Wal-Mart Reports Better-Than-Expected Earnings Report, Stock Soars
Is the retail sector making a comeback? Maybe that’s a little far-fetched, but at least Wal-Mart is still doing well for itself. On Thursday, Wal-Mart Stores, Inc. (NYSE:$WMT) posted better-than-forecasted U.S. comparable sales, due to ... [Read]
An E-Commerce Force To Be Reckoned With: JD.com Releases 3Q17 Earnings
Often falling under the shadow of Alibaba (NYSE:$BABA), JD.com (NASDAQ:$JD) has been the long-running Chinese e-commerce underdog. JD reported its 3Q17 earnings before market opening on Monday, November 13th, with results cheered by investors as ... [Read]
Coca-Cola Shares Increase Amid News That They Might Transition into Alcoholic Beverages
Shares of The Coca-Cola Company (NYSE:$KO) are on track for a breakout. Not only has Wells Fargo (NYSE:$WFC) upgraded the stock to outperform, but analyst Bonnie Herzog said in a note to clients that the ... [Read]
5 Companies Cut Ties with Fox News Host, Causes Social Media Reprisal
There was a flooding of counter-protests on social media Sunday after roughly five companies said over the weekend that they will no longer be advertising their products on Fox News “Hannity” TV show. For those ... [Read]
Warner Brothers Suspends Prolific Producer Amid Sexual Harassment Claims
Harvey Weinstein and Kevin Spacey aren’t the only ones being shunned by Hollywood. Over the weekend, a prolific Warner Brothers executive producer was suspended after 19 different women came forward accusing him of sexual harassment. ... [Read]
Alibaba Singles’ Day hauls in $12 Billion in first two hours
Today, on China’s “Singles’ Day” Alibaba (NYSE:$BABA), China made $5 billion in transactions in just fifteen minutes. This blew their past recorded figures of their one-day shopping event completely out of the water. Further, Alibaba ... [Read]
Uber to Work with NASA on Software for Flying Taxi
Uber has unveiled plans for a flying taxi. That’s right – the ride-hailing company (Privately-Traded) has announced that they will be joining NASA in developing software that will manage “flying taxi” routes. According to the ... [Read]
Macy’s Stock Increases on Earnings – But You Should Still Be Weary
For the most part, the retail sector has struggled for the majority of 2017. And yet, when Macy’s Inc. (NYSE:$M) reported its third-quarter earnings Thursday morning, the market seemed to really like what the Cincinnati-based ... [Read]
Starbucks Announces Two New Holiday Drinks
Looks like the holiday season is in full swing at Starbucks (NASDAQ:$SBUX). But are we really complaining? The coffee behemoth announced on Thursday that it has added two new holiday beverages to its menu. You ... [Read]
Twenty-First Century Fox Inc. Releases Quarterly Revenue Report, Beats Wall Street Expectations
Twenty-First Century Fox Inc. (NASDAQ:$FOX)’s quarterly revenue topped market estimates on Wednesday as higher advertising sales and revenue from traditional and online distributors boosted its cable business. Specifically, the company’s shares were up nearly 1% ... [Read]