By Martin Baccardax “We believe it’s in the best strategic interest of the company to make this move,” said CEO Jim Umpleby. Updated at 12:42 pm EST Caterpillar (CAT) – Get Caterpillar Inc. Report said Tuesday it will begin moving its corporate headqua…
Cannabis News Week: Major Weed Discounts; Germany Advances Policy
By Tony Owusu Retailers are relying on promotions, discounts and markdowns to boost sales. Stock markets aren’t the only thing contracting in the first half of 2022. The cannabis industry is coming out of the pandemic to the same rocky seas that the st…
FedEx Stock: Activists Are Buying. Should You Be, Too?
By Bret Kenwell FedEx stock is ripping higher as it issues new board seats and a dividend boost. Here’s how to trade it now. After the stock market’s brutal June 13 session and a mixed session so far on June 14, FedEx (FDX) – Get FedEx Corporation Repo…
Musk, Twitter Workers Set to Face Off at Town Hall Meeting
By Martin Baccardax Elon Musk will meet with Twitter staff for the first time Thursday as the billionaire looks to smooth his $44 billion takeover path. Updated at 11:17 am EST Twitter (TWTR) – Get Twitter Inc. Report shares moved higher Tuesday, but s…
Cathie Wood’s Flagship Fund Keeps Falling
By Dan Weil Ark Innovation ETF recently traded at $36.95, not far from its pandemic-low close of $34.69 on March 18, 2020. Asset manager Cathie Wood’s disruptive technology-stock picks are losing ground as inflation roars and bond yields soar. That’s p…
Fortunes of Crypto Billionaires Are Melting With Bitcoin Crash
By Luc Olinga Their fortunes soared with cryptocurrency price records in 2021. It is also shrinking with the price crash. They were the radiant face of the rise of cryptocurrencies in 2021. Some saw them as the symbol of the advent of alternative finan…
What Is the Supply Chain? Why Is It Important?
By TheStreet.com Staff What Is the Supply Chain and How Does It Work?We live in a global economy, powered by a complex network of resources, materials, manufacturing, and transportation, which work together to bring products and services to customers. …
What’s on Wells Fargo List of Overweight Lodging REITs
By Dan Weil Wells Fargo analysts recently met with 11 lodging REITs and came away with positive conclusions. Hotel and resort real estate investment trusts (REITs) have outperformed the overall REIT market this year amid booming travel. The Nareit Lodg…
Tesla Rival Declares Devastating News
By Rob Lenihan Electric Last Mile Solutions says it will file for bankruptcy, saying ‘there were too many obstacles for us to overcome.’ Electric Last Mile Solutions (ELMS) on Dec. 11 2020, announced it was going to list on the Nasdaq through a merger …
Bears Feast Ahead of FOMC: Unusual Option Activity Strikes Again
By Market Rebellion Here’s why you shouldn’t be scared of the next market downturn, IF you know how to read unusual option activity. Stocks are sinking today, led lower by the growth-heavy Nasdaq index, which has plunged The crypto space is getting bur…