Browsing: Investors
Red Lobster shareholders allege its endless shrimp disaster was a plot to squeeze it for profits
Red Lobsters’ infamous $20 “Ultimate Endless Shrimp” promotion nearly sank the restaurant chain, now shareholders are alleging the promotion was…
A handful of billionaires own the Knicks. A few private equity firms own slices of the rest of the league.…
Bank of America told investors to “take profits” on June 5, and many of them did. Savita Subramanian’s strategy team…
Wall Street dumped nearly $1 trillion in tech stocks by midday—then bought peanut butter and paint
Today, the Nasdaq Composite looked like a V: down more than 4% by lunchtime, closing off just 1%. Nobody knows…
The S&P 500 dropped 1.7% after careening between an early gain of 1% and a loss of 2.3%, sinking further…
On Friday, the Nasdaq had its worst session in a year. By Monday it all seemed like a bad dream.…
Morningstar says SpaceX is overvalued by half and smart investors should wait out the hype
In just over a week, SpaceX is set to debut as one of the biggest IPOs in history with an…
SpaceX reveals its share price and record valuation: $135 a share, at a $1.77 trillion valuation
It’s official: SpaceX is on track to be the largest IPO in history, seeking to raise $75 billion once it…
Victoria’s Secret CEO rejected ‘woke-washing’ and endless sales cycles—and it’s paying off
One year ago, Victoria’s Secret was in free fall. Since spinning off from L Brands (now Bath & Body Works)…
If S&P Dow Jones rewrites its listing rules SpaceX and Anthropic will benefit—investors won’t
To get into the S&P 500, a company is supposed to make some money. The sum of its four quarters…












