Articles

New York padlocks 207 illegal pot stores as licensed sellers gain traction

State gears up actions against illicit cannabis stores with the total count of legal shops in N.Y. now at 307.

‘Stock markets today are just about as risky as I have ever seen’: Elliott’s Paul Singer gives rare interview

“The state of stock markets today are just about as risky as I have ever seen,’ says billionaire investor Paul Singer, in a rare interview

San Francisco’s office market hit rock bottom. Here’s how Wall Street is helping revive it.

The San Francisco office market was left for dead. But Wall Street may be bringing it back to life.

What we know about Alexa+ — Amazon’s new AI-powered voice assistant — and how the price compares to Google Gemini, ChatGPT

Amazon has revealed its new Alexa+ service, but it comes with a catch.

The brightest spot in the housing market is fading fast

New-home sales plunged in January as home buyers pulled back in the face of persistently high home prices and mortgage rates.

At Lucid, key-person risk is a ‘reality’ investors have yet to understand

The departure of Lucid CEO Peter Rawlinson is a blow to the EV maker that the market has yet to understand, one analyst said.

Can Nvidia earnings rally the stock market and stop the bleeding in tech?

Highflying “Magnificent Seven” tech stock are in correction territory. Investors are watching Nvidia’s results to assess tech exposure.

Taser maker Axon brushes off DOGE budget-cut worries as stock rallies

The company is playing up up its prospects for international growth and its cloud-services business

Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites

Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.

Lumen’s stock got little love from Wall Street analysts. That’s now changing.

Lumen’s stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares.

Super Micro’s stock is up 20%. Here’s what’s really behind the big rally.

An end to Super Micro’s delisting drama is welcome news for “fast money” and quantitative investors. But one analyst says institutional investors are still avoiding the stock.

AppLovin’s stock plunges as short sellers team up to stoke the bear case

The ad-tech stock is heading for a record selloff and its longest losing streak in more than two years. But it’s still up more than fivefold in the past year.
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