Molson Coors Brewing Co (NYSE: TAP) is developing a new adult beverage, and beer drinkers may soon have a way to avoid those alcohol-induced hangovers. This week, Molson Coors announced a new joint venture with Canadian marijuana producer Hydropothecary to develop a non-alcoholic, cannabis-infused beer.
Square Inc (NYSE: SQ) stock rose 8 percent Thursday, a day after the company reported second-quarter earnings and revenue beats. Square’s impressive growth numbers won over the market, but analysts are questioning whether or not margin concerns will eventually catch up to SQ stock.
The athletic apparel space has been a challenge for investors, but Morgan Stanley analyst Lauren Cassel says opportunities are opening for long-term investors. She prefers investing in brands rather than retailers and says Nike Inc (NYSE: NKE) is her top stock pick.
T-Mobile US Inc (Nasdaq: TMUS) stock gained 1 percent in after-hours trading after the company reported a second-quarter earnings beat and exceeded expectations for wireless subscriber growth on Wednesday. Despite the solid quarter, analysts say uncertainty surrounding T-Mobile’s proposed buyout of Sprint Corp. (S) will continue to limit TMUS stock upside.
Chinese search giant Baidu Inc (Nasdaq: BIDU) reported better-than-expected second-quarter revenue on Tuesday, driven by growth in its online advertising business. However, the stock traded lower by more than 5 percent Wednesday on concerns about rising costs.
Pandora Media Inc (NYSE: P) stock jumped more than 20 percent on Wednesday after the company beat Wall Street revenue expectations handily for the second consecutive quarter. However, while investors cheer Pandora’s growth, analysts say the company’s path to profitability will be difficult.
Value stocks have fallen out of fashion during the current bull market, severely lagging the performance of high-growth stocks. However, the evolving economic climate may soon once again shift investor attention away from growth and toward value. The U.S. Federal Reserve is planning to shrink its balance sheet by $1.4 trillion over the next four…
The second half of 2018 is officially underway after a volatile first half of the year for stocks. Overall, the U.S. stock market has been relatively solid so far this year, with the Standard & Poors 500 index up about 2 percent year-to-date. However, gains have been mostly concentrated in the technology and consumer discretionary…
Comcast Corporation (Nasdaq: CMCSA) waited less than 24 hours to outbid Twenty-First Century Fox (FOXA) for British media giant Sky. Analysts are now watching to see if Comcast will take a similarly aggressive approach and once again outbid Walt Disney Co. (DIS) for Fox.
Delta Air Lines, Inc. (NYSE: DAL) stock gained some altitude on Thursday after the company reported better-than-expected second-quarter earnings and revenue numbers but cut its full-year guidance due to higher fuel costs.