Category: Industries

July 23, 2019

Shares of Snap, parent company of Snapchat, rose on Tuesday following an upgrade from Stifel ahead of the company’s earnings release after the bell. Stifel upgraded Snap to buy from hold and hiked its price target to $17 from $13. […]

July 22, 2019

Two Wall Street analysts are betting big on Amazon’s quarterly report later this week by hiking their price targets on the e-commerce giant. Deutsche Bank analyst Lloyd Walmsley raised his 12-month price target on Amazon to $2,515 per share from […]

July 22, 2019

Oil prices surged on Monday as traders braced for potential supply disruptions following Iran’s seizure of a British-flagged oil tanker last week. The Iranian Revolutionary Guard captured the Steno Impero in the Strait of Hormuz on Friday. Tehran has signaled […]

July 19, 2019

Oil futures remained on track for a steep weekly fall but traded higher early Friday, a day after the U.S. said it shot down an Iranian drone in the Strait of Hormuz, stoking worries that rising tensions between Washington and […]

July 18, 2019

Netflix stock plunged 11% in pre-market trading on Thursday after the tech giant reported its first decline in US subscribers since 2011. The company’s US paid-subscriber base shrunk by 130,000 in the second quarter, badly missing Wall Street’s expectations of […]

July 16, 2019

J.P. Morgan Chase posted earnings that exceeded analysts’ expectations, aided by an income tax benefit that boosted results by $768 million. The bank on Tuesday posted second-quarter profit of $9.65 billion, 16% higher than a year earlier, or $2.82 a […]

July 16, 2019

Regulation of non-public schools — specifically, Orthodox Jewish schools — by New York City and state is back in the news again amid reports that elite non-Jewish private schools are enlisting parents to press the government to back off. It’s […]

July 15, 2019

Walmart is trying very hard to rival Amazon in the eCommerce space. The retail giant has fallen a long way behind when it comes to acquiring an online customer base and it’s now making a big play to turn that […]

July 12, 2019

Surprise: Analysts expect banks to be one of the brighter areas of the stock market during an overall dismal earnings season. As second-quarter earnings season begins, recent economic news has been good and the Dow Jones Industrial Average DJIA, +0.85% […]

July 12, 2019

Thanks to Amazon Prime Day, mid-July has become a prime time for shoppers to snag deals, whether they’re looking for a laptop to take back to school or aiming to get an early start on their holiday shopping. Yes, holiday […]