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Allbirds Reports Sales Growth Despite Growing Losses

Rebecca Urena12/01/2021

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Allbirds (NASDAQ: BIRD), a footwear and apparel company, reported that its revenue had risen 33% to USD62.7 Million, compared to the previous year. However, its losses magnified as the...

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JPMorgan to Acquire a Majority Stake in Volkswagen’s Payments Unit

Rebecca Urena09/08/202109/08/2021

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JPMorgan (NYSE: JPM) revealed Wednesday that it is set to acquire a majority stake, approximately 75%, in Volkswagen’s payments business. The move comes ahead of a scheduled rollout of...

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Lowe’s Shares on the Rise Following Q2 Earnings Beat

Rebecca Urena08/18/202108/18/2021

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Lowe’s (NYSE: LOW) shares surged over 10% Wednesday following positive earnings and its raised sales forecast. The home improvement company strives to attract home professionals as people look to...

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Airbnb Shares Slide Despite 300% Surge in Revenue

Rebecca Urena08/13/202108/13/2021

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Airbnb (NASDAQ: ABNB) reported positive second quarter earnings on Thursday, nevertheless shares fell 4% after it warned shareholders about possible volatility amid the Covid delta variant. The company is...

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American Airlines Shares Surge Amid Positive Second-Quarter Outlook

Rebecca Urena07/14/202107/14/2021

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American Airlines (NASDAQ: AAL) forecasted positive cash flow within its second quarter on Tuesday. Shares rose 3% during morning trading following the news as it entails reversing the USD100...

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“The Buzz” Show: Stamps.com (NASDAQ: STMP) Announces Thoma Bravo Buyout in USD 6.6 Billion Deal

financial buzz07/09/2021

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FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Stamps.com Surges After Announcing Thoma Bravo Buyout in $6.6 Billion Deal” Stamps.com (NASDAQ: STMP) skyrocketed over 63% in...

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AMC Entertainment Ends Plans for 25 Million Share Sale Boost

Rebecca Urena07/06/202107/06/2021

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AMC Entertainment (NYSE: AMC) rose Tuesday after it halted plans for shareholders to authorize a capital increase which would dilute existing stockholders. The proposal was intended to issue up...

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Lordstown Motors Plummets Following Report of DOJ Investigation

Rebecca Urena07/02/2021

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Lordstown Motors (NASDAQ: RIDE) fell rapidly Friday after the Wall Street Journal reported that the Justice Department is investigating the electric-truck maker. At noon the stock was temporarily halted...

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Krispy Kreme Set to Raise $640 Million Amid IPO

Rebecca Urena06/22/2021

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Krispy Kreme is seeking to raise anywhere between USD560 Million and USD640 Million amid an initial public offering in 2021, according to regulatory filings from Tuesday. This is set...

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Peloton to Build U.S. Manufacturing Facility Amid Production Delays

Rebecca Urena05/24/202105/24/2021