Market News
Hibbett Sports likely to post weak Q3 earnings
Sporting goods store Hibbett Sports (HIBB) is slated to release its third-quarter earnings on Tuesday before the bell. Analysts have…
Facebook says UK data was not shared; appeals fine in Cambridge Analytica case
The infamous Cambridge Analytica data-breach case took a new turn this week after Facebook (FB) defended the charges leveled by…
Apple supplier Foxconn looks to cut costs and jobs in preparation for tough year
Foxconn Technology Group, the major supplier to Apple Inc. (AAPL), is planning to cut down costs significantly in preparation for…
GameStop (NYSE: GME) to divest its Spring Mobile unit for $700 million
GameStop (GME) to sell its Spring Mobile division for $700 million to the Sugar Land, Texas-based Prime Communications. Spring Mobile…
Data security slip-up casts shadow over Amazon’s holiday sales
The social media was abuzz with messages shared by Amazon (AMZN) customers about the exposure of their personal information on…
IKEA Group to cut 7,500 jobs
IKEA Group looks to cut 7,500 jobs in the next couple of years, according to the company. The furniture giant…
Foot Locker (NYSE:FL) surpasses Q3 estimates, stock rallies
Foot Locker (FL) stock surges more than 10% in the after-market hours as its third quarter earnings and sales exceeded analysts’…
FAANG stocks lose their sheen in tech rout
2018 has not been a great year for tech stocks, especially the latter half. The worst performers were, in fact,…
Nvidia shares jump after Citron Research buys stock
Short-seller Citron Research on Tuesday tweeted that it bought shares of Nvidia Corp (NVDA). Shares of the graphics chipset maker…
Barnes & Noble trims loss in Q2
Barnes & Noble (BKS) trimmed down its loss in the second quarter of 2019 with a year-over-year drop in sales. The…