by Reuters | May 13, 2024 | General
By Medha Singh and Laura Matthews (Reuters) -Shares of videogame retailer GameStop surged nearly 75% on Monday after “Roaring Kitty”, an account associated with a social media finance influencer credited with sparking the 2021 meme stock rally, returned to...
by Reuters | May 13, 2024 | General
By Niket Nishant (Reuters) -Zest Protocol, a bitcoin lending startup with just six employees, has secured $3.5 million in a funding round led by billionaire investor Tim Draper. Besides venture capital firm Draper Associates, nearly a dozen investors participated in...
by Reuters | May 13, 2024 | General
(Reuters) -Tylenol maker Kenvue said on Monday that Johnson & Johnson will sell its remaining 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business. Based on Kenvue stock’s last close, the...
by Reuters | May 13, 2024 | General
By Siddharth Cavale and Noel Randewich NEW YORK (Reuters) – Walmart’s earnings amid signs of weaker discretionary spending could add fuel to a rally that has propelled its shares to record highs, or potentially spook investors looking to justify the...
by Reuters | May 13, 2024 | General
(This May 11 story has been refiled to say IAM, instead of AIM, in paragraph 1) (Reuters) – Workers at Apple’s store in Towson, Maryland, have voted in favor of authorizing a strike, the International Association of Machinists and Aerospace Workers (IAM)...