US Markets

BOSTON - Melvin Capital, the hedge fund at the center of the GameStop GME.N trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday. The fund, founded by Gabe Plotkin, lost 7% in March, the source added, speaking on condition of anonymity

U.S. equity markets climbed to record highs Friday after producer prices spiked by the most in more than nine years.

Impossible Foods Inc is preparing for a public listing which could value the U.S. plant-based burger maker at around $10 billion or more, according to people familiar with the matter.

Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.

The S&P 500 rallied to record highs Thursday as Big Tech outperformed and as weekly jobless claims unexpectedly rose.

GameStop Corp. plans to elect activist investor Ryan Cohen as board chairman, the company said Thursday.

Investors are pouring money into the areas of the stock market that would benefit most from President Biden’s $2.25 trillion spending package.

U.S. equity markets slipped off record highs Tuesday as investors continue to weigh the possibility that Congress approves both President Biden’s $2.3 trillion infrastructure package and tax hikes.

U.S. equity markets hit record highs Monday after the March jobs report blew past expectations.

Tesla Inc. shares surged Monday after the electric-car maker reported first-quarter deliveries that signal a "green tidal wave" is headed for the industry, according to one Wall Street analyst.

GameStop Corp. plans to sell raise up to $700 million through a common stocks offering to capitalize on its soaring share price

Amazon-backed meal delivery service, Deliveroo, failed to impress investors in its U.K. stock market debut this week.

Tesla Inc.’s first-quarter deliveries outpaced Wall Street estimates in the face of supply-chain issues caused by COVID-19.

Tech stocks got off to a strong start in the second quarter even as weekly jobless claims rose.

Ties to Archegos has put Credit Suisse Group AG in the crosshairs with a key ratings agency raising the warning flag.

The Nasdaq and S&P 500 rallied Wednesday as details of President Biden’s $2 trillion infrastructure package were released on the final day of the first quarter.

Executives at Walgreens have said the company is prepared to vaccinate millions of Americans against Covid-19. Vaccinations have been ramping up around the country, with states expanding vaccine eligibility to more adults.

Experts boarded the massive container ship Tuesday that had blocked Egypt’s vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that could have billions of dollars in legal repercussions: What went wrong?

U.S. stock struggled Tuesday as bond yields reached a 14-month high ahead of President Biden later this week unveiling his $3 trillion infrastructure package.

GameStop Corp. shares rose Tuesday after the video-game retailer announced the appointment of a former Amazon executive to chief growth officer.