Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more time to complete documents.”Updating transaction documents is currently taking longer than expected, and WeRide is working to complete the documentation necessary to move forward with the transaction,” the company said…

Check out the companies making headlines in premarket trading. Crocs — The footwear stock ticked up more than 1% after an upgrade to buy from hold at Williams Trading. The investment firm said Crocs’ move to sign actress Sydney Sweeney as a spokesperson for its Heydude brand could help reverse…

Introduction I get surprised that whenever I talk to someone about investing, very few know about Real Estate Investment Trusts or Business Development Companies. But maybe that’s just in my circle of friends, which so happens to be very small. If you’re an income investor, I think these two sectors…

The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed.That’s the conclusion of a recent paper, “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households.” The authors found that sports betting has exploded since the Supreme Court overturned a federal…

A growing share of gym users is looking to build muscle, leading major fitness companies to refocus their efforts beyond cardio workouts.In fact, building muscle was the No. 1 goal for 2024, ahead of weight loss and general movement, according to Life Time’s annual survey of 3,000 respondents.Now, both Peloton…

RLX Technology (NYSE:RLX) stock is still awarded a Hold investment rating. RLX’s second quarter revenue and earnings came in below expectations, but there are bright spots associated with China’s regulatory environment and the company’s R&D (Research & Development) capabilities. I looked at RLX Technology’s financial performance for the final quarter…

Newly appointed Starbucks CEO Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the coffee giant next month. Instead, Starbucks says Niccol can live in his home in Newport Beach, California and commute to Starbucks’ head office 1,000 miles away on a corporate jet,…

Shortly after the opening bell, we will be selling 100 shares of Morgan Stanley at roughly $100.85. Following the trade, Jim Cramer’s Charitable Trust will own 1,000 shares of MS, decreasing its weighting to 3.06% from 3.35%. We’re raising cash Tuesday because the S & P 500 and Nasdaq ‘s…

Thesis My analysis points out that Ituran Location and Control Ltd. (NASDAQ:ITRN) had solid Q2 2024 numbers, with a GAAP EPS of $0.66 and $84.9 million in revenue. Despite that, the stock isn’t hitting the marks people expected. Even though Ituran announced a $0.39 dividend, showing strong profits, investors might…

Shortly after the opening bell, we will be exiting our position in Estee Lauder , selling 330 shares at roughly $96.30 Following the trade, Jim Cramer’s Charitable Trust will no longer own a position in EL. We’re selling our remaining small position in Estee Lauder. Shares are slightly higher in…