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The index fell 767.27 points, or 2.9%, and closed at 25,717.74. It was down as much as 961.63 points during the day on M...
08/06/2019
The Stock Market Suffers Worst Day of 2019 - Wall Street Nation

The index fell 767.27 points, or 2.9%, and closed at 25,717.74. It was down as much as 961.63 points during the day on Monday.

http://ow.ly/xYfF30pj9Ra

It was a day of bleeding on Monday for all of the indexes, as China retaliated against President Trump's latest tariff move. President Trump recently announced that the U.S. would impose a 10% tariff on $300 billion worth of Chinese imports. The tariff will take effect on Sept. 1. The index fell

Square not only delivered second quarter financial results on Thursday but also announced that it is selling Caviar, its...
08/02/2019
Square to Sell Caviar to DoorDash for $410 Million - Wall Street Nation

Square not only delivered second quarter financial results on Thursday but also announced that it is selling Caviar, its food-delivery service to DoorDash for a cool $410 million.

http://ow.ly/ZADe30phjCk

Square not only delivered second quarter financial results on Thursday but also announced that it is selling Caviar, its food-delivery service to DoorDash for a cool $410 million. According to a securities filing, Square purchased the company for only $44.3 million five years ago.Nice return for

It was on Wednesday that mobile video game publisher Zynga reported second quarter financial results that exceeded expec...
08/02/2019
Zynga Reports Second Quarter Results and Beats Expectations - Wall Street Nation

It was on Wednesday that mobile video game publisher Zynga reported second quarter financial results that exceeded expectations.

http://ow.ly/TZvt30phjyU

It was on Wednesday that mobile video game publisher Zynga reported second quarter financial results that exceeded expectations. The San Francisco-based company said it made $73 million in adjusted earnings before interest, taxes, depreciation and amortization. The company also said that booki

Wall Street wasn’t too thrilled with chipmaker Qualcomm’s third quarter financial results this week, which missed on...
08/02/2019
Qualcomm Disappoints in Latest Quarterly Report - Wall Street Nation

Wall Street wasn’t too thrilled with chipmaker Qualcomm’s third quarter financial results this week, which missed on both revenue and guidance.

http://ow.ly/F9Wa30phjvx

Wall Street wasn't too thrilled with chipmaker Qualcomm's third quarter financial results this week, which missed on both revenue and guidance. According to CEO Steve Mollenkopf, Huawei gained smartphone market share in China, which hurt the company. The two companies are in a royalty dispute an

07/30/2019
Facebook Can't Guarantee that Libra Will Happen - Wall Street Nation

The social media site said that it cannot guarantee that Libra “will be made available in a timely manner, or at all.”

http://ow.ly/jWV830pfyTM

According to Facebook's latest quarterly report, its highly talked about blockchain digital currency Libra, may not even happen. The social media site said that it cannot guarantee that Libra "will be made available in a timely manner, or at all.” Facebook reminded investors in its latest quar

Capital One Financial Corp announced on Monday that personal information including names, addresses, phone numbers and c...
07/30/2019
Capital One Has Massive Data Breach Affecting Millions - Wall Street Nation

Capital One Financial Corp announced on Monday that personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million people in Canada were breached.

http://ow.ly/mcCq30pfyLw

Many were shocked to learn that another massive data breach is now affecting millions of people. Capital One Financial Corp announced on Monday that personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million

Shares fell 13% on the news in extended trading on Monday. Despite this, shares have still seen a jump of 788% since the...
07/30/2019
Beyond Meat Share Just Took a Nose Dive - Wall Street Nation

Shares fell 13% on the news in extended trading on Monday. Despite this, shares have still seen a jump of 788% since the company went public back in May.

http://ow.ly/WKot30pfyCn

It was a disappointing day for meat alternative company Beyond Meat, which up until now had seen some stellar growth in the market. The company posted mixed quarterly results and Wall Street wasn't too happy digesting the numbers. The company also announced a secondary share offering of 3.25 mill

The newspaper cited unidentified sources and said that KKR, a private equity firm in the U.S., has agreed to pay $2.2 bi...
07/25/2019
KKR Agrees to Buy Campbell Soup's International Business - Wall Street Nation

The newspaper cited unidentified sources and said that KKR, a private equity firm in the U.S., has agreed to pay $2.2 billion to buy the business.

