The US Defence Department has announced that it might reconsider the awarding of Microsoft Corp (NASDAQ:MSFT) the $10 billion cloud contract following protests from Amazon.com Inc. (NASDAQ:AMZN). Amazon had indicated that it lost following President Donald Trump’s interference. DoD to re-evaluate award of JEDI contact In a court filing, the department indicated that it […]
Duncan Oleinic
Neptune Wellness Solutions Inc (NASDAQ:NEPT) Posts Robust Revenues Of $9,175 CAD In Q3 2020
Neptune Wellness Solutions Inc (NASDAQ:NEPT) has posted revenues of $9,175 CAD in Q3 2020. It is an increase of 40% when compared to the same period last year. It has reported revenues of $2,811 CAD in Q3 2019 from the cannabis segment. The company also earned significant revenues from neutraceuticals. Strategic alliance with American Media […]
Amazon.com, Inc (NASDAQ:AMZN) May Be Considering Buying WWE Fully
Amazon.com, Inc (NASDAQ:AMZN) has been seen to pay a great focus on winning streaming struggles over the recent years. It is currently targeting buying a huge percentage of rights in the World Wrestling Entertainment. The business guru reveals that it has a bigger plan as time progresses and that is to, later on, buy off […]
Adidas (OTCMKTS:ADDDF), Nike Inc. (NYSE:NKE) and Capri Holdings (NYSE:CPRI) Feeling The Effect Of Coronavirus outbreak In China
The coronavirus outbreak has become a major concern for fashion brands such as Adidas (OTCMKTS:ADDDF), Nike Inc. (NYSE:NKE), and Capri Holdings (NYSE:CPRI) which owns Michael Kors, Jimmy Choo, and Versace. The companies have warned that sales could slow as the virus spreads. Companies concerned about the impact of coronavirus outbreak on sales This comes as […]
PG&E Corporation (NYSE:PCG) Submits An Updated Bankruptcy Reorganization Plan To Address Concerns Raised By Gavin Newsom
PG&E Corporation (NYSE:PCG) announced the submission of an updated bankruptcy reorganization plan aiming to address the concerns raised by Gavin Newsom, California Governor. The company will make changes to the board of directors. It will also appoint a new Chief Security Officer and Chief Risk Officer. They will report to the CEO of PG&E. The […]
Verizon Communications Inc. (NYSE:VZ) Separates TV And Internet Plans To Retain Subscribers Of Traditional Cable TV
Verizon Communications Inc. (NYSE:VZ) is separating TV and Internet plans to retain the customers of traditional cable TV. According to a communiqué from the company on Thursday, it is removing the annual contracts. Offers three internet plans for customers Verizon has introduced three monthly internet plans starting from $39.99 to $79.99. The customers can choose […]
International Spirits & Wellness Holdings, Inc. (OTCMKTS:ISWH) Announces Major Partnership to Produce and Market CBD in FDA Compliant Facilities
International Spirits & Wellness Holdings, Inc. (OTCMKTS:ISWH) has been slipping to extremely cheap price levels in recent trade. That’s why today’s news could be such an important event for the long-term value of the shares of this company. It’s not often that we see such a clear catalyst. Specifically, the company just announced a fully-executed […]
Who Stands to Win from the New Marijuana Bill? (CGC, ACB, SGMD, CURLF, TLRY)
The House Judiciary Committee approved a Bill on Wednesday that would decriminalize marijuana at the federal level. The Marijuana Opportunity Reinvestment and Expungement Act of 2019 (the “MORE Act”) passed by a wide margin, 24-10, with bipartisan support. The impact of this bill could be extraordinary for companies operating in the space. But, for investors, […]
The Dow Jones Industrial Average, the S&P 500 and Nasdaq surge to intraday record highs
The Dow Jones Industrial Average, the S&P 500 and Nasdaq surged to intraday record highs Thursday after China and the U.S. agreed to roll back tariffs on each other’s goods in phases as they work toward a trade pact. In addition; XRX, QCOM, AAPL, and MSFT are reaping the rewards of this trending upswing. The […]
The Dow is Taking a Dip Along With These Doosies
Shares of Altice USA, Inc. (ATUS) opened at $25.75 and are currently trading at $25.56. More than 41,446,099 shares exchanged hands compared to an average daily volume of 5,021,793 shares. At the current pps, the market capitalization stands at 21.093B. Analyst are currently predicting a target of $34.23 for Altice USA, Inc. ALTICE USA REPORTS […]
LYFT Inc (NASDAQ:LYFT) Replaces The All-Access Plan With The Cheaper Lyft Pink Membership
In an effort to serve its customers better, LYFT Inc (NASDAQ:LYFT) replaced the All-Access plan with the revamped and cheaper Lyft Pink Membership. The All-Access Plan required the Lyft users to pay $299 every month, to access 30 trips within that month. However, each of these 30 trips had a limit of $15. With the […]
Roku Inc (NASDAQ:ROKU) Acquires Dataxu For $150 Million To Get A Bigger Pie Of The Ad Market
Roku Inc (NASDAQ:ROKU) plans to take over Dataxu for $150 million in stock and cash. The company streams more ad support hours when compared to Over-The-Top (OTP) platform. With this takeover, Roku plans to get a significant share of the ad market. Software to manage ad spend Roku, which is engaged in the manufacture of […]
CVS Health Corp (NYSE:CVS) Suspends Sale of Zantac Over Cancer Concerns
CVS Health Corp (NYSE:CVS) has announced that will no longer sell heartburn drug Zantac which the FDA is investigating for links to cancer. The company announced on Saturday that it was suspending over-the-counter sales of the drug as a caution. Zantac could have cancer casing carcinogen The move comes after concerns from several countries about […]
Temporary Workers at the Centre of Negotiations Between General Motors (NYSE:GM) and UAW
The United Auto Workers’ strike against General Motors (NYSE:GM) has entered its 10th day with several issues under consideration. But the parties are arguing most about on point, which is the use of temporary employees. Differences in compensation for Temporary workers The temporary workers are at the center of negotiation between the company and the […]
Twitter and Square CEO, Jack Dorsey Says Bitcoin Is Still Far From Being A Functional Currency
Twitter Inc. (NYSE:TWTR) and Square Inc. (NYSE:SQ) CEO, Jack Dorsey indicated that despite growing adoption of Bitcoin (BTC) it is still far from being a currency. Bitcoin still far from being a global currency Dorsey told Australian Financial Review on Wednesday that the leading cryptocurrency will continue enjoying growing adoptions. Several small-fiat currencies are joining […]
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