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Trump Taps Private Equity Investor Bill Pulte To Lead Federal Housing Finance Agency

Adam Eckert | January 16, 2025

President-elect Donald Trump announced plans Thursday to nominate private equity CEO Bill Pulte as director of the Federal Housing Finance Agency (FHFA). What To Know: If Trump’s selection is confirmed, Pulte will become the top housing regulator, overseeing mortgage giants Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC), which have been in conservatorship since the 2008 financial […]

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Kratos Defense Stock Is Rising Monday: What’s Going On?

Adam Eckert | January 6, 2025

Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) shares are trading higher Monday after the company was awarded a five-year government contract worth up to $1.45 billion. What Happened: Kratos said it was awarded a five-year OTA contract for the Multi-Service Advanced Capability Hypersonic Test Bed 2.0 under Task Area 1. If all options are exercised over a […]

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Kirkland’s Stock Is Moving Higher Monday: What’s Going On?

Adam Eckert | October 21, 2024

Kirkland’s Inc (NASDAQ:KIRK) shares are trading higher Monday after the company announced that Bed Bath & Beyond owner Beyond Inc (NYSE:BYON) will invest $25 million in the company. What Happened: Kirkland’s and Beyond, owner of Bed Bath, Overstock, Zulily and other online retailers, entered into a strategic partnership to leverage the strengths of each business […]

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Chewy Stock Is Sliding After Hours: What’s Going On?

Adam Eckert | September 19, 2024

Chewy Inc (NYSE:CHWY) shares are trading lower in Thursday’s after-hours session after the company announced a public offering by a selling stockholder and a concurrent share repurchase. What Happened: After the market close, Chewy announced an underwritten offering of $500 million of its common stock by Buddy Chester Sub LLC, which is an entity affiliated with funds […]

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What’s Going On With Peloton Stock Wednesday?

Adam Eckert | August 14, 2024

Peloton Interactive Inc (NASDAQ:PTON) shares are seeing increased attention Wednesday on what appears to be continued momentum following the company’s content distribution deal with Google’s Fitbit. What Happened: Peloton announced a multi-year content distribution partnership with Alphabet Inc (NASDAQ:GOOG) Tuesday afternoon to offer a wide portfolio of Peloton classes to Fitbit Premium users, starting in […]

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Bitcoin Mining Stocks Marathon Digital, CleanSpark And Riot Platforms Are Rising: What’s Going On?

Adam Eckert | July 11, 2024

Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), CleanSpark Inc (NASDAQ: CLSK) and Riot Platforms Inc (NASDAQ: RIOT) are rising Thursday as bitcoin bounces off recent lows. Here’s a look at what you need to know. What To Know: Bitcoin is up about 0.35% over the last 24 hours and has risen approximately 1.56% over the past week. The bounce back Thursday appears to be driving strength […]