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A Louisville shopping center home to several national retailers was sold in a $13.6 million deal. Michigan-based Agree Realty Co. purchased the shopping center located at 4025 Poplar Level Road in the Camp Taylor neighborhood. The mall is home to a relatively new Planet Fitness, Big Lots and AutoZone.
Shares of the video game retailer GameStop (NYSE: GME) had popped nearly 26% as of 1:37 p.m. ET today as excitement over a potential short squeeze rose on social media. GameStop is the pioneer of the meme-stock movement that took 2021 by storm, so the stock is heavily susceptible to big random moves up and down. Today, it looks like interest in the stock on social media is building, as short interest has risen to the highest it's been in more than a year, according to analytics company Ortex.
Yahoo Finance's Dave Briggs discusses what to expect from Nvidia earnings.
Cathie Wood is buying more shares of the EV maker -- and you might want to, too, based on this battery news.
Are there legal consequences when restaurants advertise exaggerated versions of their menu items? The photographic evidence from one lawsuit.
Costco Wholesale (NASDAQ: COST) might fall into that category. Its stock price has fallen along with the market this year, and last week it plunged after other retailers posted disappointing first-quarter results. Both Target and Walmart (NYSE: WMT) were caught off guard by rapid changes in consumer spending habits.
Moderna (NASDAQ: MRNA) and Novavax (NASDAQ: NVAX) both delivered major returns for investors in the early days of the coronavirus vaccine race. Moderna's vaccine entered the market in December of 2020. Novavax's vaccine began winning authorizations a year later -- but isn't yet approved in the United States.
The markets these days are flashing warning signs for investors. High inflation and slowing GDP growth threaten a return to the stagflation of the late 70s, while China’s strict anti-COVID lockdowns and the Russia-Ukraine war are working together to keep supplies of oil, food, and manufactured goods short, supply chains tangled – and prices high. In short, it’s an investment environment that cries out for defensive plays. Dividend stocks are clear choice for investors looking to buy in. Their ap
Former Twitter CEO Jack Dorsey's time at the company has come to an end. Dorsey stepped down from Twitter's board of directors Wednesday, a change that's effective as of the company's shareholders meeting. Dorsey had already begun to distance himself from the social media platform he co-founded, leaving Twitter's chief executive role late last year to focus on Block, formerly known as Square.
One of the troubling things about this market downturn is that as brutal as it got, corporate insiders never showed much interest in their discounted stocks. Using history as a guide, the S&P 500 (SPX) the Dow Jones Industrial Average (DJIA) and the Nasdaq Composite (COMP) stand to advance 15%-20% over the next three months. “Quality” means buying by insiders with strong records, buying by executives over directors who are further from the business, and bullish formations like cluster buys.
Shares of Kohl's (NYSE: KSS) were jumping today as the struggling department store chain took the next step in selling itself, with some potential offers reportedly ranging up to $62 a share. Reuters reported this morning that many of the potential bidders were considering lowering their buyout offer price given market conditions amid the pullback in retail stocks last week and the broad market this year. Among the bidders are Sycamore Partners, Franchise Group, Simon Property Group and Brookfield Asset Management (the mall REITs that took over JCPenney), and Acacia Research, which had offered $64/share for Kohl's back in January, though that offer was rejected.
Stocks for cloud-computing companies, which sell software and services linked to remote data centers via the internet, have experienced a horrible start to 2022. While the Nasdaq Composite Index is down nearly 30% year to date, many cloud stocks have fallen much lower. The company provides cloud-based enterprise data warehouse (EDW) services to its customers.
The board of QUALCOMM Incorporated ( NASDAQ:QCOM ) has announced that it will be increasing its dividend on the 23rd of...
The current market conditions – the NASDAQ is down 28% year-to-date, and the S&P 500 is down 17% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, like those under $10, which offer both learning opportunities and huge upside potential. However, in evaluati
The meeting minutes outline a strong agreement among Fed officials for further 0.50% moves in at least the next two meetings.
Nvidia will report its Q1 earnings after the bell on Wednesday.
The Fed is still not doing nearly enough to shrink the money supply and reduce excess demand for labor, energy, metals, houses, and other goods and services.
It's been a whole trading week since the last time American Eagle Outfitters (NYSE: AEO) investors had reason to be happy, with five straight days of nothing but falling share prices. On the day before American Eagle reports its first-quarter financial results, it finally caught an updraft, and as of 12:40 p.m. ET it's soaring 10.4% higher. Let's consider: Heading into Q1 earnings, analysts are forecasting that American Eagle's sales will rise 10% year over year to $1.14 billion.
Data analytics company Palantir Technologies (NYSE: PLTR) has been one of the most interesting stocks on Wall Street since it went public due to its mysterious nature, ties to the U.S government, and eccentric CEO Alex Karp. Stock-based compensation is common practice for technology companies like Palantir, and there's often a surge of it when these companies first go public. Palantir has given employees more than $700 million in stock over the past year alone.
Shares of Carvana (NYSE: CVNA) were soaring today, likely as some investors viewed the company's recent sell-off as a new buying opportunity. The investor optimism may be fueled by the fact that former U.S. Vice President and Carvana director, Dan Quayle, purchased more shares of the auto stock recently. Carvana's share price was up by 11.2% as of 1:53 p.m. ET.
Shares of cruise line stocks plunged in trading on Tuesday as the market continues to grapple with economic uncertainty. Industry giant Carnival (NYSE: CCL) (NYSE: CUK) was down as much as 11.3% in trading today, Royal Caribbean Cruises (NYSE: RCL) fell 10%, and Norwegian Cruise Line Holdings (NYSE: NCLH) dropped 11.8%. The news continues to be murky at best with companies warning of slowing sales in a variety of sectors, consumers experiencing inflation, and the Federal Reserve continuing to indicate that it will keep raising interest rates.
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