The Tell: Bill Ackman says Treasury yields are going higher in a hurry, and that investors should shun U.S. government debt
Bill Ackman has had a good summer, with his bet on 30-year Treasury bonds paying off in dramatic fashion over the past few weeks.
: Hyundai and Kia recall 3.4 million cars over fire risk, and urge people to park them outside
Owners are advised to park outside to prevent houses or buildings from catching on fire.
Cannabis Watch: Cannabis company Curaleaf applying to move listing to Toronto Stock Exchange in a move to boost visibility
U.S.'s largest cannabis company by market cap plans to move its listing to the Toronto Stock Exchange while U.S. exchanges remain off limits
The Ratings Game: Amazon’s stock sports ‘compelling’ opportunity after pullback, says analyst
Evercore ISI sees Amazon as a dislocated high-quality stock.
The New York Post: Following uproar, Delta CEO says airline went ‘too far’ with SkyMiles crackdown
Delta Air Lines’ CEO admitted on Monday the airline “probably went too far” in clamping down on its SkyMiles reward program and access to its...
: BlackBerry’s bottom line meets Street view, but revenue doesn’t
BlackBerry Ltd. BB reported bottom-line results for the quarter that met Wall Street expectations, but revenue was a little light, and shares shifted between slight...
: Veralto stock to join S&P 500, Kohl’s to join S&P SmallCap 600
Danaher Corp. DHR spinoff Veralto Corp. VLTO.WI will be added to the S&P 500 before trading Monday, when it replaces DXC Technology Co. DXC, which...
Earnings Results: Nike stock rises as profit beats estimates and inventories fall
Nike on Thursday reported a first-quarter profit that beat expectations, although sales came up just shy of expectations.
The Ratings Game: Micron’s profitability might take another year despite AI chip frenzy — and the stock is suffering
Analysts are praising Micron's progress on its turnaround, but even with a boost from AI sales, it could take another year for the company to...