Home improvement shares jumped in early trade Monday as Tropical Storm Harvey continued to dump rain on Houston, Texas. Shares of Lumber Liquidators jumped 3.6 percent, while Lowe’s rose 1.2 percent and Home Depot climbed nearly 1 percent. Shares of power generator manufacturer Generac fluctuated after peaking 1.5 percent higher. The S&P 500 gained overall […]
Read moreA former key Wal-Mart executive and member of the founding Walton family has sold a chunk of his shares, netting a tidy $62.3 million in proceeds. S. Robson “Rob” Walton, the eldest son of company founder Sam Walton, sold his shares in two installments Wednesday and Thursday, according to a regulatory filing with the Securities […]
Read moreApple will also likely take time to recap changes coming to all of its software platforms, including iOS 11 for the iPhone and iPad, tvOS for its Apple TV and watchOS for the Apple Watch. We should also finally learn more about Apple’s augmented reality efforts, which will let apps superimpose computer-generated images on top […]
Read moreSeveral members of a White House cybersecurity council resigned last week in protest over President Donald Trump’s response to the violence in Charlottesville and the decision to withdraw from the Paris climate agreement, among other issues. In a resignation letter obtained by NextGov, eight members of the 28-person National Infrastructure Advisory Council (NIAC) said that […]
Read moreApple will host its big iPhone 8 event on Sept.12, Dow Jones said Monday. The tech giant is expected to announce a bevvy of products, including two new iterative iPhone updates, possibly named the iPhone 7s and iPhone 7s Plus, in addition to a high-end iPhone 8. Apple is also reportedly gearing up to announce […]
Read moreWhen you think of the next version of the nightly news, you think of Vice. But what do you think about when you think of a totally new sports brand that fits this mobile and social generation? I’m arguing the answer is Barstool Sports. Barstool Sports is one of the most talked about new sports-related […]
Read moreNow that its $13.7 billion acquisition is complete, Amazon is selling its Echo and Echo Dot devices inside Whole Foods, and at a discount. CNBC visited a Whole Foods in New York Monday morning, following completion of the grocer’s deal with the internet giant, and found a display of the devices selling for $99.99 and […]
Read moreAmazon-style discounts on food items sold through Whole Foods Market will lead to big market share gains in the grocery category, says Morgan Stanley. The firm reiterated its overweight rating for Amazon shares, saying the internet giant will also acquire more subscribers to its Amazon Prime shopping club as a result of its Whole Foods […]
Read moreA recent filing with the FCC suggests Sonos is preparing to launch a new speaker with voice controls. It’s possible the speaker could compete with products such as the Amazon Echo, Google Home and the upcoming Apple HomePod, though early rumors have suggested that the new Sonos will pack Amazon’s Alexa assistant. That would allow […]
Read moreAlthough the Ionic is mainly an exercise tracker, it does have some other useful features. For instance, you can store and listen to music while you exercise, and a partnership with Pandora will allow Pandora Premium and Plus subscribers to take Pandora stations offline to the device. The company also introduced a new Bluetooth wireless […]
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