News
4 Things to Know About IBM's Spin-Off Plans
IBM's (NYSE: IBM) stock recently rallied after the tech giant announced it would spin off its managed infrastructure services unit into a new company. That split will enable IBM to divest its
Disney's Reorganization Could Make It Look More Like a Tech Company
Disney (NYSE: DIS) is in a world of hurt this year, but there is hope. Theme parks, movie theaters, and sporting events are operating on a limited basis at best. However, the company's
Why Fastly Stock Popped Today
Shares of Fastly (NYSE: FSLY) rose today after an analyst at Piper Sandler reiterated a neutral rating for the company's stock, but said that the company's recent acquisition could also help
Twilio Expands Its Ecosystem With a $3.2 Billion Acquisition
Twilio (NYSE: TWLO) stock recently rose after the cloud platform provider agreed to buy Segment, a customer data platform, for $3.2 billion in stock. Twilio expects the acquisition, which should
Industrial Stocks Could Surge During Earnings Season
Business surveys and anecdotal evidence are pointing toward the possibility of some upside surprise for the industrial sector in the third and fourth quarter. There's a strong case that some
Amazon Abandons One of its Biggest Video Game Projects
Amazon (NASDAQ: AMZN) recently pulled the plug on Crucible, a high-budget video game it had been developing for six years, stating it didn't see a "healthy, sustainable future ahead" for the
Tesla Makes Another Model S Price Cut
Tesla's (NASDAQ: TSLA) cars just keep getting cheaper. That's good for consumers, but it may not be so good for Elon Musk's electric car company, currently the most valuable automaker in the world.
Did Disney Just Hammer the Last Nail in AMC's Coffin?
No one is going to feel the sting of Walt Disney's (NYSE: DIS) massive reorganization like your local multiplex operator. Disney's decision to optimize the monetization of content means that it will
Why Loop Industries Crashed Almost 40% Today
Shares of Loop Industries (NASDAQ: LOOP) tanked as much as 39% this morning, and remain lower by 36% as of 11 a.m. EDT. The plastic recycling technology company was the subject of a new report by
Sales of Luxury Homes Soar as Low Rates, Stay-at-Home Shoppers Fuel Market
Sales of high-end homes climbed 41.5% year over year in the third quarter, according to online real estate broker Redfin (NASDAQ: RDFN), the largest year-over-year jump since at least 2013.
In a
As Royal Caribbean Burns Through $250 Million a Month, It Seeks to Raise $1 Billion in Stock and Debt
Royal Caribbean (NYSE: RCL) continues to be storm-tossed by the coronavirus pandemic. Although its 2021 bookings continue to improve, the cruise ship operator is still burning through cash at a rate
Why AMC Entertainment Stock Nose-Dived 11% at the Open Today
Shares of movie theater operator AMC Entertainment (NYSE: AMC) fell 11% out of the gate on Oct. 13. Although it quickly recovered some ground, the stock was still lower by around 8% at 10 a.m. EDT
Why Ethan Allen Interiors Stock Popped 12% After Earnings Preannouncement
Share of furniture maker Ethan Allen Interiors (NYSE: ETH) rushed out of the doors Tuesday morning and are up 12% already as of 10 a.m. EDT. The company's shares were buoyed by a business update and
3 Reasons Social Security Fears Are Overblown
Social Security is at a major tipping point. We're living longer and having fewer children than previous generations did. As a result, Social Security will start paying out more than it's taking in
Why Vaxart Stock Is Jumping Today
Shares of Vaxart (NASDAQ: VXRT) were jumping 8.5% higher as of 10:39 a.m. EDT on Tuesday after rising as much as 19.6% earlier in the day. The big gain came following the company's announcement that
Why Beyond Meat Stock Dropped Today
Shares of Beyond Meat (NASDAQ: BYND) dropped today after Bernstein analyst Alexia Howard said it will underperform the market and lowered the stock's price target. This reputable analyst's bearish
JPMorgan Chase Third-Quarter Earnings Far Exceed Expectations
JPMorgan Chase (NYSE: JPM), America's largest bank, blew past analysts' earnings expectations for the third quarter in what is a promising start to bank earnings season.
The bank today reported net
Here's How Many People Were Playing "Fortnite" on iPhones
It's now been about two months since Apple (NASDAQ: AAPL) kicked Fortnite out of the iOS App Store, which was triggered by Epic Games turning on a direct payment system that allowed users to bypass
Forget Tesla: This EV Stock Has Better Growth Potential
Tesla (NASDAQ: TSLA) has taken the investing world by storm this year. Shares of the top electric-vehicle maker have jumped more than 400%, at one point becoming the seventh most valuable American
3 Things You'll Want to Know When P&G Announces Earnings
The coronavirus pandemic is having mixed effects for Procter & Gamble (NYSE: PG). The company is home to some of the most popular consumer packaged goods (CPG) brands globally, including Tide
Delta Posts Massive $6.9 Billion Third-Quarter Loss
Delta Air Lines (NYSE: DAL) reported today that it lost $6.9 billion in the third quarter, worse than what analysts expected, as the coronavirus pandemic continues to take its toll on the aviation
Analyst Sees Apple's New 5G iPhone Heading for Disappointment
Apple (NASDAQ: AAPL) is ready to debut its new 5G iPhone today, but one analyst thinks public reception to the newest model will be underwhelming.
Harsh Kumar, an analyst at Piper Sandler, says a
Is Disney World Really Operating at 25% Capacity?
Walt Disney (NYSE: DIS) is turning heads this week with its dramatic shift to consumer-direct content distribution, but a less publicized nugget out of CEO Bob Chapek on Monday afternoon was the
Is Beyond Meat Stock a Buy?
It's tough to ignore the fact that healthy lifestyles are very much in vogue these days. This movement started a couple of years ago but the recent COVID-19 pandemic has accelerated this trend as
Southwest Airlines Adds More Big Hub Airports to Its Route Network
Southwest Airlines (NYSE: LUV) made a name for itself in the 1990s and early 2000s by growing rapidly and offering low-fare, no-frills service. One of its standard strategies for keeping costs low