Articles by admin

Standing before an audience of 14,000 people last year, Walmart Inc (WMT.N) executives described a radical plan to help it fend off Amazon.com Inc (AMZN.O) and other online delivery services from stealing its customers. Walmart’s own store employees would bring online orders directly to shoppers’ homes after completing their usual shifts of up to nine hours on the sales floors. “Just imagine associates all over the world delivering orders to customers on their way home,” Marc Lore, head of Walmart’s e-commerce operations, said at its annual meeting in June 2017. …read more […]

The never-ending soap opera surrounding Tesla (NASDAQ:TSLA) will come to another peak on Aug. 1, when the car maker is scheduled to release its second-quarter earnings report. Which brings us to Elon Musk himself. …read more […]

Over the past few years we’ve seen memory chip maker Micron Technology (NYSE:MU) skyrocket, as the firm cemented its position as a leader in the memory industry. MU stock has performed exceptionally well since 2016, but the chip maker has had a rocky ride over the past 6 months, as investors question whether or not the firm’s rally is legit. One of the biggest factors weighing on investor sentiment with MU stock has been trade tension between the US and China. …read more […]

The allegations come as Moonves is embroiled in a legal battle over control of CBS with the company’s largest shareholder, National Amusements Inc, owned by Shari Redstone and her father Sumner, who also control media company Viacom Inc. CBS said on Friday it would investigate accusations against Moonves, 68, made by six women in a New Yorker magazine article featuring several instances of alleged sexual harassment spanning 1985 to 2006. …read more […]

U.S. stock index futures dipped late on Sunday ahead of a week when more than 140 S&P 500 companies, including Apple Inc , will report earnings. At 9:07 p.m., S&P 500 e-minis were down 0.18 percent, Dow … …read more […]

Oil prices were mixed on Monday with WTI rising on the back of strong U.S. economic growth figures, while Brent began the week trading lower after posting its first weekly gain in four. U.S. West Texas Intermediate (WTI) crude (CLc1) futures were up 22 cents, or 0.3 percent, at $68.91 a barrel by 0058 GMT. WTI fell 1.3 percent on Friday, marking a fourth week of declines. …read more […]

Bank of America-Merrill Lynch’s Paul Ciana makes the case to go long commodities and short bonds. …read more […]