These stocks are overbought with S&P 500 near record highs and are vulnerable to pullback

These stocks are overbought with S&P 500 near record highs and are vulnerable to pullback

Stocks such as eBay and Intel are among Wall Street’s most overbought names this week and could see a pullback ahead, according to one popular technical metric. Each of the three major U.S. indexes hit all-time highs this week. The records followed improved investor sentiment after fresh consumer inflation data supported hopes for an interest…

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Couple took out M loan to save America’s oldest drive-in theater—now it brings in 0K a year

Couple took out $1M loan to save America’s oldest drive-in theater—now it brings in $500K a year

When Matt McClanahan and Lauren McChesney found out that their local drive-in theater was in danger of being sold to developers, they knew they had to preserve the beloved neighborhood hub — and a crucial piece of film history. Opened by Wilson Shankweiler on April 15, 1934, Shankweiler’s Drive-In Theatre in Orefield, PA is the…

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Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Company: Avantor (AVTR) Business: Avantor is a life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. The company’s segments include laboratory solutions and bioscience production. Within its segments, it sells materials and consumables, equipment and instrumentation and services and specialty procurement to customers in…

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Blue-collar jobs are gaining popularity as AI threatens office work

Blue-collar jobs are gaining popularity as AI threatens office work

Geoffrey Hinton’s message on a recent podcast about artificial intelligence was simple: “Train to be a plumber.” Hinton, a Nobel Prize-winning computer scientist often called “the Godfather of AI,” said in June what people have now been saying for years: Jobs that include manual labor and expertise are the least vulnerable to modern technology than some other…

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