Daily Trade

A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy department store Kohl’s Corp.  KSS, -2.60%, according to people familiar with the matter. A group led by Acacia Research Corp. ACTG, -0.69%, which Starboard controls, offered to buy the department-store chain for $64 a share in cash Friday, the people

If Twitter (NYSE:TWTR) is going to improve in 2022, it will have to find new ways to attract users. But how it will manage to do that is still up in the air. And that’s why TWTR stock is bleeding these days. Twitter currently trades at $35.10, down more than 18% since the beginning of

Amazon.com, DHL and other fast-delivery names who know they’ll need electric vehicles for their shipping demands in coming years want charging speed, battery technology, and ease in jumping from one charger to another, they’re telling automakers in a new report. And they will be willing to dump one manufacturer for another to get what they

Investors in Novavax (NASDAQ:NVAX) can’t catch a break — whether the news is positive or negative. One month ago, NVAX stock was trading for above $200 per share. Since then, it’s plummeted 55% to around $90 a share. Despite my longstanding bullishness on the Covid-19 vaccine play, I’ll admit it’s debatable whether NVAX stock is

China’s Ministry of Transport has summoned four leading freight-delivery platform operators and warned four internet ride-hailing companies over recent driver complaints, in a sign of Beijing’s continued scrutiny of the country’s massive tech sector after a year-long crackdown. The ministry on Friday said it has summoned four internet freight delivery firms, including the cargo businesses

At first glance, diversified energy and power solutions company Camber Energy (NYSEAMERICAN:CEI) might seem like a great business in which to invest. After all, CEI stock is cheap, and value hunters might think that it could turn itself around. Source: bht2000 / Shutterstock.com Yet it’s important to temper our fantasies with a healthy dose of realism.

Walmart Inc. was downgraded to sector weight from overweight at KeyBanc Capital Markets with concerns that the retail giant could be hurt alongside its key middle-class customers and feel wage pressure. “Since our initiation, Walmart has undergone a transformation into arguably one of the strongest omnichannel U.S. retailers,” wrote KeyBanc analysts in a report looking

Canadian cannabis grower, retailer and investment firm Sundial Growers (NASDAQ:SNDL) had its 15 minutes of meme stock fame a little less than a year ago. Shares rocketed 725% higher between the start of 2021 and its high of nearly $4 in February. But since then, SNDL stock has plummeted to around 52 cents a share

You don’t see this very often. Leo KoGuan, who according to Bloomberg is the third-largest individual shareholder at Tesla TSLA, -3.38%, on Wednesday was publicly lobbying the company over Twitter on what guidance it should provide. KoGuan, the Singapore-based billionaire founder of software maker SHI International, tweeted to CEO Elon Musk to guide to 1.6

Elon Musk is no ordinary CEO. The man has become the richest person in the world thanks to the explosive gains in Tesla (NASDAQ:TSLA) stock, but he also mans the helm of SpaceX. Then there’s The Boring Company and Neuralink as well. He talks of cryptocurrencies, colonizing Mars, autonomous driving technology and pretty much whatever

The COVID-19 pandemic ushered in a greater reliance on disposable goods from plastic utensils to clamshell take-out containers, hospital face shields and the life-saving masks deemed crucial by health professionals in slowing the spread of the virus. Now, President Joe Biden is expected to make 400 million N95 masks available for free at U.S. pharmacies and community

Well, the stock market sure woke up on the wrong side of the bed this morning! Source: ventdusud / Shutterstock.com After a long holiday weekend, investors were greeted with a more than 1% drop in the major indices. The NASDAQ was hit particularly hard, down as much as 2% earlier in the trading day. The

Dear Quentin, My divorce decree states that I have exclusive possession of the marital residence. The deed has my ex-husband’s name, and my name as his wife. I approached my ex-husband to sell the house.  He has been absent, without any knowledge of his whereabouts for several decades. He has had no contact with my

As I recently pointed out, Digital World Acquisition Corp. (NASDAQ:DWAC) has yet to file an U.S. Securities and Exchange Commission (SEC) form S-4. However, the company has recently announced the outlines of its operations through various public announcements. I suspect that DWAC stock is probably at full value now. Source: Dmitry Demidovich/ShutterStock.com We now know more

While the narrative around inflation and interest rates has come with a heavy dose of doom for tech and growth, Microsoft put its chips on the table — $68 billion worth — to acquire Activision. The proposed deal would bolster Microsoft’s MSFT, -2.47% prospects in videogames, which has been a focus. The software and cloud

Among early stage electric vehicle (EV) stocks, Rivian Automotive (NASDAQ:RIVN) is one that’s been placed in the winner’s circle even though it has yet to cross the finish line. And while RIVN stock may be down big from its all-time high, hit right after its IPO, shares sport a “priced for perfection” valuation. Source: Michael Vi /

A second booster of COVID-19 vaccines from Pfizer and Moderna failed to prevent infections of the omicron variant, according to a preliminary study by a hospital in Israel. The vaccines lifted antibodies “even a little bit higher than what we had after the third dose,” said Gili Regev-Yochay, director of the Infectious Diseases Unit, at

Peloton (NASDAQ:PTON) stock is having a 2022 to forget. How bad has it been so far? Source: JHVEPhoto / Shutterstock.com You know things are bad when the best thing that’s happened to the company is that its signature exercise bike was  blamed for the death of a key character in HBO’s new Sex in the

Bond yields are rising again so far in 2022. The U.S. stock market seems vulnerable to a bona fide correction. But what can you really tell from a mere two weeks into a new year? Not much and quite a lot. One thing feels assured: the days of making easy money are over in the

Electric vehicles are likely to remain a key investment theme through 2022. However, as competition in the industry intensifies, investors need to be increasingly selective in choosing EV stocks. Lucid Group (NASDAQ:LCID) stock is one stock that deserves a place in the portfolio. The LCID stock price is up 8.83% so far in 2022. Source: