Money

Markets

T-Mobile stock has fared very well this year, rising by about 11% year-to-date, compared to the broader S&P which remains down by about 7% over the same period. T-Mobile’s peers Verizon and AT&T are also down by about 3% and 9%, respectively year-to-date. There are a couple of factors that are...

The shares of Alcoa continued an upward trajectory as commodity prices surged due to the Russia-Ukraine war and skyrocketing inflation. Alcoa is a global industry leader in bauxite, alumina, and aluminum products with operations across nine countries. As the WHO actively explores the criteria to...

Bed Bath & Beyond has seen its stock grow by almost 53% over the last month (about 21 trading days), compared to the S&P 500 which grew only 2% over the same period. The company’s stock rose after the news broke that Ryan Cohen took a nearly 10% stake in the home goods retailer and is agitating...

FuelCell Energy stock, a company that designs, manufactures, and operates fuel cell power plants, rallied by almost 12% over the last week (five trading days). The stock also remains up by close to 24% over the past month (about 21 trading days), compared to the S&P 500, which has returned about 2%.

Goldman Sachs’ stock has lost approximately 11% YTD as compared to the 5% drop in the S&P500 index over the same period. Further, at its current price of $339 per share, it is trading 19% below its fair value of $416 – Trefis’ estimate for Goldman Sachs’ valuation. The investment bank posted mixed..

NVIDIA Corporation stock is up almost 15% in the past month (21 trading days), outperforming the S&P 500 which was up a little more than 3% over this period. If you look at the change over the last five and ten days, too, the stock has risen 18% and 26%, outperforming the broader market on both...

Supermax Corp, controlled by Malaysian billionaire Stanley Thai, said its U.S. unit Maxter Healthcare will invest $350 million to build a manufacturing facility for medical gloves in Brazoria County in Texas.

Coincheck, a subsidiary of Japanese online brokerage firm Monex Group, is expected to list on the Nasdaq Global Select Market when the transaction is closed in the second half of 2022.

A consortium backed by Hotel Properties—controlled by billionaire Ong Beng Seng and wife Christina—and units of Singapore state-owned investment firm Temasek won the bidding for the real estate assets of media giant Singapore Press Holdings.

Intensified China competition, higher materials prices not subsiding either, Li Shufu's Geely says

Lanvin Group—controlled by Chinese billionaire Guo Guangchang’s Fosun International—has agreed to merge with blank-check company Primavera Capital Acquisition Corp. (PCAC), in a transaction valuing the combined entity at $1.9 billion.

GameStop shares skyrocketed more than 30% Tuesday, and surged another 15% after the billionaire's disclosure.

Ether prices have been trading within a very limited range today. Several market observers offer some perspective on where it might go next by providing technical analysis.

The Biden administration has shown nothing but ambivalence or outright hostility towards cannabis consumers, investors and supporters.

In a Monday filing, the House Speaker disclosed her financier husband, Paul Pelosi, cashed in on the options last week.

“The odds of a 50 bps rate hike are rising,” analysts say.

The Nasdaq on average gains 22% in the year after falling into a bear market.

While there is no one solution to promoting a diverse and healthy cannabis market, some states with legal cannabis have enacted various social equity policies with varying success.

International sales now account for about half of Xiaomi's business

In trading on Tuesday, shares of Alphabet crossed above their 200 day moving average of $2763.96, changing hands as high as $2825.48 per share.