market

SoundCloud Has Cash to Last Until Fourth Quarter

SoundCloud Has Cash to Last Until Fourth Quarter

The world’s biggest music streaming service, SoundCloud, has announced on Thursday that they have enough cash to last until fourth quarter even after laying off 40 percent of their staff. With competitors such as Apple (NASDAQ: AAPL), Spotify,..

Sprint Launches New Leasing Program

Sprint Launches New Leasing Program

Sprint Corp. (NYSE: S) on Friday announced a new leasing option for customers who want to upgrade their smartphone every year.The new program is called Sprint Flex, which provides customers the opportunity to lease all phones provided by Sprint and ..

Hertz Global Holdings, Inc. Stock on the Rise

Hertz Global Holdings, Inc. Stock on the Rise

On Thursday, shares of Hertz Global Holdings, Inc. (NYSE: HTZ) showed a 15.75% increase with a closing price of $15.07. The stock is trading higher for a week as it climbed from its July 5 close of $11.03 to Thursday’s close of $15.07. Founded..

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Upgrades Wal-Mart to Buy

Goldman Sachs Group Inc. (NYSE: GS) upgraded Wal-Mart Stores Inc. (NYSE: WMT) to buy from neutral on Friday, also adding the stock to the company’s so-called Conviction List, with an $84 price target. Wal-Mart shares closed Thursday at $75.05 ..

JPMorgan Shares fell Despite Earnings Beat

JPMorgan Shares fell Despite Earnings Beat

JPMorgan Chase & Co. (NYSE: JPM) on Friday reported second-quarter earnings that topped analysts’ estimate, but the shares are still down as expectations for interest income are low.The New York-based bank said revenue rose 1.2 percent to ..

Cyberark Stock Down After Disappointing Preliminary EArnings

Cyberark Stock Down After Disappointing Preliminary EArnings

Cyberark Software Ltd (NASDAQ: CYBR) is a provider of information technology (IT) security solutions that protects organizations from cyber-attacks. Shares of the company fell more than 16% Friday after the company announced preliminary results..

J C Penney to Sell Toys at Department Stores

J C Penney to Sell Toys at Department Stores

J C Penney Company Inc. (NYSE: JCP) stock surged jumped 8% after the retailer announced that it is opening toy shops in all of its brick-and-mortar locations with a significantly expanded assortment available at JCPenney.com.The company reporte..