Home / 2019 / November (page 11)

Monthly Archives: November 2019

Video of SpaceX blows top off first Starship rocket in test

SpaceX was conducting a test of its first assembled Starship rocket on Wednesday in Texas when immense pressure burst the tank at the top of the spacecraft, sending pieces flying. “The purpose of today’s test was to pressurize systems to the max, so the outcome was not completely unexpected. There …

Read More »

There’s still time to change to your Medicare plan. Why that matters

Medicare beneficiaries have about two weeks left to evaluate their options for 2020 and make changes for the new year. While you don’t need to take any action if you want to stick with your current coverage, experts say it’s worthwhile making sure it will still suit your needs next …

Read More »

The RealReal’s ‘Faux and Tell’ discloses fakes published on the site

The RealReal’s stock plunged by nearly 11%, shaving off more than $202 million in market value, on the day a CNBC investigation revealed problems in the company’s authentication process. As of Tuesday’s market close, its stock is down 20.7% since the report on Nov. 5, or a loss of $384.5 …

Read More »

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earnings

Retail is set to reverse. That’s the call Mark Newton, founder and president of Newton Advisors, made Wednesday on CNBC’s “Trading Nation” after seeing the SPDR S&P Retail ETF (XRT), which tracks the sector’s top stocks, fall more than 3% week to date in the wake of weak earnings reports …

Read More »

Charles Schwab in talks to buy TD Ameritrade, deal could be imminent

Charles Schwab is in talks to buy TD Ameritrade, a source told CNBC’s Becky Quick on Thursday. A deal could be announced as early as Thursday. A deal between Schwab and TD Ameritrade would create a behemoth with more than $5 trillion in combined assets, about $3.8 trillion from Schwab …

Read More »

Netflix is making a comeback against Disney in the streaming wars

Netflix may be shaking off its summer slump. Disney has taken the streaming wars by storm after debuting its Disney+ service among a pool of other competitors, but Mark Newton of Newton Advisors thinks Netflix can regain the crown after a sluggish few months. “The stock is down about 26% …

Read More »

The RealReal’s ‘Faux and Tell’ discloses fakes published on the site

The RealReal’s stock plunged by nearly 11%, shaving off more than $202 million in market value, on the day a CNBC investigation revealed problems in the company’s authentication process. As of Tuesday’s market close, its stock is down 20.7% since the report on Nov. 5, or a loss of $384.5 …

Read More »

Best Credit Cards for Black Friday and Cyber Monday Shopping of 2019

Holiday shopping is about to reach its peak with Black Friday and Cyber Monday fast approaching. In fact, 60% of holiday shoppers reported that they plan to shop on Thanksgiving Day, Black Friday or Cyber Monday, according to the Visa Business & Economic Insights holiday survey. If you’re one of …

Read More »

L Brands (LB) earnings Q3 2019

A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC store, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Bloomberg | Getty Images L Brands turned in mixed third-quarter results Wednesday as declining sales at its Victoria’s Secret brand continued …

Read More »

Retail earnings, manufacturing gauge, home sales

Shoppers walk outside the Macy’s store in New York’s Herald Square January 11, 2019. Don Emmert | AFP | Getty Images Here are the most important things to know about Thursday before you hit the door. 1. Retail earnings Retailers Macy’s, Nordstrom and Gap report third quarter earnings on Thursday, …

Read More »