Category: Stock News

Major beauty retailers saw their shares fall after the announcement.

Is there an industry that Amazon can’t disrupt? So far, the answer to that question seems to be a resounding no. And this week, the beauty industry is the latest to potentially be upended by Amazon. 

On Monday, major beauty retailers like Ulta and Sally Beauty saw their stock fall after Amazon launched its own e-commerce beauty store. The Amazon Professional Beauty Store gives licensed stylists, barbers, and estheticians access to products that are usually only available in salons and spas. 

Continue reading “Amazon’s New Pro Beauty Store Sinks Ulta, Sally Shares”

News from German automaker Daimler shows how an emissions scandal can damage a car company’s success over a long time frame.

The newest reports of downgraded profit predictions shows the distress that Daimler is still mired in: Despite big investments in markets like North America, with tens of thousands of Daimler employees stateside, the firm seems to still be struggling to beat estimates partly due to the aftereffects of a diesel emissions story that hangs onto its heel.

Continue reading “Diesel Scandal Crushes Daimler Profit Growth”

The company’s shares have trailed by more than 20% over the past year.

On Thursday, Carnival’s stock fell more than 10% after the company lowered its full-year guidance. The company’s shares were already down more than 4% in 2019 and have fallen by more than 20% in the past year.

This is the second time in three months Carnival has lowered its yearly outlook. This caused some discontent among investors, in spite of what was actually a positive earnings report.

Here’s what’s happening…

Continue reading “Rough Waters Ahead for Carnival Stock”

You can’t really say that the U.S. markets as a whole are at all-time highs anymore, but one established tech company has climbed to its all-time peak after great earnings reported yesterday.

Oracle, a household name in database and successive technologies, stands at around $57 today — that’s above a prior peak in April, and significantly above Oracle’s $40 heyday before the dotcom bubble broke in 2000.

Since then, Oracle has been going in new and exciting places, and ORCL reflects that…

Continue reading “Oracle Earnings Propel ORCL to All-Time High”