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OPEC, the international cartel of oil producers, and its allies are scheduled to meet at its headquarters in Vienna, Austria today. As usual, the outcome of the gathering of the group's 15-member countries from the Middle East, Africa and Latin America, and several other major producers,...

Shares of Cronos Group Inc (NASDAQ: CRON) and Aphria Inc (NYSE: APHA) extended their recent moves in opposite directions on Tuesday morning, as investors continued to digest major headlines related to the popular cannabis companies. Cronos shares, which added more than 11 percent on Monday,...

Wayfair Inc (NYSE: W) aims to further expand its operations in Georgia. The company plans to open a new industrial center in the Savannah. The new facility, which will span 1.1 million square foot, is expected to be opened in April 2019. The online home goods retailer is looking to hire people...

Boeing Co (NYSE: BA) recently secured a contract to deliver production engineering support in association to installation and integration of systems required to initiate, evaluate, and integrate modifications to F/A-18E/F and EA-18G aircraft. These efforts will cater to continued system...

Summary: GameStop Corp. (NYSE: GME) traded 12% lower shortly after Friday's opening bell after fiscal 2018 sales down 2-6 percent.  Shares has recovered somewhat and were trading about 7 percent lower in the late-afternoon session. Our view is that GameStop has more time to decline,...

The Bank of England (BoE) released the results of its 2018 stress test, wherein all of the seven major U.K. based banks — HSBC Holdings plc (NYSE: HSBC), Barclays PLC (NYSE: BCS), Lloyds Banking Group plc (NYSE: LYG), The Royal Bank of Scotland Group plc (NYSE: RBS), Nationwide Building...

The U.S. Energy Department's inventory release showed that crude stockpiles recorded another weekly build on rising imports and continued strength in production. Following the negative data set, the front month West Texas Intermediate crude futures lost 2.5 percent to $50.29 per barrel on...

Summary: Salesforce.com, Inc. (NYSE: CRM) soared on Wednesday, trading over 10 percent higher after posting earnings that beat Wall Street expectations. Our view is that it is likely to trade into its resistance zone, followed by a period of decline. Salesforce.com Stock Weekly Chart

Boeing Co (NYSE: BA) recently secured a $383.4 million modification contract for providing Protected Tactical Enterprise Service (PTES). The contract was awarded by the Space and Missile Systems Center in El Segundo, CA. This deal involves a joint ground platform that will offer tactically enhanced...

Lockheed Martin Corporation (NYSE: LMT) recently secured a $79.4-million modification contract for providing Apache attack helicopter with night vision sensor systems, subcomponent production and other technical services. The contract was awarded by the U.S. Army Contracting Command, Rock...

With the commercial deployment of 5G, the coverage build-out and number of subscriptions are likely to grow faster than expected. Per the latest edition of the Ericsson (NASDAQ: ERIC) Mobility Report, 5G is expected to reach 40 percent of the world's population with 1.5 billion...

Spirit Airlines Incorporated (NYSE: SAVE) traded over 15 percent higher on Tuesday after raising its guidance for fourth quarter revenue per seat mile. Given that it recently started a new market cycle, we see more upside for this stock. Spirit Airlines Stock Weekly Chart

GlaxoSmithKline plc (NYSE: GSK) and partner Johnson & Johnson (NYSE: JNJ) announced that Japan's Ministry of Health, Labour and Welfare granted a marketing approval to Juluca for the maintenance treatment of HIV -1 infection. Juluca combines two approved HIV drugs —...

While the cryptocurrency market as a whole is losing its market cap value, Ripple’s XRP managed to take over Ethereum as Ether’s coin market cap dropped to around $11.2 billion. Ripple’s market cap was sitting at $14.2 billion during Monday’s late-afternoon...