Wayfair Shares Jump After Q1 Report
Shares of the online home furnishing and goods company Wayfair (NYSE:W) have jumped after the company released its report for the first quarter of 2018, on Wednesday.
The company reported that retail net …
Tesla Being Sued By Nikola Motors for Possible Patent Infringement
Tesla (NASDAQ:TSLA) is being sued by the Utah-based hybrid truck design company Nikola Motors (private) for alleged design patent infringement.
Nikola filed the lawsuit on Tuesday and claimed that Tesla copied several design …
Estee Lauder Companies Reports Quarterly Results – Shares Drop
Shares of the cosmetic, haircare and skincare company The Estée Lauder Companies (NYSE:EL) have dropped after the release of its most recent quarterly results.
Net sales grew 18% compared to the previous year’s …
Snapchat Stocks in -21% Nosedive After Posting Poor Q1 Results
Snapchat stocks have plunged today after the firm posted a poor Q1 financial report on Tuesday and a conference call failed to reassure investors.
At the time of writing, share prices are down …
Match Group, Inc. Stocks Plummet as Facebook Announces Rival Dating App
A new Facebook online dating service has been announced by CEO Mark Zuckerberg, causing the online dating industry to undergo a major shake-up.
Rival dating firm Match Group (NASDAQ:MTCH) already dominates the online …
Kim Jong-Un American Investment – Could We See McDonalds in North Korea?
North Korea wants McDonalds! South Korean president Moon Jae-In has claimed that North Korean leader Kim Jong-Un is prepared to welcome US investment.
Speaking about what this might mean, President Moon Jae-In said: …
Apple Reports Positive Q2 Results
Apple’s Q2 Results were released on Tuesday after the market had closed. The company saw a growth in revenue of 16%, compared with the previous year’s second-quarter results, to $61.1 billion USD.
Revenue …
Gibson Files for Chapter 11 Bankruptcy
Gibson Files for Bankruptcy: The iconic American guitar and music company Gibson Brands Inc. (private) filed for Chapter 11 bankruptcy at a US Bankruptcy Court, on Tuesday.
The company has entered into a …
Hanesbrands Posts Positive Q1 Results
American basic apparel company Hanesbrands Inc (NYSE:HBI) released positive results from its first quarter financial earnings report.
Net sales for the company grew by 7% to USD $1.47 billion, which is significantly higher …
Snapchat Reports Q1 Financial Results
Snapchat (NYSE:SNAP) released its first quarter financial results on Tuesday after the market had closed for the day.
Revenue of the social media company went up 54% year-over-year to $230.7 million as a …