International Business Machines (IBM) – Get International Business Machines Corporation Report posted better-than-expected second quarter earnings Monday but cautioned that the impact of the strongest dollar in more than two decades would erode full-year sales by around $3.5 billion. IBM said revenues for the three months ending in June rose 9% from last year to…
What does soaring economic uncertainty mean for the leisure brands/retailers industry? It’s not good, Bank of America analysts say. “Our economists are now forecasting a mild recession in the second half of 2022, and we note the group of leisure brands and retailers we cover generally underperformed the S&P 500 during the 2008-2009 financial crisis.” But the…
It is not a battle that gets the headlines. But this fight is just as important for Elon Musk as the standoff between him and Twitter (TWTR) – Get Twitter Inc. Report after he withdrew his $44 billion acquisition offer for the platform. Twitter is a global social network whose logo, the blue bird, is familiar…
Elon Musk versus Twitter (TWTR) – Get Twitter Inc. Report: It’s a battle royale. It’s a battle of titans that will have important consequences for mergers and acquisitions in the future. The world’s richest man and CEO of Tesla (TSLA) – Get Tesla Inc. Report abruptly withdrew his $44 billion bid to acquire the microblogging website…
Elon Musk’s Tesla Roadster has claimed the title as “quickest car in the world,” according to its website. The 2022 Tesla Roadster has good credentials to claim to be the quickest electric vehicle as its specs say it accelerates from 0 to 60 miles per hour in 1.9 seconds, can reach speeds over 250 miles…
Retailers are gearing up for back-to-school sales, as they provide even more discounts and offers for consumers this year. Target (TGT) – Get Target Corporation Report is getting head start on the back-to-school shopping season, by keeping the shopping frenzy going after its Target Deal Days sale which was held on July 11-July 13 to compete with Amazon…
An experiment in making shopping and coffee buying extra convenient is expanding in New York City. A second Starbucks (SBUX) – Get Starbucks Corporation Report Pickup with Amazon Go (AMZN) – Get Amazon.com Inc. Report opened July 12 in the New York Times Building in New York. The store is a combination of Starbucks Pickup and Amazon Go.…
Retailers are always inordinately excited to announce that they will be dropping off their customers’ orders by drone — Walmart (WMT) – Get Walmart Inc. Report first said that it would start using them to drop health and wellness orders to rural parts of Arkansas in the fall of 2021. Amazon (AMZN) – Get Amazon.com Inc.…
(Elon Musk is usually in a big hurry.) – Get Twitter Inc. Report The CEO of Tesla, founder of SpaceX, the Boring Company and Neuralink is used to juggling lots of projects simultaneously. He famously moved his electric vehicle company to Texas from California, so he could avoid regulatory entanglements and get its new, enormous…
Elon Musk and the management of Twitter ( (TWTR) – Get Twitter Inc. Report) are at loggerheads. The two parties are now preparing for their legal battle, the outcome of which will undoubtedly have repercussions on mergers and acquisitions in the future. After nearly three months of a saga marked by twists and surprises, the…
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
JUSD 
Figure Heloc