Category: Industries

Industries, Retail & Wholesale

Walmart tumbles after online sales growth slows (WMT)

February 20, 2018

Via: Business Insider

Shares of Walmart fell as much as 6% in early trading Tuesday after the retailer posted a 42% drop in fourth quarter earnings that missed Wall Street’s expectations. However, the word’s largest retailer reported better-than-expected revenues of $136.27 billion, where […]

Finance Tech, Industries, Liquidity, Retail & Wholesale

Retail investors would ‘bear the brunt’ of a cryptocurrency market collapse, study says

February 19, 2018


Retail investors would feel the impact of a cryptocurrency market collapse the most, while institutional investors would be better protected against such an event, according to researchers. “At this stage, we think that retail investors would be the first to […]

Industries, News, Others

Forget the stock market’s roller coaster – many Americans struggle with income volatility

February 16, 2018

Via: Market Watch

The stock market’s up-and-down ride has grabbed breathless news coverage in the past week, but many Americans are far more familiar with another kind of roller coaster: Income volatility. The term refers to monthly and annual dips and jumps in […]

Energy, Industries

Oil price outlook: Is this the beginning of a downturn?

February 13, 2018


Oil just posted its worst week in more than two years — WTI lost 9.5% and Brent lost 8.5%. The last time the two oil benchmarks fell by that much in a single week was early 2016 when the oil […]

Finance Tech, Industries, Others, Trading

Buy ‘networking juggernaut’ Cisco now due to market share gains: Analyst

February 12, 2018


Cisco shares will rise due to a big upgrade cycle for its products in the network switch market, according to Nomura Instinet. The firm raised its rating for Cisco shares to buy from neutral, predicting the company will report higher-than-expected […]

Education, Industries

Conn. High Court Strikes Down Funding Lawsuit for Schools – Education Week

February 6, 2018

Via: Education Week

Connecticut’s supreme court has struck down a lower-court ruling that deemed the state’s school spending formula and several associated education policies unconstitutional. That September 2016 ruling rocked the state’s political system for its sweeping condemnation of the state’s teacher-quality standards, […]

Finance Tech, Industries, Others, Trading

Health care companies lead US stocks lower in early trading

January 30, 2018

Via: ABC News

U.S. stocks fell sharply in early trading Tuesday, extending the market’s losses from a day earlier. Health insurers, drugmakers and distributors led the slide following news that JPMorgan Chase, Amazon and Berkshire Hathaway are launching a health care venture. Technology […]

Financial Services, Industries

How Tax Reform Makes Goldman Sachs a Winner – and a Loser

January 30, 2018

Via: Fortune

Confused about the new tax law? Join the crowd. The tax reforms are having wildly different impacts on different companies–and no company illustrates those discrepancies better than Wall Street titan Goldman Sachs. Marquee names from Comcast to Verizon and Wells […]

Finance Tech, Industries, Others, Trading

Apple’s market value drops $45 billion in a week on fears of plunging iPhone X demand

January 29, 2018


Apple shares are dropping Monday after a report that the company ordered a drastic cut in iPhone X production. Nikkei reported Monday that the tech giant told its suppliers to reduce iPhone X production to 20 million units for the […]

Industries, Retail & Wholesale

Walmart jumps after it partners with a Japanese e-commerce giant to take on Amazon (WMT, AMZN)

January 26, 2018

Via: Business Insider

Shares of Walmart rose in pre-market trading on Friday after the company announced a deal with Japanese e-commerce site Rakuten to sell Rakuten’s Kobo e-readers and content in the US mass market. The alliance brings two of the biggest retailers […]