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 of increases. This is positive for the SeaWorld, which has seen a drastic fall in […]
  • Ben Norman
  • August 6, 2018
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T-Mobile tops carriers in users

King of telecom T-Mobile announced on Wednesday that it has more users than any other carrier for the 18th straight quarter. The telecommunications company reported that they gained 1.6 million new customers in the second quarter. For comparison, Sprint had just 87,000 new users. In fact, the companies plan on merging soon. T-Mobile and Sprint have […]
  • Ben Norman
  • August 3, 2018
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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 their stock, boosting it up to $20 per share last week, they have still fallen […]
  • Ben Norman
  • August 3, 2018
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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 going to be pretty close. I’d say if it’s not a million it’d probably be […]
  • Ben Norman
  • August 3, 2018
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Facebook stock plummets

Facebook face-palm Before Facebook’s announcement late Wednesday, their stock was doing well. It rose just under one percent to give the company a new record high stock value of $216.30. But then, Facebook shocked investors, warning that sales will slow in the coming quarters as they continue to tackle privacy issues. Because of this, their […]
  • Ben Norman
  • July 26, 2018
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Verizon banks on 5G, abandons content

Verizon bets on 5G Verizon announced on Tuesday that it will abandon its pursuit of content and focus on expanding its 5G network. For a while, Verizon had tried to breach into the content market with other telecom giants like AT&T and Comcast. AT&T hopes that the acquisition of Time Warner gets approved after the […]
  • Ben Norman
  • July 25, 2018
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Hasbro bounces back from underperformance

Hasbro avoiding turning into a has-been? Ever since Toys “R” Us closed, Hasbro has been struggling to generate sales and keep their profit margins up. However, in Q2 of this year, the toy manufacturer may have turned over a new leaf. Sales were still down by 7 percent last quarter, but they still exceeded expectations […]
  • Ben Norman
  • July 23, 2018
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Twitter Joins S&P 500

Don’t sleep on Twitter Five years after its initial public offering, Twitter will join the S&P 500. Twitter will replace Monsanto as the latest company in the S&P 500, a stock market listing of the largest companies traded on the NYSE. Bayer will buy seed and pesticide firm Monsanto for $65 billion on Thursday. Bayer […]
  • Ben Norman
  • June 5, 2018
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Netflix Subscribers Surpass Target

Netflix Inc. has surpassed the expectations of Wall Street for its second quarter by adding 5.2 million new streaming customers. Netflix predicts further continued growth due to the momentum generated by foreign subscriptions, which overcame U.S. subscribers. As a result of its customer base growth, Netflix shares have increased by 10.4 percent on Monday. Regarding […]
  • Cedric Brenninkmeijer
  • July 19, 2017
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