Vitamin retailer GNC (GNC) has met with banks to explore a possible sale, reported the Financial Times, though no potential buyers have made formal bids. Meanwhile, activist investors are pushing supplement seller Vitamin Shoppe (VSI) to sell itself to a private equity firm or GNC, Reuters reported. GNC shares rose 4.9% to 41.02. Vitamin Shoppe rose 4.8% to 45.44.
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
The Oracle of Omaha has purchased shares of his favorite stock for 23 consecutive quarters.
(Bloomberg) -- McDonald’s Corp. is looking to launch a $5 meal deal in the US that the burger chain is betting can lure penny-pinching consumers back in.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Ackman Scolded Over DEI Views at Closed-Door Milken SessionFord Cuts Battery Orders as EV Losses Top $100,000 Per CarThe deal could include a
Broadcom just ended the reign of Nvidia, usurping the top spot on this list of new buys by the best mutual funds.
The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.
This real estate technology company could be hit hard by a changing real estate market.
Palantir stock (NYSE:PLTR) dipped by about 16% after its Q1 earnings report, prompting me to ponder whether this downturn presents a buying opportunity. Notably, Palantir showcased yet another quarter of solid revenue growth, promising client base expansion, and strong profitability metrics. That said, concerns persist regarding the stock’s elevated valuation. Consequently, despite my belief in Palantir’s long-term prospects as a shareholder, I maintain a neutral stance towards the stock at pres
Donald Trump told oil industry executives he would dismantle Joe Biden’s pro-electric vehicle agenda as he asked for $1bn (£800m) to help return him to the White House, it has been claimed.
The popular growth investor bought into one of Thursday's biggest losers and two stocks that have fallen sharply over the past year.
The AI PC chip wars are going nuclear as Apple officially joins the fight with its M4 processor.