Latest in Stock Craters Failed
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Tech stocks hit first all-time high since July
Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.CNBC - Dec. 4 -
South Korean Lawmakers Move to Impeach President Yoon After Failed Martial Law Bid
President Yoon Suk Yeol’s attempt to break a political deadlock by imposing military rule collapsed within hours, leaving him with few defenders. A vote to impeach him could come as soon as Friday.The New York Times - Dec. 4 -
Terns’s stock soars as analysts cheer leukemia data — and predict more gains
The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill.MarketWatch - Dec. 4 -
Founder of Failed Crypto Lending Platform Celsius Network Pleads Guilty to Fraud
Alexander Mashinsky faces decades in prison after illegally manipulating prices and admitting to commodities and securities fraud.Inc. - Dec. 4 -
Chipmaker Marvell's strong quarter is good news for these 3 portfolio stocks
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Dec. 4 -
Mozambique’s auction of ‘tuna bonds’ fleet fails to attract single bid
Political unrest in the southern African country wrecks attempts to sell rusting vesselsFinancial Times - Dec. 4 -
Marvell’s stock skyrockets as it’s dubbed the next hot AI chip name
Wall Street is excited about Marvell’s traction in custom offerings and partnership with Amazon’s AWS.MarketWatch - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Why Foot Locker’s stock is sliding despite upbeat Thanksgiving-week sales
The company is dealing with “softer consumer demand outside of key selling periods,” as well as the need for more promotions.MarketWatch - Dec. 4 -
Salesforce earnings spur a big stock rally. Is the AI hype justified?
Wall Street seems excited about early momentum for Salesforce’s Agentforce AI product, but some analysts are skeptical about the monetization potential.MarketWatch - Dec. 4 -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Eli Lilly crushed Novo Nordisk's in a head-to-head obesity drug trial. Salesforce and Marvell shares surged on earnings.CNBC - Dec. 4 -
Why gold will likely beat stocks over the near term
Stocks and gold have produced nearly identical returns so far this year.MarketWatch - Dec. 4 -
FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
South Korea Stock Markets Wobble After Martial Law Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.The New York Times - Dec. 4 -
Kospi heavyweight stocks fall in volatile trade amid political chaos
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.CNBC - Dec. 4 -
Salesforce earnings may serve as latest shot in the arm for software stocks
Salesforce’s stock rises after a revenue beat that could signal healthy spending trends in the industry.MarketWatch - Dec. 4 -
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Marvell’s results signal a gradually healthier business that’s about more than just the AI boom.MarketWatch - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the businessABC News - Dec. 3 -
Measure to ban trans Montana lawmaker Zooey Zephyr from women's bathroom fails
A measure to bar Montana Rep. Zooey Zephyr, the state’s first transgender legislator, from using the women’s restroom at the state capitol failed to pass the House rules committee Tuesday, with ...NBC News - Dec. 3 -
WATCH: Crowd reacts to hilarious Christmas tree lighting fail at Dublin's Trinity College
After an enthusiastic countdown, the crowd looked around in confusion as the tree remained unlit.ABC News - Dec. 3 -
How Treasury yields are driving whether U.S. stocks beat the rest of the world
Treasury bond yields are clearly influencing how U.S. stocks behave this year relative to equities in the rest of the world, DataTrek Research found.MarketWatch - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
Modelo brewer Constellation Brands' sale of Svedka vodka is a positive move for the stock
Wine and spirits have been a consistent drag on the brewer's earnings.CNBC - Dec. 3 -
This Ginormous Sleeping Kirby Plush Is Available For Preorder, But Stocks Are Limited
Sleeping Friend Kirby Limited Edition $150 | Releases January ...GameSpot - Dec. 3 -
Korean stocks trim declines after president lifts martial-law order
U.S.-listed shares of South Korean stocks and ETFs tracking the country’s equities market trimmed declines Tuesday afternoon after the country’s president lifted a martial-law order.MarketWatch - Dec. 3 -
Is the Stock Market Bubble About to Pop?
Investor euphoria is soaring, but strategists remain hesitant to call it too frothy.Inc. - Dec. 3 -
AT&T Gave Up on the Media Business, and Its Stock Has Surged
Investors have welcomed CEO John Stankey’s return to boring wireless and broadband services after costly entertainment gambles.The Wall Street Journal - Dec. 3 -
Vietnamese tycoon must find $9bn to avoid death penalty after appeal fails
She is now in a race for her life - if she can pay back 75% of what she took, she could be spared.BBC News - Dec. 3 -
Jim Cramer lists 10 stocks likely to perform well in December
CNBC's Jim Cramer listed ten stocks he thinks will do well in December.CNBC - Dec. 2 -
2 Delta attendants fail breathalyzer test before international flight
Delta says it pulled pair of crew members from duty after random screening by Dutch authorities.CBS News - Dec. 2 -
Art Cashin, New York Stock Exchange fixture for decades, dies at 83
Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died.NBC News - Dec. 2 -
This move by the stock market’s ‘fear gauge’ is historically bullish for the S&P 500
Traders have been rushing in to buy stocks in the final hour of trading over the past two weeks, while a gauge of expected S&P 500 volatility has dropped sharply in the wake of the presidential ...MarketWatch - Dec. 2 -
Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
Pat Gelsinger's retirement from Intel will only help Club holding and longtime rival AMD, Jim Cramer said Monday.CNBC - Dec. 2
