Carvana S Stock Rally Continues But Analysts Aren T Buying in Just Yet
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The timing may be just right to buy Nvidia or other semiconductor stocks
So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.MarketWatch - Business -
Royal Caribbean’s stock rallies toward a record on ‘very robust’ cruise demand
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Jefferies boss sells $65mn in stock to buy a customer’s yacht
Purchase shines light on wealth accumulated by longtime chief executive Rich HandlerFinancial Times - Business -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
16 Best Recycled and Upcycled Clothes (2024): Leggings, Sneakers, T-shirts
Who knew plastic bottles could look (and feel) this good? These leggings, shoes, and other apparel help keep waste out of landfills.Wired - Tech -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Top stories - Israel -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Business - Israel -
Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.MarketWatch - Business -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Ukraine is getting a new type of laser-guided bomb that can pummel 'soft' Russian targets, analyst says
Yahoo News - World - Ukraine -
Blackstone to Buy Franchiser Tropical Smoothie Cafe
The deal values the smoothie chain at around $2 billion, including debt.The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - Business -
Blackstone to Buy Franchiser Tropical Smoothie Cafe
The deal values the smoothie chain at around $2 billion, including debt.The Wall Street Journal - Business -
No, a Shadowy Figure Is Not Buying Tents for Columbia Student Protesters
Conspiracies about outside forces funding and orchestrating the university protests at Columbia and NYU have taken hold online, primarily on X.Wired - Tech -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Protesters arrested amid crackdown on pro-Palestine student rallies across US campuses
At least 34 arrested at University of Texas in Austin and 50 more detained at University of Southern California while House speaker jeered at Columbia University. Dozens of protesters were arrested on Wednesday while participating in pro-Palestine ...The Guardian - World -
Being Stuck in a Courtroom Is Just What Trump Needed
To win a political campaign, you want to put your candidate in a setting that provides a chance to excel. For Trump, that’s the trial.The New York Times - Top stories - Donald Trump -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Questions swirl over the future of TikTok. Who could own it? How will the platform operate?
Congress passed a bill that could ban TikTok. What could happen next and who might buy the social media platform?Los Angeles Times - Entertainment -
A Spring Luxury Shopping Spree: Everything to Buy Right Now
From cool cowboy boots to grand gardening gear, here’s what you should buy this month.The Wall Street Journal - World -
Mining giant BHP offers to buy rival Anglo American in potential megadeal
Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.MarketWatch - Business -
The costs of buying a home has hit an all-time high: report
It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four week period ending April 21. That’s up 5.2 percent from a year ...The Hill - Politics -
BHP move to buy Anglo American threatens to hasten City exodus
Offer of £31bn could create world’s biggest copper miner but attracts criticism from South African minister. . The Australian mining company BHP has set out plans for a £31bn takeover of rival Anglo-American in a deal that threatens to hasten the ...The Guardian - World -
Migrants undeterred by deaths to continue Channel crossing attempts
Yahoo News - World -
April 24, 2024 - US university protests
Pro-Palestinian protests are taking place at major American universities, prompting some officials to take extraordinary steps to confront the growing crisis. Follow for live news updates.CNN - Top stories -
Former tabloid executive continues testimony in Trump trial
Witness testimony continues Thursday in Donald Trump's hush money criminal trial. Follow here for the latest live news updates from court, analysis and more.CNN - Top stories - Donald Trump -
Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
Yellen confident U.S. inflation will continue to cool
Treasury Secretary Janet Yellen, remains confident the U.S. economy is “on a downward path for inflation” that could enable the Federal Reserve to cut interest rates in the months aheadMarketWatch - Business -
Dow drops more than 300 points on inflation and growth concerns, Meta drags S&P 500 lower: Live updates
Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Just 1 in 5 want Johnson replaced as Speaker: Survey
Only 1 in 5 Americans want Speaker Mike Johnson (R-La.) to be replaced, according to a new poll, which also found Democrats are more positive about him than they were late last year. A quarter of respondents are opposed to replacing Johnson, ...The Hill - Politics -
Apple Just Announced Free Small-Business Training Sessions
Entrepreneurs can visit Apple Stores to learn things like how to optimize online business listings and how to accept payments from iPhones.Inc. - Business - Apple -
'Just not good enough' - Klopp takes blame for derby defeat
Liverpool manager Jurgen Klopp says his side were "just not good enough" in their 2-0 Premier League defeat to Merseyside rivals Everton at Goodison Park.BBC News - Top stories -
Niecy Nash-Betts Just Wants to Drink Champagne on a Boat
The “Dahmer” and “Reno 911” actor talks about pole dancing, the lie that launched her career and her next project with Ryan Murphy.The Wall Street Journal - World