Facebook Sees Little Financial Backlash Despite Russian-Ad Revelations
Facebook may be grappling with the political controversy surrounding its 3,000 Russian-linked ads thought to have influenced last year’s presidential election, but the social media fiasco shows no signs of interfering with the company’s advertising revenue. The tech...
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New tech IPOs just got worse. Here’s why.
Since the messaging service Snap went public in March 2017, its stock price has declined by 78 percent. The story is even worse for Blue Apron, the meal-kit startup, whose shares have plunged 46 percent since its IPO in June. Even though the stock of Roku, a streaming...
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Amazon’s Key to Growth Is in the Warehouse
As Amazon’s stock price continues to rise, so does its footprint. The company is on a multi-year spree of new warehouses that will help deliver more items to more customers faster. The company currently is on track to break 100 million square feet of warehouse space...
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Once the symbol of American Motorcycles, Harley-Davidson is losing its footing
Motorcycle ridership is on the rise throughout the U.S. In 2014, there were 8.4 million motorcycle registrations, according to the Motorcycle Industry Council—almost double the number in 2000, when there were only 4.3 million. Female and millennial motorcycle riders...
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Jeff Bezos Hot on Bill Gates’ Tail as Amazon Stock Slowly Rebounds
On July 27, for a few hours, Amazon CEO Jeff Bezos was the richest man in the world. He could be again very soon. The company's stock reached a high of $1083.31 on that day in late July letting Bezos overtake Bill Gates for the title. Unfortunately, for Bezos thanks...
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Weaker Dollar Pushes Boeing Stocks Higher
Boeing shares could soon soar even higher on a weaker US dollar. The airline behemoth has been pushing into sky-high territory with earnings through the roof for most of the year. Boeing shares have risen 56 percent since the beginning of the year, and it just hit an...
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Will Blue Apron’s cut in marketing mean no new customers?
You can probably recall Blue Apron’s logo popping around digital space for quite some time. That’s because the meal-kit delivery company spent a fortune on marketing. Last year Blue Apron, a subscription-based service delivering raw ingredients and recipes for home...
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Tesla’s Model 3 Backlog Shows Great Promise
As the saying goes, a rising tide does lift all boats, and Telsa Inc. is navigating the waters. The automaker is finding that its new top-rated automobile the Model 3 sedan’s order backlog indicates promise of increased funds for the company's capital expenditures. A...
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Netflix Needs Its International Boost
To compete with emerging and existing streaming services, Netflix is spending billions of dollars on original content, and it’s depending on international subscribers to fund it. The streaming company is working with a $6 billion content budget for 2017. Rival...
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AMC Networks Inc. Rakes in Revenue, as International Division Struggles
AMC Networks Inc., the company behind hit television shows “The Walking Dead” and “Better Call Saul,” announced, in a call to investors, that it was satisfied with their recent quarterly showing, despite problems it has abroad. The company showed year-over-year growth...
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Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.