http://ow.ly/PJHD30pdgT7

According to a report in the Australian Financial Review newspaper, KKR has agreed to acquire Campbell Soup's international business which includes the biscuits brand Tim-Tams. The newspaper cited unidentified sources and said that KKR, a private equity firm in the U.S., has agreed to pay $2.2 bi

Shares of social media giant Facebook were heading higher on Wednesday after the company reported an earnings beat in it...
07/25/2019
Facebook Shares Explode After Reporting Earnings - Wall Street Nation

Shares of social media giant Facebook were heading higher on Wednesday after the company reported an earnings beat in its second quarter financial results.

http://ow.ly/hJ1a30pdgQa

Shares of social media giant Facebook were heading higher on Wednesday after the company reported an earnings beat in its second quarter financial results. For its Q2 2019 report, Facebook reported revenue of $16.9 billion while analysts had been expecting $16.5 billion. Earnings per share were $

WSJ reported that some employees have already received notification that they would be laid off and that more job cuts c...
07/16/2019
Huawei Is Planning for Many Layoffs in the U.S. - Wall Street Nation

WSJ reported that some employees have already received notification that they would be laid off and that more job cuts could be announced shortly.

http://ow.ly/55tv30p8LUG

According to a Wall Street Journal (WSJ) report, Chinese multinational technology company Huawei Technologies Co. Ltd. is anticipating many layoffs in the United States as it continues to endure a U.S. blacklisting. The WSJ, citing people familiar with the matter, has reported that the layoffs ar

The agreement authorizes that Baidu will act as Snap’s representative to advertisers in Greater China, Japan and South...
07/16/2019
Snap and Baidu Have Renewed their Asia Sales Partnership - Wall Street Nation

The agreement authorizes that Baidu will act as Snap’s representative to advertisers in Greater China, Japan and South Korea. The partnership first began in spring of 2017.

http://ow.ly/wAd730p8LQx

Wall Street learned this week that Chinese search engine Baidu, Inc. and Snap Inc. have renewed their Asia sales partnership. The agreement authorizes that Baidu will act as Snap’s representative to advertisers in Greater China, Japan and South Korea. The partnership first began in spring of 2017

It was on Monday that a federal judge decided to cut a Roundup jury award from $80.27 million to $25.3 million to Edwin ...
07/16/2019
A U.S. Judge Lowers Jury Award for Cancer Patient from Roundup - Wall Street Nation

It was on Monday that a federal judge decided to cut a Roundup jury award from $80.27 million to $25.3 million to Edwin Hardeman, who blamed the company’s weed killer for his cancer.

http://ow.ly/39jQ30p8LMz

It was on Monday that a federal judge decided to cut a Roundup jury award from $80.27 million to $25.3 million to Edwin Hardeman, who blamed the company's weed killer for his cancer. U.S. District Judge Vince Chhabria in San Francisco rejected the company's bid fo a new trial. Bayer says it plans

According to CNBC’s Top States for Business study, the reason for the abrupt decision was based on data analysis and l...
07/11/2019
This is Why Amazon Chose Virginia for its Second Headquarters - Wall Street Nation

According to CNBC’s Top States for Business study, the reason for the abrupt decision was based on data analysis and led the e-commerce giant to focusing on Northern Virginia.

http://ow.ly/3faw30p6MAS

It was this past February that Amazon decided to suddenly pull out of a deal that would have placed its second headquarters in Long Island City, Queens. According to CNBC's Top States for Business study, the reason for the abrupt decision was based on data analysis and led the e-commerce giant to

Prevail Therapeutics shares were on the rise on Monday after Wall Street learned that the Food & Drug Administration had...
07/09/2019
The FDA Has Granted Prevail's Parkinson's Treatment Fast Track Designation - Wall Street Nation

Prevail Therapeutics shares were on the rise on Monday after Wall Street learned that the Food & Drug Administration had granted fast track designation for PR001 for the treatment of Parkinson’s disease patients with a GBA1 mutation.

http://ow.ly/bVrP30p5WcI

Prevail Therapeutics shares were on the rise on Monday after Wall Street learned that the Food & Drug Administration had granted fast track designation for PR001 for the treatment of Parkinson's disease patients with a GBA1 mutation. Parkinson’s disease is a chronic, progressive neurodegenerative

