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Over Half a Trillion Dollars Was Spent on Apple's App Store Last Year
Over Half a Trillion Dollars Was Spent on Apple's App Store Last Year

Apple (NASDAQ: AAPL) published a press release on Monday detailing milestone performance for its App Store in 2019. The announcement cited an independent study conducted by Analysis Group, which

This Acquisition by Fanduel's Parent Company Is Creating an Online Gambling Monster
This Acquisition by Fanduel's Parent Company Is Creating an Online Gambling Monster

Competition in the online gambling industry is heating up. In 2018, the U.S. Supreme Court cleared the way to allow legal sports gambling, and many states have already changed their local laws to

IBM To Acquire Spanugo
IBM To Acquire Spanugo

International Business Machines (NYSE: IBM) announced Monday that it will acquire the assets of Spanugo. Based in Santa Clara, Calfornia, Spanugo gives clients the capability to run workloads in the

Tesla Upgrades Model S Long Range Plus to Become First Electric Vehicle With EPA-Rated Range Over 400 Miles; Slashes Price $5,000
Tesla Upgrades Model S Long Range Plus to Become First Electric Vehicle With EPA-Rated Range Over 400 Miles; Slashes Price $5,000

North American models of the Model S Long Range Plus are going farther than any electric vehicle has gone before -- and for less money, too. Tesla (NASDAQ: TSLA) revealed in a blog post on its

Walmart's Tapping Shopify Sellers to Compete With Amazon
Walmart's Tapping Shopify Sellers to Compete With Amazon

Walmart (NYSE: WMT) and Shopify (NYSE: SHOP) are teaming up to give select Shopify sellers the ability to list items on Walmart.com. Walmart's online marketplace is growing quickly -- faster than

Axon Enterprise Goes to Market With New Stock Flotation
Axon Enterprise Goes to Market With New Stock Flotation

Axon Enterprise (NASDAQ: AAXN) is in capital-raising mode. The law enforcement equipment supplier announced that it has launched a public offering of 3 million shares of its common stock. In its

Why Centennial Resource Development Shot Higher Early on June 16
Why Centennial Resource Development Shot Higher Early on June 16

Shares of onshore U.S. exploration and production company Centennial Resource Development (NASDAQ: CDEV) shot higher at the open Tuesday, gaining nearly 20% in the first few minutes of the trading

May Retail Sales Make Record Jump
May Retail Sales Make Record Jump

Customers are desperate to get back to spending. That became obvious when the U.S. Department of Commerce released May retail sales numbers Tuesday morning, showing a 17.7% surge in retail sales.

United Gets Tough on Passengers Who Don't Wear Face Masks
United Gets Tough on Passengers Who Don't Wear Face Masks

United Airlines Holdings (NASDAQ: UAL) said Tuesday it would ban passengers who refuse to wear face masks on flights, part of a broader effort by major airlines to crack down on travelers not taking

Will Netflix Stock Burn Investors Next Month?
Will Netflix Stock Burn Investors Next Month?

One of this year's more compelling comeback stories is Netflix (NASDAQ: NFLX). The leading premium streaming video service saw its shares come under pressure last year when rival platforms entered

Why Nikola Stock Is Down Today
Why Nikola Stock Is Down Today

Shares of electric-truck start-up Nikola (NASDAQ: NKLA) were trading lower on Tuesday, after the company notified regulators that a whole lot of stock held by insiders could hit the market before

Why Clear Channel Outdoor Holdings Stock Was Rising Today
Why Clear Channel Outdoor Holdings Stock Was Rising Today

Shares of Clear Channel Outdoor Holdings (NYSE: CCO) were going up on Tuesday, a day after the company announced it amended its credit agreement. By itself, that news probably isn't enough for the

Investing Lesson: How I Made a 250% Return in MercadoLibre Stock
Investing Lesson: How I Made a 250% Return in MercadoLibre Stock

