Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Yum China's Pizza Hut Burger Bar expands fast as China's burger wars heat up
Yum China's Pizza Hut Burger Bar has surpassed 200 outlets in about six months and aims for 500-600 by end of 2026. The rapid expansion refl
Daniel Loeb's Third Point takes 20M-share stake in Warner Bros. Discovery
Third Point, run by Daniel Loeb, revealed a 20 million-share position in Warner Bros. Discovery in a quarterly filing. The stake puts the he
Big Funds Pause on AI and Megacap Tech Bets in Q2
Institutional investors hit pause on AI and megacap tech in Q2, with 13F filings showing balanced buying and selling. The shift suggests cau
Amapa Minerals debuts on TSX after first gold-producing quarter
Amapa Minerals Holdings capped its first gold-producing quarter with a C$140 million IPO on the Toronto Stock Exchange. The miner produced a
Viking Global exits Apple and Alphabet, boosts Amazon and Meta
Viking Global reshuffled its Big Tech holdings again, dumping Apple and Alphabet while adding to Amazon and Meta. The moves reflect a rotati
Tiger Global trims Microsoft and Meta, adds SpaceX stake
Tiger Global's quarterly filing reveals it cut Microsoft and Meta stakes while adding a new position in SpaceX. The moves signal a shift tow
Tier One Silver seeks up to C$17M to fund Ecuador exploration
Tier One Silver is raising up to C$17 million by selling units at C$0.07 each. The funds will go toward its Ruta de Cobre option and initial
YXT, KinderCare, Applied Materials tumble on weak updates
Three stocks fell sharply on company news: YXT.com priced a discounted share sale, KinderCare reported weak results and a softer outlook, an
Chinese tech stocks hit record valuations as AI frenzy grips retail investors
Chinese tech stocks have become the most expensive in the world, driven by a retail-led AI frenzy. The Star 50 index trades above 150 times
Wolverine's Saucony and Merrell gain share, UBS raises outlook
UBS says Wolverine World Wide's Saucony and Merrell are taking market share, and shares climbed over 5% Friday after the company slightly ra
Thrive Capital reveals $215 million Amazon stake in AI push
Thrive Capital, the venture firm led by Joshua Kushner, reported owning 904,038 Amazon shares worth $215.5 million as of June 30. The move h
Reddit's S&P 500 Debut Sends Stock Up 14% as Index Funds Prepare to Buy
Reddit is set to join the S&P 500, replacing AvalonBay Communities before trading opens on Aug. 18. The stock jumped 14% on the news, even a