Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone manufacturer and a separate drone retailing firm, announced the appointment in an early-morning press release.…
Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election, which showed a GOP sweep, seems to be giving them the fuel to do so. On Tuesday, Best Buy reported one of its worst three-month stretches of the past decade,…
Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on strike between Black Friday and Cyber Monday, two of the marquee shopping promotions of the year, according to organizers. The planned “Make Amazon Pay” demonstrations are intended to…
Abercrombie & Fitch isn’t giving up its crown anytime soon. The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped expectations. The recent arrest of the company’s former CEO, Mike Jeffries, on charges of sex trafficking did not…
Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it looks to unlock new advertising opportunities, a top company executive told CNBC. In a wide-ranging interview, Jen Wong, chief operating officer of Reddit, said other platforms have 80%…
In this video, Dave shares how he uses the powerful ChartLists feature on StockCharts to analyze trends and momentum shifts as part of his daily, weekly, and monthly chart routines. He shows how mindful investors can use ChartLists to identify inflection points, focus on top performers, analyze performance trends, and…
The ‘Fog of War’ is the strategic message that Russian President Vladimir Putin aimed to signal last week to President Biden, Ukrainian President Volodymyr Zelenskyy, the Pentagon and military and political leaders across the U.S. and NATO. This iconic metaphor, coined by the renowned Prussian military strategist Karl Von Clausewitz…
On November 21, 2024, Citron Capital shorted MicroStrategy Inc. (MSTR). What made this confrontation particularly electrifying was the clash between two titans: Citron, a legendary short seller, and MicroStrategy, arguably the strongest stock of 2024. Why did Citron short MicroStrategy? Citron called its $91 billion valuation a reckless Bitcoin bubble.…
Join Tony as he walks you through a Macro Market outlook, and shares his top bearish and bullish options trading ideas. He talks growth vs. value, commodities, bonds, the Dollar Index, sectors like homebuilders and semiconductors, and stocks like NVDA, DIS, INTC, and more. This video premiered on November 26,…
Sen. Tom Cotton, R-Ark., blasted anyone within the Defense Department working to safeguard certain norms or policies that they expect the incoming Trump administration to target. ‘It appears that partisans and obstructionists inside the Department of Defense are laying groundwork to defy or circumvent President Trump’s plans for both military…