The Supreme Court has the final say on Biden’s student loan forgiveness plan but college affordability will remain an issue for years to come.
Here are Tuesday’s biggest analyst calls: Apple, Tesla, Dick’s, Costco, Snowflake, Meta, Dish & more
Goldman Sachs downgraded metals stock Arconic, and Bank of America named its top AI picks.
Stocks making the biggest premarket moves: Dish, Target, Zoom, Arconic and more
These are the stocks posting the largest moves in the premarket.
Citi downgrades Dick’s Sporting Goods on slowing demand concerns, says margin pressures linger
Analyst Paul Lejuez downgraded the sports retailer’s stock to neutral from buy, citing concerns of near-term gross margin pressures.
Op-ed: DEA and FDA rules exacerbate Adderall shortage
Eggs are a $10 billion ‘low-margin industry,’ says analyst. Here’s who profits
Eggs are a $10 billion industry. With prices more than doubling in 2022, the largest producer, Cal-Maine Foods, increased its revenue by 32% in 2022 from 2021.
How McDonald’s won over China
McDonald’s opened over 700 new restaurants in China in 2022, an all-time high. It plans to add an additional 900 stores in the country this year.
Hong Kong — one of the last places globally with a mandate — will scrap Covid mask requirement
Hong Kong started unwinding its stringent Covid rules last year but mask-wearing has remained constant since 2020.
The Buffett test: This one chart shows how much every Club holding spends on stock buybacks
We’re shining a light on the Club holdings that repurchase the most stock, a group including Morgan Stanley (MS), Meta Platforms (META) and Apple (AAPL).
Top Senate Democrats press Chamber of Commerce on threat to sue FTC over noncompete clause ban
Top Senate Democrats on key financial committees will send a letter to the Chamber of Commerce for threatening to sue the FTC over a noncompete ban.