In recent years, the U.S. stock market has seen a significant shift towards concentration, with just a handful of companies dominating the market. According to a recent analysis by Morgan Stanley, the top 10 stocks in the S&P 500 accounted for 27% of the index at the end of 2023, nearly double the 14% share
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The stock market was buzzing with excitement on Monday as news broke that renowned meme stock trader “Roaring Kitty,” also known as Keith Gill, had taken a significant stake in pet food e-commerce retailer Chewy. This revelation came to light through a Securities and Exchange Commission filing, which disclosed that Gill had acquired over 9
Boeing’s announcement to buy back Spirit AeroSystems in an all-stock deal raises questions about the company’s strategic decision-making process. The aerospace giant cited safety and quality control as the main reasons for the acquisition, implying that there were issues in these areas that needed to be addressed. However, the timing of the acquisition, coming after
The impending $90 trillion wealth transfer expected over the next two decades is set to position millennials as the wealthiest generation in history. However, the question remains – are they truly equipped to manage this significant influx of money? While projections suggest that millennials will inherit substantial assets from the silent generation and baby boomers,
Disney and Pixar’s “Inside Out 2” has officially joined the billion-dollar club, solidifying its place as the highest-grossing film of 2024. With over $1.014 billion in worldwide earnings, this animated feature has surpassed expectations and set a new standard for box office success. The achievement of reaching $1 billion in revenue faster than any animated
In a time when the box office is struggling due to a lack of content and a discerning audience, Fathom Events has managed to defy the odds and post record revenue gains. The joint venture between AMC, Regal, and Cinemark has been in the business of bringing alternative content to the big screen for the
Investors are constantly searching for dividend-paying stocks that can enhance their portfolios and generate strong returns. Darden Restaurants (DRI) is one such company that stands out among Wall Street’s top pros on TipRanks. With popular brands like Olive Garden, LongHorn Steakhouse, and Yard House under its belt, Darden recently announced its fourth-quarter results, which showed
When it comes to planning for retirement, financial experts often stress the importance of monitoring savings rates and the total nest egg. However, one crucial factor that often gets overlooked is life expectancy. While estimating how long you will live is uncertain and uncomfortable, it plays a significant role in determining how much money you
The second half of the year may bring a bullish move for both value and growth stocks. According to Todd Rosenbluth, head of research at VettaFi, value stocks, which have historically lagged behind growth stocks, could see a boost from the FTSE Russell’s annual rebalancing. Rosenbluth emphasized the importance of paying attention to value stocks,
In a sea of branded apparel at the U.S. Track & Field Olympic Trials, a group of 35 unsponsored athletes stand out in their all-black, logo-less gear. This unconventional choice is part of Bandit Running’s Unsponsored Project, aiming to challenge the traditional sponsorship model for professional athletes and to support up-and-coming competitors. In the world