finance

Energy Stock Bounce Back

Energy Stock Bounce Back

Energy stocks are experiencing a rebound as oil prices continue to rise. Brent Crude prices which have seen a dramatic fall from the record highs of 2014 are now nearing USD 70 per barrel.  Brent Crude went through a massive downturn betwe..

Tesla's Vice President of Finance Resigns

Tesla's Vice President of Finance Resigns

Tesla Inc.’s (NASDAQ: TSLA) Vice President of Worldwide Finance and Operations Justin McAnear will be resigning in early October, according to a statement CNBC obtained. This marks the third executive to leave the Company in just the past week..

DocuSign Beats Second Quarter Estimates

DocuSign Beats Second Quarter Estimates

DocuSign, Inc. (NASDAQ: DOCU) reported its second quarter financial results and topped estimates. Despite beating analysts’ estimates, shares were trading 6.03% lower shortly after the opening bell on Thursday.For the second quarter, Docu..

Facebook Down as Top Executive Faces U.S. Congress

Facebook Down as Top Executive Faces U.S. Congress

Facebook, Inc. (NASDAQ: FB) No. 2 executive, Sheryl Sandberg, defended the Company in the U.S. Congress on Wednesday morning over what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.Prior to the heari..

Dick’s Sporting Goods Misses Sales Expectations, Blames Under Armour

Dick’s Sporting Goods Misses Sales Expectations, Blames Under Armour

Shares of Dick’s Sporting Goods (NYSE: DKS) dropped more than 9% on Wednesday morning following a report that the retailer sold less merchandise during the second quarter than analysts were expecting.The sporting-goods retailer earned USD 1.20..

Gap Shares Tumble Same-store Sales for Gap Stores Miss Expectation

Gap Shares Tumble Same-store Sales for Gap Stores Miss Expectation

Gap Inc. (NYSE: GPS) on Thursday announced second quarter revenue and earnings that beat analysts’ estimates, but comparable sales for its Gap brand missed analysts’ expectations, sending its shares down more than 10%.The apparel Company..

Tesla Inc. has extended $1.1 billion loan agreement

Tesla Inc. has extended $1.1 billion loan agreement

Tesla Inc. (NASDAQ: TSLA) has extended its $1.1 billion warehouse loan agreement. The loan meant to finance the innovative company’s growing inventory.Tesla wrote in the recent filing published:On August 16, 2018, certain subsidiaries of Tesla..