Trump commutes sentence of Ozy Media founder Carlos Watson
President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving...
Category: Investing
FCC is investigating Disney and ABC for DEI initiatives
The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into...
Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On...
Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra
Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy...
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products...
Chinese tea chain Chagee files for U.S. initial public offering
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the...
23andMe files for bankruptcy as co-founder Anne Wojcicki resigns as CEO
Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal...
Bitcoin is just another tech stock, not a market hedge, study shows
Bitcoin is more closely correlated to the Nasdaq than it is to gold most of the time, and investors...
Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks
Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether...
Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.
Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of...