By Michael Tedder Netflix layoffs continue as the streaming giant executes a plan to cope with slow revenue growth. Netflix has laid off an additional 300 employees this week, as the once dominant streaming service contends with a declining subscriber …
Will California Tech Keep Moving to Texas After Roe Decision?
By Tom Bemis As companies seek states with less regulation, their female employees face more. Large companies have been moving their headquarters from places like California, Illinois, and New York to states with more relaxed regulatory regimes for yea…
Will Increased Traveling Send Cruise Stocks Into a Rally?
By Bret Kenwell Cruise stocks like Carnival and Royal Caribbean have been obliterated, but now they’re bouncing. Can travel trends keep these stocks afloat? When it comes to trading and investing, it’s common to hear that the market is a forward-lookin…
Money Exits Stock and Bond Funds Amid 2022 Tumble
By Dan Weil The S&P; 500 has endured a negative return of 20% year to date, and the Bloomberg Aggregate bond index has dropped 11%. It obviously hasn’t been a very good six months for stocks or bonds. The S&P 500 has generated a negative return of 20% …
Aurora Cannabis Follows Tesla in Buzz-Killing Trend
By Tony Owusu Problems in other areas of the economy have begun to take hold at Cannabis companies as well. There have been a slew of high profile layoff announcements in recent weeks as CEO’s prepare for what they expect to be a tough economic road ah…
Roe Decision Forces Disney, Netflix to Take a Political Stand
By Veronika Bondarenko Disney, JP Morgan Chase, and outgoing Meta COO Sheryl Sandberg are just a few speaking out against the ruling. With the the Supreme Court having overturned the constitutional right to abortion in a 6-3 decision, the reverberation…
When Will Royal Caribbean Bring Back an Adult Favorite Activity?
By Daniel Kline The cruise line has not brought back a popular very adult event, but there are signs that may change. Cruising has largely returned to what it was before the pandemic — at least once you board the ship. Before you cruise, Royal Caribbe…
JPMorgan Puts Wall Street At Center of Roe V Wade, Will Pay For Employee Abortion Access
By Martin Baccardax JPMorgan, the nation’s largest bank, reportedly told employees it will pay travel costs for women needing abortion and reproductive health access. JPMorgan Chase (JPM) – Get JP Morgan Chase & Co. Report put Wall Street at the center…
Burger King Tries for Menu Success Where McDonald’s McFailed
By Daniel Kline Both fast-food chains have tried to offer something very different (and Burger King’s new menu item certainly counts as that). Fast-food chains have a long history of trying to serve as broad an audience as possible. That has led to end…
FedEx Stock Soars After Q3 Earnings Beat, Solid 2023 Profit Outlook
By Martin Baccardax “While Q4 volumes were down year-over-year we successfully implemented strategic actions that drove double-digit yield improvement across the board,” said CEO Raj Subramaniam. FedEx (FDX) – Get FedEx Corporation Report shares moved …