Apparel renting service Rent the Runway saw a significant surge in its share price after it reported an optimistic outlook for the upcoming year, bolstered by a narrower loss from the previous year. The stock (ticker: RENT) was up more than 135% as of midday on Thursday and more than 200% this week. In an earnings report, Rent the Runway’s chief financial officer Sid Thacker expressed confidence in the company’s future. “We believe fiscal year 2024 will be transformative for Rent the...
The publicly traded stock representing Donald Trump's "media group" took another dive after Trump and the founders disclosed their intent to take the money and run. The company's DJT, -16.88% S-1 filing with the Securities and Exchange Commission includes the potential sale of up to 114,750,000 shares held by former President Donald J. — Read the rest
Raging Speedhorn will headline two sold-out gigs in Kettering next week as part of Russ Stock. The shows have been organised by the Corby metallers to help raise money for Russ Russell who works at The Parlour Studios in Kettering and was diagnosed with oesophageal cancer last year. Raging Speedhorn drummer Gordon Morison, who has been friends with Russell for more than 25 years, said: “We’ve been working with Russ for about 10 years now, we haven’t recorded with anyone else since we got back...
Wendy's could become the best stock to create passive income for uncertain investors this cycle. Double-digit upside at an industry discount made Goldman sniff
Equities retreated after inflation data called the Fed's rate-cut plans into question.
Volatility returned as market participants adjusted their expectations for rate cuts.
Stocks soared into the weekend as investors brushed off strong payrolls data and lowered rate-cut expectations.
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.
Lawsuits allege that RealPage, a company many large landlords use to price their apartments, uses confidential data in an anti-competitive way.
Strength in several mega-cap tech and communication services stocks kept the main indexes higher Thursday.
US stocks searched for direction on Tuesday as the Dow looked to snap a
Investors were bracing for a wholesale inflation print, after a surprise uptick in CPI shook markets and undermined bets on interest-rate cuts.