Amazon to Open 84,000 Square Foot Expansion in Portland
In a sign of how rapidly Amazon.com Inc. (NASDAQ: AMZN) continues to expand in the United States, it will open 84,000 square feet of new office space in Portland, Oregon. ...Read Full Story »
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US Forces in Pacific Could Be Overwhelmed by China’s Military
A new report says that in a conflict between China and the United States in Asia, American forces may quickly be crushed. Among the reasons are U.S. weapons systems that ...Read Full Story »
This Is America’s Favorite Cleaning Task, But They May Not Be Doing It Right
Doing the laundry might not be everybody’s idea of a good time, but according to the American Cleaning Institute’s 2019 National Cleaning Survey, some 24% of the people polled named ...Read Full Story »
Alibaba’s Q1 Earnings Beat Belies Slowing Economy
Alibaba Group Holding Ltd. (NYSE: BABA) released its fiscal first-quarter financial results before the markets opened on Thursday. Despite the slowdown of China's economy, the company said that it had ...Read Full Story »
What to Watch When Alibaba Reports Thursday
Alibaba Group Holding Ltd. (NYSE: BABA) is set to report its fiscal first-quarter earnings results before the markets open on Thursday. The consensus estimates are calling for $1.46 in earnings ...Read Full Story »
WeWork Files for IPO
The We Company, rebranded from WeWork, filed its first S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were mentioned ...Read Full Story »
Why Luckin Coffee’s 700% Jump in Revenues Wasn’t Good Enough
Luckin Coffee Inc. (NYSE: LK) reported second-quarter 2019 results before markets opened Wednesday. The Beijing-based coffee shop operator reported an adjusted operating loss of $0.48 per American depositary share (ADS) ...Read Full Story »
USPS Is Losing $1 Billion a Quarter. How Long Can It Survive?
The U.S. Postal Service (USPS) reported two troubling numbers for its most recent quarter. The first is that revenue was flat at just above $17 billion. The other was that ...Read Full Story »
Wall Street’s Identity and Brand Crisis With Lyft and Uber
Choosing between Lyft Inc. (NASDAQ: LYFT) and Uber Technologies Inc. (NYSE: UBER) apparently is not quite the coin toss that some ride-hailing consumers might have guessed. At least that's what ...Read Full Story »
What’s Driving Uber’s Q2 Into the Ground
Uber Technologies, Inc. (NYSE: UBER) released second-quarter financial results after markets closed Wednesday. The company said that it had a net loss of $4.72 per share and $3.17 billion in ...Read Full Story »
Still Lots of Money to Be Made Renting Household Goods
It is an interesting time in the markets and the economy. Unemployment remains near historic lows and consumers by and large has access to cash and credit to spend when ...Read Full Story »
Analysts Are Chasing Roku Even Higher
Roku Inc. (NASDAQ: ROKU) stock has been a big hit this year, more than tripling since January, although analysts seem to be behind the curve when calling for upside for ...Read Full Story »
What to Expect When Uber Reports After the Close
Uber Technologies Inc. (NYSE: UBER) is scheduled to release its second-quarter results after the markets close on Thursday. The consensus estimates are calling for a net loss of $3.19 per ...Read Full Story »
Is Lyft Finally Getting It Right This Quarter?
Lyft, Inc. (NASDAQ: LYFT) released second-quarter financial results after markets closed Wednesday. The company said that it had a net loss of $2.23 per share and $867.26 million in revenue, ...Read Full Story »
Subway to Offer Meat(less)ball Sandwich Next Month
Based on the number of store locations at the end of 2018, the largest fast-food company in the United States is privately held Subway with 24,798 stores. And that's after ...Read Full Story »
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