A shopper holding an umbrella walks toward a Kroger grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. Stacy Scott | Bloomberg | Getty Images Check out which companies are making the headlines at midday Thursday. Kroger – Shares of Kroger rose 12.5% after the grocery chain published a better-than-expected quarterly report. The … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, October 20, 2021. Brendan McDermid | Reuters Hedge funds are turning away from their growth-favorite darlings and turning into value stocks, according to an analysis by Goldman Sachs. Wall Street said the hedge fund industry particularly likes the … Read more
John Collison, president and co-founder of Stripe, attends the Viva Tech 2018 conference in Paris. Christophe Morin | IP3 | Getty Images Stripe is not ruling out accepting cryptocurrency as a payment method in the future, according to co-founder John Collison. The online payments company ended its support for bitcoin payments in 2018, citing the … Read more
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images It’s been a big week for insider buying in corporate America, with many CEOs and board members buying millions of dollars in stock in their own companies. .
Dan Loeb at the 2014 World Economic Forum in Davos, Switzerland. Justin Solomon | CNBC Dan Loeb’s third point had a stellar quarter as the hedge fund rose in double digits while the broader market was flat. The star manager made a slew of new stock picks during the period, according to a new regulatory … Read more
Traffic is diverted on Foothill Road as workers set up K-rail bollards along burning areas during a winter rainstorm in Ventura, California, Jan. 9, 2018. Monica Almeida | Reuters According to Wall Street analysts, there is a group of companies that have just reported earnings that are not being loved enough by investors. .
Rivian electric trucks are seen parked near the Nasdaq MarketSite building in Times Square on November 10, 2021 in New York City. Michael M. Santiago | Getty Images Rajiv Patel, an environmental consultant in Austin, Texas, placed a $1,000 deposit on an electric Rivian earlier this year. He has no idea when he will get … Read more
People wear protective masks in front of the headquarters of Uber Technologies Inc. In San Francisco, California, United States, on Wednesday, June 9, 2021. David Paul Morris | Bloomberg | Getty Images The Department of Justice filed a lawsuit against Uber Wednesday, alleging that the company charged waiting time fees to customers with physical disabilities. … Read more