To The Moon

Sales fell off a cliff, and so did the stock price.

June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. init

A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r

Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.

12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio

Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.

U.S. stocks dropped to their session lows on Wednesday after the Federal Reserve raised its inflation expectations and moved up the time frame on when it will hike interest rates next.The Dow Jones Industrial Average fell 320 points. The S&P 500 traded 0.7% lower after hitting an all-time high in the previous session. The tech-heavy Nasdaq Composite erased earlier gains and traded 0.5% lower.Nine out of 11 S&P 500 sectors traded in the red, led to the downside by communication services and finan

It was "better late than never" for Novavax, Inc.NVAX, as the biopharma finally got around to announ

* Lordstown slumps after CEO, CFO resign * Tech-heavy Nasdaq outperforms S&P 500, Dow * Indexes: Dow