Domino's Pizza stock has risen after the company reported better-than-expected Q4 earnings, with strong same-store sales driven by growth in carry-out and delivery transactions, and the expectation of further growth through its partnership with Uber Eats in 2024; however, the company faces headwinds from a global economic slowdown and negative sentiment towards Western brands in overseas markets.
A woman in Columbus, Ohio was charged over $1,000 for a Subway sandwich, leaving her financially strained and unable to get a refund from Subway or her bank for several weeks, prompting the suggestion to file a police report for theft.
US stocks take a breather after a record-breaking week as investors await inflation data that could impact the rally, while Berkshire Hathaway nears a $1 trillion market value and Domino's Pizza sees a surge in shares due to its use of AI technology. Li Auto surpasses earnings expectations, leading to an increase in electric vehicle stocks. The Dow Jones Industrial Average undergoes a reshuffling as Amazon replaces Walgreens on the index, highlighting the limitations of the DJIA. Overall, the market continues to show impressive streaks but remains vulnerable to inflation concerns. Warren Buffett's annual letter offers valuable investing wisdom, emphasizing the importance of owning businesses with good economics and enduring returns.
Credible Operations, Inc. provides tools and information to help improve finances, including today's mortgage rates and tips on getting the best deal.
BYD Auto, the world's largest EV maker, has unveiled a luxury supercar priced at over $230,000, positioning itself as a competitor to established supercar-makers like Ferrari and Lamborghini, while also expressing respect for Tesla and acknowledging their role in pushing the global EV market forward.
Thirteen top Democrats in Congress, led by Sen. Elizabeth Warren, are urging the Biden administration to reject the proposed merger between Capital One and Discover Financial Services, warning that it would limit consumer choices and burden them with high fees, and calling for stricter regulations on bank mergers.
Silicon Valley reporter Kara Swisher exposes the destructive disruption and detached reality of tech moguls like Mark Zuckerberg and Elon Musk in her memoir "Burn Book," while emphasizing the need for accountability and regulation as artificial intelligence continues to rise.
Outback Steakhouse and other restaurants under the Bloomin' Brands chain have permanently closed 41 locations due to underperformance, but they plan to open new restaurants and implement a redesigned layout as part of their expansion strategy.
Several Democrats, including Senator Elizabeth Warren, have called on the Biden administration to block the proposed merger between Capital One and Discover Financial Services, citing concerns about consolidation in the credit card market and potential negative consequences for consumers.
Warren Buffett's annual letter to Berkshire Hathaway shareholders revealed that since he took control in 1965, the company's stock has increased by nearly 4,400,000%, surpassing the S&P 500's gain of 31,000%, and its cash pile of $168 billion is worth more than companies like Uber and Nike.
Ford is conducting a massive reinspection of over a quarter-million vehicles after discovering sloppy work and false billing by dealership technicians during the replacement of dangerous Takata air bags, putting customers at risk of explosions and injuries.
Nvidia's impressive fourth-quarter results and its focus on new business verticals position it for continued growth in the AI chip industry, although it may need to diversify its strategy to stay ahead of rising competition; with a reasonable valuation and a strong economic moat, the stock remains a long-term buy.
Danish company Zealand Pharma's stock soared over 34% after announcing positive results in a clinical trial for a liver disease drug that is also being tested for weight loss, potentially posing competition to market leaders Novo Nordisk and Eli Lilly.
The latest National Association for Business Economics (NABE) survey predicts stronger growth, lower unemployment, and lower inflation in the U.S. economy in 2024, indicating a "soft landing."
Taiwan Semiconductor Manufacturing Company (TSMC) has opened its first factory in Japan, with plans to open a second one in the future, in an effort to expand its global reach and compete with rising chip competition between the US and China.
The upcoming release of the Personal Consumption Expenditure (PCE) figures, which is often considered the Federal Reserve's preferred inflation gauge, could potentially trigger a correction in stocks and burst the artificial intelligence (AI) hype bubble, according to Annex Wealth Management Chief Economist and Strategist Brian Jacobsen.
BYD, the leading EV maker, is challenging luxury car manufacturers like Ferrari and Lamborghini with the introduction of its Yangwang U9 electric supercar that outperforms them in terms of power and speed.
Shares of Li Auto are surging as the Chinese EV company beats fourth-quarter earnings expectations and reports its first-ever annual net profit, with deliveries nearly tripling year-over-year.
A woman in Ohio was charged over $1,000 for a Subway sandwich, and despite her efforts to get a refund from Subway and her bank, she has been unsuccessful.
Shares of Rivian Automotive Inc. rose on Monday, recovering slightly after a significant selloff last week and causing losses for major investors like Amazon and Ford.
Berkshire Hathaway reported record annual profits and a significant increase in cash holdings, highlighting the challenge of finding profitable investment opportunities.
A Norwegian Cruise Line ship carrying over 2,000 passengers was quarantined off the coast of Mauritius due to fears of a cholera outbreak, but it was later determined that the illness was gastroenteritis and the ship was allowed to dock.
