Business
JetBlue is willing to shell out $3.6 billion for discount airline Spirit because it wants to take on bigger carriers
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for ultra-low cost carrier Spirit Airlines would help it grow across the country and better compete against larger airlines. The […]
Read More
5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures sink in what would add to Tuesday’s drop on Fed worries Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures dropped Wednesday as investors await more insight into what […]
Read More
Synchrony Financial is a buy as macro fears are priced in, Piper Sandler says
Investors are failing to take note of positive trends, such as strong credit performance, from the credit card provider, analysts say. Source
Read More
Ed Sheeran wins copyright case over 2017 hit ‘Shape of You’
Ed Sheeran won a U.K. copyright battle over his 2017 hit “Shape of You” on Wednesday, defeating claims that the song copied part of 2015′s “Oh Why” by grime artist Sami Switch. Joe Maher | Disasters Emergency Committee | Getty Images Entertainment | Getty Images Grammy Award-winning songwriter Ed Sheeran won a U.K. copyright battle […]
Read More
Stocks making the biggest moves premarket: Twitter, Spirit Airlines, Tilray and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter fell 1.5% in premarket trading, potentially breaking a three-day win streak that has seen it gain nearly 32%. Elon Musk – now Twitter’s largest shareholder – changed the type of SEC filing regarding his share purchase to show it was not “passive.” […]
Read More
Uber looks to create travel ‘superapp’ by adding planes, trains and rental cars
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber is driving ahead with its plan to become a travel “superapp”. The San Francisco-headquartered firm announced Wednesday that it is adding trains, buses, planes and car rentals to its […]
Read More
Morgan Stanley names Eli Lilly a top pick, says it has best product outlook in pharma
An exciting new drug for diabetes and weight loss could open up a whole new market for the company, analysts say. Source
Read More
Teens are worried about the U.S. economy, but they’re still spending on Nike and Lululemon
Athletic apparel sits on display inside a Lululemon Athletica store. Xaume Olleros | Bloomberg | Getty Images Teens are spending more and shifting their shopping habits, even as they worry about growing economic uncertainty, according to a new survey. Athletic apparel brands such as Lululemon and Nike that combine comfort and fashion are winning out […]
Read More
These four apartment REITs could be good opportunities for investors to cash in on skyrocketing rent prices, Jim Cramer says
CNBC’s Jim Cramer on Tuesday offered a list of apartment real estate investment trusts whose stock investors should consider buying to take advantage of soaring rent prices. “Since higher rents are only good news for landlords, why not just buy a landlord, or at least a piece of a publicly traded landlord? Don’t just be […]
Read More
Cramer’s lightning round: Fisker is the ultimate speculative stock
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
Read More