News

Beyond Meat shares surge for a third day in a row as meme traders jump on board

It's the latest in an extraordinary week for the stock, which on Tuesday enjoyed its best day ever.

Baidu's Apollo Go plans to launch taxis with no steering wheels in Switzerland as the race for robotaxis in Europe heats up

Baidu's Apollo Go robotaxi unit plans to begin tests in Switzerland this year, with the aim of launching a public-facing service by the first quarter of 2027.

Barclays ups guidance, announces surprise $670 million share buyback

Barclays CEO said he looked forward to "sharing updated targets to 2028" alongside the bank's full-year earnings.

Travis Kelce joins activist investor Jana Partners in push to revive Six Flags

Jana has partnered with Kelce, Glenn Murphy and Dave Habiger in a group that now holds a roughly 9% stake in the amusement park operator.

Investor Lauren Taylor Wolfe says we are 'absolutely' in an A.I. bubble now

Lauren Taylor Wolfe, co-founder of Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble.

One-time penny stock Beyond Meat soars after addition to meme ETF, jumps 47% on Tuesday

The food company surged more than 127% Monday in its best day ever, and continued its rally Tuesday.

Activist investor Jana Partners takes stake in medical device maker Cooper Companies, WSJ says

The hedge fund will push Cooper to improve how it allocates capital in order to boost returns, the WSJ said.

China's economic growth likely slowed in third quarter

China's National Bureau of Statistics is set to release the third-quarter GDP and economic data for September on Monday.

This ETF strategy could help risk-averse investors ride out wild market swings

Invesco senior portfolio manager John Burrello sees income funds that employ options-based strategies as a suitable approach.

‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks

Investors are focused on a specific type of lending made by banks to non-depository financial institutions, or NDFIs, as the source of possible contagion.

Gold's record run is latest market signal that classic 60/40 investing portfolio may never return

The 60/20/20 portfolio is gaining after gold, bitcoin record runs, with alternatives taking half of bonds' former hold over a classic investor market approach.

Moody's says the banking system, private credit markets are sound despite worries over bad loans

Marc Pinto, the agency's head of global private credit, acknowledged in a CNBC interview that there are concerns over loose lending standards.
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