By Ellen Chang Five billionaires lost $300 billion of their net worth during the market downturn. Five billionaires lost a total of $300 billion recently as their fortunes plummeted during the recent market downturn, according to the Bloomberg Billiona…
Disney Fans Angry, Excited About New Guardians of the Galaxy Ride
By Daniel Kline The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews. In the old days, back before Walt Disney (DIS) – Get Walt Disney Company Report opened “Rise …
Yum! Brands Stock: Delicious Chart or Rotten Price Action?
By Bret Kenwell Yum! Brands stock is working on its seventh straight daily gain. Here’s how to trade it from here. Yum! Brands (YUM) – Get Yum! Brands, Inc. Report has been on fire lately. While the stock is up just 1% on Friday, a gain today would cem…
What Is Interest Rate Risk? Why Is It Important?
By TheStreet Staff What Is Interest Rate Risk? What Is an Example of Interest Rate Risk?Duringbear markets, investors flock to fixed-income investments, like bonds and Treasury securities, because they offer relative stability in times of market volati…
New Burger King Whopper Uses Favorite Ingredient of Millennials
By Veronika Bondarenko The latest version of the signature Whopper taps into a major food trend. There have been a lot of new Whoppers in the works at Burger King lately. After a few quiet years of brand stagnation and declining revenue, the Restaurant…
Cathie Wood Watch: Buys Nvidia, Organ-Transplant-Services Provider
By Dan Weil Wood’s flagship Ark Innovation ETF has fallen 52% this year as technology companies have tumbled. Renowned investor Cathie Wood, chief executive of Ark Investment Management, on May 26 bought into one of the world’s biggest and most promine…
Twitter Loves Applebee’s Summer Movie Deal
By Michael Tedder A viral Tweet highlights the chain’s summer promotion. The casual dining chain restaurant and the movie theater chain have both seen better days. Both entities have rebounded, to an extent, since the pandemic’s worst days. Fast casual…
Costco Is One of the Best — but Its Chart Presents Concern
By Bret Kenwell Costco stock is inching higher after the earnings report, but it remains below a key level on the chart. It’s been a great short stretch in the market, with the S&P 500 up almost 5% in the past three sessions and looking to snap a seven…
You Won’t Believe What People Are Doing to Sell Their Houses
By Veronika Bondarenko Higher interest rates are finally forcing some home sellers to do something nearly unthinkable. There are signs that the Federal Reserve’s interest hike campaign is beginning to force the U.S. housing market to cool off, a little…
Fed Inflation Gauge Slows Further In April, Adding to ‘Peak’ Consumer Prices Bets
By Martin Baccardax The Federal Reserve’s preferred measure of U.S. inflation eased further from multi-decade highs last month, data indicated Friday, adding to investors hopes that consumer price pressures have peaked in the world’s biggest economy. T…