GameStop soars as flag bearer ‘Roaring Kitty’ resurfaces, sparks meme stock rally
By Medha Singh and Laura Matthews (Reuters) -Shares of videogame retailer GameStop surged nearly 75% on Monday after “Roaring Kitty”,…
Day: May 13, 2024
Tim Draper leads $3.5 million funding round for six-employee startup behind bitcoin lending
By Niket Nishant (Reuters) -Zest Protocol, a bitcoin lending startup with just six employees, has secured $3.5 million in a…
J&J to exit spinoff Kenvue with latest stake sale
(Reuters) -Tylenol maker Kenvue said on Monday that Johnson & Johnson will sell its remaining 9.5% stake in the company,…
Strong Walmart earnings may already be priced in with shares near record
By Siddharth Cavale and Noel Randewich NEW YORK (Reuters) – Walmart’s earnings amid signs of weaker discretionary spending could add…
Apple’s Maryland store workers vote to authorize strike
(This May 11 story has been refiled to say IAM, instead of AIM, in paragraph 1) (Reuters) – Workers at…