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Why General Electric Stock Dropped 6% This Morning
Why General Electric Stock Dropped 6% This Morning

Shareholders of General Electric (NYSE: GE) probably expected a big boost to their stock price on Wednesday, after the company made some pretty positive pronouncements in an investor update on its

Why Oasis Petroleum, SM Energy, and QEP Resources All Fell Sharply Today
Why Oasis Petroleum, SM Energy, and QEP Resources All Fell Sharply Today

Shares of U.S. exploration and production company Oasis Petroleum (NYSE: OAS) fell as much as 36% in early trading on June 10. QEP Resources (NYSE: QEP) dropped 33% and SM Energy (NYSE: SM) fell a

AbbVie's Humira on Steroids (Literally) Treats Rheumatoid Arthritis Better Than the Original
AbbVie's Humira on Steroids (Literally) Treats Rheumatoid Arthritis Better Than the Original

AbbVie (NYSE: ABBV) has a solution for the loss of patent protection on its blockbuster drug Humira: ABBV-3373, a souped-up version of the monoclonal antibody that's quite literally Humira on

New Gold Rises as Much as 12.9% on Series of Financing Deals
New Gold Rises as Much as 12.9% on Series of Financing Deals

Shares of New Gold (NYSEMKT: NGD) rose as much as 12.9% today after the company continued efforts to improve its balance sheet. Earlier this week, the gold miner announced the sale of the

Tesla Loses Top Exec Who Led the Company's Chinese Expansion
Tesla Loses Top Exec Who Led the Company's Chinese Expansion

Late Tuesday evening, Tesla's (NASDAQ: TSLA) Vice President of Business Development Robin Ren updated his LinkedIn profile, listing June 2020 as the end date of his position at the electric

Why Airline Shares Are Down Again Today
Why Airline Shares Are Down Again Today

Airline stocks, after boasting substantial gains last week, have done a U-turn in recent days, with a prominent Wall Street analyst warning on Wednesday that last week's rally on potential good news

Here's Why Wells Fargo Is Plunging on Wednesday
Here's Why Wells Fargo Is Plunging on Wednesday

The stock market was having a moderately weak day on Wednesday, with the Dow Jones Industrial Average and S&P 500 down by 0.4% and 0.2%, respectively, as of 1:40 p.m. EDT, while investors were

J.C. Penney Ordered to Pay $250,000 to Shareholder Group
J.C. Penney Ordered to Pay $250,000 to Shareholder Group

Maneuvering continues among various parties as J.C. Penney (NYSE: JCP) attempts to navigate its recent Chapter 11 bankruptcy and emerge on the other side as a viable, operational retailer. In the

Why Starbucks Stock Dropped Today
Why Starbucks Stock Dropped Today

Shares of Starbucks (NASDAQ: SBUX) have dropped today, down by 4% as of 2:30 p.m. EDT, after the company said revenue in the fiscal third quarter would take a hit of $3 billion to $3.2 billion due

Should You Sell Biogen Stock?
Should You Sell Biogen Stock?

Biogen (NASDAQ: BIIB) has taken its shareholders on a roller-coaster ride over the past year or so, and more potential trouble is on the horizon for the biotech. Given that, now may be a good time

Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Sank Today
Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Sank Today

Cruise ship stocks fell on Wednesday as the number of COVID-19 cases rose in multiple U.S. states and international markets. As of 2:55 p.m. EDT, shares of Norwegian Cruise Line Holdings (NYSE:

7 Oil Stocks Getting Hammered on This Bad News
7 Oil Stocks Getting Hammered on This Bad News

Just when investors were starting to think the oil market would only get better from here, the U.S. Energy Information Administration had to go and ruin the fun with facts. On Wednesday, the Weekly

Cheetah Mobile Inc. (CMCM) Q1 2020 Earnings Call Transcript
Cheetah Mobile Inc. (CMCM) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool.

