Money
GameStop’s shares tumbled over 15% after the retailer announced a $1.75 billion convertible bond offering to fund its aggressive Bitcoin purchase strategy, mirroring moves by companies like MicroStrategy. Analysts express skepticism as the company faces declining revenues and market uncertainty.
Bonds
Stock Market
Jim Cramer delivers his latest investing strategies in the newly released June 11 episode of “Mad Money.” Stock traders can now access his expert advice on CNBC.
Stock Market
U.S. stocks rose on Wednesday following softer-than-expected inflation data and a preliminary trade agreement between the U.S. and China. The market gains reflect investor optimism amid easing price pressures and potential resolutions to ongoing trade tensions.
Stock Market
Hershey Company, a titan in the confectionery world, faces questions about its stock performance relative to the Dow Jones Industrial Average. Is the iconic chocolate maker lagging behind the market?
Stock Market
Merck & Co., Inc. is projected to achieve an earnings per share of $9.62 in fiscal year 2026, according to new estimates released by Cantor Fitzgerald analyst C. Gould. The research note was issued to investors on June 9th.
Stock Market
NVIDIA CEO Jensen Huang announced at the GTC Paris developer conference that quantum computing is “reaching an inflection point,” signaling a shift towards real-world applications in the near future. His optimistic outlook marks a significant change from his earlier predictions, reflecting rapid advancements in the field.
Stock Market
IREN Limited has priced its $500 million offering of 3.50% convertible senior notes due 2029. The notes are being offered privately to qualified institutional buyers under Rule 144A of the Securities Act of 1933.
Bonds
Stock Market
A recent survey reveals that most economists expect the Bank of Japan to maintain its current interest rates through the end of 2025 amid uncertainties over US tariff policies. Concerns about Japan’s economic outlook and public finances are delaying anticipated rate hikes and influencing monetary policy decisions.
Bonds
Alphabet Inc.’s $2.2 trillion market cap just expanded, as the tech giant’s stock climbed higher thanks to ChatGPT. The AI innovation has propelled the company’s valuation to new heights, signaling continued growth in the tech industry.
Stock Market
Halper Sadeh LLC, a New York-based investor rights law firm, has announced investigations into several companies over potential violations of federal securities laws and breaches of fiduciary duties to shareholders. The companies under scrutiny include STR, GTLS, STRM, and SGN.
Stock Market
Omnia, a leading chemicals manufacturer, reported a 3% increase in revenue to R22.81-billion and boosted dividends to shareholders, signaling solid performance in the past financial year.
Stock Market
This week, pivotal reports on consumer and business confidence, along with crucial inflation data, are set to shape economic outlooks as trade talks unfold in London. The outcomes may significantly influence markets and the broader economy.
Stock Market
The Schwab U.S. Dividend Equity ETF has significantly increased its holdings in the energy sector, adding top stocks like ConocoPhillips, Chevron, and EOG Resources to its portfolio. This strategic move underscores the ETF’s focus on bolstering returns through energy investments.
ETFs
Stock Market
Investors who purchased American Depositary Shares of Reckitt Benckiser between January 13, 2021, and July 28, 2024, may have the opportunity to lead a securities fraud class action lawsuit. Rosen Law Firm has filed the suit, and the deadline to move the court to serve as lead plaintiff is August 4, 2025.
Stock Market
An insightful look into O’Reilly Automotive’s stock performance reveals how it stacks up against other companies in the consumer discretionary sector. Understanding these comparisons can be valuable for investors navigating today’s market.
Stock Market
The sudden implosion of President Trump’s relationship with Elon Musk has sent shockwaves through both political and tech circles. As two of the most influential figures part ways, three pressing questions emerge that could shape the future landscape of innovation and policy.
Stock Market
Financial markets stumbled as optimism from “very positive” talks between Presidents Donald Trump and Xi Jinping was overshadowed by a stunning public row between the US leader and Elon Musk. The dispute erased initial gains, leaving investors wary of the market’s volatility.
Stock Market
The escalating feud between Elon Musk and Donald Trump has not only captivated global audiences but also had tangible effects on the market, including a staggering $152 billion loss in Tesla’s market cap. What began as a seemingly strong alliance has spiraled into a public dispute, with Musk’s recent Epstein claim drawing sharp criticism from the White House.
Stock Market
Nvidia recently addressed bearish concerns by emphasizing that the shift from AI training to inferencing, especially for reasoning models, presents an opportunity to drive greater GPU demand. Bears have worried about this transition, but the company sees it as a catalyst for growth.
Stock Market
Investment firm Jefferies has initiated coverage of Welspun Living’s stock with a buy rating. This endorsement highlights growing interest in the company from major financial analysts.
Stock Market