Here are some of the bigger movers of the day, including shares of Bank of America, Micron Technology, Virgin Galactic and Wallbox.
Economic Report: ‘Home buyers have adjusted’ to new normal of near-7% mortgage rates, Freddie Mac says
The 30-year mortgage rate is averaging at 6.71%, Freddie Mac said in its latest weekly survey on Thursday.
: WHO poised to declare aspartame ‘possibly carcinogenic to humans,’ Reuters reports
The World Health Organization’s cancer research arm is set to weigh in on aspartame, the sweetener used in Diet Coke.
: Mullen Automotive records revenue for the 1st time with sale of 22 EV cargo vans
Mullen Automotive’ stock bounced Thursday, after the electric-vehicle maker said it recorded revenue for the first time with the sale of 22 EV cargo vans.
: Ozempic and other weight-loss drugs boost pharmacy sales at Rite Aid
Rite Aid Corp. said Thursday its fiscal first-quarter pharmacy sales got a boost from a new class of drug.
: Supreme Court backs Christian USPS mailman who didn’t want to work Sundays
After a Christian USPS worker sued when he was forced to work on Sundays, the court’s ruling makes it harder for employers to deny religious accommodations.
Earnings Outlook: Rite Aid’s stock soars 6% after company surprises with earnings that are less bad than feared
Rite Aid’s stock has been under pressure since a report that it’s in talks to restructure $2.9 billion of debt.
Futures Movers: Oil prices look to notch back-to-back gains a day after data reveal a hefty drop in U.S. crude supplies
Oil futures climb on Thursday, extending a gain from a day earlier when U.S. government data revealed a nearly 10 million-barrel weekly drop in domestic crude inventories.
: ‘I’m a pirate now.’ This viral Reddit thread recounts what Brits are giving up in the face of high inflation.
As bad as the inflation picture has been in the U.S., across the pond the experience has been far worse, as this Reddit thread summarizes.
: As smoke from Canadian wildfires sparks air-quality alerts, these stocks are grabbing attention
The smoke from Canadian wildfires has left millions of people in the U.S. and Canada under air-quality alerts.
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