Author: NWS ADMIN
GameStop Corp. (GME) shares rose nearly 60% on Tuesday, adding to a meme-fueled rally that sent the video game retailer’s shares up 74% in the previous day’s trading.The rise in GameStop shares was accompanied by a surge in AMC (AMC) shares. The movie theater chain operator’s shares rose about 30% after soaring 120% early Tuesday.In a filing with the SEC, AMC disclosed that it issued about 72.5 million new shares last session, raising about $250 million for the company.Other stocks that were heavily shorted on Tuesday that rose included SunPower (SPWR), up 63%, Beyond Meat (BYND), up 25%, and The…
Shares of GameStop Corp. (GME) soared as much as 110% on Monday before paring gains after the company was halted multiple times by “Roaring Kitty,” a man seen as a pioneer of the meme-stock boom during the pandemic, as its shares soared. Posts It will be held online for the first time since 2021.The stock closed above $30 a share on Monday, up 75%, and has been trending higher, rising about 60% in the past two weeks.That year, “Roaring Kitty,” identified as Keith Gill, rose to prominence on the WallStreetBets subreddit and on YouTube for his bullish stance on GameStop…
Here’s what a year of Russian missile attacks on Ukraine has looked like: Ukraine’s air defense systems have intercepted most of the missiles, but in recent months, more and more have been getting through. April 2023 InterceptionRussian missiles May June July August September October November December January 2024 February March April Data from a New York Times analysis of Ukraine’s daily military reports points to a major shift: Ukraine is increasingly failing to stop Russian missiles, crippling its ability to defend key infrastructure and plunging cities into darkness.Russian airstrikes have hit key Ukrainian arms factories and railways used to supply…
An experienced self-proclaimed ghost hunter claims to have captured surreal images of a “female ghost” roaming the grounds of a historic English mansion.Ghost hunter Erica Gregory made the startling discovery during a night visit to Turton Tower in Bolton, Lancashire, where she was spending the night with other members of a paranormal activity group.Ghost hunter Erica Gregory made the startling discovery during a tour of Turton Tower in Bolton, Lancashire, while spending the night with other members of a paranormal activity group.The evening began indoors, but it wasn’t until the group ventured outside for some fresh air that they made…
Share buybacks have surged, a sign that U.S. companies are bullish on the U.S. economy.According to Deutsche Bank research, companies have announced more than $383 billion in share buybacks in the past 13 weeks, up 30% from the same period last year and the most since June 2018. That total includes Apple’s $110 billion share repurchase plan, which would be the largest buyback in history.Deutsche Bank’s equity strategy team points out that the “boom” in buybacks isn’t just limited to big companies like Apple (AAPL) and Alphabet (GOOG, GOOGL), which just announced $70 billion in share buyback plans: Of the…
New York Times Games is excited to announce a new feature that will delight Wordle lovers around the world: Wordle Archive. For the first time since the acquisition, we are expanding our popular daily word puzzles by giving Games and All Access subscribers exclusive access to over 1,000 past Wordle puzzles. We’re rolling out Wordle Archives to mobile and desktop starting today, and to the Games app in the coming weeks. The rollout to all Games and All Access subscribers will follow over the coming months. This feature is available to subscribers worldwide. Introducing the Wordle Archive, we want our…
A surgeon who claims to perform the world’s first head transplant operation next year has released a series of videos showing paralyzed animals being “cured” by his groundbreaking technique.The video shows mice, rats and dogs that can walk.A few weeks earlier, their spinal cords had been severed and the ends treated with chemicals that may help them heal again.The study was conducted by Korean researchers in collaboration with Italian neurosurgeon Dr. Sergio Canavero.He said the experiments proved that spinal cord reconstruction was possible, paving the way for head transplants into paralyzed people.Other scientists have rejected the claims, saying the numbers…
Apple shares (AAPL) rose 6% early Friday after the company reported better-than-expected profits, a less-than-feared sales decline and announced a new $110 billion share repurchase plan.The iPhone maker reported second-quarter earnings per share of $1.53 on revenue of $90.8 billion late Thursday. Wall Street had expected EPS of $1.50 on revenue of $90.3 billion, according to analyst estimates compiled by Bloomberg.Revenue from Apple’s Greater China region, which includes mainland China, Taiwan, Singapore and Hong Kong, fell 8% year over year to $16.37 billion, but was better than analysts’ expectations of $15.87 billion. Apple CFO Luca Maestri told Yahoo Finance’s Josh…
The message from executives at major tech companies is clear: prepare yourself: they’re going to pour more money into artificial intelligence. Amazon (AMZN), Alphabet (GOOG, GOOGL), Microsoft (MSFT) and Meta (META) all revealed aggressive new efforts to advance the technology during first-quarter earnings season. These announcements have sparked mixed reactions from investors.Wall Street is watching how tech giants execute their AI strategies and leverage their balance sheets, but even as the AI boom is fueled by billions of dollars in new investment, shareholders are watching to see where this massive increase in capital spending will lead.”Given that big tech companies…
I’ve always been critical of Starbucks (SBUX).I remember covering the company as a stock analyst and spending weeks studying the workflow of each department in the stores. It was an extreme move that didn’t get support from Starbucks’ management (especially former CEO Howard Schultz), but I was young and didn’t care what management thought, and I believed I had to do it to make the right call on the stock.I downgraded Starbucks to a sell rating in January 2014, citing how its increasingly complex operating system was hurting profit margins, sales potential and employee relations, and then wrote an opinion…