Latest in GameStop stock continues its climb amid squeeze chatter
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23andMe to lay off 40% of its workforce as stock price plummets
The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...Top stories - CBS News - November 12 -
Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines, weighed down by mounting debt, is considering filing for bankruptcy protection.Top stories - CBS News - November 13 -
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.Business - MarketWatch - November 18 -
Why Qualcomm’s latest diversification plans aren’t enough to help its stock
Qualcomm seems to be preparing for a world without Apple business, but one analyst thinks the company’s PC targets look aggressive.Business - MarketWatch - November 20 -
AMC’s stock slid this year, but its most-liquid bond is a different story
Bond investors are applauding AMC’s debt restructuring effortsBusiness - MarketWatch - 5 days ago -
Procter & Gamble’s stock upgraded to buy as its China business is perking up
P&G enjoyed a better sales performance during China’s big shopping event on 11/11.Business - MarketWatch - 2 days ago -
Burlington’s stock falls as warm weather hurts its coat sales
“Our third quarter comp trend started out very strongly, but then warmer temperatures from mid-September onwards slowed our sales momentum,” the company’s CEO said.Business - MarketWatch - Yesterday -
Jim Cramer's big takeaway from the market reaction to Nvidia's earnings beat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 6 days ago -
B1G Time: Ohio State won a battle over Penn State, but the war against its shortcomings on offense continues
As the Buckeyes chase a national title, there are still fixes needed on the offensive side of the ballSports - CBS Sports - November 6 -
Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...Business - MarketWatch - October 29 -
Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles
Company says it will cut about 200 employees as value plummets in aftermath of huge data breach. The genetic testing firm 23andMe said on Monday it would cut about 40%, or 200 employees, from its ...World - The Guardian - November 12 -
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - October 31 -
Rocket Lab stock soars amid strong momentum for the space-launch company’s Electron rocket
Shares of Rocket Lab USA Inc. are up 23.7% in premarket trades after the space-launch company highlighted strong demand for its Electron rocket during its third-quarter results Tuesday.Business - MarketWatch - November 13 -
Dental company stocks jump amid RFK Jr.'s health claims about fluoride
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.Top stories - CBS News - November 18 -
Rapidly rising rents squeeze millions in the middle class
Four in 10 middle-class renters pay 30% or more of their incomes toward housing each month, NBC News analysis of U.S. Census Bureau data shows.Top stories - NBC News - October 31 -
UK renters hit by housing supply squeeze
Number of new properties coming to market is weakest since 2021, driving rent rises, Rics survey findsWorld - Financial Times - November 14 -
Vanguard Group increases GameStop position, surpassing CEO Ryan Cohen’s stake
The asset-management giant has grown its stake in videogame retailer and original meme stock.Business - MarketWatch - November 13 -
GameStop appoints Nat Turner to board, tightens links with Collectors
Collectors Holdings CEO Nat Turner has joined the board of video game retailer and original meme stock GameStop.Business - MarketWatch - November 18 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Icahn Enterprises’ stock slides 14% as majority-owned CVR Energy suspends its dividend
Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro ...Business - MarketWatch - October 29 -
Amazon ‘has never been stronger.’ So why isn’t its stock getting more love?
Amazon’s stock has trailed the S&P 500 over three months, owing in part to concerns about operating income and margin compression. Will Thursday’s earnings alleviate fears?Business - MarketWatch - October 30 -
Wall Street is entering its best 6 months of the year. Why the stock-market rally has more room to run.
The U.S. stock market is about to enter historically its best six months of the year, after defying the popular Wall Street adage to “sell in May and go away” with strong gains.Business - MarketWatch - October 30 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Marqeta’s stock may shed a third of its value as these factors spur weak outlook
The fintech company’s forecast fell short of prior guidance as some customers are moving to in-house solutions and others are reacting to heightened banking regulations.Business - MarketWatch - November 5 -
Lumen reveals latest numbers around AI deals, and stock leaps higher
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - November 6 -
Super Micro still can’t say when it will file annual report, and its stock drops
Server maker doesn’t expect its accounting issues to impact its ability to serve customersBusiness - MarketWatch - November 6 -
Arm says it’s fueling many AI needs, but its stock shrugs off an earnings beat
The chip designer beat expectations for both its revenue segments.Business - MarketWatch - November 7 -
AppLovin’s stock easily seals its best week ever. It’s now up 600% this year.
The ad-tech company is now approaching a market capitalization of $100 billion.Business - MarketWatch - November 8 -
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...Business - MarketWatch - November 12 -
Starbucks turnaround plan has ‘merit’ but its unknown cost makes the stock a ‘sell,’ analyst says
Redburn Atlantic’s Edward Lewis downgrades coffee-shop giant after new Chief Executive Brian Niccol unveils his “Back to Starbucks” plan.Business - MarketWatch - November 13