By Martin Baccardax Amazon’s surprise 20-for-1 stock split, the first in two decades, could help the world’s largest retailer tackle one of its biggest challenges. Amazon’s (AMZN) – Get Amazon.com, Inc. Report first stock split in more than 20 years ha…
Trading Amazon Stock After News of a 20-for-1 Stock Split
By Bret Kenwell Amazon stock is rallying after announcing a stock split. Here’s how to trade it now. Amazon (AMZN) – Get Amazon.com, Inc. Report stole the headlines — at least for a few moments — on Wednesday after the close. That came as the company a…
Peloton Tests New Pricing Plan to Lure More Customers
By Dan Weil The company’s stock has withered, as bike demand has suffered from the pandemic’s waning and Peloton’s snafus. Peloton Interactive (PTON) – Get Peloton Interactive, Inc. Class A Report has hit the skids in recent months, hurt by people retu…
New Las Vegas Strip Casino Has a Plan to Take Down Caesars, MGM
By Daniel Kline A long-delayed project gets closer to reality, and its owners have their sights set on a huge piece of business. The pandemic robbed Las Vegas of an important part of its business model. Even after casinos got permission to open (at fir…
Bitcoin Loses Biden Bounce, Slips Below $40,000
By Rob Lenihan Crypto prices are coming down one day after Biden signed his executive order on cryptocurrencies. Well, that didn’t last long. Bitcoin and other digital currencies were sliding Thursday, one day after President Joe Biden signed his execu…
Burger King Bets Big On Its Ugly New Burger
By Colette Bennett The Ugly Burger shows that looks aren’t everything even in the social media age. These days Burger King (QSR) – Get Restaurant Brands International Inc Report really is earning its name, especially when it comes to taking wacky, wild…
Porsche Forced to Suspend Production of Its Popular Electric Sports Car
By Rob Lenihan Porsche and Tesla are competing for the luxury electric vehicle market. Porsche is suspending production of its electric Taycan model at the car maker’s Stuttgart-Zuffenhausen plant due to a lack of components caused by Russia’s invasion…
Starbucks Rival Goes Vegan, Adds Plant-Based Menu
By Veronika Bondarenko Peet’s Coffee just launched a vegan spring menu full of ingredients by Beyond Meat, JUST Egg and Violife. With the market for vegan foods and drinks showing no sign of slowing down, food chains are trying to offer customers ever …
Elon Musk Has a Conspiracy Theory About Satoshi Nakamoto
By Luc Olinga Who created bitcoin? Since 2009 speculation has been going strong. So who is it? It is one of the greatest mysteries of our time, a mystery that torments even the finest detectives. Who is Satoshi Nakamoto, the creator or the creators, of…
This Fashion Brand is Using Social Media to Go Global
By Frank Hartzell CEO tells Jim Cramer that the Super Bowl was a big win for it. Amidst news that Revolve Group (RVLV) – Get Revolve Group, Inc Class A Report has plans to open its first store in Los Angeles, the co-founders of the online fashion retai…