Market Commentary on the Last Day of the Quarter

On the last trading day of the ongoing quarter, the Asian markets fell as investors balanced their positions. The positive U.S. economic growth data led to rising in the dollar. The Dollar index was higher, but on a quarterly basis,…
Amazon’s Brand Registry to Fight Counterfeits

The e-commerce giant Amazon.com is currently testing a tactic that will help it remove counterfeit goods from its website, thus reassuring vendors that the marketplace it provides is in their best interests. This step of Amazon to remove such goods…
Is Dollar General Following Wal-Mart?

Investors have been doubtful about the fact that Dollar General is spreading its network way too quick and retailers now have to show them results proving the fact that expanding the network by opening new chains is not the single…
The IPO of Snap Jumps Up with $3.4 Billion on First Day

The maker of Snapchat, the app that let’s users send disappearing-photos and messaging service, Snap Inc., offered their Initial Public Offering slightly above the range marketed during their trading debut. The opening for Snap Inc. shares was at $24 and…

Ray Dalio, the founder of Bridgewater, one of the most influential and biggest hedge funds in the world, is stepping down from his prolonged post as Co-Chief Executive Officer due to an agonizing shake-up in their management. The man that…
Biggest Rival of Uber, Lyft Is Seeking New Funding

  The second largest company for ride hailing in the United States, Lyft is thinking of raising more money through funding just like Uber, their biggest rival, and this arises questions on their leadership and culture. Lyft is in talks…
No Immediate Ruling Made on Dakota Access Pipeline Work

No definite ruling has been made in the case of Dakota Pipelines. On Tuesday, the federal judge said that that the final decision regarding the construction process of the Dakota access pipelines will be made next week. The reason for this…
Wall Street Closed Higher with Hopes of Rising Rates

The stocks at Wall Street had a slightly higher closing this Monday and the yields of the US Treasury also rose with the hopes of the rates rising and the expectations of a higher infrastructure spending announcement by US President…
Randy Lennox Appointed as the New President of Bell Media

Bell Media has appointed Randy Lennox as their new President after their former president Mary Ann Turcke left them for a new opportunity with the National Football League (NFL). The CEO and President of BCE George Cope thanked Mary Ann…