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Weekend Stock Spotlight: Affirm, SoftBank And How Trump Documents Seizure May Impact Midterms

Benzinga reviews this weekend's top stories covered by leading media outlets, here are the articles investors need to read. In Barron's "At Last, Weight-Loss Drugs That Actually Work. They Could Be the Blockbusters of the Decade," Bill Alpert looks at new weigh-loss medications that could become the best-selling drugs in pharmaceutical history for Novo Nordisk A/S NVO and Eli Lilly And Company LLY.
STOCKS

Fox News Airs Morphed Photo Of Trump Search Warrant Judge With Ghislaine Maxwell

Fox News has been slammed for sharing a doctored photo of the federal judge who signed off on the recent FBI search of former President Donald Trump’s Mar-a-Lago property. In the news clip, Fox News aired a photo that replaced an old image of Jeffrey Epstein getting a foot massage from Ghislaine Maxwell with the body and face of the judge, the Guardian reported.
POTUS

Flutter Earnings Continue To Show FanDuel's US Dominance: What Investors Should Know About This OTC Stock

One of the leading online sports betting companies was the feature of the earnings report from European gaming company Flutter Entmt ADR PDYPY. What happened: Flutter issued its first half 2022 earnings report on Friday that showed revenues increased 10.9% year-over-year to $4.12 billion, aided in part by the success of the company’s sports betting segment in the U.S. led by its FanDuel subsidiary.
STOCKS

Berner Draws Huge Crowds In Miami For Cookies' Cannabis Dispensary Launch

Berner drew a huge and adoring crowd Saturday morning at the ribbon cutting ceremony of the new Cookies Miami dispensary where he soaked up some warm Florida affection. The rapper, Cookies’ founder and current Forbes cover star greeted the animated fans who gathered to welcome cannabis’ leading legacy brand to the Miami neighborhood.
MIAMI, FL

As Tesla Prepares To Split Shares, Here's A Look At How $1,000 Invested Each In Amazon, Alphabet Ahead Of Their 2022 Stock Splits Would Be Worth Today

Tesla, Inc.’s TSLA shares will begin trading on a split-adjusted basis on Aug. 25. Expectations are that the stock will trade up in the run-up to the split. Incidentally, two other big techs - Amazon.com, Inc. AMZN and Alphabet, Inc. GOOGL GOOG recently split their shares. Does the post-split trading in these stocks have any read across for Tesla?
STOCKS

There Is Still Time To 'Short European Assets,' Analyst Says, Points To Wage, Recession Data

Workers in the United Kingdom are set for the “worst real wage squeeze” among G7 nations, new Trade Union Congress (TUC) analysis of The Organization for Economic Cooperation and Development (OECD) figures revealed in mid-July, and one analyst thinks it’s safe to short European assets, like the Euro, — which shed nearly 10% of its value in 2022 — here’s why.
BUSINESS

Bulls and Bears Of The Week: NVIDIA, Tesla, GameStop, AMC, And Why Disney Could Run 40% Higher

Benzinga has examined the prospects for many investors' favorite stocks over the past week, here's a look at some of our top stories. The markets maintained an upbeat tone this week, as the S&P 500 notched its fourth consecutive weekly gain, adding 3.26% for the week. The Dow Industrials also had a positive week, closing 2.92% higher, while the Nasdaq Composite advanced by 3.08%.
STOCKS