The Nasdaq 100 (^NDX) hit a record high on Thursday as stocks rebounded, led by notable tech performances like Microsoft (MSFT) and NVIDIA (NVDA). Yahoo Finance Market Reporter Jared Blikre takes a closer look at the stock and sector actions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Eyek Ntekim Source link
Read More »Coffee visits to Starbucks, Dunkin’ drop as record-high inflation takes hold
As inflation reaches new record-highs, more Americans are ditching their daily cup of joe — at least at big coffee chains like Dunkin’ and Starbucks (SBUX). According to new data from foot traffic analytics platform Placer.ai, coffee visits dropped below quick service restaurants for the first time all year during the month of June due to “a combination of inflation, high gas prices, and the rise in COVID cases,” the report noted. Over the past two years — as the pandemic hammered fast… Source link
Read More »Clover Health rides Reddit-fueled ‘meme stock’ wave amid record-high trading volume
Shares of Clover Health Investments, Corp. () breached their previous 52-week high of $24.93 in pre-market Wednesday morning. This added to a total increase in the stock’s value of over 110% in the past week amid a to short the stock. Following market open, its price fell just below Tuesday’s close $22.15. Founded in 2014 and headquartered in Tennessee, Clover Health is a Medicare-backed insurance seller with 458 full-time employees and provides preferred provider organization and health… Source link
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