Shares of AMC Entertainment Holdings (NYSE: AMC) look like they're about to break their winning streak as shares are down 6.1% at 1:22 p.m. ET. Of course, it looked that way yesterday, too, as the stock had stumbled out of the gate and trading in its shares were halted by the New York Stock Exchange after it triggered a circuit breaker. Once trading resumed, AMC's stock quickly reversed course and it ended the day $0.11 per share higher.
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.
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
Novartis stock surged Monday after the company's treatment reduced the risk of relapse in patients with early-stage breast cancer.
Tesla shares are on the move higher as Barclays sees bullish signs for the EV-maker’s first quarter performance. Ina note this morning, analyst Dan Levy projects Tesla delivering 425K vehicles globally in Q1, beating what Barclays sees as consensus estimates of 420K vehicles - and that beat could be a another catalyst for the stock. Levy also sees some upside to production as well, writing “we believe commentary on the pace of production likely implies some upside, which we assume will be ~430k units in the quarter.”
Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a
Read this before you trade in your gas guzzler.
Investors need to pay close attention to First Republic (FRC) stock based on the movements in the options market lately.
Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.
Carnival Corp (NYSE: CCL) shares are edging down 0.6% following its Q1 results. CCL reported first-quarter FY23 sales of $4.43 billion, beating the consensus of $4.33 billion. Revenue grew 95% from 2019 levels and jumped 173% from $1.6 billion in the prior year. Passenger Cruise Day (PCD) increased 180.5% Y/Y to 20.2 million. Occupancy for Q1 was 91%. Available lower berth days (ALBD) for Q1 were 22.1 million. Total customer deposits as of February 28, 2023, totaled $5.7 billion. Selling and adm
(Bloomberg) -- Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008Binance and Its CEO Sued by CFTC Over US Regulatory ViolationsStocks Pare Gains on Tech Weakness; Bonds Retreat: Markets WrapAmmar Al Khudairy, the chairman of Credit Suisse Group AG’s largest shareholder, has resigned just days after his comments helped trigger a slump in the stock and bonds that prompted the Swiss government to step in and
Analysts think the EV maker will meet or deliver more cars than what Wall Street expects for the first quarter.
One of the biggest worries associated with retirement planning is making sure you have enough money tucked away. While some people might aim to save $1 million or even $2 million for the future, your goal might be to save … Continue reading → The post How Long Will $600,000 Last in Retirement? appeared first on SmartAsset Blog.
Merck (MRK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Dow Jones Industrial Average rose 0.5% at noon on Monday. The blue-chip index held slender gains as it traded off its morning highs. The Nasdaq declined 0.6%. Aircraft bellwether Boeing and bank leaders Goldman Sachs and JPMorgan all rose.
Kaspersky Lab security researchers highlighted potential malware in PDD Holdings Inc (NASDAQ: PDD) Chinese shopping app Pinduoduo. Last week Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google suspended Pinduoduo after discovering malware in unsanctioned software versions. The Russian multinational cybersecurity and anti-virus provider explained how the app could boost its privileges to vandalize user privacy and data security, Bloomberg reports. It tested versions of the app distributed through
Real Money writer Doug Kass made mention this week a few times that he is building up a position in Charles Schwab Corporation . The stock has dropped some 30% since the implosion earlier this month in Silicon Valley Bank . Insiders have purchased over $6 million shares in aggregate since SVB's debacle.
(Bloomberg) -- MicroStrategy Inc., the biggest corporate owner of Bitcoin, paid off the remainder of its $205 million Bitcoin-backed loan from Silvergate Bank with proceeds from the sale of shares and purchased about $150 million more of the cryptocurrency. Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008Binance and Its CEO Sued by CFTC Over US Regulatory ViolationsStocks Pare Gains on Tech Weakness; Bo
An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.
(Reuters) -Cruise operator Carnival Corp on Monday reported a smaller-than-expected quarterly loss and beat estimates for revenue, helped by strong demand for leisure travel, higher ticket prices and strong on-board spending. Cruise operators like Carnival, Royal Caribbean Group and Norwegian Cruise Lines Holdings are reporting resilient demand from cooped-up consumers undeterred by elevated inflation as COVID-19 pandemic-related restrictions ease. "We are still experiencing a record wave season, which started early, gained strength and has extended later into the year," Carnival CEO Josh Weinstein said.
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