Love them or hate them, meme stocks are back
By Saqib Iqbal Ahmed and David Randall NEW YORK (Reuters) – Meme stocks are soaring again, delighting fans, frustrating detractors…
Month: May 2024
Explainer-What is the history of the Israel-Palestinian conflict?
(Reuters) – Israel and Hamas have been waging war since gunmen from the Palestinian militant group went on the rampage…
Analysis-Hopes for ‘soft landing’ at stake as investors await US inflation data
By Lewis Krauskopf NEW YORK (Reuters) – Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday,…
Boeing Starliner’s crew debut delayed again over spacecraft issue
By Joey Roulette WASHINGTON (Reuters) -Boeing’s first Starliner mission carrying astronauts into space has been delayed again – until at…
Explainer-Why are meme stocks rallying again?
By Sruthi Shankar and Medha Singh (Reuters) – GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of…
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”,…
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…