In a major $7.4 billion euros overhaul, Deutsche Bank is slashing 18,000 jobs around the world. http://ow.ly/vcIB30p5W8n
07/09/2019
Deutsche Bank is Cutting Thousands of Jobs - Wall Street Nation

In a major $7.4 billion euros overhaul, Deutsche Bank is slashing 18,000 jobs around the world.

http://ow.ly/vcIB30p5W8n

In a major $7.4 billion euros overhaul, Deutsche Bank is slashing 18,000 jobs around the world. The bank will be cutting back its global equities business as well as cutting back its investment bank. It will also cut some of its fixed income operations. According to a Reuters, Deutsche Bank wi

It was over the 4th of July weekend that several police officers were asked to leave a Tempe, Arizona Starbucks by a bar...
07/09/2019
Starbucks Faces Backlash as Police are Thrown Out of Store - Wall Street Nation

It was over the 4th of July weekend that several police officers were asked to leave a Tempe, Arizona Starbucks by a barista.

http://ow.ly/FNPF30p5W4Z

A growing movement has taken over social media against coffee giant Starbucks. It was over the 4th of July weekend that several police offers were asked to leave a Tempe, Arizona Starbucks by a barista. Supporters of law enforcement have taken to social media to share their opinions on the in

According to an IAM report, chip maker Intel Corp. is auctioning off roughly 8,500 patents and is hoping for nonbinding ...
07/02/2019
Intel Corp. is Auctioning Thousands of Mobile Patents for This Reason - Wall Street Nation

According to an IAM report, chip maker Intel Corp. is auctioning off roughly 8,500 patents and is hoping for nonbinding bids by early next month.

http://ow.ly/LNPi30p3hYh

According to an IAM report, chip maker Intel Corp. is auctioning off roughly 8,500 patents and is hoping for nonbinding bids by early next month. The company's portfolio includes roughly 6,000 patents that are related to 3G, 4G and 5G mobile modem standards, 1,700 patents around wireless implemen

The S&P 500 hit a record high on Monday after Wall Street learned that there was a trade truce between President Trump a...
07/02/2019
Experts Weigh In as S&P 500 Soars to New High on U.S and China Trade Truce - Wall Street Nation

The S&P 500 hit a record high on Monday after Wall Street learned that there was a trade truce between President Trump and Chinese President Xi Jinping this past weekend.

http://ow.ly/ASjf30p3hWE

The S&P 500 hit a record high on Monday after Wall Street learned that there was a trade truce between President Trump and Chinese President Xi Jinping this past weekend. Some experts weighed in on the market heading higher. According to Gene Goldman, chief investment officer at Catera Invest

The reality TV star and entrepreneur had chosen the name “Kimono” for her new shape-ware brand but had been met with...
07/02/2019
Kim Kardashian Decides to Rename Her Business After Extreme Backlash - Wall Street Nation

The reality TV star and entrepreneur had chosen the name “Kimono” for her new shape-ware brand but had been met with major backlash. Some have even accused her of cultural appropriation.

http://ow.ly/TKVW30p3hVC

Kim Kardashian has created quite the commotion over a name she had wanted for her new brand. The reality TV star and entrepreneur had chosen the name "Kimono" for her new shape-ware brand but had been met with major backlash. Some have even accused her of cultural appropriation. On Monday Kim

Shares of fast food giant McDonald’s were soaring on Tuesday and hit an all-time high of $206.39. http://ow.ly/3zsw30p...
06/27/2019
McDonald's Soars to All-Time High After This Happened - Wall Street Nation

Shares of fast food giant McDonald’s were soaring on Tuesday and hit an all-time high of $206.39.

http://ow.ly/3zsw30p1k1e

Shares of fast food giant McDonald's were soaring on Tuesday and hit an all-time high of $206.39. The big move came after the company announced on Monday that after oen year of serving fresh beef Quarter Pounders all across the U.S., the company had seen an increase in burger share in the "inform

According to a report in The Verge, tech giant Google is warning its employees about protesting at the Pride parade in S...
06/27/2019
Google Warns its Employees About Protesting During Pride Parade in SF - Wall Street Nation

According to a report in The Verge, tech giant Google is warning its employees about protesting at the Pride parade in San Francisco this weekend. The company has said that this would violate the company’s code of conduct.

