American Airlines will sell new shares that are more than 10% of the current number of outstanding shares. The largest…
Catastrophic Wirecard Failure Send Stock Plunging 60% in 30 Minutes
The Wirecard stock dropped 60% after Ernst and Young (EY) said it found lacking evidence for $2.1 billion in cash.…
Wall Street’s iPhone 12 5G Buzz Has Citi Calling a $400 Apple Share
Citi raised Apple share price target to $400, due mostly to the upcoming 5G iPhone 12 release. Apple had been…
Trump Just Handed Warren Buffett a Bag With AmEx Entry to China
China is opening its financial sector to American Express. It’s the first foreign credit card company to do business in…
Boeing Stock Rally Stalls as Deliveries Plunge to 60-Year Low
Boeing stock faced significant losses for a second straight day. The company isn’t making or selling planes and is losing…
The Death of the American Shopping Mall Is Coming Sooner Than You Think
The pandemic is accelerating the demise of shopping malls. A third of U.S. malls could close their doors by next…
You’ll Never Guess What Stock Just Became America’s 3rd-Largest Car Company
Nikola just became America’s third-biggest car company. It’s more than just a fairytale success story. Nikola has never actually delivered…
Amazon’s Rich Rally is Signalling Jeff Bezos as the $200 Billion Man
RBC has upped its price target to $3,300 per share, about 32 percent higher from current prices. That would send…
7 Companies You Should Renounce If You Support Black Lives Matter
Many companies have publicly endorsed Black Lives Matter after George Floyd’s death. Not all of these firms have helped the…
The Real Reason Elon Musk Suddenly Sounds Like Bernie Sanders
One week he is aligning with Ivanka Trump. The next, he is rooting for policies associated with Senators Bernie Sanders…