Taylor Swift performs on stage during The Eras Tour on June 28, 2024 in Dublin, Ireland. Charles Mcquillan/tas24 | Getty Images Entertainment | Getty Images Taylor Swift’s European tour was top of mind for Nikita Rao when planning where to go for her family’s annual summer vacation. Rao, her husband and two kids, who live […]
Check out the companies making headlines in premarket trading. Tesla – The electric vehicle stock declined 1.5% before the bell, following a 6% jump during Monday’s session as the company is slated to report second-quarter delivery numbers Tuesday morning. Atlassian Corporation — Shares advanced nearly 2% following an upgrade to overweight from Piper Sandler. Analyst […]
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of being granted a U.K. banking license, as a jump in users saw the firm report record full-year pre-tax […]
Ken Griffin speaks to Citadel and Citadel Securities interns during a discussion moderated by Citadel software engineer, and former intern, Bharath Jaladi. Courtesy: Citadel Ken Griffin, founder and CEO of Citadel, said he remains skeptical that artificial intelligence could soon make human jobs obsolete as he sees flaws in machine learning models applied in certain […]
Check out the companies making headlines in midday trading. Chewy , GameStop — Chewy’s stock dropped about 6% after a regulatory filing showed meme stock trader Keith Gill, who is also known as Roaring Kitty, bought 9 million shares, amounting to a 6.6% stake in the pet food e-commerce company. His other top holding, GameStop, […]
Chewy shares started swinging wildly after online personality Roaring Kitty revealed a big stake , but Wall Street analysts believe being branded as a meme stock is not good for the pet retailer. The meme stock leader, whose legal name is Keith Gill, has taken a 6.6% stake in Chewy, making him the third-largest shareholder. […]
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. David Paul Morris/Bloomberg via Getty Images The U.S. stock market has become dominated by about a handful of companies in recent years. Some experts question whether that “concentrated” market […]
Check out the companies making headlines before the bell. Birkenstock — The shoe company jumped 3.5% after UBS upgraded shares to buy from neutral. The investment bank cited higher average sales prices and strong growth in the Asia market. Chewy , GameStop — Shares of Chewy soared more than 16% after regulatory filing showed meme […]
Keith Gill, aka Roaring Kitty, hosting a YouTube livestream on June 7th, 2024. Source: Roaring Kitty | YouTube Shares of Chewy popped in the premarket trading Monday after a Securities and Exchange Commission filing showed meme stock trader “Roaring Kitty” took a stake in the pet food e-commerce retailer. The filing showed Keith Gill bought […]
Morgan Stanley has resumed coverage of Hong Kong-listed Geely with an overweight rating on expectations the Chinese automaker can weather macro and industry uncertainties. Fierce competition in China’s new energy vehicle market, which includes battery- and hybrid-powered cars, has increasingly forced automakers to cut prices and add features if they are to survive. Many of […]
