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Walmart Sees 37 Pct Growth In eCommerce, In-Store Sales Remain Tepid
Walmart Sees 37 Pct Growth In eCommerce, In-Store Sales Remain Tepid
February 18, 2020  |  Earnings

After eight consecutive earnings beats, Walmart finds itself at the start of 2020 in the unusual position of missing analyst targets, as a tepid holiday...

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Buffett’s Berkshire Hathaway Buys Stake In Kroger
Buffett’s Berkshire Hathaway Buys Stake In Kroger
February 16, 2020  |  Investments

Berkshire Hathaway’s new investment in Kroger sent shares soaring Friday (Feb. 14), CNN reported. Get the Full Story Complete the form to unlock this article...

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Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
February 16, 2020  |  Investments

Rakuten, the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Get the Full Story...

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Bezos Unloads Nearly $4.1B In Amazon Stock As Part Of Trading Plan
Bezos Unloads Nearly $4.1B In Amazon Stock As Part Of Trading Plan
February 12, 2020  |  Investments

Jeff Bezos, CEO of Amazon, has sold off $4.1 billion in shares of his own company in the last 11 days as part of a...

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Lyft Q4 Revenue Tops $1B, Ridership Up 23 Pct
Lyft Q4 Revenue Tops $1B, Ridership Up 23 Pct
February 12, 2020  |  Earnings

As Lyft drove innovation with enhancements to the technology that powers its platform, the ride-hailing company reported that its active riders grew 23 percent year over year to...

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Up For Sale: 6.25M Uber Shares Through Morgan Stanley
Up For Sale: 6.25M Uber Shares Through Morgan Stanley
February 11, 2020  |  Investments

Morgan Stanley wants to let people buy up Uber shares, according to people familiar with the subject, as they’re lining up buyers who will commit...

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Billionaire Investor Peter Thiel Reduces His Facebook Shares To $2M
Billionaire Investor Peter Thiel Reduces His Facebook Shares To $2M
February 10, 2020  |  Facebook

Early Facebook investor Peter Thiel once had 45 million shares in social media company Facebook, but he recently let go of most of them, and...

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Holiday Spending Drives Pinterest’s Revenue Over $1B
Holiday Spending Drives Pinterest’s Revenue Over $1B
February 07, 2020  |  Retail

As Pinterest wagered on eCommerce, the social media platform’s revenue surpassed the $1 billion threshold last year. Pinterest foresees revenue clocking in at roughly $1.52...

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Casper IPO Ends Bumpy Debut At 13 Pct Above Asking Price
Casper IPO Ends Bumpy Debut At 13 Pct Above Asking Price
February 06, 2020  |  Investments

When mattress company Casper debuted its shares in an initial public offering (IPO) on Thursday (Feb. 6), they rose to a nearly 13 percent above...

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