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Costco stock drops despite Q3 earnings beat

Earnings of warehouse club operator Costco Wholesale (COST) increased in the third quarter and came in slightly above market expectations,…

GameStop earnings plunge 52% in Q1

GameStop Inc. (GME) posted a decline of 5.5% in sales to $1.93 billion for the first quarter, sending earnings down as…

Ulta Beauty stock drops on weak quarterly outlook

Ulta Beauty (ULTA) reported a jump in earnings for the first quarter helped by strong retail comparable store sales, new…

Stocks fall as Trump hits close allies with steel, aluminum tariffs

In a move that could lead to a full-fledged trade war between Washington and the European Union (EU), the Trump…

Xiaomi launches Mi8 with a naked back, sparking controversy

Looks like the Chinese companies are determined to give US tech giants a tough time in the global smartphone market.…

Apple WWDC event is coming, and here’s what we can expect

Apple’s much celebrated Worldwide Developers Conference (WWDC) is taking place at McEnery Convention Center in San Jose, starting June 4.…

American Eagle earnings top estimates on record revenues

Record high revenues and robust comparable store sales pushed up earnings of apparel retailer American Eagle Outfitters (AEO) in the…

Alibaba’s Ele.Me to deliver food using drones in China

Food delivery drones are ready to take off in China. The largest online food delivery platform Ele.me, backed by e-commerce…

Retail Crisis: Sears plans to close a staggering number of stores

It’s no secret that the iconic American brand Sears Holdings (SHLD) is struggling to survive in an era that is…

Will your investment in gun stocks survive this bullet?

The NRA is in a weird fix now. With its supporters clinching power at the helm of the most powerful…