The S&P; 500's 23.5% gain this year is impressive — putting it on track to be the best since 2013. But that masks the wealth generation of the stock run.
On the launch day for Walt Disney Co.’s Disney+ (DIS) streaming service, the company already appears to be plagued by technical difficulties. Users began reporting issues with the service on Twitter (TWTR) early Tuesday morning, with a plethora of users complaining of a technical error, while others reporting issues with the Disney+ app in Apple’s (AAPL) App Store
Aurora Cannabis Inc. reported a 19% sequential decline in revenue, reporting sales of C$75.3 million ($56.8 million) versus C$98.9 in the previous quarter, as the company slows its expansion plans in Canada and abroad.
Investors should pay attention to the latest China economic data, increasing competition from Chinese startups, and the battle for technology leadership between the U.S. and China.
Restaurants are doing away with dining rooms as consumers increasingly order food deliveries through apps such as Uber Technologies Inc's Uber Eats and GrubHub Inc. The newest Chopt Creative Salad Co location, which opened Tuesday in New York, is unlike any of the chain's other 61 sites. Atlanta-based Chick-fil-A Inc has similar sites in Nashville and Louisville, where customers order and prepay online with the option for delivery or pickup.
STOCKSTOWATCHTODAY BLOG Three numbers to start your day: The U.S.Postal Service Had a Loss of $8.8 Billion —over the past year. The post office reported its fiscal fourth-quarter numbers on Thursday. The enormous loss comes with a simple explanation: People are sending less mail every year.
, November 13) makes some very sensible points on the regulation of big tech platforms, but needs consideration in relation to Uber in London. In contrast with many other jurisdictions, including some in the UK, black cab licences in London are not subject to quantity restrictions as a form of economic protectionism for existing licensees. This is more intellectually demanding (albeit within its limits of two spatial dimensions) than many university degree courses probably are nowadays — though modern technology is fast making the knowledge test functionally redundant.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) reported its financial and operational results for the three and nine months ended September 30, 2019. The company experienced a loss of C$20.1 million for the third quarter. The important move TGOD made in the quarter was entering the recreational market with a small pilot in Ontario. […]The post Cannabis Stock News Roundup November 15 appeared first on Market Exclusive.
Alibaba, Now May Not Be the Best Time to IPO in Hong Kong Alibaba (NYSE:BABA) is going public in Hong Kong with a $13.4 billion listing, and it’s putting extra stress on the Hong Kong banking system specifically at a time when the island is on the verge of exploding in cacophonous riots leading to […]The post Market Morning: Alibaba Goes Hong Kong, Uber Dump, Alzheimer's Hope, Cannabis Collapse appeared first on Market Exclusive.
Cisco shares fell nearly 8% in response to disappointing Q2 guidance. However, I believe that this sell-off gives long-term investors a chance to buy shares at a discount.
Aurora Cannabis tumbles after the Canadian recreational cannabis producer and distributor joins the club of pot companies that have missed earnings estimates.
Former Uber Technologies Inc. CEO Travis Kalanick is taking advantage of his first opportunity to cash out of the company he co-founded, dumping more than $700 million in stock since last week.
Learn about four corporate mergers that were either unsuccessful or faced critical challenges. Discover which factors can cause an M&A strategy to fail.
New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors
(Bloomberg) -- Chicago Mayor Lori Lightfoot wasn’t able secure state legislation that would bring in new cash from property sales in 2020 or improve the chances of a casino coming to the city in future years.The Illinois General Assembly adjourned on Thursday without voting to change the tax structure of a proposed casino in the city, which is expected to make the project more appealing for potential operators. Her proposal for a progressive real estate transfer tax also faltered during the six-day veto session held during October and November.Lightfoot’s 2020 budget proposal, released in ...
Los Gatos-based Netflix kicked off the nationwide popularity of unlimited vacation time, a perk that employers will find has some surprising results around the holiday season.
Animal Kingdom is decorating park-wide this year for the first time, while Disney has introduced new offerings at Magic Kingdom for its annual Very Merry Christmas Party.
