The results are in and Walmart’s (WMT) – Get Walmart Inc. Report first annual Walmart+ Weekend was a mixed bag. Walmart is the only company with the size and resources to compete with Amazon’s (AMZN) – Get Amazon.com Inc. Report warehouse-to-door e-commerce pipeline. But Walmart is playing catchup to Amazon, which has dominated the space for two…
Amazon’s 20-for-1 stock split was executed June 6, and the stock is trading higher as a result. But why? Aren’t stock splits meaningless? The answer is more complicated than you may think — especially if you’re an options trader. Let’s look at the different ways Amazon’s split will affect the options market. Cheaper to Hedge…
Navigating the Las Vegas Strip is a challenge for people trying to get from place to place. At times, traffic on The Strip and adjacent roads is gridlocked with vehicles trying to go in all directions. When not trying to travel in a vehicle, crowds of people are walking on Las Vegas Boulevard between casinos…
Elon Musk is almost everywhere. Not a day goes by that he doesn’t tweet. When it’s not news about one of his multiple companies — Tesla (TSLA) – Get Tesla Inc Report, SpaceX, The Boring Company, Neuralink — he posts about politics, geopolitical affairs, or engages with his millions of followers on a variety of topics,…
Elon Musk took out his firefighter costume. Tesla (TSLA) – Get Tesla Inc Report CEO tries to put out the fire he himself started about the manufacturer of high-end electric vehicles. The billionaire entrepreneur sent an email on June 3 to Tesla employees in which he told them about cost-cutting measures in the face of the…
The tough time that the crypto sphere is going through is not about to go away. Judging by the recent decisions announced by the big names in the sector, it is even logical to say that what industry sources call “crypto winter” will continue for several more weeks, at least, even if volatility is the…
Elon Musk doesn’t like unions and does not hide it. He is opposed to the creation of a union at Tesla, and will do anything to make unionization efforts fail. His favorite argument is that the manufacturer of electric vehicles offers among the most attractive working conditions and wages and benefits. His aversion to unions…
Big tech is experiencing a big shift in C-Suite talent as high ranking executives from some of the world’s largest companies take their leave. Amazon is the latest company to announce a big shift as Consumer Chief Dave Clark resigns from Amazon (AMZN) – Get Amazon.com, Inc. Report after 23 years at with company. Clark’s resignation…
Updated at 8:09 am EST Tesla (TSLA) – Get Tesla Inc Report shares moved lower Friday following a report that suggested CEO Elon Musk is looking to pare around 10% of the carmaker’s global workforce. Musk, who just days ago excoriated Tesla executives who wished to work from home, told employees he has a “super bad…
Here are five things you must know for Friday, June 3: 1. — Stock Futures Edge Lower With Jobs Data In Focus U.S. equity futures edged lower Friday, while the dollar held steady against its global peers, as investors braced for a key reading of the domestic job markets amid increasing concerns over the pace of…
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