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Kevlar, Tyvek parent DuPont’s stock surges after big profit beat, raised outlook
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Alibaba’s stock slumps after another profit miss
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
Boot Barn’s stock sinks after it expects continued consumer caution in outlook
Shares of Western-wear retailer Boot Barn Holdings Inc. slid after hours on Tuesday, after the chain forecast sales trends for the fiscal year ahead that were below Wall Street’s expectations amid continuing tepid demand from shoppers.MarketWatch - Business -
Sony shares jump after profit beats estimates, concerns about Paramount bid ease
Sony Group shares rose sharply after quarterly net profit beat analysts’ expectations and concerns eased about its bid for media and entertainment company Paramount Global.MarketWatch - Business -
Roaring Kitty's Return Sends GameStop Stock Surging
The pandemic "meme stock" run is the stuff of history books and Hollywood movies these days, and now one of the figures central to that phenomenon has made a grand return. Keith Gill, better known by his online handle Roaring Kitty, posted a meme ...GameSpot - Tech -
Who is Roaring Kitty and why is he causing a GameStop stock surge?
Shares of GameStop, the embattled video game retailer at the center of the 2021 meme stock frenzy, are surging again after the return of the "Roaring Kitty.” Roaring Kitty, who is legally known as Keith Gill, kicked off another stock market surge ...The Hill - Politics -
GameStop and AMC shares surge for second day in ‘meme stock’ revival
Video game retailer climbs more than 50%, while cinema chain up more than 20%Financial Times - Business
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GameStop’s meme rally will likely be a series of ‘descending spikes,’ says market-cycles expert
“All of the GameStop rallies have been pretty spiky.”MarketWatch - Business -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Get ready for more S&P 500 highs, but bigger dips, says faithful S&P 500 bull
The Kobeissi Letter’s Adam Kobeissi has been a faithful and largely accurate bull since the S&P 500’s October lows. He’s still bullish but says get ready for some choppiness.MarketWatch - Business -
Oil prices hover near 9-week lows as traders await CPI data
Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.MarketWatch - Business -
NYCB’s loan sale to JPM praised as ‘important first step’ in turnaround
NYCB’s stock rises 5% in premarket trades after announcing deal to sell loans to JPMorgan Chase.MarketWatch - Business