Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
General Mills' (GIS) brand power, effective pricing strategies and dedicated focus on its Accelerate strategy aid amid challenges like cost inflation and volatile consumer spending.
Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.
The Dow Jones rose Tuesday on the stock market today on hot inflation data. Fed Chair Jerome Powell is next. GME stock rocketed 112%.
The billionaire investor has made sage investment decisions to safeguard his portfolio from economic uncertainties.
Retail investor flows into GameStop and AMC are still a far cry from the 2021 meme stock craze.
Nvidia is due to report earnings on Wednesday after the closing bell, and the options market is pricing in an 10.2% move in either direction. Nvidia stock has stayed above the lower expected range following all six of the last six earnings announcements. Now that we know the expected range, let's find a bull put spread that has the short strike roughly 10.3% below the stock price.
Meme-stock maven Roaring Kitty surfaced on social media again to hype GameStop shares. But there are better targets beyond the S&P 500.
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
"People close to the situation that I've been speaking to of late indicate that the likelihood of a bid, at least for the full company, seems to be fading a bit," CNBC's David Faber said. Sony and Paramount did not immediately respond to Reuters requests for comment. Reuters reported last week that Paramount was in talks to open its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the company for $26 billion.
The chipmaker's new GB200 platform could transform its medium-term revenue growth, according to Wall Street analysts.