GameStop was not worth owning anywhere above $45 a share, given the company’s fundamentals, as explained when we closed our Focus List: Long position in the stock in late January. Nevertheless, the stock GME, -0.07% went on to climb as high as $347, even higher intraday, before taking a roller coaster path back to around $185. Sources: […]
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© Reuters. FILE PHOTO: FILE PHOTO: Switzerland’s national flag flies below a logo of Swiss bank Credit Suisse in Zurich (Reuters) – Credit Suisse (SIX:) Group AG is still unloading its positions in media company Discovery (NASDAQ:) Inc after losses relating to Archegos Capital Management, CNBC reported on Tuesday, citing traders. Archegos, a New York […]
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Selecta Biosciences (SELB) Investor Presentation – Slideshow Source link
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The newest all-electric luxury vehicle from Mercedes-Benz has the potential to improve the perception of the entire brand and will be a “Tesla fighter,” according to Deutsche Bank. Analysts at the bank said on Monday that the launch of the full-size luxury EQS sedan “could be a game changer” for Mercedes-owner Daimler, as well as […]
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© Reuters. FILE PHOTO: Louis Vuitton logo outside a store in Paris By Silvia Aloisi and Sarah White PARIS (Reuters) – Sales at French luxury goods group LVMH bounced back far more quickly than expected in early 2021, carried by demand for Louis Vuitton handbags and Dior products as Chinese and U.S. shoppers made the […]
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Chairman Thiel Hints That Palantir Could Rein In Bitcoin Source link
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An individual retirement account is an advantageous way to build a nest egg for the future, and it doesn’t take a lot of money to get started. Retirement Tip of the Week: Add a little money from your savings or current cash flow to an IRA, and if you already have one, try to max […]
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© Reuters. FILE PHOTO: U.S. Customs and Border Protection photo of packets of fentanyl mostly in powder form and methamphetamine which U.S. Customs and Border Protection say they seized from a truck crossing into Arizona from Mexico By Sarah N. Lynch WASHINGTON (Reuters) – The U.S. Justice Department has signaled support for legislation to extend […]
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Tuesday’s CPI Numbers Will Be Interesting Source link
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The cost of gasoline is going up — and so are the prices of many other goods and services. The result: Inflation is on the rise again in the U.S. Chris Delmas/Agence France-Presse/Getty Images The numbers: Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the […]
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