November 10, 2026
“Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter. Michael Francis will take the reins of Old Navy beginning Nov. 2. He succeeds Haio Barbeito,… Continue Reading…
October 22, 2026
“PayPal Holdings Inc. (NASDAQ:PYPL) shares tumbled sharply, falling over 12% in overnight trading following reports that a consortium led by Stripe and Advent International has abandoned its $53 billion takeover pursuit… Hayes publicly praised CEO Enrique Lores and the board for not accepting the “inadequate offer,”… Continue Reading…
September 14, 2026
“If any stock looks like a textbook candidate for a split right now, it is Sandisk (NASDAQ: SNDK). The ticker has been on a massive tear: Shares have surged more than 3,000% in roughly 12 months, going from around $50 at the time of… Continue Reading…
April 12, 2026
“Google launched an AI-design platform, pushing Figma shares down 12% in two days. Figma, which went public in July, reached an agreement last year to use more of Google’s AI services. Figma’s stock is down about 35% this year, as… Continue Reading…
February 17, 2026
“…The move likely has to do with the AI buildout migrating from the training stage to deploying more infrastructure for inference, which is essentially the use of AI models in everyday tasks. That appears to have reignited demand for traditional DRAM,… Continue Reading…
February 3, 2026
“New York City Mayor Zohran Mamdani said the Big Apple’s wealthiest residents must pay more in taxes to help close a looming budget deficit that tops $12 billion. Mamdani, a Democrat, downplayed fears from some of the city’s business elite… Continue Reading…
March 27, 2025
“…The meme stock jumped 11.7% Wednesday following the news. The announcement confirmed CNBC’s reporting in February of GameStop’s intention to add bitcoin and other cryptocurrencies to its balance sheet… https://www.cnbc.com/2025/03/25/gamestop-says-it-will-add-bitcoin-as-a-treasury-reserve-asset.html “GameStop shares drop 12%, reversing Wednesday’s rally, on planned debt issue to buy bitcoin The… Continue Reading…
August 1, 2024
“Twelve stocks in the S&P 500, including Walgreens Boots Alliance (WBA), Dexcom (DXCM) and Super Micro Computer (SMCI), have already crashed 40% or more from their 52-week highs, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge. A 40% decline is… Continue Reading…
July 25, 2024
“…The stock closed down 12% on Wednesday at $215.99. It’s now down 13% for the year, while the Nasdaq is up 16% over that stretch. Tesla on Tuesday said auto revenue declined 7% from a year earlier to $19.9 billion while margins… Continue Reading…
July 22, 2024
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