Wednesday, March 1, 2023

Meme stocks have revolutionized investor days

The next generation of traders has blown the doors off an elitist Wall Street ritual, with Goldman Sachs, Chevron and Tesla all holding glitzy and widely publicized "investor days" this week in place of an intimate conference with shareholders.
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Meme stocks have revolutionized investor days
The next generation of traders has blown the doors off an elitist Wall Street ritual, with Goldman Sachs, Chevron and Tesla all holding glitzy and widely publicized "investor days" this week in place of an intimate conference with shareholders. Read more »
 
Gas surcharges have ended. But not everyone is happy
Amazon, Uber and Lyft recently ended extra fuel surcharges as gas prices dropped late last year. But there's a catch. Read more »
 
Paul Ryan grilled for remaining on Fox board of directors amid election fraud revelations
Former House Speaker Paul Ryan was grilled Tuesday over his decision to remain on the board of directors of Fox News' parent company after damning court documents showed that the right-wing network knowingly peddled election lies to its audience. Read more »
 
Rivian shares plunge again on weak sales, outlook
Shares of upstart EV maker Rivian plunged more than 16% Wednesday after ithe company reported disappointing revenue and gave 2023 delivery guidance that fell short of Wall Street hopes. Read more »
 
Covid vaccine maker Novavax says it may not survive
Novavax, which makes the Nuvaxovid vaccine used to treat Covid-19, posted huge sales gains for the past three years during the height of the pandemic. But the company is now facing serious financial challenges — and has even warned it may not be able to survive. Read more »
 
Kohl's had a rough holiday
As consumers pulled back on their holiday spending amid biting inflation, it seems that Kohl's dropped off many shoppers' lists. Read more »
 
 
 
 
Dow Nasdaq S&P
+5.14   -76.06   -18.76
32,661.84   11,379.48   3,951.39
+0.02%   -0.66%   -0.47%
YTD -1.46%   YTD +8.72%   YTD +2.91%
 
Biggest Winners
Valero Energy Corp +5.74%
 
Freeport-McMoRan Inc +4.95%
 
Phillips 66 +4.56%
 
Marathon Petroleum Corp +4.52%
Biggest Losers
Lowe's Companies Inc -5.56%
 
Lumen Technologies Inc -5.00%
 
Alexandria Real Estate Equities Inc -4.59%
 
Advance Auto Parts Inc -4.24%
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Oil $77.73 +0.68 / +0.88%
Gold $1,844.00 +7.30 / +0.40%
10-yr 3.99% +0.08
Euro $1.07 +0.01 / +0.88%
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