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Best Buy Shares Hit 52-Week High on Earnings
Best Buy Co. (NYSE: BBY) on Tuesday delivered earnings and revenue that beat analysts’ expectations,...
Google Stadia to Face Competition from Microsoft, Sony and Amazon
Alphabet Inc. (NASDAQ: GOOG) game streaming platform, Google Stadia, is now out and the reviews seem to...
Ford Announces its First All-Electric SUV
Ford Motor Co. (NYSE: F) on Thursday announced it will be unveiling its first all-electric SUV on November...
Alibaba Breaks Singles Day Sales Record
Shares of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) opened about 5% lower on...
Macy’s Announces Three-Year Strategy to Stabilize Profitability
Today, Macy’s Inc. (NYSE:M) announced its new three-year strategy to stabilize profitability and lead the fashion retailer to growth. The Polaris strategy follows a time when Macy’s struggled under declining mall traffic, caused by the rising...
Goldman Considers Small-Business Loans Deal With Amazon
Goldman Sachs Group, Inc. (NYSE: GS) is negotiating with Amazon.com, Inc. (NASDAQ: AMZN) about offering small- and medium-sized businesses loans in the United States on the e-commerce Company’s lending platform, reported the Financial Times this...
Home Prices Ramped Up in September
After home prices faltered for most of the year, home prices began to gain throughout September. On a national level, prices rose by 3.2% annually in September, up from a 3.1% gain in August, according to CNBC, citing the...
Bitcoin Prices Falter on China Crackdown
Bitcoin prices slumped on Friday after China’s central bank launched a crackdown on cryptocurrencies, warning of risks with issuing or trading them, according to Reuters. Bitcoin touched as low as USD 6,929 early morning on...
Gold Prices Modestly Gain on Tuesday
Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late afternoon sessions. Early morning on Monday, gold erased...
Trans World Entertainment Announces Plans to Sell FYE Chain for USD 10 Million
The Trans World Entertainment Corporation (NASDAQ:TWMC) announced today that its board of directors has agreed to sell the For Your Entertainment (FYE) segment for USD 10...
Central Banks Partner to forward Digital Currencies
On Tuesday, the European Central Bank announced that a group of central banks will join forces to forward central bank digital currencies (CBDC), amongst discussions about the...
Coca-Cola Foundation & Benioff Ocean Initiative Announce USD 11 Million Funding to Clean Up Rivers
The Benioff Ocean Initiative and The Coca-Cola Foundation, which is the global philanthropic arm of The Coca-Cola Company (NYSE:KO), announced today USD 11 million in funding...
CyberArk Announces Record Fourth Quarter and Full Year 2019 Results
Today, CyberArk (NASDAQ: CYBR) reported its record financial results for the fourth-quarter and full-year 2019. The Company further forecasted low estimates for the...
Simon Property Group to Acquire REIT Taubman Centers
On Monday, Simon Property Group Inc. (NYSE: SPG) announced it has agreed to acquire real-estate investment trust Taubman Centers Inc. (NYSE: TCO) in an all-cash deal valued at...
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Five Companies that Got Affected by the Coronavirus Outbreak
Since early January the world’s number one concern is the in China originated novel coronavirus, COVID-19.
Goldman Considers Small-Business Loans Deal With Amazon
Goldman Sachs Group, Inc. (NYSE: GS) is negotiating with Amazon.com, Inc. (NASDAQ: AMZN) about offering small- and medium-sized businesses loans in the United States on the e-commerce Company’s...
What Is the Coronavirus and Its Impact on Markets?
The answer is Industry 4.0, powered by 5G.
Mastercard Announces Fourth-Quarter and Full-Year 2019 Financial Results
Today Mastercard, Inc. (NYSE:MA) announced its fourth-quarter and full-year financial results for 2019 and beat Wall Street estimates. Mastercard shares were up 1% in premarket trading. The...
Staff Picks
Dow Surges to Record Highs After China cut Import Tariffs
U.S. markets continued their bullish run on Monday as the Dow Jones Industrial Average reached record-highs once again after gaining 114.73 points or 0.40% after China decided to cut import tariffs. The S&P 500 Index 4.88 points or 0.15%,...
Dow Jones Smashes Record Highs, Fourth Consecutive Week of Gains
U.S. markets have been bullish during the month of December. On Friday morning, the Dow Jones extended by 95.97 points or 0.34%, gaining over 1,100 points in the month of December so far. The S&P 500 Index edged higher by 13.41 points or...
Facebook and Instagram Influencers Can No Longer Promote Vaping
Instagram and its owner Facebook, Inc. (NASDAQ: FB) has banned the promotion of vaping, tobacco, and weapons on its platforms, reports CNBC. The promotion of vaping, tobacco, and weapons have been prohibited by Facebook and Instagram for a long...
Tesla Considering Lowering Prices of China-Built Model 3
Tesla, Inc. (NASDAQ: TSLA) is possibly considering cutting the price of its China-built Model 3 sedans by 20% or more next year, according to Bloomberg, citing sources familiar with the matter. Tesla shares were trading 2.01% or at USD 386.60...
Boeing Shares Slide After Temporarily Suspending 737 Production
Boeing (NYSE: BA) announced on Monday that it has decided to temporarily suspend the production of the 737 MAX aircraft until January. Boeing shares slipped by 4.3% at the opening bell on Tuesday. Reports emerged over the weekend that Boeing was...
U.S. Markets Reach All-Time High on Optimism Around U.S.-China Deal
U.S. markets continued its bullish run leading into Monday, lifted by upbeat optimism revolving around a possible U.S.-China trade deal. The Dow Jones was lifted by 126.94 points or 0.45% during late afternoon trading sessions on Monday. The...