Meal kit delivery provider Blue Apron (NYSE: APRN) has thrown a lot at the wall to see if something sticks to help it pull out of its downward spiral. Not much has worked, and now even its tried-and-true strategy of increasing the amount of money it spends on marketing isn’t […]
FOX Business News
Equinix Delivers Double-Digit Revenue and AFFO Growth
Equinix (NASDAQ: EQIX) reported second-quarter 2018 results after the market close on Wednesday. The market largely shrugged off the earnings release, with the stock moving little on Thursday, closing down 0.6%. Continue Reading Below Here’s how the quarter worked out for the data center operator and global interconnection specialist — […]
Could This Be Apple’s Next Billion-Dollar Business?
Five years ago, in the thick of iPhone mania, Apple (NASDAQ: AAPL) CEO Tim Cook shocked investors with the bold declaration that “[Apple] is not a hardware company.” Cook’s point was that a device sale was the beginning of a relationship, and the company would continue to profit from software […]
Alibaba’s Starbucks Partnership Is Just the Start for Its Newly Acquired Delivery Network
Alibaba Group (NYSE: BABA) is already using the large delivery fleet it acquired when it took control of food delivery company Ele.me in May. The e-commerce giant announced in early August that it would use Ele.me’s extensive delivery network to assist China’s largest coffee provider, Starbucks (NASDAQ: SBUX), in a […]
Tech Stocks This Week: Square Gets a Buy Rating, Roku Jumps, and More
In a volatile week for many tech stocks as earnings season continued chugging along, three stories in tech were particularly interesting, including news from fintech company Square (NYSE: SQ), streaming-TV specialist Roku (NASDAQ: ROKU), and cloud-storage provider Dropbox (NASDAQ: DBX). An analyst warmed up to Square’s improving business, giving the […]
Why TransEnterix Stock Rocketed Higher in July
What happened TransEnterix (NYSEMKT: TRXC), an upstart robotic-surgery company, saw its shares gain a stellar 22.7% in July, according to data from S&P Global Market Intelligence. The spark? Continue Reading Below TransEnterix’s shares heated up following a corporate update early in the month. Most importantly, the company noted that it […]
It’s Time to Get Greedy With Zuora Inc. Stock
For almost five years, the “sharing economy” has been the Next Big Thing. Uber, Lyft, and Airbnb are the most popular names underscoring a monumental shift: Access to material goods is now more important than ownership of said goods. There are hundreds more companies banking on this shift. Tien Tzuo, […]
Why Opko Health, Inc. Stock Soared in July
What happened Shares of Opko Health (NASDAQ: OPK) gained a stately 19.6% in July, according to data from S&P Global Market Intelligence. What drove this sizable upturn? Continue Reading Below Opko’s shares have been steadily creeping upward of late because of the growing optimism that the company is close to […]
Turkey’s president: US waging “economic war” against Turkey
Image 1 of 2 ▼ Turkey’s president is blaming the country’s economic downturn on the United States and other nations that he claims are waging “war” against his country. Continue Reading Below Speaking Saturday in the northeastern province of Rize, President Recep Tayyip Erdogan said dollars, euros and gold were […]
Should Equity Investors Lose Sleep Over the Yield Curve?
This article was originally published on ETFTrends.com. By Alliance Bernstein via Iris.xyz A single line chart is keeping an awful lot of investors up at night: the US Treasury yield curve. It’s been flattening steadily since the end of 2016 and is nearly the flattest it’s been since 2007. We all remember what […]