Cheetah Mobile Inc. (NYSE: CMCM)Q1 2020 Earnings CallJun 10, 2020, 8:00 a.m. ET

Operator

Continue reading

Source Fool.com

Starbucks Offers Nationwide Delivery for Its New Summer Menu
Starbucks Offers Nationwide Delivery for Its New Summer Menu

As Starbucks (NASDAQ: SBUX) announces a new focus on developing its digitally powered options, it's also offering delivery in all 48 states where both Starbucks and Uber (NYSE: UBER) Eats operate

Oil Report: Crude Inventories Climbed Almost 10 Million Barrels Last Week
Oil Report: Crude Inventories Climbed Almost 10 Million Barrels Last Week

The U.S. Energy Information Administration released its Weekly Petroleum Status Report on June 10. According to the data, the amount of crude oil, and refined products in U.S. commercial storage

The Federal Reserve's June Meeting Gives Hope for a V-Shaped Recovery -- Here's Why
The Federal Reserve's June Meeting Gives Hope for a V-Shaped Recovery -- Here's Why

The Federal Open Markets Committee, the policy-making arm of the Federal Reserve, just met for the first time since the U.S. economy started to reopen and for the first time since the blowout May

3 Key Takeaways From Canada Goose's Earnings Report
3 Key Takeaways From Canada Goose's Earnings Report

The fiscal 2020 fourth-quarter earnings report Canada Goose Holdings (NYSE: GOOS) delivered on June 3 showed the apparel retailer actually doing well. Its performance was far better than most

Why TripAdvisor Stock Fell Today
Why TripAdvisor Stock Fell Today

Shares of TripAdvisor (NASDAQ: TRIP) have fallen today, down by 4% as of 2 p.m. EDT, after the company released the results of a study around the COVID-19 pandemic's impact on the travel industry

Goldman Sachs' Digital Bank Marcus Halts New U.K. Savings Accounts After Rapid Growth
Goldman Sachs' Digital Bank Marcus Halts New U.K. Savings Accounts After Rapid Growth

Goldman Sachs' (NYSE: GS) digital banking arm, Marcus, has been so successful at growing its savings accounts business in the United Kingdom that is has had to stop accepting applications for new

Why United Natural Foods Stock Was Falling Today
Why United Natural Foods Stock Was Falling Today

Shares of United Natural Foods (NYSE: UNFI) tumbled today after an otherwise strong earnings report wasn't enough to justify the stock's monster gains during the pandemic (shares were up nearly 200%

Apple to  Launch Mac Trade-In Program in its Stores Next Week
Apple to Launch Mac Trade-In Program in its Stores Next Week

Apple (NASDAQ: AAPL) is extending its in-store trade-in program to cover Mac computers for the first time. 

Starting next week, retail customers across the U.S. and Canada will be able to come into

Why American Eagle Outfitters Outdid Its Peers
Why American Eagle Outfitters Outdid Its Peers

While some apparel and footwear companies saw their profits, revenues, and stock prices hammered deep into negative territory by the COVID-19 pandemic, a handful of others, including American Eagle

Boeing Hopes to Complete Key 737 Max Test Flight in June
Boeing Hopes to Complete Key 737 Max Test Flight in June

Boeing (NYSE: BA) is reportedly pushing to complete a recertification flight for its grounded 737 Max before the end of the month, keeping the plane on track to reenter service later this summer.

Why Overstock Shares Jumped Today
Why Overstock Shares Jumped Today

Shares of Overstock (NASDAQ: OSTK) have jumped today, up by 8% as of 1:45 p.m. EDT, after the company said that its tZERO ATS cryptocurrency trading platform saw record engagement last month. The

Why Macy's, Nordstrom, and Kohl's Stocks Are Sinking Today
Why Macy's, Nordstrom, and Kohl's Stocks Are Sinking Today

Shares of several department store chains were trading lower on Wednesday amid a broad market decline, as rising rates of COVID-19 infections in some parts of the United States had investors