Shares of Walmart backed Ibotta soar on public debut
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GameStop, AMC Shares Soar as Meme-Stock Comeback Continues
Both stocks added about 40% premarket and were among the most heavily traded shares in off-hours action.The Wall Street Journal - World -
GameStop and AMC Shares Soar as Meme Stock Revival Continues
A heady market rally extended to a second day after Keith Gill, the trader known as Roaring Kitty who rallied small investors to buy out-of-favor stocks in the pandemic, returned to social media.The New York Times - Business -
Walmart to Lay Off and Relocate Workers
The retailer is cutting hundreds of corporate jobs and asking some staff to move to large corporate hubs.The Wall Street Journal - Business -
Walmart Plans Layoffs of Corporate Staff, Will Relocate Others
The retailer is asking most remote workers to move closer to major offices for hybrid work, employees in Dallas, Atlanta, and Toronto are asked to move to bigger hub office locationsin Arkansas, California, and New Jersey.Inc. - Business -
Walmart is laying off and relocating hundreds of corporate workers
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.NBC News - Top stories -
Walmart's Reign as America's Biggest Retailer Is Under Threat
With Amazon on its heels, the nation’s biggest company by revenue is hunting for ways to continue growing.The Wall Street Journal - Business -
Tencent profits soar on its online advertising boom
Chinese internet giant focuses on other high-margin businesses as its blockbuster online games ageFinancial Times - World -
Walmart is laying off, relocating hundreds of corporate workers across the country. Read the memo
The move follows the closures of the company's health clinics and comes ahead of its earnings report on Thursday.CNBC - Business -
GameStop Soars as Roaring Kitty Rekindles Meme Stock Mania
Keith Gill, the trader who helped turn the video game retailer into a high-flying “meme stock,” posted cryptic messages online after a three-year hiatus.The New York Times - Business -
GameStop still soaring on meme rally, but beware the end of the ‘buying frenzy’
Shares of GameStop Corp. have skyrocketed in the last two days, lifted by the return of influential investor and analyst Keith Gill to social media, but investors should beware the end of the “buying frenzy,” say experts.MarketWatch - Business -
Why are GameStop shares on the rise again?
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to ...CBS News - Top stories -
GameStop shares surge for a second day
GameStop shares rallied in premarket trade for a second day on Tuesday, extending gains when the investor most linked to the company’s 2021 explosion had a social-media post for the first time in three years.MarketWatch - Business -
AI Is Electrifying These Power Producers' Shares
The outlook for higher electricity demand is lifting share prices to new heights at Vistra, NRG and Constellation Energy.The Wall Street Journal - World - Artificial Intelligence -
Period trackers 'coercing' women into sharing risky information
Research finds poor data management practices such as not being able to delete data about abortions.BBC News - Top stories -
GameStop shares slide as meme stock fervor fades
Shares of GameStop, AMC Entertainment and other so-called meme stocks dipped ahead of the start of trade on Wednesday.CBS News - Top stories -
‘Frankly stupid’: Fund manager weighs in on reignited meme stock frenzy as GameStop soars
Cole Smead, CEO of Smead Capital Management, told CNBC that it was "frankly stupid" that day traders were piling once again into GameStop and other meme stocks.CNBC - Business -
Delivery Hero shares rally on deal to sell Taiwan business, and a stake, to Uber
Delivery Hero shares rallied Tuesday as the German-listed food delivery company agreed to sell its Taiwan business, and a minority stake, to Uber Technologies.MarketWatch - Business -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
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 -
Paramount shares fall on report that Sony is reconsidering its bid
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer’s merger drama.MarketWatch - Business -
AMC discloses debt-for-equity swap that will see it issue 23.3 million shares
AMC is exchanging stock for bonds that mature in 2026.MarketWatch - Business