The Latest Breaking News from the Bear Cave

Last week, RCI Hospitality Holdings Inc. (NASDAQ:RICK) announced that its CEO and CFO, Eric Langan and Bradley Chhay, will be stepping down, marking the latest shake-up at the company hit by significant legal and regulatory turbulence over the past year.

Shares of DraftKings Inc (NASDAQ:DKNG) are in the spotlight on Thursday after research firm The Bear Cave published a new report detailing a growing competitive threat from prediction markets. Here’s what investors need to know.

Last week, The Bear Cave investigative financial newsletter warned of widespread pump-and-dump scams coordinated via WhatsApp groups and fake investment firms that target U.S.-listed Chinese stocks. 

If you recently invested in Pheton Holdings Ltd (NASDAQ:PTHL), The Bear Cave warns that you may have fallen victim to a pump-and-dump scheme.

What you need to know… On Friday the Labor Department reported March nonfarm payrolls, which showed that the U.S. economy added 236,000 jobs, which was near the 238,000 expectation. The unemployment rate ticked lower to 3.5% from 3.6%. The U.S. stock markets were closed on Friday in honor of the...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.74%. Stock indexes Thursday recovered from early losses and closed...