Category: United States

AMC Entertainment Holdings Inc. reported better-than-expected revenue and a narrower-than-expected loss in its fourth-quarter results Wednesday, boosted by the performance of Taylor Swift and Beyoncé’s concert films. The movie-theater chain and original meme stock reported a net loss of $ 182 million, or 83 cents a share, compared with a loss of $ 287.7 million, […]

A million dollars doesn’t go very far in the most expensive real-estate markets in the world. According to the 2024 Knight Frank Wealth Report, $ 1 million would only buy 16 square meters of prime property in Monaco, the tiny but extremely wealthy country perched on the Mediterranean coast. For context, a typical studio or […]

Viking Therapeutics Inc.’s stock rose another 8% Wednesday to extend its week-to-date gains to 145%, as analysts weighed in on its positive weight-loss drug news with some bullish commentary and said the company has become an attractive takeover target. The news from Tuesday that a Phase 2 trial called Venture had produced positive data for […]

For all the talk about the Magnificent Seven and the ultra-reliance of just a handful of companies to drive stock-market returns, it turns out the U.S. is in fact one of the least concentrated markets in the world. That’s according to the latest findings of the global investment returns yearbook, by Paul Marsh and Mike […]

Electric SUVs are becoming increasingly popular — and plentiful — but they are also expensive, and not everyone has access to a good home charger or public charging network. Thankfully, conventional internal combustion SUVs, hybrid SUVs, and plug-in hybrid SUVs are available with impressive fuel economy – and the PHEVs even offer limited all-electric driving. […]

Dear Quentin, Over the past six months, I was crypto scammed. I just retired and lost $ 243,000 that I don’t think I will ever see again. I have reported the company to the FBI, Federal Trade Commission, and a few others. Some of the money was from a SEP IRA. Is there something I […]

Surge pricing could be coming for your Wendy’s chili order. The fast-food chain with a red-headed mascot is leaving some people red-faced after the news that it plans to test “dynamic pricing” starting as early as next year. Skim through social media and it’s easy to find comments bashing the “Biggie Bag” provider, talking about […]

Clothing retailer Urban Outfitters Inc. said Tuesday it is reviewing “all areas” of its struggling namesake stores, after yet another quarter of falling same-store sales and what executives described as waning exuberance among shoppers. Those remarks came during Urban Outfitters’ URBN, +2.72% earnings conference call, after the company — which also runs women’s clothing chains […]

The S&P 500’s torrid and top-heavy advance over the past year has convinced some bearish investors that U.S. stocks are in a bubble. But history says otherwise. Since 1974, the S&P 500 has risen 100% of more during the three years that preceded every bubble peak, according to an analysis from a team of analysts […]

Advanced Micro Devices Inc. Chief Executive Lisa Su recently unloaded more than $ 20 million in stock in a move that struck one expert as a deviation from her past behavior but that the company said was nothing unusual. Su sold 125,000 AMD shares AMD, +0.89% last Wednesday at prices between $ 162.06 and $ […]

Viking Therapeutics Inc.’s stock soared 90% Tuesday to a record high, after the company announced positive results from a Phase 2 trial of its weight-loss drug VK2735, a GLP-1 receptor agonist that it’s developing in both injectable and oral form as a treatment for obesity and diabetes. The stock VKTX, +93.57% was on track for […]

The J.M. Smucker Co. SJM, -0.53% said Tuesday it had net income of $ 120.4 million, or $ 1.14 a share, for its fiscal third quarter through Jan. 31, down from $ 208.5 million, or $ 1.96 a share, in the year-earlier period. The parent of brands including Folgers coffee, Dunkin’, Hostess and Milk-Bone pet […]

This article is reprinted by permission from NextAvenue.org. British writer and theologian C.S. Lewis once said, “Mental pain is less dramatic than physical pain, but it is more common and hard to bear.” With all the attention to mental health and well-being, communities are trying to find ways to tackle this issue, which worsened after COVID-19. […]

The fourth quarter ended on an upswing for retirement savers. Retirement-account balances hit their highest levels in two years amid improved market conditions and consistent savings rates, according to Fidelity Investments. The average 401(k) account balance was $ 118,600 in the fourth quarter, up 14% from a year ago, Fidelity said. The average IRA balance […]

Bitcoin on Monday rallied to its highest level since November 2021, as exchange-traded funds investing directly in the cryptocurrency attract more capital into the space, while investors await the upcoming “halving” event, which has historically been bullish for bitcoin prices.  Bitcoin BTCUSD, +2.66% rose 9.5% over the past 24 hours to nearly $ 57,000 at […]

CarGurus Inc. shares fell 10% in the extended session Monday after investors looked past a better-than-expected quarter for the online car-selling platform to zero in on weaker current-quarter guidance. CarGurus CARG, +0.21% lost $ 23.7 million, or 21 cents a share, in the fourth quarter, contrasting with gains of $ 159 million, or 20 cents […]

Unity Software Inc. shares were tumbling in late trading Monday after the app-monetization company whiffed with its latest results and forecasts. The company forecast $ 415 million to $ 420 million in fiscal first-quarter revenue for what it calls its “strategic portfolio,” deeming that its non-strategic portfolio will not be a meaningful contributor to revenue […]

Technology stocks are riding high following Nvidia Corp.’s latest blockbuster earnings report, which helped push the Nasdaq-100 and the S&P 500 technology sector to fresh record highs last week. But after looking past the index-level performance, there are signs that the momentum that has propelled the sector higher over the past year is starting to […]

JPMorgan Chase & Co.’s global investment banking chief Viswas Raghavan is departing for Citigroup about a month after Chief Executive Jamie Dimon set the stage for a potential successor at the U.S.’s largest bank with a round of internal promotions. Raghavan most recently worked as head of global investment banking at JPMorgan JPM, -0.25%, and […]

Leisure stocks are likely to outperform this year as emboldened consumers kick back and relax. Here’s more on three economic trends supporting this trend and 11 stocks to consider, according to five money managers I check in with on this theme.  Three trends will give consumers more confidence to spend on leisure this year: 1. […]