Yen soars against dollar in late trading

The yen surged against the dollar in late New York trading Wednesday, as a weaker-than-expected sales forecast from Apple Inc. and Chinese data raised concerns over a slowing global economy. The dollar was recently down 1.5% against the Japanese yen at 107.20. Other currencies sensitive to China and global growth, such as the Australian dollar, were also lower. Apple lowered […]

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Nike Stock Soars: What You Need to Know

Nike (NYSE: NKE) impressed investors this week with its earnings report for its second quarter of fiscal 2019. The sports apparel retailer reported double-digit revenue growth and improved profitability, driven by strength across all of its geographies and strong e-commerce sales. Highlighting how surprising the results were, shares surged 7% on Friday — a particularly impressive gain considering the S&P […]

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Dow Soars Over 250 Points on U.S.-Canada NAFTA Deal

This article was originally published on ETFTrends.com. The Dow Jones Industrial Average climbed by over 250 points on news that the United States and Canada reached an agreement on a revamped North American Free Trade Agreement, which will be called the United States-Mexico-Canada Agreement. With an initial trade deadline set for August 31 that extended beyond that date, Canada’s top […]

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Eventbrite Growth Soars With the Help of Multiple Acquisitions

In this segment from Industry Focus: Consumer Goods, the cast turns to Eventbrite's financial statements to get a pulse on the company's rapid revenue growth and rising profitability. They also discuss a major acquisition from 2017 and progress in international markets. A full transcript follows the video. Continue Reading Below 10 stocks we like better than WalmartWhen investing geniuses David […]

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