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Luckin Aims To Raise $586.5M With IPO
Luckin Aims To Raise $586.5M With IPO
May 06, 2019  |  Investments

Chinese coffee company Luckin, a fast-growing startup that aims to replace Starbucks as China’s largest coffee giant, is looking to raise $586.5 million ahead of...

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Amazon US One-Day Shipping Reach Now At 72 Pct Of Households
Amazon US One-Day Shipping Reach Now At 72 Pct Of Households
May 06, 2019  |  Amazon Delivery

A new report has revealed that Amazon can offer same-day and next-day delivery to 72 percent of the U.S. population, including almost all of the households...

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Shake Shack Shares Soar On The Wings Of Mobile
Shake Shack Shares Soar On The Wings Of Mobile
May 03, 2019  |  Retail

Shake Shack shares rose as much as 9.7 percent in late trading after the burger chain reported sales that beat estimates. Bloomberg reported that same-store sales...

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OnDeck Tightens Credit Standards As Charge-offs Rise
OnDeck Tightens Credit Standards As Charge-offs Rise
May 02, 2019  |  Earnings

OnDeck Capital’s shares skidded into the close of a trading day that saw shares down as much as 16 percent, tumbling in the wake of...

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Grubhub Spikes 10 Pct Post-CEO Stock Purchase
Grubhub Spikes 10 Pct Post-CEO Stock Purchase
May 02, 2019  |  Markets

Grubhub saw its shares increase as much as 10 percent after it was revealed that its CEO purchased almost $1 million of company stock. The information...

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Apple Restarts Race To $1T Market Cap
Apple Restarts Race To $1T Market Cap
May 01, 2019  |  Earnings

Apple’s shares jumped in trading on Wednesday (May 1) on the back of a strong showing for its second quarter, setting the stage for another...

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Apple Earnings Soar, While iPhone Declines Continue
Apple Earnings Soar, While iPhone Declines Continue
April 30, 2019  |  Earnings

With a top and bottom line beat, a stock buyback and stronger than expected guidance for Q3, there was a lot for investors to like...

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GM Posts Better-Than-Expected Q1 Profits
GM Posts Better-Than-Expected Q1 Profits
April 30, 2019  |  Earnings

General Motors reported quarterly profit that was higher than expected on Tuesday (April 30), and the company said its shares were helped by holdings in...

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Uber Drivers Could Get $40K Pre-IPO Bonus
Uber Drivers Could Get $40K Pre-IPO Bonus
April 28, 2019  |  IPO

Uber is gearing up to award drivers ahead of its initial public offering to the tune of $300 million, giving them as much as $40,00...

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