DAWN is the new Wall Street’s stock acronym that stands for Domino’s Pizza, Activision, Walmart, and Netflix. These stocks, as well as tech shares, are now worth investing in.Now the market is surrounded by coronavirus concerns. These fears are in the first place reflected in stocks that continue sliding. As a result of the downward movement, investors wonder which shares to buy to stay in the black and boost their fortune under the conditions given. And the answer is simple: DAWN.Obviously,...
Read More »Amazon (AMZN) Stock Down 4% on Thursday, Walmart Working on Amazon Prime Competitor
With AMZN stock down 4%, the e-commerce is facing competition from Walmart that is working on a new service Walmart+ to surpass Amazon Prime. As coronavirus reaches for more countries outside China, tech companies are suffering stock collapse. This week, Apple Inc (NASDAQ: AAPL), Exxon Mobil Corporation (NYSE: XOM) and Intel Corporation (NASDAQ: INTC) plunged 6% each. AMN Healthcare Services Inc (NYSE: AMN) and Nvidia Corporation (NASDAQ: NVDA) dropped 7.3% and 5.6% respectively. Further,...
Read More »Amazon (AMZN) Stock Drops After Hours as Coronavirus in China Threatens Amazon Sellers
Amazon (AMZN) stock has been already seriously hit by the coronavirus and things might get a lot worse for the e-commerce giant very soon if nothing changes.Many companies, regardless of their size, are still reeling from the general effects of the coronavirus. These companies are having a hard time controlling losses and maintaining their normal core functions as the epidemic continues to spread. Since the coronavirus has been worsening, the markets have been taking a much deeper plunge and...
Read More »Plug Power (PLUG) Stock Rose on Friday while Market Was in Red, Could It Be the New Tesla?
Today the price of Plug Power (PLUG) stock is falling. But its recent market performance has shown that it could become the new Tesla.Plug Power Inc. (NASDAQ: PLUG) stock managed to grow on Friday while the whole market was actively losing its value. This has led many investors to consider Plug with its stock to be the new Tesla Inc. (NASDAQ: TSLA). It has also revitalized investors’ hopes in alternative energy as a whole. Sources indicate that the stock has risen by about 20% this month....
Read More »Amazon (AMZN) Stock Is Growing while Walmart Pays Investors to Make Them Happy
Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.Amazon (AMZN) stock is in green these days while Walmart (WMT) stock is falling. Do these events have any relation to the companies’ performance and approaches? Let’s have a look at how both companies are doing.John Furner, President and CEO of Walmart US, said recently that the role of corporations has changed. By saying that, Furner was thinking of making...
Read More »Walmart (WMT) Stock Is Down as Company Reports Disappointing Q4 Earnings
Figures reported by Walmart as earnings for its 2019 fourth quarter have disappointed the market and falls short of analyst expectations. As a result, the price of Walmart (WMT) started falling.Even though they should know better the market usually expects big companies to announce impressive figures in their earnings report. All companies including big ones have their challenges and sometimes, these challenges are strong enough to put a dent in their quarterly figures. This is exactly the...
Read More »Bakkt Will Strongly Focus on Consumer Adoption in 2020, Says ICE CEO
ICE CEO Jeffrey Sprecher noted that Bakkt is the main booster for ICE’s growth and that the key focus for Bakkt in 2020 is consumer adoption.Bakkt, a company that is backed by the Intercontinental Exchange (ICE) which is also the proprietor to NYSE, will focus primarily on consumer adoption in the fiscal year 2020. This is according to ICE CEO, Jeffrey Sprecher who spoke during the Intercontinental Exchange’s Q4 earnings on Thursday, February 06, 2020.According to Sprecher, after Bakkt...
Read More »Johnson & Johnson Stock Is Rising as Company Is Going to Create Coronavirus Vaccine
The stock market is famous for its volatility. While companies operating in one industry are on the rise, businesses in other spheres are suffering drops in prices. Currently, the world is obsessed with the rapidly spreading coronavirus that initially appeared in China. And obviously, it could not just pass by the pharmaceutical industry and such companies like Johnson & Johnson, producer of medical devices and pharmaceutical goods. Johnson & Johnson stock has seen growth last week....
Read More »Food Delivery Giant Grubhub Denies Running Selling Process
Recently, there appeared reports stating that American food delivery giant Grubhub is in talks with Walmart, Kroger, Albertsons, and Ahold-Delhaize. Some have rumored that the companies may acquire the leading food ordering and delivery company. The discussions around the news became even hotter after the comments of Brittain Ladd, ex-Amazon executive, and supply-chain consultant.Ladd said:“I have spoken with executives from each company (especially Walmart) and there is interest in acquiring...
Read More »Walmart’s New Shopping Platform Alphabot Can Change the Grocery Game
Walmart’s new shopping platform might be the next big thing. America’s largest retailer has been testing a new shopping platform. The platform referred to as Alphabot has begun trial testing at a supercenter in Salem, New Hampshire. The aim of Alphabot is simple. Grocery shopping can be a chore for many. Automation of the process saves time. Customers’ needs may vary. And Alphabot is a system to automate all customer’s needs. Human interaction is necessary only at the end of the selection...
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