Google parent company Alphabet and Facebook, despite a number of looming competition and antitrust investigations for both companies from U.S. government agencies, closed out at high share prices on Monday (Jan. 6), according to CNBC. Alphabet was up 2.7 percent to $1,397.81 per share —...
As 2019 winds down, Moody’s and Goldman Sachs predict a weak outlook for department stores, CNBC reported on Monday (Dec. 9). Goldman Sachs dropped Macy’s shares from neutral to sell, saying there is a “significant downside” in the company’s stock price. Macy’s shares already dropped...
Research firm Sanford C. Bernstein says affluent Chinese consumers are not indulging on luxury and non-essential goods, Bloomberg reported on Saturday (Nov. 9). Bernstein luxury goods analyst Luca Solca said the lowered interest by affluent Chinese customers could reduce the capabilities of premium companies. She...
Lyft said it would turn a profit by the end of 2021, one year earlier than expected. Bloomberg reported that the news pushed the ride-hailing company’s shares up 9 percent on Tuesday (Oct. 22). The company said it has been focusing more on profitable growth,...
April 04, 2017
April showers bring May flowers, but April trading has brought Facebook (FB) prices down a bit. FB got a little boost to new heights at the end of March following a track of steady growth in the first few months of 2017. The stock hit an all-time high of $142.85 on Thursday (March 30) afternoon, […]
March 31, 2017
If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards points on the former, and prices...
July 08, 2020
Shares of Twitter surged Wednesday (July 8) after an apparent job listing spilled the beans on the social media giant’s budding efforts to build a subscription service. The company’s stock price jumped 7.3 percent to $35.41 a share on the heels of a flurry of media reports about the Twitter job listing, which seeks a […]
January 07, 2020
Google parent company Alphabet and Facebook, despite a number of looming competition and antitrust investigations for both companies from U.S. government agencies, closed out at high share prices on Monday...
December 10, 2019
As 2019 winds down, Moody’s and Goldman Sachs predict a weak outlook for department stores, CNBC reported on Monday (Dec. 9). Goldman Sachs dropped Macy’s shares from neutral to sell,...
November 10, 2019
Research firm Sanford C. Bernstein says affluent Chinese consumers are not indulging on luxury and non-essential goods, Bloomberg reported on Saturday (Nov. 9). Bernstein luxury goods analyst Luca Solca said...
