“Everything is kind of falling apart in their core business,” Moses Ventures founder Danny Moses told CNBC’s “Fast Money.”
Category: Finance News
Chinese consumer stocks to buy even if the overall market rally fades
Almost as quickly as the China stock rally happened, several investment analysts have been swift to point out its weaknesses.
This inflation-focused ETF may be in a sweet spot
Horizon Kinetics’ James Davolos thinks his firm’s inflation-focused ETF is “ideally positioned” for gains this year.
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
It took a total of 12 months and a number of iterations for Yu Shu to finish the final version of the Munger bust.
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would’ve saved Americans $10 billion a year.
Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids
The retailer said it would be selling its Pride merchandise in a select number of stores and that apparel from the collection this year will be for adults only.
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a legendary mathematician who founded the most successful quantitative hedge fund Renaissance Technologies, passed away on Friday.
Stocks making the biggest moves midday: Novavax, Taiwan Semiconductor, Sweetgreen and more
These are the stocks posting the largest moves in midday trading.
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
Consumers are acting vastly different depending on income level.
Sweetgreen shares soar 35% after company beats revenue expectations
Shares of the salad chain surged 35% Friday after the company beat Wall Street’s forecast for first-quarter results.