Target (TGT) has been battling serious backlash in recent weeks after shoppers took offense to their “tuck-friendly” swimsuits and a “the Devil Respects Pronouns” shirt. These products were designed for the transgender community and were part of a larger Pride line that hit shelves not too long ago. Critics claimed that these products shouldn’t [...]
Students around the world have been playing on easy mode for the past 6-12 months as ChatGPT has become their go-to source for homework, and specifically, essays. And, the company that used to be the students’ trusted companion - Chegg (CHGG) is getting crushed as a result. The online education company had its earnings [...]
Anheuser-Busch - the parent company for Bud Light - has made nationwide waves with its latest promotional marketing tactic. After partnering with transgender influencer Dylan Mulvaney, the company has received a barrage of criticism. While BUD stock is down in the past week, the company’s competitors are thriving - one of which is Molson [...]
Yesterday morning, Alkaline Water (WTER) announced approval by the board of directors for a 15-for-1 reverse stock split. This is effective under Nevada law as of today (April 5). The implications of this move include a dramatic reduction of common stock shares on the market. Before the reverse stock split, 200,000,000 shares of common [...]
Coca-Cola (KO) reported solid 4th quarter earnings yesterday along with an updated 2023 outlook that should have investors (or potential investors) excited. The company saw a 7% increase in revenue during the 4th quarter - up to $10.13 billion. This beat analyst estimates of $10 billion. This was largely driven by an increase in [...]
PepsiCo, Inc. reported its fourth quarter and full-year earnings on Thursday, causing shares to increase over 1% to $176.20 a share because of stronger-than-expected performance. Although investors seem pleased with the higher prices of PepsiCo's snacks and beverages, this might not be a sign of good times to come. Despite the impressive top-line results, [...]
Yesterday, a South Florida jury determined that Flo Rida won his lawsuit against Celsius over breach of contract. The damage for Celsius came out to $82 million after they didn’t hold up their end of the deal in an endorsement deal that took place from 2014-2018. Flo Rida was promised a 1% stake in [...]
Oatly (OTLY) - the plant-based food brand - was upgraded to a buy rating by analysts at Mizuho Thursday morning. This Japanese bank claims the bear run is over for Oatly, and they’re poised to make a run. And a serious run at that - with a price target set at $6. This is [...]
This morning, Albertsons Companies (ACI) released a statement letting shareholders (and potential investors) know that a common stock dividend has been approved by the board of directors. This dividend is for the 5th quarter of fiscal 2022 and shareholders will receive $0.12/share of common stock. This comes after impressive Q3 earnings where the company [...]
Anytime insiders within a company start selling off their shares it will raise eyebrows. But when a group of insiders does it - including the president and CFO, it’s worth paying attention to. And that’s exactly what’s happening right now within the Coca-Cola Company (KO). Over the past year, KO has performed very well [...]
