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‘We got really fortunate’ — Popeyes’ chicken sandwich went viral thanks to a mix of luck and taste, CEO says
Popeyes sold out of the sandwiches in two weeks, someone listed one on eBay for $7,000, and one customer even killed another for cutting in line.
"Peloton missed the mark, and social commentary is largely negative," analysts at Raymond James said about social media backlash to the company's holiday ad.
BANK OF AMERICA: These are the 5 key themes to finding the right stocks in 2020, from buying up value to looking outside the US
Shifts in the US-China trade war, investor priorities, and sector valuations will prompt stock rotations through the year, the bank's analysts wrote.
Bloomberg reported that the US and China are close to an agreement on the specifics of tariff relief before they are set to rise on December 15.
The stock market could tank 50% if Sanders, Warren, or Buttigieg win the presidency, hedge-fund boss says
"Pick a Socialist - Bernie, Liz, Pete. etc. and the Market would sell off," Virtus Capital boss Steven Gidumal said in a presentation this week.
‘Short selling should be illegal’ – Elon Musk praised a crackdown on shorts by the world’s biggest pension fund
The Tesla and Space X boss took aim at short-sellers once again in a tweet cheering GPIF's decision to halt shorting of its overseas shares.
According to the bank, consumer companies are grappling with the US-China trade war and political uncertainty.
French luxury stocks are diving after Trump threatens $2.4 billion in tariffs on champagne and handbags
The proposed retaliatory duties wiped about $9 billion from the combined market capitalizations of LVMH, Kering, Hermès, and Christian Dior.
Stock pickers are shunning the cardinal rule of investing as they fight the machines trying to replace them — and they’re still losing
Concentrated active funds nearly doubled over the last decade but underperformed the S&P 500, according to The Wall Street Journal.
"I may not understand all of the products that they sell and I may not understand what the customers who buy the products do with them, but I do understand the middleman's role."