Latest News
Is Cash Still a Safe Bet? How Inflation Erodes Savings Yields
Inflation is outpacing most savings accounts, making cash a costly choice. High-yield options like online banks and I bonds offer better returns.
Data Storage Stocks Emerge as Unexpected AI Beneficiaries
Data storage stocks like Seagate, Sandisk, and Western Digital rally on AI data demand, with Sandisk reporting 251% revenue growth and a $42 billion supply deal.
Tech, Energy, and Autos in Focus as Markets Open Amid Inflation Jitters
U.S. stocks open at record highs Monday, but March inflation surged and factory input costs hit a four-year peak. Oil prices rose on Strait of Hormuz tensions, while Spirit Airlines ceased operations.
McDonald's Shares Dip Ahead of Earnings, New Drink Launch
McDonald's shares slipped 2.37% on Friday as investors await Q1 earnings and a new beverage launch. The company is rolling out six specialty drinks and adding beverage specialist roles at 14,000 U.S. locations.
Strategy Inc. Holds STRC Dividend at 11.5%, Shareholders Vote on Semi-Monthly Payouts
Strategy Inc. keeps STRC dividend at 11.5% and sets $0.958333333 per-share payout. Shareholders vote on switching to semi-monthly dividends, with results at June 8 meeting.
eBay Shares Surge on Q1 Beat and GameStop Acquisition Rumors
eBay shares rose 9% in extended trading following a Q1 earnings beat and reports that GameStop may make a bid for the online marketplace.
DocuSign Shares Gain 4% as AI Contract Platform Faces Key Earnings Test
DocuSign shares climbed 4.3% as the company gears up to report fiscal Q1 results, with the market watching for signs of traction from its AI-driven contract platform.
Vanguard Discloses 5.34% Passive Stake in Kraft Heinz Ahead of Q1 Earnings
Vanguard Capital Management disclosed a 5.34% passive stake in Kraft Heinz (KHC), owning 63.3 million shares, ahead of the company's first-quarter earnings report on May 6.