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Wholesale Mortgage Giant Going Public in Largest SPAC Deal in History
United Wholesale Mortgage, the No. 1 wholesale mortgage originator in the U.S., is becoming a publicly traded company. It announced that it will merge with a special purpose acquisition company
September Sell-Off: S&P 500 Craters 78 Points, Approaching Correction Levels as Apple, Oxy, Lead Tech Stocks, Energy Stocks Down
The S&P 500 index (SNPINDEX: ^GSPC) fell sharply on Sept. 23, losing 78 points, or almost 2.4% in a broad sell-off. Of the 505 stocks in the index, 478 finished today's trading session lower than
Why 3 Electric Vehicle Stocks Collapsed Today
The Nasdaq composite index spent most of Wednesday in the red, but things really started melting down around 1:30 p.m. EDT, and the index closed the day down 3%.
Electric vehicle (EV) stocks
Why Apple Stock Fell Today
Shares of Apple (NASDAQ: AAPL) declined by 4.2% on Wednesday, following an analyst downgrade.
UBS analyst David Vogt took over coverage of Apple and lowered the investment bank's rating on its stock
Why 3 Hydrogen Fuel-Cell Stocks Crashed Today
Well, that certainly got ugly in a hurry. For most of Wednesday trading, the Nasdaq composite index was in the red a bit -- down 1%, which isn't great, but isn't horrible in the context of some of
California Just Banned Gas-Powered Car Sales...in 2035
So long, internal combustion engine. We hardly knew ye -- and starting in 2035, you'll be banned from California new car lots. On Wednesday, California Governor Gavin Newsom signed an executive
This Classic Sign of a Stock Market Top Just Happened
The stock market had a tumultuous Wednesday, falling prey to a late-day plunge that sent major market benchmarks down 2% to 3%. Coming just a day after a solid rebound from recent declines, the
JPMorgan Chase Facing Potential $1Billion Fine for Fraudulent Trading Practices
A prior investigation into fraudulent trading activity at JPMorgan Chase (NYSE: JPM) could come to a head this week and result in a $1 billion fine for America's largest bank, according to
Amazon Prime Day Begins Oct. 13: Report
Prime Day 2020 for Amazon (NASDAQ: AMZN) will likely kick off on Oct. 13, according to a report on Tuesday by CNET, which cited four people with knowledge of Amazon's plans. An Amazon spokesperson
Bed Bath & Beyond Highlights Its Digital Sales Push With a New Chief Tech Officer
A few weeks after a Wedbush analyst said Bed Bath & Beyond (NASDAQ: BBBY) is "on the cusp of a dramatic improvement in profitability," the home merchandise company announced it is hiring a new chief
Why Twitter Stock Jumped Today
Shares of Twitter (NYSE: TWTR) climbed 6.1% on Wednesday, following an analyst upgrade.
Pivotal Research analyst Michael Levine boosted his rating on Twitter's stock from hold to buy. He also
Tesla Disappoints as Nasdaq Falls; Why Zoom's Still Climbing
The stock market can't seem to decide which way to go, and that's made September a bumpy month for the Nasdaq Composite (NASDAQINDEX: ^IXIC). After it posted a significant gain Tuesday, investors
General Mills Inc (GIS) Q1 2021 Earnings Call Transcript
Image source: The Motley Fool.
General Mills Inc (NYSE: GIS)Q1 2021 Earnings CallSep 23, 2020, 8:30 a.m. ET
Operator
Source Fool.com
Johnson & Johnson Starts Late-Stage Coronavirus Vaccine Clinical Trial
Johnson & Johnson (NYSE: JNJ) has moved into phase 3 development of its coronavirus vaccine candidate, which goes by the code name JNJ-78436735. The study, called Ensemble, will enroll up to 60,000
Nikola Stock Drops 26% After BP Backs Away From Hydrogen-Station Deal
Shares of embattled electric-truck start-up Nikola (NASDAQ: NKLA) closed down more than 25% on Wednesday, following reports that energy giant BP (NYSE: BP) has backed away from a potential
AutoZone Capitalizes on a Do-It-Yourself Boom
Auto parts retailer AutoZone (NYSE: AZO) ended its fiscal 2020 year in a high performance "zone" as its fourth-quarter results, issued Tuesday, attested. AutoZone's net sales increased by 14% year
Cintas Corp (CTAS) Q1 2021 Earnings Call Transcript
Image source: The Motley Fool.
Cintas Corp (NASDAQ: CTAS)Q1 2021 Earnings CallSep 23, 2020, 10:00 a.m. ET
Operator
Source Fool.com
Why Wrap Technologies Shares Plunged 30.1% Today
Shares of Wrap Technologies (NASDAQ: WRTC) fell as much as 30.1% in trading Wednesday after a less-than-impressive update from the Los Angeles Police Department (LAPD). At 3:30 p.m. EDT today
Quest Diagnostics and Walmart Teaming Up to Test Drone Delivery of COVID-19 Test Kits
The coronavirus pandemic has inspired numerous surprising business combinations. The latest such collaboration is between Quest Diagnostics (NYSE: DGX) and Walmart (NYSE: WMT), which will join
Why JinkoSolar's Shares Popped 21.7% on Wednesday
Shares of solar manufacturer JinkoSolar (NYSE: JKS) jumped as much as 21.7% in trading Wednesday after the company reported second-quarter 2020 results. Shares kept the momentum going throughout the
Why Shares of Workhorse Group and DiamondPeak Holdings Dropped on Wednesday
Shares of electric-van maker Workhorse Group (NASDAQ: WKHS) and DiamondPeak Holdings (NASDAQ: DPHC), a shell company that will soon merge with electric-pickup start-up (and Workhorse offshoot)
Gold Price to Hit Record $2,200 Before 2020 Ends?
Even as the price of gold has fallen below $1,900 per ounce at the time of this writing, after skyrocketing to an all-time high of around $2,075 per ounce in August, Citigroup believes the yellow
The Nike Rebound Is Almost Complete
Nike's (NYSE: NKE) fiscal 2021 is off to a fast start. The footwear giant this week reported surprisingly strong operating results through late August as its business mended from COVID-19
Why Eastman Kodak Stock Just Dropped Another 11%
This does not look like the week to own shares of Eastman Kodak (NYSE: KODK).
Last week, the former photography giant that has now turned to producing pharmaceutical ingredients could do no wrong
Good News for GoodRx's IPO: Drug Prices Are Rising Fast
GoodRx (NASDAQ: GDRX) had its initial public offering (IPO) today at $33, substantially higher than the expected range of $24 to $28 per share. After trading started, shares jumped as high as


