Amazon touts record sales over holiday shopping weekend
Amazon on Wednesday touted record-breaking sales over the five-day shopping period that began Thanksgiving Day and ended on Cyber Monday.
The most heavily shorted stocks include this little-known beauty company
Short interest surged in this skin care firm in the first half of the month.
Crypto collapse leaves media companies with budget holes as advertising dries up
The collapse of FTX and the ongoing crypto winter means a lot less ad spending will be coming from what was seen as an emerging industry.
Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October
Elon Musk has criticized Apple for years. Apple has mostly ignored him
The Tesla CEO’s furious tweets have highlighted just how much power the mobile juggernaut still has over the world’s richest person.
This little-known contact lenses stock can surge 20% from here, Baird says
There’s big upside in shares of Cooper Companies, a company known for manufacturing contact lenses, according to Baird.
Mortgage rates fall for the third straight week, but demand still drops further
Mortgage rates continue to ease, but demand is not following, as there are few who can benefit from a refinance, and homebuyers are still facing high prices.
Alzheimer’s drug trial shown to slow cognitive decline in long fight against dementia
A trial of an experimental Alzheimer’s drug has been hailed as a “new era” in the beleaguered fight to find a cure for dementia.
Airbnb launches platform allowing renters to host apartments, partnering with major landlords
The company said a new page on its site will list so-called Airbnb-friendly buildings, which will let tenants host their apartments just as homeowners can.
Blackstone is a top pick in financials ahead of a potential Fed pivot, Morgan Stanley says
The firm said the stock is at an “attractive entry point” after falling roughly 32% this year.