Author: AnswerStock

What’s the Skinny on Beyond Meat’s Mixed Q2 Earnings Report?

By AnswerStock•

Beyond Meat shares took a dive yesterday…

Beyond Meat shares took a sharp drop on Monday following a mixed Q2 earnings report and the news that the company is offering an additional 3.25 million shares.

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Musk: New Video Options Coming to Tesla

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Elon Musk is at it again…

As the Tesla electric car design already enjoys many accolades related to charging, range, and other electric- car metrics, emerging news from Tesla head and serial innovator Elon Musk suggests we’ll see more infotainment advances in the near future.

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Starbucks Fuels New Growth During Q3

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The company delivered one of the best earnings reports investors have seen in a while. 

A year ago, things didn’t look so great for Starbucks. The coffee company’s shares remained mostly flat since 2016, and investors were starting to wonder if it had reached a saturation point. 

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AAA: Tech Distractions More Dangerous for Older Drivers

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A new AAA study in distracted driving shows that older drivers are more at risk.

Breaking news at CBS shows some of the results of the study, which found that drivers aged 55 and older have slower response times than younger drivers when using smartphones and tech — like infotainment or other distracting apps.

Specifically, older drivers were up to eight seconds slower to respond than younger cohorts.

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Poor Earnings Report Tanks Tesla Stock

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The company’s shares are down more than 27% from a year earlier. 

Analysts are struggling to stay bullish when it comes to Tesla. Shares of Tesla fell nearly 15% this week on the heels of a disappointing earnings report and the departure of the company’s chief technology officer. 

This is the biggest loss Tesla has experienced since 2013. Here’s an overview of the earnings report as well as how analysts reacted to the news…

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Coca-Cola Shares Pop on Earnings Beat

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The company’s earnings and revenue increased thanks to a partnership with Netflix and a variety of new products. 

Shares of Coca-Cola rose 5% on Tuesday thanks to a positive second-quarter earnings report. The company’s earnings and revenue both beat investor expectations…

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Robinhood Valuation Soars After Funding

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Despite recent scrutiny, Robinhood sees a meaty cash bump.

Robinhood, the free stock trading app, recently received a $7.6 billion valuation after its latest round of funding.

This comes shortly after the company came under scrutiny due to concerns regarding its checking and savings accounts, which it launched last December. These accounts advertised a favorable 3% interest rate, but users became concerned over how these accounts would be insured.

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Microsoft to Go Big on OpenAI

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One of tech’s biggest players is making a big investment in open and transparent artificial intelligence.

News from Business Insider shows emerging reports that Microsoft will become a partner in the OpenAI initiative built by Elon Musk and other tech leaders. The goal is to try to promote better human control of technological advances.

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