cnn money

Perhaps no other stock in the market has generated as much buzz as Tesla Inc (NASDAQ: TSLA) in 2017 ahead of the roll-out of its highly anticipated Model 3. However, it seems not even Wall Street knows quite what to make of Tesla’s stock. According to CNN Money, Tesla recently had 21 Wall...

The FDA has approved Portola Pharmaceuticals Inc (NASDAQ: PTLA)’s BevyxXa, a blood-thinner for acutely ill patients not undergoing surgery. BevyxXa is the first oral drug of its kind to be approved to help prevent deep vein thrombosis and pulmonary embolisms. Portola shares are halted on the...

Women have gradually evolved into an economic force to be reckoned with, going by the results of a survey by the U.S. Census Bureau. In a report titled "The Changing Economics and Demographics of Young Adulthood: 1975–2016," author Jonathan Vespa noted more young men are falling...

The United States dropped a 21,600-pound Massive Ordnance Air Blast bomb on ISIS targets in Afghanistan. The attack is the first time the U.S. has used the so-called “Mother of all Bombs” in combat, and news of the bombing came just days after President Donald Trump authorized bombing...

Samsung, which faced consumer backlash for Galaxy Note 7 phones catching fire, has now blamed the poorly designed battery for the fiasco that tarnished the brand image and caused a massive dent in its mobile profits. "Our investigation, as well as the investigations completed by three...

Samsung released its Galaxy Note 7 on August 19, 2016, to much fanfare. However, the success was certainly short lived. The supposed Apple Inc. (NASDAQ: AAPL) iPhone killer device started making headlines within one week of its launch and for all the wrong reasons. Reports of the phone catching on...

President Donald Trump's administration is now in control of new Twitter Inc (NYSE: TWTR) handles. Shares of Twitter were trading lower by around 1.5 percent at $16.54 on Friday as Trump's administration now controls the @POTUS, @FLOTUS, @VP, @WhiteHouse and @PressSec accounts. One...

Shares of Samsung Electronics Co (KRXK: 005930) (which also trades (OTC: SSNLF)) stock on the South Korean exchange fell as much as 4.6 percent on Monday following various reports the company suspended production of its Galaxy Note 7 smartphone. CNN Money, citing a "person familiar with...

The people of Britain were told if they voted to leave the European Union, doom and gloom would be brought to their economy. Now 100 days have passed since the infamous vote dubbed "Brexit" took place, and many are wondering where the economic collapse is. As noted by CNN Money, government...

Wells Fargo & Co (NYSE: WFC)'s stock has shed $25 billion following a massive scandal involving millions of fake bank accounts being created, which resulted in more than 5,000 employees being fired. The scandal may have taken a turn for the worse following a CNN Money report which...

Shares of Netflix, Inc. (NASDAQ: NFLX) were trading higher by more than 0.50 percent early Monday morning despite a report that the company is being sued for poaching two senior executives from Twenty-First Century Fox Inc (NASDAQ: FOX) (NASDAQ: FOXA). According to CNN Money, Fox 21 is arguing that...

Kroger Co (NYSE: KR) reported on Friday its second-quarter results in which revenue fell short of expectations and management revised its full-year earnings guidance lower. For investors, this could be a concerning sign, but for consumers, Kroger's revenue shortfall is a good sign. As noted by CNN...

A survey conducted by the John J. Heldrich Center for Workforce Development at Rutgers University found that 57 percent of the public is under the impression that the economy is a lot worse than it is. For instance, the unemployment rate stands at 4.9 percent, but almost 30 percent of those...

The S&P 500 opened for trading on August 1, 2016, at 2,173.15 and closed the month at 2,170.95. The S&P 500 index isn't alone, as the Dow and Nasdaq indices ended the trading month nearly where it started as well. August's trading session was quiet and calm, but as the saying goes, it is...