Latest News

Competition Between Beyond Meat and Impossible Foods Heating Up

Competition Between Beyond Meat and Impossible Foods Heating Up

The Alternative Meat Industry has continued to be a hot topic on Wall Street after Beyond Meat Inc.’s successful IPO earlier this month. Many analysts predict the alternative meat market could see exponential growth in the coming years. According to a research note from Bernstein, the alternative meat market could see growth similar to plant-based beverages, like almond milk, and […]

Canadian Cannabis Company Tilray Shares Spike After Reporting Quarterly Earnings

Canadian Cannabis Company Tilray Shares Spike After Reporting Quarterly Earnings

Tilray Inc.’s (NASDAQ: TLRY) shares jumped 4.88 percent to close at $48.74 a share on Tuesday. The stock traded between $46.91 and $49.12 on volume of 1.87 million shares traded. Shares of the company spiked nearly 5 percent in extended trading Tuesday after reporting quarterly earnings. The Canadian cannabis company reported revenues were $23.0 million for the first quarter of […]

Bitcoin Gains Safe Haven Appeal as Global Trade Concerns Loom Over Major Markets

Bitcoin Gains Safe Haven Appeal as Global Trade Concerns Loom Over Major Markets

Cryptocurrency has gained some safe-have appeal as major global markets continue to react negatively to the ongoing trade war. Bitcoin spiked by as much as 15 percent on Monday, touching a high of $7,946.01, according to data from CoinDesk. The Dow Jones Industrial Average dropped 2.38 percent to close at 25,324.99. The Dow has now fallen approximately 1,200 points since […]

The Baidu Inc. logo is displayed in the reception are of the company's headquarters in Beijing, China, on Wednesday, Nov. 12, 2014. While Beijing-based Baidu, owner of China's most-used search-engine, is available around the world, more than 99 percent of its revenue comes from China. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Baidu Falls after Reporting First Quarterly Loss Since 2005

Baidu Inc. (NASDAQ: BIDU)’s stocks fell sharply after reporting its latest quarterly results. The company reported revenues were RMB 24.1 billion ($3.59 billion) for the first quarter of 2019, an increase of 15 percent year-over-year. Net loss attributable to Baidu was RMB 327 million ($49 million) for the first quarter of 2019, compared to a net income attributable to Baidu […]

4 Potential Weed Stocks Investors Should Consider

4 Potential Weed Stocks Investors Should Consider

Also known as cannabis, weed, or pot, there has been much hype about the marijuana industry as it continues to thrive globally. If the current trends are anything to go by, revenue generated by the marijuana industry is likely to soar up to $50 billion annually in the near future. The United States of America and Canada are the most […]

European Equity Benchmarks Close Higher; European Manufacturing Slumps to Lowest in Over 6 Years

European Equity Benchmarks Close Higher; European Manufacturing Slumps to Lowest in Over 6 Years

The broad-based major European indices closed higher in Wednesday trading, as all three major markets rebounded from sharp losses from the previous two sessions.  In economic news, the European economy is forecast to continue expanding for the seventh year in a row in 2019, with real GDP expected to grow in all EU member states, according to the European Commission’s […]

Starbucks Plans Debt Sale for Stock Buybacks, Sustainability Spending

Starbucks Plans Debt Sale for Stock Buybacks, Sustainability Spending

Starbucks (SBUX) outlined plans to sell debt on Thursday to raise cash for corporate purposes including stock repurchases and sustainability projects, while S&P Global Ratings said the coffee chain’s sales have “regained some steam.”  The Seattle-based company said in a Securities and Exchange Commission filing that it’s selling senior notes, with amounts, rates and maturities to be determined. Starbucks said […]

Ford Says Justice Department Has Launched Criminal Investigation Into Emissions Certification Process

Ford Says Justice Department Has Launched Criminal Investigation Into Emissions Certification Process

Ford Motor Company (F) said in a filling with the Securities & Exchange Commission on Friday that the Justice Department has launched a criminal investigation into the automaker’s emissions certification process. The company said the investigation doesn’t involve the use of defeat devices and instead is focused on road load estimations including analytical modeling and coastdown testing. “We voluntarily disclosed […]