Movers & Shakers Urban Outfitters Rallies on Results while Pacwest Gains on Real Estate Unit Sale and Other Stocks on the Move
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Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Lands’ End’s stock rallies as retailer posts stronger-than-expected sales
Shares of Lands’ End surpassed the $10 mark for the first time since August 2023.MarketWatch - Business -
Check-Cap to Be Bought by real estate Marketplace Nobul
Check-Cap has agreed to be acquired by Nobul AI, which operates a digital marketplace for real-estate agents and buyers.The Wall Street Journal - Tech -
Truth Social’s stock rally has made Trump billions, and many others millions
Trump Media & Technology Group’s stock soared Tuesday, as investors rushed to buy the stock with the new ticker symbol that bears the initials of the former president.MarketWatch - Business - Donald Trump -
Wells Fargo’s rally sparks KBW downgrade after it outpaces other bank stocks
Investors have been bidding up the stock partly on speculation that its asset cap imposed by the Federal Reserve may be lifted in the next year or so.MarketWatch - Business -
What Does the Real Estate Commission Shake-up Mean for New Yorkers?
Most real estate agents in the city are not affiliated with the National Association of Realtors. Here’s how the group’s recent blockbuster settlement will affect buying and selling homes in New York City.The New York Times - Top stories - New York -
AMC’s stock registers biggest gain in a month
The movie-theater chain’s shares saw their largest daily percentage gain since Feb. 27.MarketWatch - Business -
‘Biden bump is real’: president gains on Trump in six battleground states
Biden leads Trump in Wisconsin and is tied in Pennsylvania and Michigan, new poll shows. Joe Biden had some good news on Tuesday as polling showed him gaining on Donald Trump in six battleground states, seven months before the presidential ...The Guardian - World - Donald Trump -
Companies Are Seeking Real-World Supply-Chain Gains in New AI Tools
Logistics firms are targeting cost savings as well as faster and more efficient deliveries as they incorporate generative AI into operations.The Wall Street Journal - World -
Can aging boomers rescue the ailing commercial real-estate industry? This $2 billion fund is betting on it.
Harrison Street sees bright spots in senior housing and other demographic-driven commercial real-estate.MarketWatch - Business -
Commercial real estate is itching for a rebound two years after start of Fed rate hikes
Demand for office leases is picking up, but interest rates are still a wild card.MarketWatch - Business - Federal Reserve -
LIVE Transfer Talk: Man United eye Everton defender Branthwaite
Everton centre-back Jarrad Branthwaite is on Manchester United's radar ahead of a possible move in the summer. Transfer Talk is LIVE with the latest.ESPN - Sports - Premier League -
Boeing CEO Dave Calhoun leaving the company seen as good news for the stock
Steve Mollenkopf elected to become board chair, and will lead efforts to select next CEO.MarketWatch - Business -
Masimo’s stock gains on report of activist campaign, disclosure of spinoff plan
Masimo Corp.’s stock was up by nearly 4% on Monday after Politan Capital Management said it plans to nominate two more members to the patient-monitoring-technology company’s board.MarketWatch - Business -
McCormick’s stock gains as spice maker benefits from consumers eating at home more
McCormick’s net income climbs 19% as spice company refocuses on more profitable products.MarketWatch - Business -
GameStop shares make biggest gain since December ahead of fourth-quarter results
GameStop’s stock ended Monday’s session up 15.4%, registering its largest daily percentage increase since Dec.13, 2023.MarketWatch - Business -
Novocure’s stock surges after positive results in brain-cancer trial
Novocure Ltd.’s stock soared 15% Wednesday after the company announced positive results from a late-stage trial of a medtech device to treat patients with lung cancer that has spread to their brains.MarketWatch - Business -
Transfer Talk: Haaland still dreams of Real Madrid move
Man City star Erling Haaland still hopes to join Real Madrid one day and a €200m release clause could make it happen. Transfer Talk is with the latest.ESPN - Sports -
Canopy Growth rally continues with 28% gain after recent talk about federal cannabis reforms
Cannabis stock Canopy Growth has been rising sharply since March 14 and has gained 140% in the past week.MarketWatch - Business -
What’s behind Tesla’s stock rally? A short test drive.
