Investors might be overestimating videogame players’ desire to get out and rediscover nature. The hype for GameStop has ironically excluded the companies that make the game disks filling those stores. Videogame publisher stocks have been among the hardest hit in the recovery trade, with Activision Blizzard , Electronic Arts , Take-Two Interactive , Ubisoft and […]
Does the hydrogen hype that once surrounded cars have better prospects with planes? Yes, but probably not in time to meet the aviation industry’s emissions targets. The past year has brought some vindication to those who see hydrogen as aviation’s passport to a cleaner future. Last fall, European plane maker Airbus unveiled three hydrogen-powered aircraft […]
Online retailing has spent the pandemic bellying up to the bar, but now it might be on the brink of a hangover. The Commerce Department on Tuesday reported that e-commerce sales—from internet retailers such as Amazon.com AMZN -0.01% and traditional retailers such as Walmart WMT 0.01% —were up 39% from a year earlier in the […]
AT&T’s shares declined 2.7% on Monday after announcement of the deal, which would spin off the company’s WarnerMedia division, unwinding a big bet on entertainment just three years after it acquired the owner of Time Warner Inc. for about $81 billion. Bond prices climbed, with analysts saying the deal would help reduce the $169 billion […]
Investors are driving up shares of energy and materials companies in an otherwise rocky month for the stock market, betting that inflation will accompany swift economic growth. The two commodity-linked groups are leading the S&P 500’s 11 sectors in May, with respective gains of 10% and 6.9%. The broad U.S. stock index, meanwhile, is down […]
In discussions about China’s frothy real-estate market, the country’s parlous demographics are often raised as a looming threat. As the national population begins to decline in the coming years, won’t the market lose some steam? Perhaps not—at least in the places foreigners are most inclined to watch. One way of thinking about the question is […]
At Home sells furniture, décor and other home goods in more than 200 stores in 40 states. Photo: Paul Bersebach/SCNG/Zuma Press The largest shareholder of home-furnishings chain At Home Group Inc. HOME 3.94% plans to oppose a deal to take the retailer private because it says the sale price is too low, according to a […]
Cryptocurrencies are exploding—and so is the Internal Revenue Service’s pursuit of Americans who aren’t paying taxes on them. With Tax Day approaching, it’s a good time to clean up your act if you’ve been lax about taxes on crypto. Not doing so could compound future tax problems, especially if you have traded a lot or […]
Hearing-care services provider Hear.com NV and communication-technology company Zenvia Inc. postponed their initial public offerings due to the choppy stock market, people familiar with the matter said. Both Hear.com and Zenvia were set to price their offerings Thursday and start trading Friday. Their timelines are now in flux, the people said. On Wednesday, private mortgage-insurance […]
A crypto farm in Cluj-Napoca, Romania, last year. Photo: Akos Stiller/Bloomberg News We have all found money in the couch. Now people are mistaking a couch for money. Ethan Allen Interiors, ETH 1.92% a furniture company that definitely won’t let you pay in bitcoin, has seen a surge of retail-investor interest recently. Its ticker symbol, […]
