Market News
Levi Strauss planning a public markets comeback
Levi Strauss, inventor of the iconic blue jeans, filed for an initial public offering on Wednesday. The company plans to…
Not for sale, says Tesla rival on Ford takeover rumors
Ever since California-based Lucid Motors clinched a $1-billion investment from Saudi Arabia’s Public Investment Fund (PIF) beating bigger rival Tesla…
WWE Hall of Famer ‘Booker T’ is taking Activision to court
Former wrestling entertainment star Booker T Huffman filed a copyright infringement suit against the publishers of the video game franchise…
Chipotle Mexican Grill stock soars to 3-year high
Chipotle Mexican Grill Inc. (NYSE: CMG) stock soared to a 39-month high of $612.60 on Tuesday. Investors turned methodical on…
Forty countries back UN draft regulation on braking systems
The UN Economic Commission for Europe (UNECE) on Tuesday announced that 40 countries — including The European Union and Japan…
Gilead’s credibility takes a hit on massive NASH-drug failure, rivals jump
Shares of Gilead Sciences (GILD) have tumbled 20% in the past 52 weeks on numerous reasons including weaker-than-expected quarterly results…
Electronic Arts’ stock is riding high on Apex Legends wave
Electronic Arts Inc. (EA) is still riding the Apex Legends wave, with shares up 4.6% in mid-day trade on Tuesday.…
2019 headwinds might come to haunt oil as OPEC cuts supply
The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday announced that it cut oil production through a global supply…
Molson Coors misses Q4 sales estimates and discloses financial restatements; shares fall 6.6%
Molson Coors Brewing Company’s (TAP) shares dropped 6.6% in morning hours on Tuesday after the company reported better-than-expected earnings for…