Tag Archives: Stock

The companies with the most low-wage workers are spending billions on stock buybacks instead of raises

August 29, 2024 The companies with the most low-wage workers are spending billions on stock buybacks instead of raises A new report sheds light on exactly where these companies’ priorities lie. While some Americans have been looking to tighten their belts recently, U.S. corporations have been on a spending spree—but that money hasn’t been going … Continue reading The companies with the most low-wage workers are spending billions on stock buybacks instead of raises

This is what was likely behind the most recent stock market blowup

August 08, 2024 This is what was likely behind the most recent stock market blowup “Carry trades” are thought to have been the root cause of recent Wall Street mayhem. BY Reuters One of the ironies of the burst of volatility that just blindsided financial markets is its inevitability. Trades that are only feasible — and … Continue reading This is what was likely behind the most recent stock market blowup

Reddit stock slumps after CEO Steve Huffman teases paywalled subreddits

August 07, 2024 Reddit earnings: Stock slumps, CEO Steve Huffman teases paywalled subreddits Huffman floated the idea on an earnings call this week, but stopped short of giving a timeline for such a move. BY Chris Morris Reddit’s CEO is hinting that the social media site could explore some paid options for select subreddits now that … Continue reading Reddit stock slumps after CEO Steve Huffman teases paywalled subreddits

Despite market downturn, Kellanova stock jumps on reports that Pringles, Cheez-It maker could be acquired by Mars

August 05, 2024 Despite market downturn, Kellanova stock jumps on reports that Pringles, Cheez-It maker could be acquired by Mars The potential purchase would give Kellanova a valuation close to $30 billion, making it one of the biggest-ever deals in the snacking industry. BY Grace Snelling One of the biggest deals in the history of the … Continue reading Despite market downturn, Kellanova stock jumps on reports that Pringles, Cheez-It maker could be acquired by Mars

Virgin Galactic reverse stock split: Shares tumble as space tourism company fights to stay listed on the NYSE

June 13, 2024 Virgin Galactic reverse stock split: Shares tumble as space tourism company fights to stay listed on the NYSE Richard Branson’s company has been trading in penny territory for some time, down significantly from a high of more than $55 a share in 2021. BY Tracy Brown Hamilton Virgin Galactic Holdings, the space tourism … Continue reading Virgin Galactic reverse stock split: Shares tumble as space tourism company fights to stay listed on the NYSE

Apple stock price closed at an all-time high: Why the surge despite a mixed reaction to its AI event?

June 12, 2024 Apple stock price closed at an all-time high: Why the surge despite a mixed reaction to its AI event? It took Wall Street a day or so to warm up to the tech giant’s AI announcements. It’s possible they now sense an upgrade “supercycle” is on the way. BY Michael Grothaus It’s been … Continue reading Apple stock price closed at an all-time high: Why the surge despite a mixed reaction to its AI event?

Waystar IPO: Stock price will be closely watched today as the healthcare software company debuts on Nasdaq

June 07, 2024 Waystar IPO: Stock price will be closely watched today as the healthcare software company debuts on Nasdaq Shares were priced in the middle of the company’s estimated range, valuing Waystar Holding Corp at close to $1 billion, one of the larger listings of 2024. BY Sam Becker The name may conjure up memories … Continue reading Waystar IPO: Stock price will be closely watched today as the healthcare software company debuts on Nasdaq

Here’s what experts predict will happen with Nvidia’s stock split

June 06, 2024 Here’s what experts predict will happen with Nvidia’s stock split The share decision can sometimes backfire, but will Nvidia be able to avoid those risks? BY Chris Stokel-Walker Nvidia is one of the hottest stocks out there, but the chipmaker is undergoing a significant shift: The company that is nearly single-handedly powering the … Continue reading Here’s what experts predict will happen with Nvidia’s stock split