Articles by Tony Jackson
-
Flex Ltd. Stock Explodes 32% on Record Earnings, Guidance Raise and Cloud Spin-Off Plan
NEW YORK — Flex Ltd. (NASDAQ: FLEX) shares skyrocketed more than 32% in early trading Wednesday, surging to $127.45 after the global manufacturing and technology solutions provider reported record fourth-quarter and fiscal 2026 results, significantly raised its full-year outlook, and announced plans to spin off its high-growth Cloud and Power Infrastructure segment into a new independent publicly traded company.
-
GameStop Stock Climbs as Meme Favorite Eyes $56B eBay Takeover in Bold Ryan Cohen Move
NEW YORK — GameStop Corp. shares rose more than 1% in early trading Wednesday, May 6, 2026, holding near $24.48 as investors digested the video game retailer's audacious unsolicited bid to acquire eBay for approximately $56 billion, a move that has reignited meme-stock frenzy and debate over CEO Ryan Cohen's ambitious vision.
-
Walmart Costco Self-Checkout Overhaul: Why Big Retailers Are Ditching Machines Amid Theft & Frustration
PHILADELPHIA — Walmart is stripping self-checkout kiosks from more stores and bringing back cashier lanes, joining a growing retail shift that includes Costco's push for faster, staff-assisted scanning as theft concerns and customer complaints mount nationwide.
-
Tesla Stock Dips Slightly to $390 as Robotaxi Hype Builds Ahead of Major August Unveiling
NEW YORK — Tesla Inc. shares edged lower by 0.16 percent to $390.20 in midday trading Monday, May 4, 2026, as investors paused following recent gains and positioned for upcoming catalysts including the company's highly anticipated robotaxi event scheduled for August.
