DraftKings (DKNG:NASDAQ): Short-seller’s Report Takes Bets Off the Table
Shares of DraftKings (DKNG:NASDAQ) fell by as much as 6% in the pre-market and dropped by as much as 14% after a report
[...]
Finance
Nvidia’s (NVDA.NASDAQ) Pre-Earnings Stock Split Announcement is Well Timed
On May 21, 2021 Nvidia (NVDA.NASDAQ) announced a 4-for-1 stock split for each shareholder who held the company’s shares as of June 21,
[...]
Anti-trust concerns on 7-Eleven’s acquisition keeps investors on the sidelines
Investors should brace themselves for fireworks surrounding 7-Eleven’s latest acquisition going by the scathing statements of the United States Federal Trade Commission (FTC).
[...]
Baidu (BIDU.Q) and Geely (0175.HK) Agree to $7.7 billion Smart Car Investment Venture
Jidu Auto, an electric vehicle venture between China’s tech giant Baidu (BIDU.Q) and Chinese automaker Geely (0175.HK), aims to plough 50 billion yuan
[...]
Kimco Realty (KIM.NYSE) Acquires Rival Weingarten Realty (WRI.NYSE) in $3.87 Billion Merger
Kimco Realty (KIM.NYSE), and Weingarten Realty Investors (WRI.NYSE), have entered into a definitive merger agreement. The deal will see Weingarten merge with Kimco,
[...]
TikTok Ventures into E-commerce Space by Teaming Up With Shopify (SHOP.NYSE)
From the outset, social media has provided an indispensable resource for businesses looking to boost their sales both online and in-store. These platforms
[...]
Netflix (NFLX.Q) hits a wall.
In Q3, 2020 Netflix added 2.2 million subscribers – below Wall Street’s and Netflix’s expectations. NFLX had previously forecast adding 2.5 million paid
[...]
Major Bank pledges to become more inclusive
JPMorgan Chase has stated has stated that it plans to help 1 million people open checking accounts. Shockingly, minorities pay more for their
[...]
Harley Davidson (HOG.NYSE) revs up its engines and high-tails out of India.
Harley-Davidson just fled the world’s biggest motorcycle market. The iconic US motorcycle brand is shutting its factories in India and reducing its sales
[...]
Tesla (TSLA.Q) 3X short sellers finally get some joy
Baillie Gifford, Tesla’s (TSLA.Q) largest non-insider shareholder, has sold-off of its Tesla shares. A filing with the SEC on Wednesday showed that the
[...]