Events
Inflation Good, Inflation Bad: Price Spirals Are Splitting Consumer Stocks

Inflation Good, Inflation Bad: Price Spirals Are Splitting Consumer Stocks

It's the best of times and worst of times for consumer stocks, thanks to the fastest inflation in 40 years. Companies like Kraft Heinz (KHC), Tyson Foods (TSN) and Kellogg (K) have advanced in the last two weeks. In the process they've bucked a selloff in the broader...

Where Does the Economy Stand With the Fed Tapering? Check Out These 7 Charts

Where Does the Economy Stand With the Fed Tapering? Check Out These 7 Charts

The Federal Reserve deployed historic supports to the economy during the coronavirus pandemic. This week it took major steps toward removing the stimulus by tapering asset purchases more quickly. Policymakers also moved forward interest-rate increases, signaling three...

Olaplex and On: Recent IPOs Pull Back After Their Debut Quarterly Reports

Olaplex and On: Recent IPOs Pull Back After Their Debut Quarterly Reports

The IPO market is setting new records as 2021 nears and end. Today we'll review some recent deals, including three companies that issued results for the first time. On Holding (ONON) is one of the biggest movers in recent weeks. The Zurich-based sneaker company went...

Rivian Goes Public in Hotly Anticipated Electric Truck IPO

Rivian Goes Public in Hotly Anticipated Electric Truck IPO

Electric vehicles have surged lately, and today brings another key milestone: Rivian Automotive's initial public offering. The company first proposed a share price of $57 to $62. Strong demand let the underwriters boost the range to $72 to $74. It priced even higher...