Chewy

GameStop Corp. (NYSE:GME) shares dipped by 7% in pre-market trading following the revelation by Keith Gill, also known as “Roaring Kitty,” of a 6.6% stake in Chewy Inc. (NYSE:CHWY). This news comes as Gill faces a new lawsuit alleging manipulation of GameStop’s stock. What...

Wednesday saw U.S. indices finishing positively, marked by the Dow Jones Industrial Average climbing by 1.03% to reach 39,512.13, while the S&P 500 showed an increase of 0.89% to settle at 5,224.62. Additionally, the Nasdaq experienced a rise of 1.25% to reach 16,369.41. Here are the top stocks...

U.S. stocks slipped into the red on Wednesday. The Dow Jones Industrial Average saw a decrease of 0.2% to 36,054.43, while the NASDAQ Composite experienced a dip, falling 0.40% to 14,146.71. The S&P 500 also witnessed a decline, dropping 0.39% to 4,549.34. Transitioning to individual stocks,...

Ryan Cohen, the executive chairman of GameStop Corp. took to X, formerly known as Twitter, to mourn the loss of his dog Tylee, who was the inspiration behind the creation of the online pet supplies store, Chewy, which he had founded at the age of 25. Cohen sold Chewy to PetSmart for $3.35 billion...

The five most heavily shorted large-cap companies on Wall Street at the end of April 2023 include an online pet food retailer, a web-based broadcaster, a health tech provider for seniors, a cryptocurrency exchange, and an electric carmaker. And no, the latter is not Tesla. Before...

Last week, the countdown to Friday was for a speech by Fed Chairman Jerome Powell. This week, the clock is ticking on an August jobs report that might help shape Fed policy and investors’ perceptions of the economy.  Powell’s speech last Friday appeared to get a bullish response...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work and learn...

So now we know what it takes to set a new record high: A big jump in consumer prices. That’s just being a bit facetious. A little inflation is often good because it can show strong trends in the economy. From what analysts have been saying, there’s plenty of pent-up demand for things...

The way things went on Wall Street Monday and Tuesday, it felt like the market got ahead of itself a little. About a week ahead, actually.  It’s a week from today when the Fed finishes its next meeting, and stocks generally trade in a narrow range right before that with no real direction...

This is an excerpt from Thursday's (6/3) Point of Sale retail supply chain newsletter sponsored by ArcBest. Plants are the new pets and pets are the new kids. This is the sentiment I hear often in my friend group and on social media. Younger generations are waiting longer to have children and...

Stuart Frankel & Co.'s Steve Grasso analyzed the stay-at-home trade stocks Wednesday on CNBC's "Power Lunch." Grasso said he would sell Netflix Inc (NASDAQ: NFLX). The stock is currently trading below its 200-day moving average of $515. And, it's the first...

It’s a new kind of “reopening trade” today as the Suez canal resumed traffic after a stuck container ship got freed. That could take pressure off of backed-up supply chains.  Major indices edged down overnight, and Tech shares took the worst of it amid rising Treasury yields...

 …and no one is around to hear it, does it make a sound? We may finally get our answer this week. Friday, we have Non-Farm Payrolls and Unemployment data, but markets are closed for Good Friday. Kind of an unusual situation; in fact, it’s the first time I can remember a closely-...

Benzinga has examined the prospects for many investor favorite stocks over the past week. This week's bullish calls included the iPhone maker and the king of e-commerce. A coronavirus play and the electric vehicle leader were among the bearish calls. Fears of a pandemic resurgence and other...