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AMC and Cinemark yet to reclaim ‘pre-COVID glory’ as foot traffic still well below pre-pandemic levels, research says

Movie theater chain and original meme stock AMC reports first-quarter results after market close Wednesday.

Tue May 7, 2024 21:16
A reliable labor-market recession indicator has triggered — but this time it could be bullish for stocks

A reliable recession indicator maintained by market strategists at Piper Sandler triggered last week — but the same strategists who developed the indicator believe that, in all likelihood, its triggering is bullish for stocks.

Tue May 7, 2024 21:16
Gold prices ease back from a 1-week high

Gold prices settle with a loss Tuesday, a day after posting their highest finish in a week, though prospects for a fresh rally remain high as traders continue to monitor developments in the Middle East.

Tue May 7, 2024 21:16
CVS to tap high-grade bond market with five-part deal in busy day for issuance

CVS Health Corp. is tapping the investment-grade corporate bond market on Tuesday, with a five-part deal that’s expected to price later in the day.

Tue May 7, 2024 21:16
TikTok sues to stop potential U.S. ban, following through on its promise of a court fight

TikTok and parent company ByteDance have filed a lawsuit that challenges a new U.S. law that could lead to a nationwide ban for the app.

Tue May 7, 2024 21:16
Sorry, Elon: Warren Buffett won’t be buying Tesla stock

Tesla doesn’t fit the Berkshire Hathaway formula.

Tue May 7, 2024 21:16

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