Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then
Bored Ape Yacht Club NFT collection once touted by celebrities like Justin Bieber has seen its floor price decline by around 90% since its peak in 2022.
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U.S. crude oil bounces after hitting seven-week low on surging U.S. inventories
Oil prices are under pressure from rising inventories, softening demand and higher for longer interest rates.
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5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day.
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Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.
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Wayfair shares surge 17% after furniture retailer cuts losses by more than $100 million
Wayfair’s sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.