Private equity firm KKR is set to acquire Broadcom's end user computing business, including VMware Workspace One and VMware Horizon, in a $4 billion deal, as Broadcom aims to recoup some of the $61 billion it spent on buying VMware last year and focuses on core capabilities.
Outback Steakhouse in Pittsburgh's North Hills closed as part of a nationwide consolidation, with older restaurants being closed down by Bloomin' Brands.
Investor sentiment is soaring under Nvidia's dominance in the tech sector, but experts warn of a tech bubble forming that could eventually burst.
A McDonald's customer in Boston allegedly punched an employee after they touched the lid of his drink.
The NIST Cybersecurity Framework (CSF) 2.0 provides guidance for organizations of all sizes and sectors to manage cybersecurity risks through a taxonomy of high-level outcomes and links to additional resources.
A Norwegian cruise ship with over 2,000 passengers and 1,000 crew has been denied permission to dock in Mauritius due to fears of a potential cholera outbreak.
Tyler Loudon, the husband of a former BP executive, has pleaded guilty to securities fraud after making nearly $1.8 million by eavesdropping on his wife's phone calls regarding BP's possible acquisition of TravelCenters of America.
Shares of Rivian Automotive rose in premarket trading after a significant drop last week due to disappointing quarterly results, potential downgrades, and lowered price targets; however, the rebound could be attributed to overselling and positive predictions for the company's future growth.
Mauritius has allowed a Norwegian cruise ship, the Norwegian Dawn, to dock in its capital Port Louis after finding no evidence of cholera onboard, with the passengers having had gastroenteritis instead.
Facebook and Instagram owner Meta will create a team to address deceptive AI content during the upcoming EU elections in June, in response to concerns about the use of generative AI to deceive voters.
The Dow Jones Industrial Average's recent reshuffling, which involved replacing Walgreens with Amazon, highlights the outdated and inefficient nature of the index compared to the more influential S&P 500 Index.
The husband of a former BP executive pleaded guilty to securities fraud for illegally profiting from insider information obtained by listening to his wife's work conversations.
AT&T will reimburse customers with a $5 credit after a widespread network outage that caused disruptions and problems with 911 service.
Amazon will replace Walgreens in the Dow Jones Industrial Average as a result of a stock split by Walmart, making Amazon the 17th heaviest weighted stock in the index.
Ryanair may be forced to cut flights and raise fares this summer due to Boeing's inability to deliver the promised planes, leading to delays and disruptions in the airline's production schedule.
Senate Republicans are planning to introduce a bill that would restrict the Federal Reserve's ability to create a central bank digital currency, setting the stage for the digital dollar to become a campaign issue in 2024. They argue that a digital currency could be used for surveillance and restrict access to individuals' money.
Warren Buffett releases his annual letter to shareholders, discussing Charlie Munger and Berkshire's record profit, while investors focus on inflation data, Walmart's stock split, and trending tickers including Occidental Petroleum, bitcoin, and Robinhood.
Stocks that are deleted from an index often outperform the stocks that replace them, as demonstrated by past market research, indicating that the removal of Walgreens Boots Alliance from the Dow Jones Industrial Average in favor of Amazon and the replacement of JetBlue Airways with Uber in the Dow Jones Transportation Average may not be advantageous for the latter stocks.
NVIDIA Corporation's stock is currently trading at a high price, suggesting it may not be a bargain opportunity, but its optimistic future outlook indicates potential for growth.
The widespread use of weight-loss drugs like Ozempic in the U.S. could potentially increase the nation's gross domestic product by 1% over the next decade, equivalent to about $360 billion per year, according to Goldman Sachs strategists.
The National Institute of Standards and Technology (NIST) has updated its Cybersecurity Framework (CSF) to include quick-start guides, success stories, and a searchable catalog, making it more accessible and applicable to a wide range of users and organizations.
The National Highway Traffic Safety Administration issued recalls for over 1.7 million Honda and Toyota vehicles, as well as more than 150,000 Ford vehicles, due to airbag, seat belt, and axle issues, among others.
A man from Houston used insider information he overheard from his work-from-home spouse to make $1.7 million in an insider trading scheme, resulting in him pleading guilty to securities fraud.
AT&T is offering a $5 credit to customers affected by a recent service outage, but many are unsatisfied with the compensation, leading to criticism of the company.
Walmart's stock split is set to increase its number of outstanding shares and drive shareholder value, with analysts potentially revising their views on the stock following the split.
Berkshire Hathaway investor Christopher Bloomstran criticizes Apple's stock repurchases and questions its $3 trillion valuation, while also stating that Berkshire Hathaway itself is undervalued due to its large common stock portfolio and overcapitalization.
A Miami man lost $42,000 in an Ethereum investment scheme after being deceived by a fraudulent romance scam using the photograph of a woman claiming to be Mandy Li, a CEO of Estee Lauder.
A woman in Columbus, Ohio was charged over $1,000 for a Subway sandwich, leaving her financially strained and unable to get a refund, despite attempts to resolve the issue with Subway and her bank.