Market News
Report says 2018 US holiday season was best in six years
The US retail industry recorded its strongest holiday shopping season in six years, according to a report by Mastercard SpendingPulse.…
Tesla gains after bullish outlook by Wedbush analyst
Tesla Inc. (TSLA) received a bullish projection from Wedbush Securities analyst Daniel Ives who said in a note that demand…
Amazon sells more items than ever before this holiday season
Amazon (AMZN) on Wednesday said it had a record-breaking holiday season, with the number of orders hitting a new peak.…
Huawei and Apple take hits amid US-China trade spat
The trade tensions between the US and China are affecting technology companies on both sides. Huawei has had a rough…
Thailand legalizes medical use of cannabis, opens up a new region for pot stocks
After Uruguay and Canada, Thailand has now amended its drug law to legalize marijuana for medical purposes. However, unlike the…
Bed Bath and Beyond stock sinks to 5-year low
Bed Bath and Beyond (BBBY) stock plunged to a new five-year low of $10.46 on Monday as investors were concerned…
A tough task awaits Campbell Soup’s new CEO Mark Clouse
There is a pressing need for the food industry to innovate and adapt to the changing customer tastes. The current…
Mindbody agreed to be bought by Vista Equity
Mindbody (MB) agreed to be acquired by San Francisco-based private equity firm Vista Equity Partners in a definitive agreement signed…
Tesla to pay tax credit amount to customers if it fails to deliver the ordered cars
Elon Musk tweeted on Saturday that Tesla (TSLA) will deliver all mid range Model 3 cars by December end although…
Nike will sell cheaper self-lacing shoes next year
Nike (NKE) will launch its second-generation hi-tech self-lacing sneakers in 2019 at a cheaper price tag of $350. This was…