News
BlackBerry Earnings: Growth Slows
Digital security company BlackBerry (NYSE: BB) reported its fiscal second-quarter results before the market opened on Tuesday. A deceleration in quarterly revenue growth and a more moderate view
Cannabis Stocks Plunge Following Analyst Warning
Marijuana stocks could face steep declines, according to analysts at the Canadian Imperial Bank of Commerce.
CIBC analyst John Zamparo believes sales projections for the cannabis industry are
Micron Technology Investors Should Brace for Bad Times
Investors have shown confidence in Micron Technology (NASDAQ: MU) stock this year. Micron stock has shot up more than 55% in 2019, as of this writing, as Wall Street is rooting for a second-half
Nike Accelerates Growth Despite Macro Challenges
Nike (NYSE: NKE) announced fiscal first-quarter 2020 results on Tuesday after the market closed, delivering better-than-expected revenue and earnings growth even amid heightened macroeconomic
More Utilities Getting Serious About Becoming Carbon-Neutral
Last year, Xcel Energy (NASDAQ: XEL) became the first utility to commit to reducing its net carbon emissions to zero by 2050. The company's bold goal now is spurring others in the sector to make
IHS Markit (INFO) Q3 2019 Earnings Call Transcript
2 Major Products Amazon Might Announce Tomorrow
Amazon.com (NASDAQ: AMZN) is hosting its annual fall product event tomorrow. Last time around, the company introduced a bona fide boatload of hardware, a staggering onslaught of new gadgets intended
The Square Stock Selloff is an Overreaction
Shares of Square (NYSE: SQ) have dropped 28% from the beginning of August after the company reported lower payment volumes than originally projected, in addition to an adjustment in net profit per
Facebook Makes Another Billion-Dollar Bet on AR/VR
If you thought Facebook (NASDAQ: FB) had forgotten about its investment in augmented reality (AR) and virtual reality (VR), yesterday's announcement that it's acquiring CTRL-labs should put that
Why Uxin Stock Slid Again Today
Shares of Uxin (NASDAQ: UXIN) fell on Tuesday for the second straight session, dropping 20% as investors are still digesting a complicated second-quarter earnings report from the Chinese online
How Spotify Investors Will Know If Its Podcast Strategy Is Working
Spotify (NYSE: SPOT) is spending $500 million on podcasting technology and content this year. It's acquired various media and tech companies as well as signed several celebrities to create exclusive
Why I Bought an iPhone 11
In early September, Apple (NASDAQ: AAPL) announced several new products, including multiple new iPhone models and a new Apple Watch. For the most part, product releases were in line with
Netflix Flops at the Emmys
On the surface, it looks as if Netflix (NASDAQ: NFLX) had a decent night at the 71st Primetime Emmy Awards Sunday night. The leading streamer came away with 27 trophies, second only to AT&T's (NYSE:
Amazon Vows to Beat a Paris Agreement Goal With a New Corporate Plan
Facing growing calls from employees to reduce its carbon footprint, Amazon (NASDAQ: AMZN) announced a sweeping climate-change plan that aims to achieve net-zero carbon emissions by 2040.
That's ten
What Happened in the Stock Market Today
News of an impending impeachment inquiry sent jitters through the market today and major benchmarks fell. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) opened
The Disney+ Hype Machine Is Just Getting Started
Ever since Walt Disney (NYSE: DIS) first announced plans for its new Disney+ service in late 2017, many industry watchers have understandably assumed the family-friendly streaming-media offering
Why BlackBerry, Tesla, and Lyft Slumped Today
Major benchmarks gave up ground on Tuesday amid investor pessimism about geopolitical conditions. Between possible impeachment proceedings and the potential for new escalation in trade disputes
Why Fresh Del Monte Produce, Myriad Genetics, and Jabil Jumped Today
Tuesday was a bad day on Wall Street, as political concerns weighed on investor sentiment. More hawkish rhetoric on the trade front and discussions of potential impeachment proceedings erased early
A Billion-Dollar Fine for Daimler's Diesel Woes
German prosecutors have fined automaker Daimler AG (OTC: DMLRY), the corporate parent of Mercedes-Benz, nearly a billion dollars to settle a probe into whether Daimler sold diesel-powered vehicles
Why Netflix Stock Fell Tuesday
Shares of Netflix (NASDAQ: NFLX) fell sharply on Tuesday, and were down about 5% as of 3:07 p.m. EDT.
The stock's decline comes amid a broader sell-off of growth stocks but is also likely fueled by
It's Odd to See Netflix Trading Lower in 2019
Netflix (NASDAQ: NFLX) shares have been rocked hard in recent months, but it wasn't until this week that the stock officially went underwater for the first time in 2019. The stock closed below last
Will Bed Bath & Beyond Be Taking More Big Write-Offs in Q3?
Bed Bath & Beyond (NASDAQ: BBBY) has written off almost $1 billion due to impairment charges related to its goodwill and brand over the first six months of its fiscal year. There should be more pain
FCC Accuses Sprint of Improperly Collecting Subsidies
Just when T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S) were feeling good about their proposed $26 billion megamerger -- the companies scored approval from the Department of Justice antitrust
Neogen Corp (NEOG) Q1 2020 Earnings Call Transcript
CarMax Wants to Change the Way People Buy Cars
For many people, buying a car is a harrowing experience; fears of getting tricked by overzealous salespeople make many would-be shoppers try to avoid vehicle purchases entirely. A host of different