J.C. Penney Reports Mixed Second Quarter Results, Stock Enters into Free Fall
Friday is yet another busy day for the retail sector. Before the market opened this morning, J.C. Penney Company (NYSE:$JCP) posted a mixed second quarter report, causing its stock to free fall. Due to the ... [Read]
Amazon Signs Walking Dead Producer Skybound Entertainment
Streaming services are having a very exciting week, and Amazon (NASDAQ:$AMZN) is once again making moves, as the company closed things off with a game-changing announcement, signing Robert Kirkman, the creator of The Walking Dead, ... [Read]
Camping World Stock Surges After Posting Strong Second Quarter Earnings
One of Friday’s most advanced stocks on the New York Stock Exchange was Camping World Holdings (NYSE:$CWH). I suppose that’s what happens when your second quarter earnings surpass the market’s expectations on both the top and ... [Read]
CNN Cuts Ties with Jeffrey Lord After Offensive Nazi Reference Tweet
On Thursday, hours after Jeffrey Lord sparked controversy by tweeting the words “Sieg Heil!” at a high-profile liberal activist, CNN severed ties with the conservative commentator. In a statement, a CNN spokesperson said, “Nazi salutes ... [Read]
Amazon Looking to Venture Owners for Help Breaking Into U.S. Ticketing Market
If you’re a retail investor, as well as a fan of Amazon, you’ll get a kick out of today’s news. Four separate sources have informed Reuters that Amazon Inc. (NASDAQ:$AMZN) is looking to partner with ... [Read]
Blue Apron CEO Still Optimistic Despite Polarizing Earnings Results
In an interview with CNBC on Thursday, Matthew Salzberg, Blue Apron CEO, details why he is still very optimistic about the company’s direction despite suffering from another lackluster quarterly earnings results. Although the company beat ... [Read]
Planet Fitness Shares Increase After Strong Second Quarter Results
There are two things we need in this life to keep us sane: travel and leisure. And for some, instead of traveling, they turn to fitness as their leisure. If you are one of those ... [Read]
Here’s Why Macy’s Stock is Tumbling Today
Shares of department store chain Macy’s (NYSE:$M) tumbled today. Even though the company posted better-than-expected earnings this morning, guidance was not enough to offset all of the pessimism circulating the industry. As of 11:32 a.m. ... [Read]
New SEC Filing Confirms Staples Will Split into Three Independently-Run Businesses
On Thursday, new regulatory documents filed with the US Securities and Exchange Commission (SEC) confirmed that Staples, Inc. (NASDAQ:$SPLS) will be splitting into three independently-run businesses after private equity firm Sycamore Partners acquires it. The ... [Read]
Tesla Is Working On Autonomous Driving Technology That Will Also Allow “Platooning”
According to Reuters, which references an email discussion between Tesla (NASDAQ:$TSLA) and the Nevada Department of Motor Vehicles (DMV), Tesla has been developing a long-distance all-electric semi-truck that is fully autonomous, and capable of travelling ... [Read]