Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
The Dow’s road to 40,000 in one chart
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. The 30-stock benchmark broke above…
Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying
Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire…
GameStop, AMC tumble as meme stock rally fizzles after just two days
GameStop and AMC shares fell Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game…
AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze…
GameStop, AMC soar more than 70% each as ‘Roaring Kitty’ meme trader resurfaces
GameStop and AMC shares rallied dramatically on Monday after “Roaring Kitty,” the man who inspired the epic short squeeze of 2021, posted…
This inflation-focused ETF may be in a sweet spot
It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this…
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests…
