(Bloomberg) -- Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after high interest rates and the pandemic’s gnarled supply chain drained its cash, making its debts unsustainable. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyUS Inflation Slows, Giving Room for Fed to Pause Rate HikesPutin’s Economic Forum Puts Russia’s Isolation on...
Continue ReadingGoogle's latest effort to make sure that employees are in the office is getting criticized by some staffers, who say they're being treated like schoolchildren...
Continue ReadingAmazon and Apple have invested billions towards live sports, and Netflix is finally giving it a shot, at least in an exhibition format. Netflix is working toward creating a live streamed celebrity golf tournament that would feature professional golfers and Formula One drivers and would launch this fall, according to the Wall Street Journal...
Continue ReadingThe market's so fixated on the recent past of these companies that it can't price in their plausible futures...
Continue ReadingBerkshire has owned these stocks for years, but they could soon be at the forefront of artificial intelligence...
Continue ReadingRoku (NASDAQ: ROKU) and Shopify (NYSE: SHOP) are two of Cathie Wood's favorite long-term holdings. Both companies grew rapidly throughout the pandemic as consumers watched more streaming videos on Roku's devices and did more online shopping through Shopify-powered storefronts...
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Continue ReadingWhile it might be too early to call it a bull market, the Nasdaq Composite is surging this year, up 27% year to date. Keep reading to see two Nasdaq stocks that still have a lot of room to run. Roku (NASDAQ: ROKU) stock has collapsed since the pandemic-driven boom in streaming...
Continue ReadingMay 2023 CPI report indicated the slowest annual inflation since March 2021. Check out my investing ideas in energy, telecom and food stocks...
Continue ReadingThe Vanguard Mega Cap Growth ETF has doubled the returns of the S&P 500 since August. Read how stocks part of the MGK ETF are well positioned for AI revolution...
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