Something Special? Why General Mills Stock Is Up
Few would consider food maker General Mills (NYSE:GIS) a high-flier, but its stock price was soaring Wednesday morning after it reported earnings that topped analysts’ estimates. The owner of brands…
Stocks
Reddit Goes Public, Stock Pops On First Day Of Trading
Social-media site Reddit (NYSE:RDDT) debuted on the Latest York Stock Exchange on Thursday, and it was an enormous hit with investors out of the gate. On Wednesday, Reddit announced its…
After Reddit IPO, clock is ticking on CEO’s ‘strange’ bet on the stock’s performance
Already one of the crucial highly paid CEOs within the U.S., Steve Huffman will get a bonus of greater than $20 million if Reddit’s stock can maintain a $5 billion…
What Does DoJ’s Lawsuit Against Apple Mean For Investors?
Shares of Apple (NASDAQ:AAPL) fell 4% on Thursday after the iPhone maker was hit with an antitrust lawsuit by the U.S. Department of Justice (DoJ) for “monopolization or attempted monopolization…
Rates Remain Unchanged; Three Cuts Still Targeted
As expected, the Federal Reserve made no changes to the federal funds rate on Wednesday afternoon, keeping the range where it has been since last July: between 5.25% and 5.5%….
Up 35% YTD, Can Micron Technology Keep Rising?
One other day, one other blowout earnings report from a semiconductor company, as Micron Technology (NASDAQ:MU) posted strong fiscal second-quarter earnings on Wednesday after the closing bell. In truth, Micron…
Chipotle Stock To Get Cheaper, But It’s Not Necessarily Low-cost
With Chipotle Mexican Grill (NYSE:CMG) stock, investors are about to get a real-life lesson on the difference between “more cost-effective” and “actually low cost.” In spite of everything, while stock…
Temu parent PDD’s stock climbs as improving consumer sentiment fuels profit beat
PDD’s stock powered higher Wednesday, after the China-based e-commerce company and parent of fast-fashion platform Temu reported fourth-quarter earnings that rose well above expectations, citing signs of improving consumer spending.
Is There Any Value Left?
If a stock plummets far enough, some value hunters may feel that it has nowhere else to go but up. Yet, so long as Fisker (NYSE:FSR) stock is above zero,…
Adobe Surpasses Expectations With Q1 EPS Of $4.48, Signaling Strong Market Position
Amid mounting interest in how Adobe Systems Incorporated (NASDAQ:ADBE) is using generative AI and artificial intelligence (AI) into its product offerings, the corporate has released its first fiscal quarter 2024…