Chefs' Warehouse (NASDAQ: CHEF) investors lost ground to a declining market this week. Shares were down 12% through Thursday trading compared to a 2.7% slump in the wider market, according to data provided by S&P Global Market Intelligence. The dip came as investors learned that Chefs' Warehouse is taking on new debt.
Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.
Tech led the stock market lower Tuesday, with major benchmarks weakening in the last hour. Berkshire Hathaway's Warren Buffett made $450 million on Occidental Petroleum after a Cowen upgrade. Berkshire added more shares in March.
Cathie Wood is all about disruption, which is why she laments what is happening to the Nasdaq. The Ark Invest financial guru has repeatedly called out the Nasdaq for no longer being the disruptive force it was envisioned to be, and Wood believes that the reason the major indices have become more risk averse is the tech and telecom bubble from the late 90s.
Disney might be the happiest place on earth, but one thing's for sure -- it isn't so happy there today. CEO Bob Iger sent out an email to Disney employees on March 27 informing them that the layoffs previously announced in February have begin.
Investment is down, labor is scarce, budget is squeezed. Oligarch: ‘There will be no money next year’
The firm said it was relocating “immediately” from Washington after the state’s supreme court cleared the way for a capital gains tax.
The Oracle of Omaha never saw a future in cryptocurrency.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergFBI Releases Files on Ivana TrumpSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkThe firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate Capital and Signature Ba
High-yield savings accounts are offering big rates and low risk, but advisors say there are tradeoffs to consider.
(Bloomberg) -- Of all the stocks that have been supercharged by this year’s artificial intelligence frenzy, Nvidia Corp. stands alone.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsMcKinsey Starts Eliminating 1,400 Roles This Week in a Rare Round of Job CutsThe key supplier of chips required to power chatbots has more than
Tesla and BYD are the world's largest electric-vehicle makers. In 2022, BYD vehicle sales raced far past Tesla's. Among all-battery electric vehicles, or BEVs, Tesla still leads, though BYD is closing the gap. Tesla announced big price cuts in China and key Asian markets on Jan. 6, followed by sweeping discounts in the U.S. and Europe.
(Bloomberg) -- Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they get from Canadian firms. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsMcKinsey Starts Eliminating 1,400 Roles This Week in a Rare Round of Job CutsIn a
Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds. However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in t
Commercial real estate debt and mortgages are a 'serious' threat to the economy, warns the serial entrepreneur and billionaire.
XRP led gains in major tokens on positive sentiment, but might face a sell-off in coming days.
When El Salvador President Nayib Bukele made the controversial decision to make Bitcoin legal tender in his country, many people were skeptical and concerned about the potential risks. Bukele announced on Twitter that the country would purchase one Bitcoin (CRYPTO: BTC) each day starting Nov. 18, 2022. How is that going in 2023? The latest news out of El Salvador suggests that the government's bet on cryptocurrency is paying off. Don’t Miss: This Startup Built the World's First AI Marketing Plat
Finding S&P 500 stocks that analysts agree on is rare. So when you see nearly unanimous agreement on some, that's quite a statement.
(Bloomberg) -- Micron Technology Inc., the largest US maker of memory chips, gave a better forecast for the current quarter than some analysts had feared, sparking hope that the worst of a brutal industry slump may be over. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureFBI Releases Files on Ivana TrumpNew Yorkers Are Moving to These Three Florida CitiesBanks in France Face More Than $1.1 Billion Fines After RaidsMcKinsey Starts Eliminating 1,400 Roles This Week in a
Amazon is reportedly looking into the potential purchase of AMC Entertainment and its chain of movie theaters as a means of boosting its physical marketing presence.
Ford's top executive believes its T3 EV will might be semi-autonomous, so owners will be able 'to sleep in your truck while traveling on the highway.'
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