As an investor starting out, it's hard to differentiate good investments from the great ones. But as investors gain more experience, it becomes easier to recognize the gems. Finding great stocks is

Nikola Insiders File to Sell 53.4 Million Shares
Nikola Insiders File to Sell 53.4 Million Shares

Electric truck manufacturing start-up Nikola Corporation (NASDAQ: NKLA) saw its stock rocked in after-hours trading Monday. Immediately after the company filed notice with the SEC of insider

Why Ford Stock Is Rising Today
Why Ford Stock Is Rising Today

Shares of Ford Motor Company (NYSE: F) are rising today, up by 4% as of 10:15 a.m. EDT, amid a broad market rally following a report that U.S. retail sales rose much more than expected in May. 

The

Tanger Factory Outlet Says Weekly Traffic Is at 90% of Year-Ago Levels
Tanger Factory Outlet Says Weekly Traffic Is at 90% of Year-Ago Levels

In a sign that consumers are coming back, Tanger Factory Outlet Centers (NYSE: SKT) said in a business update that 90% of its occupied stores are now open where in-store retail has been allowed

Report: Chesapeake Energy is on the Verge of Filing for Bankruptcy
Report: Chesapeake Energy is on the Verge of Filing for Bankruptcy

Chesapeake Energy (NYSE: CHK) is preparing to file for bankruptcy within the next week, according to a report by Reuters. The company could file as soon as Thursday, though it's negotiating with

T-Mobile Users Suffered 12-Hour Voice and Text Outage On Monday
T-Mobile Users Suffered 12-Hour Voice and Text Outage On Monday

The T-Mobile (NASDAQ: TMUS) network suffered a long outage on Monday. Millions T-Mobile and Sprint subscribers across the country were unable to make or receive voice calls and SMS texts for a

Big Lots May Buy Back Stock With Sale-Leaseback Proceeds
Big Lots May Buy Back Stock With Sale-Leaseback Proceeds

Off-price retailer Big Lots (NYSE: BIG) announced it has completed the $725 million sale-leaseback transaction for four of its distribution centers and is ready to use a portion of the proceeds from

Moderna Seals Deal to Supply Israel with Coronavirus Vaccine
Moderna Seals Deal to Supply Israel with Coronavirus Vaccine

Many of the companies working to develop SARS-CoV-2 coronavirus vaccines aren't waiting around for clinical trials to be complete or government regulators to give their approval. They're ramping up

These 4 Companies Will Be the Biggest Winners If Manufacturing Moves Back to the U.S.
These 4 Companies Will Be the Biggest Winners If Manufacturing Moves Back to the U.S.

The negative effects of the U.S. trade conflict with China and the COVID-19 pandemic have put reshoring firmly on the agenda for many manufacturing companies. After all, if you've been hit with

Why ExxonMobil Stock Jumped 5% This Morning
Why ExxonMobil Stock Jumped 5% This Morning

Shares of integrated energy giant ExxonMobil (NYSE: XOM) rose 5% out of the gate on June 16. That's the exact opposite of how the day started out on June 15, when the stock dropped sharply at the

Why NIO Stock Is Up Today
Why NIO Stock Is Up Today

Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading higher on Tuesday morning, after the company announced that it successfully raised over $400 million via a secondary stock

Big Lots Says Sales Growth Is Spiking Through Mid-June
Big Lots Says Sales Growth Is Spiking Through Mid-June

On Tuesday, Big Lots (NYSE: BIG) issued an encouraging operating update as part of its announcement that it has raised over $500 million in cash.

The home furnishings retailer said comparable-store

McDonald’s U.S. Comps Sharply Rebound as International Markets Lag
McDonald’s U.S. Comps Sharply Rebound as International Markets Lag

The second quarter looks like it's shaping up to be a horrible one for McDonald's (NYSE: MCD), as the fast food giant reported comparable store sales have plunged 30% so far in the period. 

Yet it