By Tony Owusu Spotify Car Thing is available in the U.S. this week as the company looks to turn a profit for the first time in 2022. Spotify (SPOT) – Get Spotify Technology SA Report and its media war with Apple (AAPL) – Get Apple Inc. Report is going …
What’s Coming Next on the Las Vegas Strip? (More Than You Might Imagine)
By Daniel Kline New casinos are only part of the equation as a lot of huge projects are coming with Caesars and MGM leading the way. The Las Vegas Strip never stops changing. Casinos change names and get demolished, and once-vacant plots of land become…
Rivian Clears a Key Obstacle to Its Expansion
By Luc Olinga EV manufacturer Rivian is trying to obtain all the necessary authorizations to build a second production site in the U.S. state of Georgia. In the raging EV war, all the automakers are seeking an edge against rivals. And in a race arbitra…
CVS Health Sets Its Sights on a Fast-Growing Market
By Daniel Kline The pharmacy chain has been reinventing its business, and its latest move fits with those efforts. CVS Health (CVS) – Get CVS Health Corporation Report wants to be more than a place where you pick up your prescription while maybe buying…
Facebook Receives Bad News That Could Disrupt Its Business
By Luc Olinga Mark Zuckerberg’s company, which has been battered on the stock market since poor fourth quarter’s earnings, sees the problems piling up one after the other. Mark Zuckerberg would no doubt love to receive good news. In any case, he would …
Companies Shelling Out More Capital in 2022
By Ellen Chang Many companies increased their capital expenditure budgets in 2022 to grow and expand their footprint. Companies increased their capital expenditure budgets in 2022 to increase their footprint, meet greater demand and beat their competit…
Semiconductor Watch List: Key Chip Ingredients At Risk in Ukraine Conflict
By Brian O’Connell Russia and Ukraine each produce substantial amounts of materials needed to manufacture computer chips. The benchmark PHLX Index (SOX) began the holiday-shortened week at 3,384 before sliding on Tuesday after Russian dictator Vladimir…
Tech Investors Need to Brace for Impact as Declines Continue
By Vidhi Choudhary Some tech investors have witnessed catastrophic or even nightmarish losses as flagship companies like Meta and Roblox see their market values collapse. Technology stocks have been bleeding in 2022, share prices of some companies tout…
How Did 4,000 Lamborghini And Porsche Cars Get Lost At Sea?
By Veronika Bondarenko A cargo ship fire could cost Volkwagen as much as $155 million in destroyed cars. If you think you’ve had a bad start to the week, Volkwagen (VLKAF) may have one over on you: thousands of Porsche, Bentley, Audi and Volkswagen car…
Home Depot Stock Alert: Buy the Earnings Dip?
By Bret Kenwell Home Depot stock is getting nailed on Tuesday. Here’s where support may come into play. Shares of Home Depot (HD) – Get Home Depot, Inc. Report are not trading too well on Tuesday morning, down about 9% after the company reported earnin…