GameStop has once again captured the attention of WallStreetBets on Reddit as mentions of the video game retailer surged to over 900 in the last seven days. This surge in activity has propelled GameStop to become the second-most referenced equity on the forum, just behind the SPDR S&P 500 ETF Trust. The recent boost in
Novavax, a struggling vaccine maker, saw its shares surge by as much as 50% following the announcement of a new multibillion-dollar deal with French drugmaker Sanofi. The deal not only caused a significant increase in Novavax’s stock price but also led to the removal of the company’s “going concern” warning, which had been issued earlier
When it comes to selling a property, many Americans may find themselves facing capital gains taxes due to the increasing value of their homes. While most individuals are not required to pay taxes on the profits made from selling their primary residence thanks to the Section 121 exclusion, which allows for up to $250,000 for
As new college graduates step out into the job market this year, they are faced with a challenging landscape. Reports from the National Association of Colleges and Employers indicate that there will be a 5.8% decrease in hiring compared to the previous year. This decline is primarily seen in industries such as chemical manufacturing, finance,
GameStop shares saw a remarkable surge of over 80% in a single day, fueled by the resurgence of “Roaring Kitty,” a key figure in the epic short squeeze of 2021. Formerly known as Keith Gill, this individual, also recognized as DeepF——Value on Reddit, captivated a legion of day traders who rallied together in a fervor
SoftBank has announced a significant gain on its Vision Fund in the fiscal year ended March, marking a turning point for the flagship tech investment arm. This is the first time the Vision Fund has been in the black since 2021, with a profit of 128.2 billion yen after a substantial loss the year before.
When looking for long-term investment opportunities, investors often turn to the recommendations of Wall Street experts. One such recommendation is Domino’s Pizza (DPZ). Despite macroeconomic uncertainty, the company recently reported a strong performance in the first quarter. Deutsche Bank analyst Lauren Silberman reiterated a buy rating on DPZ stock and increased the price target to
The latest reports indicate a decrease in the number of homeowners taking on remodeling projects in recent times. However, this decline should not be misconstrued as a symptom of a sluggish market. According to the Leading Indicator of Remodeling Activity (LIRA), a metric that forecasts spending on home improvements and repairs for owner-occupied homes, the
Living in a world where prices seem to be constantly on the rise can put a significant strain on individuals and families. According to a survey by CNBC/SurveyMonkey, 65% of U.S. adults attribute their financial stress to inflation. This economic pressure has led to a situation where a large percentage of people are living paycheck
In an attempt to level the playing field and provide better opportunities for higher education, Connecticut has implemented various initiatives to increase access to college and reduce the burden of student debt. While the state has a long-standing wealth gap issue, it is striving to make college more affordable and accessible to all its residents.
