In a Friday report, the International Monetary Fund IMF said banks across the major nine global economies will struggle to generate profits for the next five years even as global economies recover. St...
Cloud computing companies have proven to be major beneficiaries of the coronavirus pandemic as their stocks continue to surge amid the coronavirus pandemic.Last week, the BVP Nasdaq Emerging Cloud In...
Hertz global holding Inc (HTZ) operates a car rental service and it's been around since 1918. The company is trading under stock symbol HTZ, its market cap is $404 million. Hertz stock was tradin...
On Wednesday, the United State Senate passed a bill that could remove publicly listed Chinese companies from American stock exchanges. These companies would no longer be able to sell shares on any of ...
Following allegations of fabricated sales and disclosure failures, Nasdaq has informed Luckins Coffee (LK) of its plans to delist the company, this was announced by the company on Tuesday. Shares of L...
On Tuesdays, the Congressional Budget Office released its outlook for economic growth, federal budget, and the unemployment rate for the second quarter, as nearly 26 million Americans remain unemploye...
Due to shortages of meat, Wendy’s (WEN) has been forced to take burgers off the menu in some restaurants, due to the coronavirus pandemic. This decision was a ‘hard pill’ for Wendy’s to swallo...
Revenue: $524.6 millionEarnings per share: A loss of 20 centsPeloton (PTON) reported a 66% increase in its sales from a year ago to $524.6 million. The company is one of the beneficiaries of the Covid...
Revenue: $955.7 millionLoss per share: $1.31Active riders: 21.2 millionRevenue per active rider: $45.06While other cab-hailing service providers are reporting low sales in the last quarter, Lyft has r...
The Walt Disney Company (DIS) has also experienced its fair share of the coronavirus impact, with the closing of its theme parks and furloughing of its park workers in April to save money. Closing its...