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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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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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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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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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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