By Martin Baccardax “Our strong results reflect growth of our in-line and new product portfolios,” said CEO Giovanni Caforio. Bristol Myers Squibb (BMY) – Get Bristol-Myers Squibb Company Report shares moved higher Wednesday after it posted better than…
Microsoft, Alphabet Send New Warnings About Economic Environment
By Luc Olinga The two tech giants just published their quarterly results in a difficult economic environment. Microsoft (MSFT) – Get Microsoft Corporation Report and Alphabet (GOOGL) – Get Alphabet Inc. Report confirm fears that the economy is not doin…
Why Netflix’s Profile Transfer is the Best Thing It Has Done All Year
By Danni Button The password crackdown was always coming, but there’s a light at the end of this tunnel Everyone and their mother has a Netflix (NFLX) – Get Netflix Inc. Report account–well, everyone has a Netflix account and they let their mother sha…
Google Stock Tumbles After Q3 Earnings Miss Amid Slowing Digital Ad Sales
By Martin Baccardax Slowing ad sales, particularly in YouTube, lead Google parent Alphabet to weaker-than-expected third quarter earnings. Alphabet (GOOGL) – Get Alphabet Inc. Report posted softer-than-expected third quarter Wednesday thanks to slowing…
Kanye Breakup Makes Adidas Problems Worse
By Tony Owusu Doing the right thing can be costly. Adidas expects a big hit from kicking Kanye to the curb. Doing the right thing can be costly, and Adidas (ADDYY) could find out just how costly in the coming months after it cut ties with its most popu…
Here’s Why New York Rents Are So Damn High
By Veronika Bondarenko Rents in the city skyrocketed are up 19% year-over-year. If bragging about how muchyou’re saving since leaving New York is your thing, there is certainly the data. A new report from New York City Comptroller Brad Lander found tha…
One Out of Five Walmart Customers Buy This
By Veronika Bondarenko Retail giant Walmart is revamping an often overlooked product line that drives big sales. Walmart bases much of its appeal to shoppers on low prices for many necessities. In the search for growth, the retail giant has gone after …
Morningstar Likes Boston Beer as Consumer-Defensive Play
By Dan Weil Defensive stocks tend to outperform the overall market when it’s falling and the economy is struggling. Given the stock market’s volatility and the economy’s sluggishness, you might want to consider defensive stocks. These stocks, in sector…
Adidas Drops Ye, Tech Earnings on Tap: Watch TheStreet’s Market Open
By Daniel Kuhn Catch the latest Wall Street news live at the market open as Adidas drops its partnership with Ye West, Rishi Sunak takes office and big tech prepares to report earnings. Watch TheStreet’s Market Open:More on Today’s Topics:Stock Market …
Apple CEO Tim Cook Gets Roasted For How He Did This
By Jeffrey Quiggle A video shows the CEO performing his one responsibility at a Formula One race and social media agrees it did not go well. Red Bull Racing came away with Formula One history on Oct. 23, but much of social media was fixated on a viral …