Investing

Nikola Corporation (NASDAQ:NKLA) is under immense pressure on being accused of making an ‘Ocean of Lies’ about its technology. The junior electric car company market sentiments have since turned sour on the founder and chairman Trevor Milton, stepping down as the allegations continue to get out of hand. Nikola Waning Confidence Short selling firm Hindenburg
0 Comments
Walmart Inc. (NYSE:WMT) is raising the minimum wage for its employees, even as the COVID-19 pandemic continues to take a toll on the traditional retail landscape. A good number of brick and mortar are struggling to stay afloat as the epidemic continues to disrupt shopping patterns. Amid the COVID-19 shocks, the nation’s largest retailer believes
0 Comments
The three major New York stock exchanges saw another decrease today, with the NASDAQ falling a total of 116.99, the Dow Jones 244.56, and the S&P 500 37.54. With the second straight day of decreasing stocks for all three New York exchanges, it’s difficult to say what the new week may bring. The NASDAQ closed
0 Comments
Midday sales for several of the top brands were dramatic through Thursday, including sales for companies such as Dave & Buster’s Entertainment, Domino’s Pizza, Herman Miller and Tesla, with several companies seeing dramatic increases while others fell. Stores and companies that saw their market revenue decrease included Tesla, Dave & Buster’s Entertainment, Snowflake and First
0 Comments
All three major stock markets saw a decrease today including the Dow Jones, NASDAQ and S&P 500 Indexes. These decreases represent a variation in stock prices with numbers rising and falling frequently throughout the day before hitting their ultimate closing prices. The Dow Jones reported a decrease of 130.4 points, representing a decrease of 0.47%.
0 Comments
The real estate industry seems to be doing well, given the amount of investments streaming into the sector. In the aftermath of the COVID-19 pandemic, investors have flocked the industry in pursuit of highly undervalued properties and investments. Berkshire Hathaway, which has been on an investment spree, is the latest to bet big on U.S.
0 Comments
Cryptocurrency mainstream adoption is gaining traction going by recent developments in the burgeoning sector. Bahamas is the latest country to affirm a strong interest in the blockchain revolution with plans to launch a national cryptocurrency. Bahamas National Cryptocurrency The Caribbean island nation has confirmed plans to launch a central bank-issued cryptocurrency in October. Sand Dollars
0 Comments
Amazon announced Monday that they would be adding to their streaming service with their own podcast service, which seems to have attracted investors away from other streaming services. In fact, Spotify shares have dropped each day since the Monday announcement, starting down an additional 6% on Wednesday. The market for podcasts is quite competitive, and
0 Comments
Strong demand for cloud-computing offerings amid the work-from-home spectacle is poised to give rise to one of the biggest Initial Public Offerings, in one of the most challenging market environments. Cloud storage software maker, Snowflake is planning to go public as it looks to take advantage of investors pouring money into the cloud market. Snowflake
0 Comments
TikTok has reached a landmark deal that, if approved, would safeguard its operations and future in the U.S. Oracle Corporation (NYSE:ORCL), and ByteDance have reached an agreement that will see TikToKs operations merged with Oracle. However, the viral video sharing app will not be acquired outright as initially thought. ByteDance has already confirmed it will
0 Comments
T-Mobile Us Inc. (NASDAQ:TMUS) has embarked on an ambitious project that seeks to ensure students don’t miss out on learning, even as COVID-19 continues to derail learning activities worldwide. The cellular service network provider has announced a $10.7 billion initiative that will deliver free internet connectivity to millions of students across the country. T-Mobile Free
0 Comments
Markets today finished mixed for Monday. The Dow Jones Industrial Average was down 0.78%, while the S&P 500 slipped just 0.22% and the Nasdaq was up 0.68%. The European Stoxx 600 dipped 0.62% today. Zoom saw a big leap of 17% in extended-hours trading following their earnings reports. The Dow’s composition changed on Monday with
0 Comments