Tripadvisor Inc Common Stock (TRIP) Stock Price Today
LCI Industries boosts profit despite sales drop, with 29% upside potential after price target cut.
LCI Industries improved its profitability with an 8% rise in adjusted operating profit and a 110 basis point increase in operating margin, despite a 4% decline in net sales and weaker demand in the outdoor recreation market. Sales to OEMs fell 10%, a...
Bitcoin miners' stocks drop 5-6% amid Strategy's Bitcoin and stock sales, weighing on crypto sentiment.
Shares of major Bitcoin miners like Riot Platforms, MARA Holdings, and CleanSpark fell 5-6% following Strategy's disclosure of selling 1,690 Bitcoin at a loss and 6.59 million common shares to boost cash reserves. This move breaks Strategy's previous...
Coinbase CEO says crypto has boosted global financial access through stablecoins, DeFi, and tokenized stocks.
Coinbase CEO Brian Armstrong highlighted how cryptocurrency has enhanced financial inclusion worldwide by enabling access to low-inflation stablecoins, decentralized finance (DeFi) credit, tokenized stocks for unbrokered investors, and bitcoin as a s...
Ademi LLP probes Tri-County's merger with HBT Financial over possible fiduciary breaches.
Ademi LLP is investigating Tri-County's recent deal with HBT Financial for potential breaches of fiduciary duty and other legal violations. Tri-County shareholders can choose cash, stock, or a mix in the transaction valued at $82.89 per share. The in...
Intel shares drop 3% after $15B stock offering to fund AI-driven growth and expansion.
Intel announced a $15 billion public offering of common stock, causing its shares to fall about 3%. The capital raised will support general corporate purposes, including capital expenditures and working capital, aimed at fueling growth opportunities ...
NYC Mayor backs law forcing Amazon to directly employ delivery drivers, risking higher costs and job losses.
New York City Mayor Zohran Mamdani supports the Delivery Protection Act, which would require companies like Amazon to directly employ delivery drivers instead of subcontracting. The law aims to protect workers and hold corporations accountable but co...
Traders expect July CPI inflation below consensus, signaling cooler price growth ahead.
Prediction market traders on Kalshi see less than a 55% chance that July's consumer price index (CPI) inflation will exceed 3.3% year-over-year, below the Dow Jones consensus of 3.4%. They also assign only a 15% chance that CPI will surpass 3.4%. For...
Goldman Sachs advises investors to stay invested amid stable rates, AI benefits, and falling oil prices.
Goldman Sachs strategist Ashok Varadhan recommends investors remain invested despite concerns about interest rates, oil prices, and economic durability. He expects no Federal Reserve rate hikes this year, anticipates oil prices dropping below $70 a b...
Burger King overtakes Wendy's in US fast-food sales growth, challenging McDonald's dominance.
Burger King has surpassed Wendy's in same-store sales growth, rising for five consecutive quarters while Wendy's sales have declined for six quarters. In the latest quarter, Burger King's sales grew 8.3%, while Wendy's dropped 7%, particularly strugg...
Fulcrum Therapeutics stock plunges 51% after FDA halts sickle cell drug development
Fulcrum Therapeutics announced the discontinuation of its sickle cell disease drug, pociredir, after the FDA expressed serious safety concerns linked to similar drugs causing high malignancy risks. This led to a 51% drop in the company's stock price,...
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