Business
Stocks to Watch Recap: Tesla, Lululemon, AMC, Volkswagen
↗️ Volkswagen (XE:VOW3): Shares jumped 6.5% after the German automaker’s supervisory board approved a plan to double job losses to 100,000 and halve its model portfolio as it contends with President Trump’s tariffs and intensifying competition from Chinese automakers.
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Business
LTC Properties Upgraded To Buy, A Monthly Income Opportunity Driven By Senior Care (Rating Upgrade)
LTC Properties Upgraded To Buy, A Monthly Income Opportunity Driven By Senior Care (Rating Upgrade)
Samsara Stock Jumps on Earnings Beat and Raised Outlook
What’s the most likely cause of the latest internet spat between two high-profile CEOs? Tokenized stocks, of course.
AMC Entertainment chief executive Adam Aron criticized Robinhood Markets’ Vlad Tenev on X after the broker launched AMC stock tokens. AMC is among more than 190 companies and ETFs that are now linked to tokens registered by a Robinhood subsidiary on an island roughly 3,000 miles from the U.S.
Tenev’s response: “What’s the concern?”
U.S. stocks fell after surprisingly strong jobs data muddied the outlook for Federal Reserve policy.
The Dow Jones Industrial Average fell 271.86 points, or 0.51%, to 53414.25. The S&P 500 declined 29.11 points, or 0.38%, to 7718.60 and the tech-heavy Nasdaq Composite shed 77.07 points, or 0.29%, to 26506.99.
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