Recession Fears Return as Manufacturing Contracts
Major indices are red. Investors are running to the exits, eyes covered. All as the Dow slips 330 points. The NASDAQ shed 88, as...
Forever 21 Files for Bankruptcy and Adds to Fears Over Retail Changes
This week the company announced it is filing for Chapter 11 bankruptcy protection. For many companies, it’s tough to be in the retail business right...
Brokerage Stocks Tumble as Charles Schwab Eliminates Commissions
Brokerage stocks are having one of their worst days on record. TD Ameritrade for example is down 21%, or $9.74 to just under $40. E-Trade...
Fake News: Trump Administration Was Not Considering Delisting Chinese Stocks
Reports that the Trump Administration is considering blocking the listing of Chinese companies on U.S. exchanges was apparently “fake news.” "The...
Bed Bath & Beyond Stock Upgraded Ahead of Second-Quarter Earnings
A Wedbush analyst upgraded the stock and raised its price target. Shares of Bed Bath & Beyond are up more than 5% on Monday morning after the...
WeWork Finally Pulls IPO Filing
Apparently, WeWork is still a slow-motion train wreck. Things are so bad it just pulled its S-1 filing to postpone its IPO. “We have...
Peloton Underwhelms Investors By Falling Below Its IPO Price
Shares of Peloton fell 11% after the company’s IPO on Thursday. This week, Peloton joined a growing list of companies that crashed at burned during...
Oil Slides on Iran Sanctions, and Cease Fire News in the Middle East
Iran’s Hassan Rouhani said the U.S. offered to remove sanctions in exchange for negotiations. However, that doesn’t appear to have been the...
Jefferies Analyst: Nike “Crushed It” With First-Quarter Earnings
The company’s shares soared after a positive earnings report. This week, Nike released its fiscal first-quarter earnings report and the results beat...
Beyond Meat (BYND) Explodes 15% on McDonald’s News
Beyond Meat (BYND) is rocketing on a major catalyst. Just this morning, McDonald’s (MCD) announced plans to test a plant-based burger using Beyond...
eBay Shares Fall After CEO Devin Wenig Steps Down
Devin Wenig steps down after serving as CEO of eBay for five years. On Wednesday, shares of eBay were hit after the company announced that CEO Devin...
Vaping Controversy: Phillip Morris and Altria Merger Goes up in Smoke
Apparently, dreams of vaping riches just went up in smoke. The fallout from the vaping controversy brought an unexpected end to a Phillip Morris...
Markets Fall as Democrats Float Possible Impeachment of President Trump
So much for market upside. Major indices are plunging after House Speaker Nancy Pelosi said she will make an announcement on potential...
3 Reasons Why Datadog is Outpacing Its IPO Price
The company has traded above its $27 IPO price since going public. Last Thursday, the cloud software service Datadog went public at $27 per share....
Markets Rise on Renewed Hopes for a U.S. China Trade Deal
The trade war has gotten very odd. Days ago, President Trump said he would be open to an interim trade deal with China. Markets then shot...