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Lyft Stock Rallies After Company Trims Loss
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GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
US companies find borrowing conditions improving as markets rally
Chicago Fed’s index of financial conditions falls to lowest level since January 2022Financial Times - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.MarketWatch - Business -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Roche Climbs After Weight-Loss Drug Shows Efficacy
Roche Holding said its weight-loss drug candidate achieved positive results in an early-stage trial, giving the company a boost in its bid to catch up to Novo Nordisk and Eli Lilly in a class of medicines that has shaken up everything from pharma ...The Wall Street Journal - Business -
Bayern finish third in Bundesliga after 4-2 loss
Bayern Munich slumped to a 4-2 defeat at Hoffenheim in the Bundesliga finale on Saturday, ending a disappointing season in third place.ESPN - Sports -
DFL leaders, Gov. Tim Walz say they have a deal to pay drivers more, keep Uber and Lyft operating in Minnesota after threats to exit
Lawmakers on Saturday night came to a last minute deal to keep the rideshare companies, Uber and Lyft, in the state.CBS News - Top stories
More from The Wall Street Journal
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Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Iranian President, Foreign Minister Killed in Helicopter Crash
Ebrahim Raisi’s death deprives Supreme Leader Ayatollah Ali Khamenei of a longtime ally as Tehran angles for regional dominance.The Wall Street Journal - World - Iran -
S&P 500 Futures Edge Up; Gold Prices Rally
S&P 500 and Nasdaq-100 futures advanced slightly while Asian and European markets were mostly up.The Wall Street Journal - World -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new all-time high as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
Behind New Caledonia's Riots, a Fight Over Vast Reserves of Nickel
France has a plan to lift restrictions on exports of the archipelago’s nickel to supply clean-energy manufacturing, drawing condemnation from indigenous leaders.The Wall Street Journal - World