Chicago factory conditions stay solid in January

The Chicago PMI rose to 63.8 in January from a revised 58.7 in the prior month.

MarketWatch

AMC Looks to Cash In - Again - on Reddit-Fueled Price Rally

AMC Entertainment is looking to raise even more capital through yet another stock sale as it seeks to take advantage of this week's Reddit-fueled share-price rally.

TheStreet

Speculative Frenzy Spills Into Crypto as Bitcoin Tops $38,000

The speculative frenzy that’s gripped a host of left-for-dead retail stocks spilled into the crytpo world Friday, with Bitcoin surging as much as 16%.

Bloomberg

SIGN UP HERE: A conversation with Insider's markets gurus on the GameStop and Reddit-trader phenomenon

Join deputy editor Joe Ciolli and reporter Ben Winck on Tuesday as they discuss the Reddit-trader phenomenon, GameStop's rally, and how the trend could end.

Business Insider

How to get your affairs in order if your spouse is dying

Even in times of crisis, making sense of last wishes, estate documents and housework can make all the difference one day.

MarketWatch

Cognizant (CTSH) to Report Q4 Earnings: What's in Store?

Cognizant Technology Solutions CTSH is set to report fourth-quarter 2020 results on Feb 3. The Zacks Consensus Estimate for revenues is currently pegged at $4.2 billion, indicating a decline of nearly 1% from the figure reported in the year-ago quarter. The consensus mark for fourth-quarter earnings has remained unrevised at 90 cents per share over the past 30 days. The estimate suggests a year-over-year fall of 15.9%. Notably, the company beat...

Zacks.com

Honeywell Reports Earnings Beat, Issues Outlook In-Line With Estimates

Honeywell posts fourth-quarter adjusted earnings and sales that beat analysts' forecasts amid continued strong growth in warehouse automation and PPE sales.

TheStreet

Ark Mania Finally Fading After GameStop Fever Sweeps Wall Street

With all Wall Street eyes on GameStop Corp., a months-long obsession with Cathie Wood’s Ark Investment Management is finally showing signs of easing.

Bloomberg

Sea-Doo Maker Seeks Growth Beyond Fan Base After Pandemic Boom

The virus brought BRP Inc. an unexpected windfall, with throngs of first-time customers riding out the pandemic on Sea-Doos, snowmobiles and all-terrain vehicles. It’s betting that greener machines can help sustain the growth.

Bloomberg

U.S. Bank Stocks Have Gotten a Boost From Biden, But Will It Continue?

Bank stocks have far outpaced the broader S&P 500 since President Biden's election victory, but the road ahead will be tougher.

TheStreet

GameStop stock surges 70% as Robinhood lifts some trading restrictions

Shares of GameStop, AMC and other stocks rebounded Friday after Robinhood said it will resume limited trading.

USA TODAY

How Central Garden & Pet (CENT) Looks Ahead of Q1 Earnings

Central Garden & Pet Company CENT is likely to register top- and bottom-line growth when it reports first-quarter fiscal 2021 numbers on Feb 3, after the closing bell. The Zacks Consensus Estimate for revenues is pegged at $555.6 million, which indicates an increase of almost 15% from the year-ago quarter’s reported figure. Markedly, the company witnessed top-line growth of 25% in the last reported quarter. The Zacks Consensus Estimate for...

Zacks.com

Libor Trader Tom Hayes Set for Release After Nearly Six Years in Jail

Tom Hayes, the former UBS Group AG and Citigroup Inc. trader who became the face of the Libor scandal, was released Friday after nearly six years in prison.

Bloomberg

AMC, Koss, and other restricted Reddit stocks soar as Robinhood resumes limited trading

Trading for Koss, AMC, GameStop and other popular stocks will resume on Friday after Robinhood said it would lift restrictions on Thursday.

Business Insider

Global oil demand dropped 9 percent in 2020

WASHINGTON — The fallout from the coronavirus pandemic caused global oil demand to decline 9 percent in 2020, the biggest drop in at least four decades, according to an estimate by the Department of Energy. As governments worldwide restricted travel to try and slow the spread of the virus, demand for gasoline and other petroleum products cratered. For instance, U.S. gasoline demand dropped by close to 50 percent in March and April. "Global oil...

Houston Chronicle

Keith Gill drove the GameStop Reddit mania. He talked to the Journal.

Trader known as DeepF—ingValue on the WallStreetBets forum and “Roaring Kitty” on YouTube, helped turn the investing world upside down. “I didn’t expect this.”

The Wall Street Journal.

Why grocery chains are paying workers to get vaccinated, but other industries are lagging

Dollar General, Trader Joe’s, Aldi and Lidl, as well as Instacart, are offering bonuses of up to $200, flexible work schedules and paid time off to visit a vaccination site.

The Washington Post

Disruptor Alert: These 3 Companies Are Changing E-Commerce

E-commerce itself is a disruption, and these companies are taking it a step further.

The Motley Fool

Stocks slump after new vaccines prove less effective for some COVID-19 variants

Stock markets opened down Friday after two pharmaceutical companies said their vaccines were somewhat less effective against the South African strain of COVID-19.The Dow Jones Industrial Average dropped 375 points, or 1.2 percent, and the S&P 500 fell 37.5 points, or 1 percent.Johnson & Johnson announced Friday morning that their single-shot vaccine was 66 percent effective, but less effective against the South African strain.It did...

The Hill

Dow drops nearly 350 points on losses in Johnson & Johnson, Chevron stocks

MarketWatch