By Dan Weil The S&P; 500 index bounced back 6.5% last week, but it still has sunk 13% so far this year. Stocks showed signs of life last week, with the S&P 500 rising 6.5%. Several strong earnings reports and buoyant news on consumer spending made inve…
Cathie Wood Watch: Ark Piles Into Nvidia, Buys an AI Biotech
By Dan Weil Ark Innovation has dropped 54% this year but has enjoyed inflow of $1.2 billion over the past six months. Renowned investor Cathie Wood, chief executive of Ark Investment Management, for a second day bought big into one of the world’s bigge…
Meet The Investors Rebuilding Ukraine
By Veronika Bondarenko Even with new damage is being inflicted every day, both local and foreign investors are putting money into Ukraine’s future. With the war in Ukraine now entering its fourth month and cities suffering through ongoing shelling from…
WWE, Imax Could Withstand Ad Slowdown: Wells Fargo
By Dan Weil Advertising could slow along with the economy. But WWE, Imax and other media names might come out ok, Wells said. Many economists and investors expect the economy to slow down as the Federal Reserve continues to raise interest rates. The wo…
Burger King’s Newest Sandwich Taps Into Yet Another Beloved Ingredient
By Veronika Bondarenko There have been a lot of new Whoppers coming out lately. If you’re looking for an experimental burger, look no further than Burger King. Amid several years of falling sales and declining status among consumers, the Restaurant Bra…
Elon Musk Breaks Silence in Johnny Depp-Amber Heard Trial
By Luc Olinga The billionaire and CEO of Tesla had a brief relationship with Heard after her split with Depp. Amber Heard versus Johnny Depp. For many weeks, the trial between the two movie stars has captivated the general public and aroused often viol…
This Is Why You Should Own Costco Stock
By Daniel Kline Forget inflation, the warehouse club keeps putting up stellar results. Inflation and supply chain issues have cast a dark shadow over retail stocks. Never mind that people still need to eat even when prices go up, Target TGT stock has d…
Popeyes President Tells How New Menu Items Happen
By Veronika Bondarenko Popeyes President Sami Siddiqui talked with TheStreet about how new items hit the menu, about plant-based trends, robots and international expansion. While fast-food chains like to talk about expansion plans and digital subscript…
Elon Musk Asks Jeff Bezos to Choose Between Partying and Space
By Luc Olinga The Tesla CEO is known for attacking his billionaire peers. Elon Musk has advice for Jeff Bezos. The two men are respectively the richest man in the world and the second richest man in the world. At one point they both gave the impression…
The Good Times Are Over for Startups
By Ellen Chang Sequoia Capital and Y Combinator have told startups that cutting costs is a priority. Venture capital firms such as Sequoia Capital and Y Combinator are sounding the alarm for startup companies that the days of raising capital easily are…