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Amazon.com, Inc. (NASDAQ:AMZN) Expects To Pay $28 Billion For Violating Bloc’s Rules: EU Will File A Complaint Soon

The EU will soon file antitrust charges against Amazon.com, Inc. (NASDAQ:AMZN) over the illegal treatment of 3rd party sellers. A charge sheet draft is in circulation in the past two months. The antitrust regulator – EC (European Commission) is probing the charges against the e-commerce giant for the last two years. Amazon to pay $28 […]

GrubHub Inc (NYSE:GRUB) Drops Uber Technologies Inc (NYSE:UBER) In Favor Of Just Eat Takeaway Merger Deal

GrubHub Inc (NYSE:GRUB) has reportedly shunned merger talks with Uber Technologies Inc (NYSE:UBER) and has instead embraced an acquisition deal from a European company called Just Eat Takeaway. Just Eat Takeaway announced on Friday that it struck a strategic $7.3 billion deal to acquire Grubhub. The acquisition will allow the European company to expand its […]

Macy’s Inc (NYSE:M) Raises $4.5 billion Including $3.15 Billion I Borrowed Against Its Assets

Macy’s Inc (NYSE:M) reportedly used its real estate assets as collateral to take out a loan worth $3.15 billion, which is part of the $4.5 billion that the company recently just as stores are starting to reopen. The first quarter of 2020 was quite rough on many companies, including Macy’s due to the massive negative […]

Pot Stocks for the Next Wave (GTBIF, TLRY, NUGS, ACRGF, TCNNF)

There’s strong reason to believe that the long-suffering cannabis stock space, as a group, has finally bottomed. If true, it would mark the beginning of the third major bull market in cannabis. The first began in 2009 and ran through 2014. The second got going in mid-2016, sparked into gear by enthusiasm in front of […]

Walmart Inc (NYSE:WMT) Ventures Into Clothing Resale Market Through Partnership With ThreadUP

Retail giant Walmart Inc (NYSE:WMT) is making its debut in the resale apparel market following the announcement it made on Wednesday, revealing that it has signed a collaborative agreement with a resale marketplace known as ThredUp. This is an interesting move for Walmart and also one that has reportedly been in the works for a […]

Virus Protection as an Investment Opportunity (CLX, HON, BLGO, MMM)

As we start to gain more ground in our collective battle against the COVID-19 pandemic, the role of personal protection equipment and supplies looms large as a major concept for investors active with capital and willing to mobilize that capital toward companies able to make a difference while delivering value to their shareholders. While we […]

The Cannabis Beverage Thesis (APHA, CVSI, MCTC, HEXO)

As the cannabis, hemp, and CBD space starts to heat back up, traders and investors are looking for emerging trends that could represent the new spark that lights the fire again among the larger retail investment public. One distinct possibility in that narrative is the cannabis-infused beverage space. A recent report by Grand View Research […]

KKR & Co Inc (NYSE:KKR) Channels $1.5 Billion Investment In Reliance Jio Platforms

One of the leading Indian telecom operators known as Jio Platforms has agreed to a deal to sell out about 2.32% of its stakes to KKR & Co Inc (NYSE:KKR). This business is owned by Reliance Industries belonging to billionaire Mukesh Ambani, and the deal struck happens to be the fifth one in series of […]

Amazon and Walmart Faces Competition In Indian Grocery Services Market After The Launch Of JioMart

Amazon.com Inc. (NASDAQ:AMZN) and Walmart (NYSE:WMT) Flipkart are facing competition in the online grocery services market in India following the launch of Reliance’s JioMart. JioMart to deliver groceries in 200 towns The online grocery market in Indian is huge, and JioMart is expected to deliver crossers in over 200 towns nationwide. The Indian conglomerate’s grocery […]

L Brands Inc. (NYSE:LB) Announce That It Will Close Around 250 Locations In The US And Canada

Victoria’s Secret parent company L Brands Inc. (NYSE:LB) has indicated that it will close permanently around 250 stores in Canada and the US this year. Victoria’s Secret to close 235 stores in the US L Brands has not given details on the outlets they will close, but currently, there are around 1,091 stores across the […]

Why MJ Stocks are Back in Gear (GRWG, NUGS, CRLBF, MJNA)

The recent resurgence of the cannabis stock space has been a surprising development to many market participants. Sentiment on this group was already in the basement before the pandemic panic took hold of the markets and crashed the whole game. But pot stocks found support in mid-March as a group. Since then, the MJ ETF […]

Is the PPE Theme Ready to Catch Fire? (APT, LAKE, BLGO, MMM)

The COVID-19 pandemic has forced a reimagining of life in the developed world to a far greater extent than most anything since World War II. As we endure this collective battle, there are few subjects that spark populist anger more than personal protection equipment (PPE) and its lack of availability for frontline workers – not […]

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