Uks Staggeringly Cheap Stocks Trade
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Home builders’ stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.
Demand for new homes has been strong, despite high mortgage-loan rates.MarketWatch - Business -
Tkachuk, Pastrnak trade punches in confrontation
The Panthers defeated the Bruins 6-1 on Wednesday to even their series 1-1, but the highlight was the fight between stars Matthew Tkachuk and David Pastrnak.ESPN - Sports -
White Sox trade Robbie Grossman to Rangers
The Chicago White Sox have made a trade prior to Wednesday’s game against Tampa Bay, sending outfielder Robbie Grossman to the Texas Rangers.Yahoo Sports - Sports - MLB -
Making moves: LIV allows teams to trade players
In a first for LIV, the 13 teams can negotiate trades through June 9 in an effort to improve their teams but without altering the contracts of players.ESPN - Sports -
Malaysia offers trade partners 'orangutan diplomacy'
The great apes are proposed as gifts for palm oil importers, but conservationists voice concerns.BBC News - Top stories - NFL -
Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - World -
Revisiting the Chris Sale trade, which Red Sox will never regret
As a rejuvenated Chris Sale takes on his former team Wednesday, John Tomase explains why the Red Sox still did the right thing by trading him.Yahoo Sports - Sports -
Rangers reacquire switch-hitting OF Robbie Grossman in a trade with the White Sox
The Texas Rangers have reacquired switch-hitting outfielder Robbie Grossman in a trade with the Chicago White SoxABC News - Sports - MLB -
Fantasy Baseball Trade Analyzer: Buy into a pair of Astros sluggers
Fantasy baseball analyst Fred Zinkie offers up his top buy low/high and sell low-high candidates for Week 6.Yahoo Sports - Sports - Fantasy Football -
Bitcoin is trading sideways, but get ready for another rally in September
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Business - Crypto -
Trade Desk scores earnings beat as it continues to ride momentum in connected TV
Continued growth in advertisements on connected TV helped Trade Desk Inc. beat earnings expectations for the latest quarter when it reported results Wednesday afternoon.MarketWatch - Business -
S&P 500 Futures Fall as Airbnb Shares Slide
U.S. stock futures fell and overseas markets were mixed ahead of the Bank of England’s interest-rate decision.The Wall Street Journal - World -
China’s exports return to growth as Beijing prioritises high-tech manufacturing
Xi Jinping’s trade and industrial policy has drawn accusations of dumping from the US and EuropeFinancial Times - World - China -
Monster Beverage launches $3 billion stock buyback
Beverage company’s chief executive may sell up to about $33 million of stock to provide “flexibility.”MarketWatch - Business -
Elephant Mario Plush Is Back In Stock At Amazon
Super Mario Bros. Wonder was among the biggest releases of 2023, so it should come as no surprise that the iconic Elephant Mario power-up has received the Little Buddy plush treatment. This plush has sold out quickly each time it's been available ...GameSpot - Tech -
Why Lyft's Stock Is Pulling Ahead of Uber's
Low expectations can also be a blessing.The Wall Street Journal - World -
Chinese Stocks Rebound, but Foundation for Rally Still Weak
Stocks in Chinese companies have bounced back, but investors have seen false dawns before.The Wall Street Journal - World -
Bill Hwang lost $35 billion in a spectacular trading implosion. Now, prosecutors will try to prove it was a crime.
The hedge fund trader stands accused of misleading banks and manipulating prices through huge, shadowy stock buys, but he argues he did nothing illegal.MarketWatch - Business -
Brandon Aiyuk trade rumors: 49ers focused on contract negotiations, not dealing star WR
The 49ers want to keep the gang togetherCBS Sports - Sports - NFL -
Astros GM 'can't envision' selling at MLB trade deadline amid Houston's struggles: How could teardown work?
The Astros are 12-23, but they aren't even thinking about selling just yet. We can think about it, thoughCBS Sports - Sports - MLB -
Broncos release former Cowboys QB after trading for Zach Wilson, drafting Bo Nix in first round
Ben DiNucci bounced back and forth between Denver's practice squad and the active roster in 2023CBS Sports - Sports - NFL -
Binance Pledged to Thwart Suspicious Trading---Until It Involved a Lamborghini-Loving High Roller
Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.The Wall Street Journal - World -
New York Times stock gains as adjusted profit rises by 41%
Digital subscriptions rise by 210,000 in a ’strong start’ for the year.MarketWatch - Business - New York -
Shopify’s stock slides 19% after company swings to quarterly loss
Shopify is expecting its gross margin to shrink by 50 basis points in the second quarter.MarketWatch - Business -
Why You Shouldn't Sell Your Stocks Before the Presidential Election
Strategists are cautioning investors against dumping positions ahead of a summer rally.Inc. - Business -
Reddit Records Bigger-Than-Expected Jump in Users
Daily active users for the social-media company rose 37% to 82.7 million. The company posted higher revenue and a wider loss for the first quarter, hit by IPO-related costs.The Wall Street Journal - World -
Reddit Stock Surges After Active Users Jump More Than Expected
Reddit posted higher revenue and a wider loss for the first quarter, as IPO-related costs weighed heavily on the social-media company.The Wall Street Journal - World -
Dow Edges Higher, Nasdaq Slips; Uber, Lyft Shares Diverge
U.S. stocks were mixed as first-quarter earnings season nears its end.The Wall Street Journal - World -
Teva Pharmaceutical’s stock climbs as schizophrenia treatment shows promise
Teva Pharmaceutical Industries stock jumped more than 6% early Wednesday after the company reported first-quarter sales that topped estimates and released positive late-stage trial data on a schizophrenia treatment.MarketWatch - Business -
Tripadvisor’s stock could see record plunge as potential buyout plans dropped
Tripadvisor’s stock took a dive premarket Wednesday, after the online travel-booking company said it decided pursuing a potential sale would not be in the best interest of the company or its shareholders.MarketWatch - Business -
Why Uber’s stock is having a bumpy ride after earnings
Uber Technologies Inc. posted mixed earnings on Wednesday, beating estimates on an adjusted profit metric while giving an outlook for bookings that was below expectations.MarketWatch - Business -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street's winning streak may come to an end Wednesday.CNBC - Business -
Intel’s stock drops after Biden administration bans some sales to China’s Huawei
Intel’s stock took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling will stop the export of some of the company’s products to a customer in China.MarketWatch - Business - Joe Biden -
Snap takes advantage of recent stock surge to sell convertible debt
Snap’s stock pulled back Wednesday after the parent of the video-messaging app Snapchat planned to take advantage of the recent runup in its stock price to sell convertible debt.MarketWatch - Business -
Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - Business -
Stock-market crash fears are fading, according to options traders
As U.S. stocks have rebound from last month’s selloff, options traders aren’t buying as many contracts that would pay off if the market were to crash.MarketWatch - Business -
Arm crushes earnings expectations, but stock falls as forecast lacks wow factor
After a sharp run for Arm shares recently, they looked set to give back some of their gains after Wednesday afternoon’s earnings report.MarketWatch - Business -
AppLovin’s stock rallies as earnings highlight improvements in app ad market
Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.MarketWatch - Business -
Robinhood Stock Jumps After Company Reports Record Revenue and Profit
The online brokerage’s revenue and earnings topped Wall Street expectations. Shares were up about 6% after hours.The Wall Street Journal - World -
How Apple's record $100 billion-plus stock buyback benefits shareholders
As outstanding share counts go down, investors don't have to do anything to get baked-in returns and own larger and larger pieces of companies.CNBC - Business