MARKET

Roaring Kitty cements Chewy’s meme-stock status, despite company’s improving fundamentals

Influential trader Keith Gill, also known as Roaring Kitty, has taken a 6.6% stake in Chewy — thrusting the online pet-products

MARKET

Eli Lilly’s Alzheimer’s drug wins FDA approval

An Eli Lilly & Co. Alzheimer’s drug won Food and Drug Administration approval Tuesday, capping the medication’s bumpy ride through

MARKET

FTC votes unanimously to block Tempur Sealy’s proposed $4 billion takeover of Mattress Firm

Deal documents show company wants to “kneecap competitors and dominate the market,” one Federal Trade Commission official says. Source link

MARKET

Tens of millions of people are watching videos of home buyers sitting in empty houses

It costs a lot more to buy a house today than it did just a few years ago. And that

MARKET

U.S. stocks could rise another 10% by the end of 2024 after a strong first half, history shows

The U.S. stock market just scored a gangbusters first half of the year. If history is a guide, Wall street

MARKET

Tesla’s stock jumps as deliveries beat expectations by a wide margin

Tesla’s stock reversed sharply higher toward a near six-month high Tuesday, after the electric-vehicle giant surprised investors by reporting second-quarter

MARKET

Advice from a ‘nervous and jumpy’ Wall Street bull as second half gets under way

RBC Capital’s Lori Calvasina joins other Wall Street banks in lifting her S&P 500 target, but says she’s plenty jittering

MARKET

How did older households react to inflation?

Preserving consumption in the short-term means less resources for the future Source link

MARKET

Why CrowdStrike’s stock just got downgraded after a monster rally

CrowdStrike’s enterprise-value-to-sales ratio is the highest among large software stocks that Piper Sandler tracks. Source link

MARKET

Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries

Oil futures rose Tuesday, trading at their highest since late April, with gains tied to expectations for heavy travel around