over other big bank stocks continued Tuesday, as its touched an all-time high for the second straight day and a BofA analyst hiked his price target for the San Francisco-based financial giant.
1 275 276 277 278 279 1,973