Could Richard Branson Send Under Armour Stock Into the Stratosphere?

Under Armour (NYSE: UAA) stock is underperforming the stock market year-to-date, with 12% gains vs. 20% for the S&P 500 index. If anyone can resuscitate a lagging stock, it’s Richard Branson, the billionaire entrepreneur behind space exploration company Virgin Galactic. Branson turned to Under Armour to design the spacesuits that will eventually take him and …

GE Pension Failure Could Send Investors into Arms of Bitcoin

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate …

Airline Stocks Crash & Burn in Face of Climate Change ‘Flight Shame’

Airline stocks entered a punishing tailspin on Wednesday as rising costs threatened profits. United Airlines (NASDAQ: UAL) slid 4.72% to $83.69 per share. American Airlines (NASDAQ: AAL) was down 5.34% to $25.37. Delta Airlines (NYSE: DAL) fell 4.72% to $54.35. Even the leaner Southwest Airlines (NYSE: LUV) stock dipped 2.49% to $52.04. Delta Airlines headlined …

Fortnite Leaders Dominate Day 1 of Champion Series Finals

The highly anticipated finals of the Fortnite Champion Series are in full swing, bringing together battle royale hopefuls from across the world who’ve toiled away for five consecutive weeks to secure a spot among each regions’ best players. On day one, the competition produced some high tier matches, brilliantly contested wins, dominance from Fortnite’s biggest …

Roku Shares in Free Fall as FedEx Stock Steadies After Wednesday Rout – CCN.com

The shares of streaming devices manufacturer and online media content aggregator Roku continue to tumble in the pre-market hours after they slid by over 13% on Wednesday. On the other hand, Fedex which was another big loser on Wednesday after falling by 12.92% seemed to have contained the bleeding in Thursday’s pre-market hours. Comcast Lands …

Microsoft Stock Blows Away Critics With Huge Buyback Plan – CCN.com

Quick, guess the world’s most valuable company? Apple, Facebook, Google? It’s none of those. Instead, Microsoft has claimed the title. The software giant is now worth $1.1 trillion, narrowly edging out Apple for the top spot. And Microsoft’s lead is likely to grow in the coming days. That’s because the company just announced a huge …

Rapper Nas & the No-Good-Very-Bad Payday Loan Investment – CCN.com

Nas wasn’t wrong to back a fintech product designed to disrupt the payday loan industry. He just threw his weight behind the wrong one. | Source: Shutterstock Famed rapper Nasir Jones (“Nas”) made a poor choice in backing a revolutionary new financial services product that provides “earned wage access” to employees. A variety of earned …