http://ow.ly/OF9V30p1jWQ

According to a report in The Verge, tech giant Google is warning its employees about protesting at the Pride parade in San Francisco this weekend. The company has said that this would violate the company's code of conduct. For almost a month, employees of the company have been internally protesti

The stock fell 3.57% after the bank cut its rating on the employment services company from “neutral” to “underperf...
06/27/2019
Shares of Paychex Tumble on Bank of America Downgrade - Wall Street Nation

The stock fell 3.57% after the bank cut its rating on the employment services company from “neutral” to “underperform.”

http://ow.ly/7pvD30p1jVZ

Shares of Paychex were falling on Wednesday after the company received a downgrade from Bank of America which blamed "excessive valuation" and "underwhelming fundamentals." The stock fell 3.57% after the bank cut its rating on the employment services company from "neutral" to "underperform." B

Eldorado Resorts Inc. has agreed to purchase Caesars Entertainment Corp. for roughly $8.7 billion in a cash and stock tr...
06/25/2019
Eldorado Resorts has Agreed to Buy Caesars Entertainment Corp. - Wall Street Nation

Eldorado Resorts Inc. has agreed to purchase Caesars Entertainment Corp. for roughly $8.7 billion in a cash and stock transaction.

http://ow.ly/Uf1530p0ipb

According to a source close to the situation, Eldorado Resorts Inc. has agreed to purchase Caesars Entertainment Corp. for roughly $8.7 billion in a cash and stock transaction. The deal values Caesars at about $13 a share, according to the unidentified source. With assuming Caesars debt, the t

Shares of Beyond Meat were down about 5% this past Friday morning after Shake Shack’s CEO revealed that the company ha...
06/25/2019
Another Restaurant Says No to Adding Beyond Meat to Menu - Wall Street Nation

Shares of Beyond Meat were down about 5% this past Friday morning after Shake Shack’s CEO revealed that the company has “no intention” of adding Beyond Meat to its menu right now.

http://ow.ly/JnDQ30p0imF

Shares of Beyond Meat were down about 5% this past Friday morning after Shake Shack's CEO revealed that the company has "no intention" of adding Beyond Meat to its menu right now. Shake Shack CEO Randy Garutti told CNBC that the burger chain was going to watch "a little bit." He commented, "Shake

Things may now be looking up for the company as it just won its first 737 Max order since the deadly crashes. Shares of ...
06/19/2019
Boeing Scores First 737 Max Order Since Airplane Crashes - Wall Street Nation

Things may now be looking up for the company as it just won its first 737 Max order since the deadly crashes. Shares of Boeing’s stock subsequently sailed over 5% on the news.

http://ow.ly/QEuG30oYeE2

It's been a rough several months for Boeing, the world's largest aerospace company. Two fatal crashes caused Boeing's 737 Max jets to be grounded since March. Things may now be looking up for the company as it just won its first 737 Max order since the deadly crashes. Shares of Boeing's stock sub

According to a filing from the federal agency, Valisure, an online pharmacy company licensed in 37 states, told the FDA ...
06/19/2019
Pharmacy Wants FDA of Chemical Causing Cancer in Blood Pressure Medication - Wall Street Nation

According to a filing from the federal agency, Valisure, an online pharmacy company licensed in 37 states, told the FDA last week that high levels of dimethylformamide were found in the blood pressure medicine.

http://ow.ly/sXOw30oYeCf

Valisure has warned the Food and Drug Administration of a chemical that is believed to cause cancer. The chemical is widely used in blood pressure medication called Valsartan, that is produced by Novartis as well as other pharmaceutical companies. According to a filing from the federal agency, Va

Just hours after Facebook unveiled Libra, Rep. Maxine Waters (D) requested that the company put a pause on Libra’s dev...
06/19/2019
Facebook Reveals Details of Cryptocurrency Libra and is Met with Opposition - Wall Street Nation

Just hours after Facebook unveiled Libra, Rep. Maxine Waters (D) requested that the company put a pause on Libra’s development. Facebook had been working on Libra for the past year.

http://ow.ly/kk3F30oYeBv

It was a big day on Tuesday for Facebook, as the social media giant revealed details on its digital currency Libra. The currency will become available for online users next year. Just hours after Facebook unveiled Libra, Rep. Maxine Waters (D) requested that the company put a pause on Libra's dev

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