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 […]
Duncan Oleinic
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 […]
Auto Buyers In China Cheers On Tesla Inc (NASDAQ:TSLA) Offering A 10% Discount
Tesla Inc (NASDAQ:TSLA) announced a 10% discount for Tesla vehicle buyers in China. This discount is on the backdrop of MIIT (Ministry of Industry and Information Technology) in China, allowing a purchase tax exemption for the buyers of Tesla vehicles. Sixteen vehicle configurations of Tesla qualify for the tax exemption. The tax exemption is good […]
Significant Phone Companies Sign Agreement with All 50 States to Block Robocalls
Major Phone carriers in the US have indicated that they will provide their customer with free tools to block robocalls. This is part of an agreement signed by Attorney Generals of 50 states including the District of Colombia with the telecommunications companies to eradicate the problem of illegal robocalls. Major carriers sign agreement to block […]
Alphabet Inc (NASDAQ:GOOG) Says Its Employees Are Against Collaborations With US Border Agencies
Alphabet Inc (NASDAQ:GOOG) may not enter a cloud computing contract with one of the US border agencies. US Customs and Border Protection (CBP) agency had earlier expressed its intention to work with the search giant. However, the plan won’t go through because Google may eventually bow to the opinion of its employees. Employees pin down […]
Alphabet Inc (NASDAQ:GOOGL) Subsidiary Google Faces Pressure From Senators To Grant Full-Time Status To Contractors
U.S senators have called upon Google, a subsidiary of Alphabet Inc (NASDAQ:GOOGL) to grant full-time employee status to contractors that have worked for the company for more than six months. The U.S senators want Google to start giving contract workers full employment status once they have worked for the tech company for more than six […]
Uber Technologies Inc. (NYSE:UBER) Lays Off Part of Its Global Marketing Team
On Monday The New York Times reported that taxi hailing services company Uber Technologies Inc. (NYSE:UBER) had laid off close to 400 employees from the global marketing team a week before the company releases its Q2 2019 earnings report. Uber looks to cut on spending The laid off employees are drawn from the company’s 75 […]
Retailers Rush to Cash in on Amazon’s (NASDAQ:AMZN) Prime Day
In mid-July every year, Amazon (NASDAQ:AMZN) offers a shopping holiday to shoppers subscribed to Amazon Prime. The event lasts for 36 hours and offers the best opportunity for shoppers to amass gifts due to stellar savings. This year, rival retailers are in the game and they want to give the online retail giant a run […]
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