The CBD space is more and more receiving attention as perhaps the real bloom on the flower of the cannabis movement in terms of economic and financial opportunities. It’s just a fact: most people aren’t ever going to be interested in smoking pot. But everyone wants to feel better, more healthy, more relaxed, and to […]
Fiona Gibson
Four Ways to Play the Audio Boom (SONO, DBL, HRAL, LOGI)
The tech sector has become outsized during the current bull run, with an aggregate market cap that amounts to more than three other sectors combined as the megacaps rally. One consequence of this move is a differentiation process whereby investors are starting to parse the sub-industries into separate booms. One of the more interesting sub-sector […]
Apple Inc. (NASDAQ:AAPL) Opens A Megastore In Beijing Despite Criticism From William Barr
Apple Inc. (NASDAQ:AAPL) has unveiled another megastore in China in Sanlitun, Beijing’s upscale shopping district. The megastore is double the size of the company’s first store in China. Apple reopens megastore in China amid criticism The company reopened the landmark megastore as it continues to face increasing scrutiny over its relationship with China. Attorney General […]
Energy Transfer (NYSE:ET) Invokes Force Majeure To Prevent Customers From Abandoning Expansion Of Dakota Access Pipeline
Energy Transfer (NYSE:ET) invoked force majeure to prevent oil companies from abandoning the expected expansion of the disputed Dakota Access pipeline. Crude oil output dropped 33% in North Dakota. The US company is seeking almost double the size of the pipeline, but some oil firms that signed up indicated that it is not necessary anymore. […]
Gilead Sciences, Inc. (NASDAQ:GILD) Reports Minor Benefits Of Remdesivir In COVID-19 Patients
Gilead Sciences, Inc. (NASDAQ:GILD) released an update about its developmental COVID-19 vaccine remdesivir, revealing that the treatment yielded modest improvements in patients. Coronavirus patients who were administered with remdesivir intravenously for five days demonstrated moderate improvements. However, the COVID-19 patients that were treated with the drug for 10-days did not yield significant improvements. Remdesivir was […]
Gilead Sciences’ (NASDAQ:GILD) Potential COVID-19 Treatment Can Not Undo Damage On The US Economy
Gilead Sciences (NASDAQ:GILD) has a promising COVID-19 cure called remdesivir which caused US equity markets to surge on Friday. However, the surge in the stock market on Friday isn’t something justifiable. Is the economy gearing for fake markets? For stock markets, it has been a gloomy past few weeks and the economy could receive a […]
Lawyers Express Doubt On PG&E Corporation (NYSE:PCG)’s Ability To Pay Wildfire Victims Because Of Coronavirus Triggered Stock Market Tumult
The lawyers, who negotiated hard for the wildfire victims to get a fair deal with PG&E Corporation (NYSE:PCG), expresses doubt about the company’s ability to pay $13.5 billion agreed to the victims. The recent coronavirus triggered stock market turmoil plays a spoilsport. PG&E’s stock has declined to $10.9 after reaching a high of $18.34 on […]
American Manufacturers – Under Armour Inc (NYSE:UAA), Nike Inc (NYSE:NKE), And Fanatics Rush To Supply Protective Medical Gear
Amid rising coronavirus cases and related deaths every day, American manufacturers like Under Armour Inc (NYSE:UAA), Nike Inc (NYSE:NKE), and Fanatics are rushing to meet the urgent need for protective medical gear. Fanatics make medical masks The licensed apparel manufacturer for sports leagues – Fanatics has prepared its Easton, Pennsylvania factory to produce gowns and […]
General Motors (NYSE:GM) Turns To Battery Development In A Bid To Compete With Tesla Inc (NASDAQ:TSLA)
General Motors (NYSE:GM) was quite impressed after managing to make an adjusted net income amounting to $50 billion. These are financial results for the past five years. Matters seem different for Tesla Inc (NASDAQ:TSLA), which incurred a loss of about $5 billion. On a good day, one would expect investors to opt for GM, but […]
Walmart Inc. (NYSE:WMT) To Equip Its Locations Where It Is Opening Health Clinics With 5G Network
Walmart Inc. (NYSE:WMT) is in talks with Verizon Communications (NYSE:VZ) to equip its retail locations with 5G wireless service using antennas and other equipment. Walmart to bring 5G network to its stores The company plans to bring the 5G network to some of its locations later this year to help in powering its new Walmart […]
Uber Technologies Inc (NYSE:UBER)’s Uber Eats Head – Jason Droege Steps Down: Uber To Focus On Meal Delivery Service Without Spending Much Cash
Uber Technologies Inc (NYSE:UBER)’s Uber Eats Head – Jason Droege will step down because the company focuses on profitable and growing food delivery service business without spending all of the hard-earned money. Founded Uber Eats The uber executive Jason has established Uber Eats in December 2015. It has grown to become the second revenue earning […]
Home Depot Inc (NYSE:HD) Looking For Ways To Deal With Thieves Stealing Tools To Buy Drugs
Trish Routte who happens to be the coordinator of the Crime stoppers has disclosed details about what has been happening at Home Depot Inc (NYSE:HD). The company stores a lot of its tools at aisle 12 in Fort Myers and that is where criminal activities have been happening. Routte has confirmed that it is not […]
Apple Inc (NASDAQ:AAPL) To Pay A Hefty Fine After Slowing Down Older Devices
It is a difficult time for Apple Inc (NASDAQ:AAPL) after the court made a ruling compelling it to pay 25 million Euros. Court’s determination The allegations in front of the judge provided that the business guru had deliberately slowed down its older iPhone models. It had taken the move before informing customers who launched complaints. […]
AbbVie Inc (NYSE:ABBV) Expresses Confidence In Humira’s Defense Strategy On The International Scale
AbbVie Inc (NYSE:ABBV) AbbVie understands that its business performance is closely linked and even dependent on what happens as Humira. There are reports that Humira is experiencing some existential threats and that is considering the different moves by a large number of US copycats. AbbVie says that there is still hope left as it cites […]
AT&T Inc (NYSE:T) Gave A Fake Promise On Time Warner’s Content Distribution
It was a few years back that AT&T Inc (NYSE:T) won in a court ruling that allowed it to close the purchase deal of Time Warner. The company had made a statement to the Congress outlining its take on the Time Warner-owned shows. The company’s earlier commitment The company’s CEO, Randall Stephenson, addressed the senate […]
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