By Michael Tedder Netflix’s signature hit returns after three years. In a rare bit of good news for Netflix, “Stranger Things” is finally back. As you’ve probably heard, Netflix (NFLX) – Get Netflix, Inc. Report hasn’t been having the best year. The so…
Fed Minutes Show Desire For More Near-Term Rate Hikes, ‘Restrictive’ Policy Stance
By Martin Baccardax “A restrictive stance of policy may well become appropriate depending on the evolving economic outlook and the risks to the outlook,” Minutes of the Fed’s May 4 meeting indicated. Updated at 2:17 pm EST The Federal Reserve is set to…
Elon Musk Revives Feud with Bill Gates
By Luc Olinga The two billionaires have been at loggerheads for a few weeks because Bill Gates shorted Tesla, Musk’s baby. Elon Musk vs. Bill Gates, Episode 3. The chief executive of electric vehicle maker Tesla (TSLA) – Get Tesla Inc Report seems to l…
General Motors Receives an Unexpected Big Slap
By Rob Lenihan GM says it found ‘malicious login activity’ on an unspecified number of online user accounts. Credential stuffing is a low level cyberattack that can cause some major headaches. In this type of attack, hackers obtain stolen credentials a…
Wendy’s Stock: Buy, Sell or Hold on Reports of Take-Private Bid?
By Bret Kenwell Wendy’s stock is rallying through resistance on hopes of a take-private bid from its largest investor. Here’s how to trade it from here. Shares of Wendy’s (WEN) – Get Wendy’s Company Report have been hit, falling more than 25% after clo…
Amazon’s New Brick-And-Mortar Store Concept Is Now Open for Business
By Veronika Bondarenko Amazon Style has come to the Glendale suburb of Los Angeles. After experimenting with and ultimately being forced to close the 4-Star concept, Amazon (AMZN) – Get Amazon.com, Inc. Report is trying to give the brick-and-mortar thi…
Las Vegas Strip NBA Dreams Move Closer to Reality
By Tony Owusu The NBA could be looking to expand westward once its current television deal expires following the 2024-2025 season. Not that it needs to be said but… owning a sports franchise is a lucrative investment. Valuations for the four big spor…
Netflix Opens Rifts Across the Globe for ‘Stranger Things 4’
By Colette Bennett ‘Stranger Things’ season 4 is nearly here. Netflix’s (NFLX) – Get Netflix, Inc. Report teen-fueled sci-fi adventure “Stranger Things” returns Friday, May 27, for its final season, and a legion of fans will settle down this weekend to…
New Shakes Are Coming to Shake Shack (And You’re Gonna Like Them)
By Veronika Bondarenko Shake Shack’s summer shake offering is all about the chocolate. Every six months or so, Shake Shack (SHAK) – Get Shake Shack, Inc. Class A Report shakes up its milkshakes and replaces two limited-edition versions on its menu with…
Americans Are Down $5 Trillion in 2022
By Brian O’Connell With U.S. wealth down by $5 trillion, what can investors do to stem the tide? Is the world’s most prosperous nation growing less prosperous? You bet — and by trillions of dollars. According to a new research note from JP Morgan Chas…