Author
1163 posts
Teuta Franjkovic
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Latest Articles
NKLA Stock Jumped 34% as JPMorgan Upgraded Nikola to Overweight from Neutral
By Teuta Franjkovic
• 4 mins read
Nikola (NKLA) stock soared 34% on Wednesday after JPMorgan turned bullish on the company, citing a more attractive valuation following the recent selloff.
Samsung Stock Down 3% after Company Announced Earnings Guidance for Q2 2020
By Teuta Franjkovic
• 3 mins read
Samsung stock fell on Tuesday morning after the tech giant posted earnings guidance for the three months that ended in June. Operating profit likely rose almost 23% from a year ago.
ADA Price Is Moving Higher as Cardano Releases Code for Shelley Upgrade
By Teuta Franjkovic
• 3 mins read
The biggest upgrade to the Cardano blockchain is due to begin rolling out today with the release of the “Shelley” code. The upgrade will make the blockchain more decentralized and scalable.
India to Host Two-Day Virtual Fintech Fest
By Teuta Franjkovic
• 2 mins read
A two-day Global Fintech Festival is themed around “Fintech: With and Beyond COVID” and will take place on 22nd and 23rd of July.
NFLX Stock Gains 7% as Netflix Is Expanding in India amid COVID-19 Lockdown
By Teuta Franjkovic
• 4 mins read
Online video streaming demand has surged in India amid the novel coronavirus-induced lockdown, and Netflix is benefitting from the change despite its premium pricing structure. NFLX stock is in the green.
WFC Shares Went Down 0.74% After Hours, Wells Fargo to Slash Dividends
By Teuta Franjkovic
• 3 mins read
Wells Fargo expects to announce the new dividends when it will report quarterly earnings on July 14. The company’s previous quarterly common stock dividends were 51 cents per share.
lululemon athletica to Buy Home Fitness Innovator MIRROR
By Teuta Franjkovic
• 2 mins read
lululemon athletica noted its plans to buy MIRROR by way of a press release, noting that it hopes to close the sale by the end of the second fiscal quarter of this year.
FB Stock Gains 2% while Big Companies Abandoning Facebook, Should We Worry?
By Teuta Franjkovic
• 3 mins read
Companies are continuing to sign onto a Facebook advertising boycott. Ford and Adidas are among the latest. So far, none of the advertisers are in the top spenders on Facebook this year. FB stock is in the green.
InsurTech Lemonade Looking to Raise $286 Million in IPO
By Teuta Franjkovic
• 3 mins read
Lemonade, which filed to go public earlier in June, announced on Thursday a price range of $23 to $26 for its public offering. The updated regulatory filing could mean a significant valuation hit for the insurtech firm.
SEC Charges Disgraced Lobbyist Jack Abramoff with Fraud for Promotion of 2018 ICO
By Teuta Franjkovic
• 3 mins read
The SEC has filed civil charges against Abramoff and Andrade in addition to the criminal charges. Andrade hired Abramoff in 2017 to “work on a public relations and marketing campaign” for the cryptocurrency, called AML Bitcoin.