by Jamie Johnson | Aug 5, 2019 | Markets
Shares of Apple fell 5% after the latest U.S.-China trade war escalation. On Monday, the Dow Jones Industrial Average fell by 700 points and the S&P 500 fell 2.7%. This puts the Dow on track for its worst-performing day of 2019. Stocks fell across the board,...
by Jamie Johnson | Aug 2, 2019 | Markets
The company reported gains in revenue and earnings but lowered its profit outlook. 2019 has been a year of solid growth for the e-commerce company Etsy. The company serves a niche market of buyers and sellers and has seen its shares rise more than 47% in 2019. ...
by Jamie Johnson | Aug 1, 2019 | Markets
The company saw sales of its Versa Lite smartwatch fall during the second quarter. This week, Fitbit saw its shares plummet after releasing its second-quarter earnings report. The company cut its revenue guidance for the rest of the year, blaming this on...
by Jamie Johnson | Jul 31, 2019 | Markets
Apple increased its revenue as well as its fourth-quarter guidance. Apple’s shares rose more than 4% after releasing a better-than-expected earnings report. The company’s revenue increased after being down for the last two quarters and the company reported...
by Jamie Johnson | Jul 30, 2019 | Markets
Pfizer plans to divest part of its business and merge with the drug company Mylan. Over the weekend, the Wall Street Journal reported that a deal was in the works between the pharmaceutical company Pfizer and the generic drugmaker Mylan. And on Monday, Pfizer...
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