Cathie Wood, Elon Musk and Marc Andreessen criticized passive indexing on Twitter. Wood said it created ‘misallocation of capital.’ Three prominent business and finance executives — Elon Musk, Marc Andreessen and Cathie Wood — took Read more…
It looks like a real gut-buster. If there’s anything that Restaurant Brands International’s (QSR) – Get Restaurant Brands International Inc Report Burger King isn’t shy about, it’s taking chances some fast food chains deem far too Read more…
Along with testing a new steak meat, the company hinted at the possibility of adding sweet things to its menu. Changes are afoot and nowhere is that more evident that at Chipotle (CMG) – Get Read more…
Hackers posted a notice of a fake YouTube partnership announcement that included a link to a phishing site. OpenSea, the leading marketplace for nonfungible tokens, or NFTs, said Friday that it is “actively investigating” a Read more…
More premier beauty in-store is coming too. Big box retailer Target (TGT) – Get Target Corporation Report has had many wins under the leadership of Chief Executive Brian Cornell, who joined the company in July 2014 Read more…
‘Nvidia’s disclosure failures deprived investors of critical information to evaluate the company’s business in a key market,’ an SEC official said. While demand for semiconductors continues to far outpace supply, Nvidia, one of the most prominent Read more…
Summary United States: ‘Til the Medicine Takes The latest economic data suggest supply challenges worsened in April. Delivery times lengthened, and while employers continued to add jobs at a solid pace, the supply of labor Read more…
US Non-Farm Payrolls showed that economy added 428,000 jobs in April, matching March’s revised print and beating average estimates of 391,000. In addition, the report showed that the Unemployment rate was unchanged at 3.6% vs Read more…
Bitcoin prices are falling as the cryptocurrency and the tech-heavy Nasdaq displays a higher correlation than expected. Bitcoin continued to see red Friday as cryptocurrencies were dragged down by a stock market selloff that saw Read more…
Torrid growth in the U.S. inflation rate likely slowed in April. This would mark the first decline in almost a year and come on the heels of price growth that soared to 8.5% year-over-year in Read more…