Stocks

Aug15, 2018

Bitcoin and Ethereum are both down significantly

What is the future for cryptocurrencies? At their highest points, Bitcoin and Ethereum were valued at $20,000 and $1,400, respectively. Since then, they have slid to $6,250 and $290, respectively. These 68 and 79 percent decreases have exemplified the rapid…
Aug10, 2018

Dropbox beat expectations but saw stock slide

Dropbox dropping On Thursday, Dropbox gave their quarterly report, delivering figures of revenue and earnings that beat expectations. However, shares still dropped for the tech company. In fact, on Friday, Dropbox’s stock dropped almost eight percent and COO Dennis Woodside…
Aug09, 2018

MoviePass changes policy again

Has MoviePass finally found the solution? MoviePass, the subscription-based movie ticket service has changed its offerings once again, and it thinks that it has finally solved its expenses problem. The company originally offered one movie a day for $10 a…
Aug07, 2018

Elon Musk considering taking Tesla private

Tesla tossup Elon Musk announced on Tuesday that he is considering taking the company private, as he loathes having to constantly answer to investors. In fact, Elon Musk even tweeted that he had secured funding to make it go private…
Aug06, 2018

SeaWorld stock skyrockets

Are the “Blackfish” problems over? After SeaWorld’s earnings report on Monday, the aquatic entertainment park/zoo saw its shares rise over 15 percent. Visitors to the park increased by five percent in the second quarter, which is the second straight quarter…
Aug03, 2018

Apple reaches $1 trillion

That’s a lot of zeroes On Thursday, Apple officially became the first American public company to reach $1 trillion in value. Their stock rose over $207 on the day, allowing the company to cross that milestone. Apple’s shares jumped on…
Aug03, 2018

MoviePass blames theaters for their fall

Roll credits The end may be near for MoviePass – parent company Helios and Matheson has seen its stock fall below 10 cents this week with no sign of recovery. Even after their one-to-250 stock split to try to revive…
Aug03, 2018

Musk not so confident about 1 million Tesla’s by 2020

Tesla troubles On Wednesday, Tesla CEO Elon Musk reported that the company may not meet its goal of one million Tesla vehicles by 2020. Musk explained in a conference call, "I think so, yeah. If it's not a million, it's…
Aug02, 2018

Kroger may ban Visa cards

Do you take Visa? Supermarket chain Kroger announced that it may ban Visa cards from its store because of the fees the credit card company charges per transaction. In fact, some of its subsidiaries have already taken action. California-based Foods…
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