by Jamie Johnson | Aug 16, 2019 | Markets
The company reported huge revenue gains and losses. Rumors have been circulating for a while that WeWork was getting ready to file for its IPO and this week, it finally happened. The We Company, the parent company of WeWork, released an S-1 that contained information...
by Dorian Holden | Aug 16, 2019 | Markets
2019 has become the most delirious on record. With trade war barbs and yield curves inverting, most of us have no idea if we’re coming or going anywhere. Many investors have become so terrified, they’ve left the market altogether. Others have sought the safe...
by Dorian Holden | Aug 15, 2019 | Markets
Apparently, a yield curve inversion is no match for the U.S consumer. A day after markets plunged on a 2/10 yield inversion, markets are finding reason to rally thanks to the U.S. consumer and rising productivity. For one, U.S. productivity rose at a healthy 2.3%...
by Jamie Johnson | Aug 15, 2019 | Markets
The coffee chain’s second-quarter revenue fell short of investor expectations. Nicknamed the “Starbucks of China,” investors have high hopes for Luckin Coffee. Since its founding two years ago, the company has been all about fast growth. Luckin opened 3,000 stores...
by Jamie Johnson | Aug 14, 2019 | Markets
The stock fell more than 17% after the company lowered its full-year earnings guidance. Going into Macy’s second-quarter earnings report, investors didn’t have high hopes. The stock was already down 30% and retail department stores have been struggling with declining...
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