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These defense stocks may fare best whether Biden or Trump wins in November

The stage is set for what could be a strong multiyear period for U.S. defense contractors.

Viking Therapeutics’ promising weight-loss drug data makes the company a takeover target

Viking Therapeutics Inc.’s stock rose another 8% Wednesday to extend its week-to-date gains to 145%, as analysts weighed in on its positive weight-loss drug news with some bullish commentary and said the company has become an attractive takeover target.

Warby Parker’s stock tumbles again after earnings, as gross margins keep falling

The company has reported year-over-year declines in gross margin for every quarter since going public in September 2021.

Stripe’s $65 billion valuation by Goldman Sachs, Sequoia shows fintech appetite is back

Stripe’s valuation has climbed by $15 billion in the past year, having been valued as high as $95 billion in 2021.

‘Everything going to plan’ for Virgin Galactic as ticket prices rise, Truist says

Virgin Galactic Holdings Inc., which reported fourth-quarter results Tuesday, is set to reap the benefits of rising ticket prices, according to Truist Securities analyst Michael Ciarmoli.

We have $3.9 million in retirement and cash, but face a $60,000 annual college bill for our child over 5 years. Can I retire if my wife keeps working? 

“Should I go back to some kind of part-time employment?”

Want to join the top 1% crowd? Here’s how much money you’ll need to be part of the elite 1%.

The bar for entry into the club of the 1% wealthiest individuals is $12 million-plus at the top and just over $1 million at the bottom.

Direct Line shares surge following Ageas offer to buy out U.K. insurer at 43% premium

Shares in the British insurer rallied on Wednesday following a tough few years for the stock in the wake of plunging profits

Disney teams with India’s Reliance Industries to form $8.5 billion streaming joint venture

Walt Disney Co. announced Wednesday an agreement with India’s Reliance Industries Ltd. and Viacom 18 Media Private Ltd. to form a digital-streaming and TV joint venture that will have exclusive rights to distribute Disney movies in India.

U.S. trade in goods widens 2.6% in January

The U.S. trade deficit in goods widened 2.6% to $90.2 billion in January, according to the Commerce Department’s advanced estimate released Wednesday.

U.S. economy’s growth in the fourth quarter downgraded to 3.2%, GDP shows

The growth of the U.S. economy in the fourth quarter was downgraded slightly to a 3.2% annual pace, reflecting somewhat slower buildup of inventories or unsold goods.

As Beyond Meat’s stock heads for its best day ever, analysts still feel cautious

Bernstein is taking the forecast for dramatic gross-margin improvement “with a grain of salt” in light of this year’s performance.
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