Investing
Shares of Sleep Number Corp. tanked Wednesday, after the mattress maker and retailer swung to a surprise quarterly loss, predicted a loss for the full year and said it reached an agreement with a shareholder that had been pushing for change. It was a “challenging” quarter for Sleep Number and…
Microsoft Corp. shares MSFT, +0.74% rose 1.1% in trading Tuesday to close at a record $360.53, surpassing the previous high of $359.49 established July 18, 2023, according to Dow Jones Market Data. Microsoft shares are in the midst of their longest winning streak since Jan. 28, 2021, up eight trading…
Shares of Enovix Corp. ENVX, +14.75% rallied after hours on Tuesday after the lithium-ion battery maker forecast fourth-quarter sales that were far above expectations, helped by an acquisition and demand from the U.S. Army. The company — whose products are used by makers of smartphones and other electronic devices, along…
New York Mets owner Steve Cohen wants his baseball team to have new neighbors. On Tuesday, Cohen released plans to build an $8 billion entertainment complex on 50 acres surrounding Citi Field, home of the New York Mets. The plans call for a music venue, casino and hotels. The new…
Shares of Take-Two Interactive Software TTWO, +5.21% rallied 9% in premarket trade as Bloomberg News reported that the next Grand Theft Auto game may be announced as early as this week. The company subsequently confirmed the report, saying in a social-media post “that in early December, we will release the…
Most large cryptocurrencies were up during morning trading on Monday, with Ripple XRPUSD, +0.54% seeing the biggest move, rising 9.07% to 71 cents. Seven additional currencies posted gains Monday. Uniswap UNIUSD, +4.00% rose 6.49% to $5.04, and Dogecoin DOGEUSD, +1.44% increased 6.00% to 7 cents. Polygon MATICUSD, +6.63% climbed 3.82%…
The well-known personal-finance expert, Suze Orman, was recently interviewed by Chris Wallace, and she didn’t mince words. When Wallace sheepishly admitted that he leases a car, Orman retorted that no one should ever do that. “Leasing a car,” she said, “is the biggest waste of money out there.” Of course,…
Bitcoin and other cryptocurrencies slipped on Tuesday but remained near relatively elevated levels after a recent rally. While cryptos may have lost some speed, the technical market backdrop suggests more gains could be coming. The price of Bitcoin has fallen less 1% over the past 24 hours to below $34,700,…
Key News Asian equities were mixed overnight on light news. Hong Kong and Mainland China eased off morning gains in the afternoon. Real estate was a top sector in both Hong Kong and Mainland China after several financial regulators met with real estate developers in order to support the sector…
At least 15 guests who attended a Bored Ape NFT event have reported suffering pain and burning in their eyes, which some of them are blaming on the fest’s bright lighting. Yuga Labs, the blockchain company that hosted the “ApeFest” event in Hong Kong, confirmed that several guests have complained…