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It’s Not Just Bed Bath & Beyond: GameStop and Koss Lead a Meme Stock Parade

Text size Shares of Bed Bath & Beyond are up 316% over the last month. Michael M. Santiago/Getty Images As shares of Bed Bath & Beyond continued to surge Tuesday, it was joined by some of the usual meme stock suspects that also saw increased activity. Bed Bath & Beyond (ticker: BBBY) stock sailed to …

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Stocks Are Mixed. The Mood Lifts After 2 Big Retail Beats.

Text size U.S. housing starts in July fell more than expected and to the lowest level since early in 2021. (Spencer Platt/Getty Images) Stocks were mixed in afternoon trading Tuesday after earnings from Walmart and Home Depot topped Wall Street forecasts. The Dow Jones Industrial Average gained 256 points, or 0.8% and was on pace …

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Walmart Projects a Smaller Loss This Year as Sales Rise

Text size Walmart posted second-quarter adjusted earnings of $1.77 a share. Justin Sullivan/Getty Images Walmart ’s sales rose and earnings surpassed estimates in the second quarter, sending shares of the retail giant higher. On Tuesday, Walmart (ticker: WMT) posted adjusted earnings of $1.77 a share, beating analysts’ estimates of $1.63, according to FactSet. Sales of …

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U.S. stock rally takes a breather as China raises worries over global growth

Soft data out of China put a damper on U.S. stocks Monday, with investors pausing for breath after last week extending a bounce off mid-June lows. How stocks are trading The Dow Jones Industrial Average DJIA, +0.35% fell 71 points, or 0.2%, to 33,690. The S&P 500 SPX, +0.21% was off 17 points, or 0.4%, …

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Ready to cash out some gains on this stock market run? An exit path is about to emerge, says this strategist

Welcome to moody Monday, with stock futures down and oil prices getting hit hard after a batch of downbeat data from China, alongside a surprise rate cut. Some say that the global growth engine’s economic issues belong in a different box from the rest of the world, owing to Cihna’s self-imposed slowdown via COVID restrictions. …

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The SoftBank Experiment Has Failed. Here’s What Comes Next.

Softbank CEO Masayoshi Son on $24 billion of new losses: “I am quite embarrassed and remorseful.” Str/Jiji Press/AFP/Getty Images Text size The stock market can be a humbling place—just ask Masayoshi Son. The founder and CEO of SoftBank Group (ticker: SFTBY), “Masa” made one of the single-best venture investments of all time, providing a $20 …

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These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related …

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Why are gas prices falling? National average below $4 a gallon for first time since March: GasBuddy

Filling up at the gasoline pump may still be a painful pocketbook experience, but the hurt appears to be fading day by day, with the U.S. national average price sliding below $4 a gallon Tuesday for the first time since March, according to one tracking service. The average price fell to $3.99 on Tuesday, according …

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Bed Bath & Beyond stock set to snap longest win streak in 15 years after Baird analyst suggests it’s time to sell

Shares of Bed Bath & Beyond Inc. tumbled Tuesday, putting them in danger of their first decline in two weeks, after Baird analyst Justin Kleber suggested investors sell, saying the latest “meme stock frenzy” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its stock BBBY, -14.20% soared 39.8% …

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