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Trump Is the Majority-Owner of a Meme Stock That’s Punishing Short-Sellers
Shares of Trump Media & Technology have skyrocketed 230 percent this month as the former president eyes a second term.Business - Inc. - October 30 -
Alphabet quiets the doubters with ‘all-around’ strength that sends stock soaring
“We believe that this ship is sailing smoothly and doing everything right,” an analyst says.Business - MarketWatch - October 30 -
Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.Business - MarketWatch - October 30 -
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first BudgetBusiness - Financial Times - October 30 -
Capital gains tax calculator: how are you affected?
UK chancellor Rachel Reeves has announced an immediate increase in her first BudgetBusiness - Financial Times - October 30 -
Eli Lilly's quarter was messy. What to do with the stock is more clear-cut
We're upgrading our rating on the drugmaker to a buy-equivalent 1.Business - CNBC - October 30 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - October 30 -
EBay’s sales outlook comes in weaker, and stock falls more than 7%
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.Business - MarketWatch - October 31 -
Coinbase’s stock falls nearly 5% as earnings fall short of estimates
Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.Business - MarketWatch - October 31 -
ASP Isotopes Stock Surges on Uranium-Plant Agreement With TerraPower
TerraPower, the Bill Gates-founded nuclear-power firm, will back the planned construction of a facility for producing enriched uranium.Business - The Wall Street Journal - October 30 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
The stock market gives this candidate a 70% chance to be the next U.S. president
Incumbent political party is favored when the Dow is up year-to-date, according to a prediction model with a 99% confidence rating.Business - MarketWatch - November 2