Time to buy cheap Wayfair stock as Fed starts cutting rates?
Wayfair (W) stock price has remained under pressure in the past few years as concerns about weak consumer spending remain. It was trading at $52.67 on Friday, down by over…
Germany to retain Commerzbank shares as bank strives for independence
Germany has made it clear that it will hold onto its remaining shares in Commerzbank for the foreseeable future, affirming that the bank’s strategy remains focused on maintaining its independence.…
Rivian (RIVN) stock: EV maker’s shares slip despite Fed’s rate cut
Rivian Automotive Inc. (NASDAQ: RIVN) saw its shares drop by 7.5% to $12.17 during Friday’s trading session, reflecting a broader market pullback after a recent rally. The decline comes on…
Lufthansa weighs flight cuts as state-backed Chinese airlines disrupt European aviation
Lufthansa is considering canceling its daily Frankfurt-to-Beijing flights due to rising operational costs and increasing competition from Chinese airlines. This route, a staple for the German carrier, is becoming financially…
Qualcomm approached Intel for a takeover, WSJ reports
In a surprising move that could reshape the semiconductor industry, Qualcomm has reportedly approached Intel about a potential takeover, according to a recent Wall Street Journal report. The news follows…
Why are Dollar Tree and Dollar General stocks falling apart?
Discount retailers like Dollar Tree (DLTR) and Dollar General (DG) are some of the worst performers in the S&P 500 index this year. DLTR has slumped by 50% in 2024,…
RBC downgrades Rapid7 amid rising competition: will RPD stock slide?
On Friday, September 20, RBC Capital Markets downgraded Rapid7 (NASDAQ: RPD) from “Outperform” to “Sector Perform” and lowered its price target from $50 to $40. This move reflects rising concerns…
Is it safe to buy the Mastercard stock at an all-time high?
Mastercard (NYSE: MA) stock price has done well since going public in 2006 when it raised $2.4 billion. It has jumped by almost 12,000%, transforming it into one of the…
Why did Olive Garden finally partner with Uber?
Olive Garden, owned by Darden Restaurants (NYSE: DRI), has long resisted the trend of partnering with third-party delivery services like Uber. However, the restaurant chain has now taken a surprising…
Snapchat’s augmented reality ambitions: a costly bet that continues to hurt shareholders
Snap Inc. recently launched its fifth generation of augmented reality (AR) spectacles, just days before rival Meta Platforms’ Connect event, where Meta will showcase its latest hardware. Along with the…