apple stock

Apple Increases Production Of iPhone 11 By 8 Million Units

Justinas Baltrusaitis

Apple (NASDAQ: AAPL) will be producing 8 million more units of its recently launched iPhone 11. This is according to a recent report released by Nikkei Asian Review in which they inform Apple told suppliers it needs a production increase of 10%. Apple To Produce More iPhones The recognized phone manufacturer Apple will be producing…

Costco Stock Price Is Set Hit $300 Mark Again

Siraj Sarwar

Costco (NASDAQ: COST) stock price soared sharply over the last couple of years. The shares jumped 40% since the start of this year, extending the three-year rally to 90%. The upside momentum has received support from improving financial numbers along with aggressive growth strategies. Its financial results for the fourth quarter and fiscal 2019 highlights…

Walmart (WMT) to Test a New Program That Will Cut Healthcare Costs for Its New Workers

Walmart (WMT) to Test a New Program That Will Cut Healthcare Costs for Its New Workers

Viraj Shah

Retail giant Walmart Inc. (WMT) on Thursday said that it would be piloting new healthcare programs in the US. The program will start from January 1 for its employees and will aim to cut their healthcare costs. This is the second biggest expense for the retailer after wages. What is the new program all about?…

6 Recession Proof Stocks to Buy This Year

Justinas Baltrusaitis

Several economists predict that the United States might face a recession within the next two years. A recession is a period of falling economic activity spread across the economy, lasting more than a few months. The last recorded recession was in 2008 and 2009, leaving behind enormous effects. When a recession hits, almost no company…

Exxon Mobile stock

Lower Profits Could Dent Exxon Stock Price

Siraj Sarwar

Exxon Mobil (NYSE: XOM) stock price trades around the lowest level in the last nine months. The downtrend is accelerating amid declining oil prices. XOM shares are currently trading around $68. This is slightly down from a 52-weeks low of $64 a share. Exxon Mobil stock price could experience the extension of the bearish trend….

Tesla Stock Price Rebound Amid Acquisition and Higher Deliveries

Siraj Sarwar

Tesla (NASDAQ: TSLA) stock price bounced back over the last couple of weeks after experiencing pressure during the first half. The stock is receiving support from its aggressive growth strategies. The announcement of DeepScale acquisition added to investors’ sentiments. The acquisition is likely to help Tesla in the development of fully autonomous vehicles. DeepScale’s technology…

Barclay’s Data Shows $12 trillion Worth of Bonds Trading at Sub-Zero Levels

Strategists Speculate that Bonds Need Five Years for Better Yields

Ali Raza

With the US-China trade war seeing no end in the foreseeable future, the world economy is being dragged down by it. Strategists have changed their speculations to show that sovereign bonds will give their lowest yields since speculation polling began seventeen years ago. The US-China trade war is bumping against all the delicately placed dominoes…

Starbucks Stock Price Plunge Amid Lower Guidance

Siraj Sarwar

Starbucks (NASDAQ: SBUX) stock price plunged from an all-time high of $99 following lower earnings guidance. Its stock price rallied sharply by 40% this year before the latest selloff. Its shares are currently trading around $88 a share. Starbucks stock price selloff is supported by SEC inquiry and lower earnings guidance for the full year….

General Motors Stock Price Remains Rangebound, But Dividends are Strong

Siraj Sarwar

General Motors (NYSE: GM) stock price has been trading in a narrow range over the past couple of years. The range-bound movement is due to modest revenue growth along with macroeconomic headwinds. General Motors stock price traded in the range of $30 to $40 in the past five years. The stock has hit a 52-weeks…