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Upcoming earnings reports

Earnings Reports to Watch for the Week

By Jordan Johnson / October 16, 2018 / 0 Comments

We’ve sifted through this week’s upcoming earnings reports to highlight the top 4 we’re going to be watching.  Read below for more information on expectations, previous performance, and when it’s going down. Netflix Inc. (NASDAQ:NFLX) Netflix is releasing their earnings for the last quarter today, October 16th, after the market closes.  For those who don’t…

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Chinese Electric Car Maker Nio Explodes on Tesla Investor Taking a Stake

By Editor / October 15, 2018 / 0 Comments

Shares of Nio, a Chinese electric car maker, saw its shares rally after it was revealed that an investor of Tesla has taken an 11.4% stake in the company as well. Tesla investor Baillie Gifford, who is actually Tesla’s top investor, has taken an 11.4% stake in the Chinese Nio. As Wall Street learned the…

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NASDAQ Stock Market

Why Market Corrections Are Not Bad

By Jordan Johnson / October 15, 2018 / 0 Comments

The Dow Jones Industrial Average (DJI) has gone down nearly 7%, declining almost 2,000 points since it hit its previous high on October 3rd.  The index has declined from 26,793 down to 24,899 in the last 8 days of trading. Although this loss is significant in the short-term, it could prove to be healthy and…

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LaCroix is Sued Over Allegations That the Company Mislabeled its Sparkling Water

By Editor / October 15, 2018 / 0 Comments

Sparkling water company LaCroix has been hit with a lawsuit that alleges the company’s products include non-natural and synthetic compounds. According to the lawsuit, which was filed in Cook County, Illinois, LaCrois’s products contain ethyl butanoate, limonene, linalool and linalool propionate. Just to get an idea of how bad these chemicals are, Linalool is often…

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Apple Strongly Refutes Report that Claims Chinese Spy Chips Were in Its Cloud Services

By Editor / October 15, 2018 / 0 Comments

A recent report from Bloomberg claimed that companies including Apple and Amazon, had found Chinese surveillance chips in their server hardware that were contracted from Super Micro. According to the report, Apple had found the chips on its server motherboards in 2015 and had informed the FBI. There’s a problem with this report however. The…

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