Coca-Cola Co. (NYSE:KO) has announced that it will cut around 2,200 jobs or 17% of its global workforce including around 10% of its US workforces as sales continue to decline amid the COVID-19 pandemic. Coca-Cola cutting 10% of its US […]
Coca-Cola Co. (NYSE:KO) has announced that it will cut around 2,200 jobs or 17% of its global workforce including around 10% of its US workforces as sales continue to decline amid the COVID-19 pandemic. Coca-Cola cutting 10% of its US […]
Walt Disney (NYSE:DIS) Records has announced pre-orders for the two new albums for the Pixar animated movie “Soul” which will debut on Disney+ on December 25. One of the albums features music and inspired Soul while the other includes the […]
Merck & Co. (NYSE:MRK) is cashing in on the meteoric rise of Moderna Inc. (NASDAQ:MRNA) in 2020 after the pharmaceutical giant dumped its equity stake in Moderna. Since the beginning of this year, Moderna, which is developing a potential COVID-19 […]
MasterCard Inc. (NYSE:MA) has welcomed ten fintech companies from across the globe to take part in Start Path, its award-winning startup engagement program, to boost the future of commerce. The company is helping fintech firms accelerate how they change the […]
The US federal government has filed a lawsuit blocking Visa Inc.’s (NYSE:V) acquisition of fintech company Plaid, stating that the $5.3 billion acquisition is against antitrust laws. According to the Justice Department, Visa is a monopolist in online debit transactions, […]
Profits of credit card companies Visa Inc. (NYSE:V), MasterCard Inc. (NYSE:MA), and American Express (NYSE:AXP) have been greatly affected by the pandemic as global travel came to a halt. Pandemic impacted profits of credit card companies In the most recent […]
Jason Bond members have been banking on DKNG for quite some time and why not when the stock is at a 50% discount. Draftkings began trading on April 24th, 2020 at $20.49 after a reverse merger with a SPAC Shares […]
The markets are grappling with tech earnings from yesterday that were a mixed bag. Most of the big FAANG (Facebook, Apple, Amazon, Netflix, Google) companies had better than expected earnings but disappointed Wall Street on their forecasts. Of course, also […]
When asked about the type of stocks to buy in the bearish market Nate Bear from Ragingbull.com commented that “If you want to get long stocks, focus on ones that are outperforming the general market. Because when this market does […]
Wayfair (NYSE: W) is about to release its earnings and shorts could very well get burnt. With over 28% Short Float and stock heading to a new 52 week high of $342.40, any positive sentiment could set the stock pricing […]
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