A new sales directive is boosting Tesla’s stock on Tuesday.MarketWatch - Business -
Trump’s Truth Social sees stock rally again, but it sent a warning to investors
Trump Media & Technology Group’s stock surged Wednesday, but a sharp late-day pullback in the previous session may have acted as a warning to investors not to assume a smooth ride higher.MarketWatch - Business - Donald Trump -
Five-try Bath beat Sale to move up to second
Finn Russell kicks 17 points as Bath beat Sale 42-24 to move up to second in the Premiership.BBC News - Top stories -
These 5 portfolio stocks outran the market in Wall Street's strong week. Here's what fueled their gains
The Club's two chipmakers and its lone automaker were among the top-performing portfolio stocks this week.CNBC - Business -
Krispy Kreme soars 40% on deal with McDonald’s to sell its doughnuts nationwide
Krispy Kreme’s stock soared Tuesday, after the doughnut seller said its doughnuts will start becoming available at all of the fast-food giant’s U.S. restaurants.MarketWatch - Business -
Micron’s stock heads for best month in 13 years as bulls see more AI gains ahead
Micron has cemented itself in Wall Street’s eyes as a financial beneficiary of artificial intelligence, and investors are excited about what’s to come.MarketWatch - Business -
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.The Wall Street Journal - World -
The death toll in the Moscow concert hall attack rises to 143, while 80 others remain hospitalized
Russian authorities say that the death toll in last week’s Moscow concert hall attack has risen to 143ABC News - World -
Fisker warns of possible ‘event of default’ following NYSE move to delist stock
The New York Stock Exchange on Monday said it would begin the delisting process for Fisker Inc. stock — a move the struggling electric-vehicle maker said would trigger an “event of default” on some of its convertible debt due next year.MarketWatch - Business -
Viking Therapeutics posts positive results for oral weight-loss drug. Analysts remain unanimous the stock’s a buy.
Data from a Phase 1 trial is the latest bullish news from the biotech that may offer cheap entry to weight-loss mania.MarketWatch - Business -
Why the ‘Magnificent Seven’ and other momentum stocks may be hitting a wall
Riding a wave is exciting as long as it lasts — but watch out when it crashes.MarketWatch - Business -
Wall Street revamps 2024 S&P 500 targets after record-setting stock-market rally
Wall Street analysts are playing catchup with the 2024 stock-market rally.MarketWatch - Business -
2 major market themes that could make or break stocks after this week's rally
Wall Street largely stumbled on Friday but still managed to post strong weekly gains.CNBC - Business -
Disney’s stock has soared this year. Why this new bull says the rally has legs.
Disney is in the midst of a turnaround that could continue driving earnings improvement, according to Barclays.MarketWatch - Business -
U.S. stock-market rally could hit the skids if companies miss this mark, strategist warns
The record-setting rally in U.S. stocks could run into trouble if companies report disappointing profits, according to a top equity-market strategist at Morgan Stanley.MarketWatch - Business -
Reddit investors shrug off hold rating, bid up stock another 9% as post-IPO rally continues
Reddit's post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst.CNBC - Business -
Merck’s stock rallies toward a record after FDA OKs arterial-hypertension drug
Merck’s stock rallied into record territory Wednesday, after the drug giant’s treatment for pulmonary arterial hypertension, Winrevair, was approved by the U.S. Food and Drug Administration.MarketWatch - Business -
Bath move up to second in Premiership after late flurry sees off Sale
Bath 42-24 SaleFinn Russell has hand in four of home side’s five triesEvery point is going to count over the closing furlongs of the Premiership season and, on this evidence, Bath will have reason to thank Finn Russell when the playoff sums are ...The Guardian - World -
Stock up, stock down for USMNT players, England, Brazil and other teams during the international break
Welcome to Wednesday's edition of the Golazo XI newsletterCBS Sports - Sports -
Nio’s stock touches 52-week low after Chinese EV maker cuts sales estimates
U.S.-listed shares of Nio Inc. on Wednesday hovered around a 52-week low after the Chinese electric-vehicle maker cut its current-quarter sales estimates.MarketWatch - Business -
Kansas moves to join Texas and other states in requiring porn sites to verify people's ages
Kansas is poised to require internet pornography sites to verify that visitors are adultsABC News - Tech