- Spark Newswire

2 minute read

New York Times Faces Strife With Employees Over Outdated Wages

Yesterday, 5:09 PM

The New York Times Company (NYSE: NYT) is facing internal struggles between management and staff over stagnated wages. The conflict escalated to the point that more than 1,300 unionized employees refused to return to the office after the paper announced the end of remote work in early September.

NYT

2 minute read

Nike Is Down 45% This Year Despite Strong Performance: What Will Today’s Earnings Call Reveal?

By Natan Ponieman

September 29, 8:07 AM

Nike (NYSE: NKE) will report its earnings for the fiscal first quarter of 2023 on Thursday after the market closes.

NKE

2 minute read

‘A Hard Landing Scenario Is Inevitable’: Goldman Sachs Cuts S&P500 Targets As Investors Flock Into Cash

By Natan Ponieman

September 24, 9:02 AM

Goldman Sachs (NYSE: GS) is reducing its valuation projection for the S&P 500 as rising interest rates signal bad times for stock prices. Investors are reacting by shunning most asset classes and going into cash as a way to weather the storm.

BAC

3 minute read

Does It Even Make Sense To Own Stocks With Treasury Yields At 4%?

By Natan Ponieman

September 22, 11:53 AM

With the stock market taking a new downturn since August, many people are beginning to reconsider whether owning stocks continues to be a profitable endeavor. The S&P 500 broke the 3,900 limit after hours on Friday, and the index is trading at 3,757 midday Thursday, causing investors around the globe to wonder: does it even pay to own equities anymore?

SPY

2 minute read

The 3 Main Issues Facing Cannabis Retailers Today And How To Solve Them, According To Weedmaps’ CEO

By Natan Ponieman

September 13, 5:21 PM

WM Technology Inc (NASDAQ: MAPS) is best known for its online cannabis marketplace Weedmaps, but the company is also working hard on providing business solutions for brands and retailers across the cannabis market.

MAPS

2 minute read

When The Bank Error Is Not In Your Favor: Pay Back $500 Million

By Natan Ponieman

September 8, 4:45 PM

Citigroup Inc. (NYSE: C) has won an appeal to retrieve $500 million that was sent accidentally in 2020 to a group of Revlon Inc. (NYSE: REV) creditors.

2 minute read

‘Set Your Clock To It’: 2022’s Reliable Signal For When To Sell Stocks

By Natan Ponieman

August 24, 5:10 PM

"It's getting to the point where you can set your clock to it,” read a Tuesday report by Bespoke Investment Group. What's the market analysis firm referring to? Selling stocks when the yield on the 10-year U.S. Treasury reaches 3%.

SPY

3 minute read

Buying Russian Stocks In The U.S. Is Still Impossible — Here’s Why

By Natan Ponieman

August 23, 2:04 PM

The Russian economy has been hit hard by global sanctions after the country’s hostile actions began in Ukraine. Among the many casualties of these sanctions is the Moscow Stock Exchange, which suffered a drop of almost 40% since the invasion.

CIAN

9 minute read

EXCLUSIVE: A War Of Ideology Is Taking Over The Metaverse. What’s At Stake For Big Tech?

By Natan Ponieman

August 23, 11:29 AM

The metaverse: a future version of the internet that everyone loves to brag about but doesn’t really exist yet.

AAPL

6 minute read

EXCLUSIVE: The Metaverse Isn’t Here Yet. How Do We Get From Hype To Massive User Adoption?

By Natan Ponieman

August 22, 2:45 PM

The metaverse: you’ve heard of it. That futuristic, decentralized, 3D version of the web that’s supposed to make the internet great again. Or at least that’s the promise.

AAPL