Chargepoint Stock Rallies 11 after Bofa Says Ev Charging Company Is Best in Class
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Robinhood’s stock rockets as BofA sees retail renaissance in ‘early innings’
BofA double upgraded Robinhood shares while abandoning its bearish call on Coinbase’s stock.MarketWatch - Business -
Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager
Ariel Investments’ vice chairman Charlie Bobrinskoy tells CNBC that as the Dow nears 40,000, there are bargains to be found in the value space.MarketWatch - Business -
Gold's Global Rally Is Sparking a New Investor Class
Gold is hitting record highs— bucking long held trends for the commodity. WSJ breaks down the factors behind its rally and why that’s bringing in a new class of investors.The Wall Street Journal - World -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
GameStop and AMC see meme-stock frenzy ease after Roaring Kitty-fueled rally
The meme-stock rally that lifted shares of GameStop and AMC was fueled by the social-media return of commentator Keith Gill, also known as Roaring Kitty.MarketWatch - Business -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
Scarlett Johansson says OpenAI ripped off her voice after she told the company not to use it in software
Scarlett Johansson's comments come after OpenAI paused the new ChatGPT AI voice "Sky."CNBC - Business -
US companies find borrowing conditions improving as markets rally
Chicago Fed’s index of financial conditions falls to lowest level since January 2022Financial Times - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
The 11 Best Early Memorial Day 2024 Mattress Deals
Sleep starting to feel less like a luxury? It might be time for a new mattress, and they’re often discounted.Wired - Tech -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.MarketWatch - Business -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business -
Global stocks hit record highs as more countries join in the rally
More global stocks are joining in the rally, and that’s a good thing — especially for U.S. markets.MarketWatch - Business -
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month’s news about U.S. tariffs.MarketWatch - Business -
Volkswagen-backed Chinese EV battery maker Gotion takes on rival CATL with superfast-charging LFP product
Yahoo News - World -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
11 hurt after late-night gunfire breaks out in Savannah, Georgia
An argument between two women led to a gunfight that left 11 people injured in a busy tourist area of of Savannah, GeorgiaABC News - Top stories -
Why Michael Dell's latest prediction about AI PCs is great news for Best Buy
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Missed the gold and silver rally? Metal mining stocks may be a way to catch up.
Gold and silver look ripe to extend a powerful rally, but shares of miners of precious metals still poised to play catch upMarketWatch - Business -
More and more stocks are joining the market's rally to new highs. Here's why and when to buy
Wall Street's 19-session journey back to all-time highs has been swift but healthy.CNBC - Business -
Why Cathie Wood’s Ark Innovation ETF is struggling in 2024 despite the stock-market rally
One research analyst prefers the Nasdaq for exposure to “disruptive innovation.”MarketWatch - Business -
Cathie Wood’s ETFs have been buying up stock in this online-gaming company
Roblox’s stock has tumbled in the wake of the company’s disappointing quarterly earnings report, but Cathie Wood’s ARK Invest seems to believe that makes them much more attractive.MarketWatch - Business -
Keywords Studios’ stock surges as videogame company mulls improved £2 billion bid from EQT
The Swedish private -quity giant is considering acquiring Keywords Studios for 2,550 pence per share, in what would mark a 73% premium on its closing price Friday.MarketWatch - Business -
Chevy Bolt owners to receive settlement checks after successful class-action suit over faulty batteries
Chevy Bolt owners are eligible for settlement checks as part of a $150 million class-action settlement with General Motors and South Korean industrial group LG over faulty batteries.NBC News - Top stories -
Let Buffett’s Pilot truck stops set up EV chargers, not the government, GOP Sen. Tillis says
Washington’s three-year-old bipartisan infrastructure law has drawn flak for not delivering a lot of chargers for electric vehicles, but Republican Sen. Thom Tillis of North Carolina said Thursday that he views that as a good feature of the law, ...MarketWatch - Business -
Indonesia minister says Musk to consider offer to build EV battery plant in country
Yahoo News - World - Indonesia -
Chevy Bolt owners win $150 million settlement after EVs caught fire
Some owners of the electric vehicle will be eligible for compensation of up to $1,400 because of a battery problem that caused fires.CBS News - Top stories -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Scottie Scheffler charged with assault after traffic stop outside US PGA
World No 1 released in time to play second round at ValhallaPlay delayed after pedestrian killed by shuttle bus near courseFollow live updates, plus news from round two of the US PGAThe most extraordinary chain of events in major history saw ...The Guardian - World -
The U.S. was set to move 11 detainees out of Guantanamo. Then politics got in the way, some officials say.
The Biden administration was set to move 11 detainees out of Guantanamo, but hit pause amid political concerns after Hamas attacked Israel, some officials say.NBC News - Top stories -
Fall trial set for pharmacist in 11 Michigan meningitis deaths after plea deal talks fizzle
A fall trial has been set for a pharmacist charged with second-degree murder in the deaths of 11 Michigan residentsABC News - Health -
11 presumed dead, 9 rescued after fishing boat sinks off South Africa
"The families of the bereaved fishermen have been informed that the search has been called off," an official said.CBS News - Top stories -
U.S. abruptly halts plan to transfer 11 detainees from Guantanamo days after Oct. 7th attack
The Biden administration halted plans to transfer 11 detainees from Guantanamo days after the Hamas attack on Israel, citing concerns about the optics, NBC News Pentagon Correspondent Courtney Kube reports.NBC News - Politics -
Cramer says these 10 stocks helped the Dow briefly crack 40,000
CNBC's Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index.CNBC - Business -
Is the meme-stock frenzy over already? Possibly, say experts.
Also, Best New Ideas in Money is back, Walmart had blowout earnings and AI is still buzzy.MarketWatch - Business -
UK stocks are outperforming the U.S. and one CIO says they look 'very cheap'
The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher.CNBC - Business - United Kingdom -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business