Tupperware Pops with 800% Surge as Meme Trade Burns Shorts
Tupperware Brands Corp. has been warning for months that it may go bust, but that isn’t keeping retail investors away from powering an eye-popping rally…
Source: biztoc.com
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Meme-Darling Nikola Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s latest efforts to conserve cash and secure…
Source: biztoc.com
AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
Advanced Micro Devices Inc. gained in late trading after the chipmaker topped second-quarter estimates and touted inroads in artificial intelligence…
Source: biztoc.com
Tech Drags Stocks Down as Fitch Sours Sentiment: Markets Wrap
Stocks fell in Asia, dragged by technology shares, as Fitch Ratings’ downgrade of the US sovereign credit grade also weighed on risk sentiment. • None US…
Source: biztoc.com
Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision to downgrade the US given signs…
Source: biztoc.com