This overlooked group of stocks might be your portfolio’s missing piece
Midcap stocks can stand up to the market’s megacap giants
Disney raises prices for streaming packages
Thomas Fuller | Lightrocket | Getty Images Disney on Tuesday unveiled price increases for its streaming subscription packages beginning Oct. 21. The stand-alone Disney+ ad-supported plan will see a $2 increase to $11.99 per month, while the premium no-ads plan will jump $3 to $18.99 per month or get a $30 annual hike to $189.99 […]
Is the diversified portfolio dead? The AI boom has turned an age-old investing rule on its head.
Investors are taking another look at the potential risks and benefits of running a more concentrated portfolio.
Eli Lilly plans $6.5 billion Texas manufacturing plant for obesity pill
A rendering of Eli Lilly’s manufacturing facility in Houston, Texas. Courtesy: Eli Lilly Eli Lilly on Tuesday said it will spend $6.5 billion to build a manufacturing facility in Houston, Texas, to boost production of the company’s pipeline of so-called small molecule drugs, including its closely watched experimental obesity pill. It is the second in […]
Nvidia’s OpenAI deal adds to a brewing concern. But will that actually hurt the stock?
An analyst notes some investors are increasingly worried that Nvidia is investing in companies that then purchase its chips. But he also notes the demand landscape looks strong for now.
Morgan Stanley plans to offer crypto trading though E-Trade next year
In this photo illustration, the logo for E-Trade, the online trading platform owned by Morgan Stanley, is shown on the company’s website on May 13, 2024 in Chicago, Illinois. Scott Olson | Getty Images Morgan Stanley is months away from offering crypto trading to retail customers through its E-Trade division as the Wall Street giant […]
Spirit Airlines to furlough 1,800 flight attendants to cost cuts
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its […]
Revolution Wind operator’s stock recovers after judge says work can continue
Shares of Orsted rallied on Tuesday to levels where it stood before the Trump administration halted an 80% completed project when a federal judge gave it an injunction allowing work on the Revolution Wind project to continue.
NikeSKIMS activewear line to launch this week
Nike’s activewear line with Skims. Courtesy: Nike SKIMS Nike‘s highly anticipated activewear line with Kim Kardashian’s intimates brand Skims is set to launch this week after it was pushed back due to production delays, the companies announced Monday. The partnership, dubbed NikeSKIMS, is a key part of the sneaker company’s strategy to win over more […]
Oracle’s stock leaps on TikTok deal, but a major concern persists
Trump administration officials on Monday talked up the TikTok deal that they’ve helped arrange and provided more details about the deal’s terms, but they continue to face some skepticism.
