I recently laid out a bullish thesis for Gilead Sciences (GILD) , and that trade just expired on Friday with a 144% gain. The bullish debit vertical spread successfully captured the upside to a new 52-week high as sentiment improved around Gilead’s strengthening HIV franchise and expanding oncology portfolio. I’m looking to roll our profits into a new bullish…
Gold’s bull run this year has trounced even the artificial intelligence trade that drove stocks to all-time highs. The precious metal is now buckling a bit. Futures tied to the precious metal fell more than 1% on Wednesday, one day after plunging 5.7% — the worst daily performance since June 2013. The sudden declines put…
Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources. Paramount’s last offer was for just under $24 per share and comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per…
Check out the companies making headlines before the stock market’s opening bell. Beyond Meat — The plant-based meat alternative company surged 90%, continuing its meme-fueled craze . The stock soared more than 140% on Tuesday, its largest ever one-day gain, after Beyond Meat signed a deal with Walmart to expand distribution. Earlier in the week,…
Cfoto | Future Publishing | Getty Images Beyond Meat rallied for a third straight day Wednesday as meme traders jump on the stock. The food company known for its plant-based burgers and sausages surged 111% at one point in the premarket Wednesday. It last traded above $6.43 per share in extended trading, up 77%, after…
Visitors are caught in the reflection of a store offering 50% off on all items on the Third Street Promenade in Santa Monica on July 16, 2024. Genaro Molina | Los Angeles Times | Getty Images A steady stream of promotions across the fashion industry has left consumers suffering from “discount burnout” ahead of Black…
Marc Benioff, chief executive officer of Salesforce Inc., speaks during the 2025 Dreamforce conference in San Francisco, California, US, on Tuesday, Oct. 14, 2025. Michael Short | Bloomberg | Getty Images JPMorgan Chase and Goldman Sachs are harnessing it to employ fewer people. Ford CEO Jim Farley warned that it will “replace literally half of…
People shop for clothing at a Costco store in Monterey Park, California on November 22, 2022. Frederic J. Brown | Afp | Getty Images Prices are rising across the fashion industry – with jackets and outerwear seeing the steepest year-over-year increases, according to a new report from consulting firm AlixPartners published Wednesday. The firm analyzed…
There’s a ton of paperwork that goes into maintaining your small business — and failure to file something important can result in penalties. One such piece of documentation that businesses should file is called an annual report. While it’s pretty simple in nature, here’s a breakdown of what you need to know about it. Set…
Jim Cramer on Mad Money, June 14, 2022. Scott Mlyn | CNBC Despite all eyes on the Magnificent Seven, CNBC’s Jim Cramer said that strong earnings results from companies in the “real economy” were responsible for Tuesday’s rally. “We got some tremendous numbers from actual businesses,” Cramer said. “And I think we need to celebrate…
