Morgan Stanley Cries Wolf on ‘June Gloom’ Economy Outlook

Morgan Stanley Cries Wolf on ‘June Gloom’ Economy OutlookBy CCN Markets:  Morgan Stanley economist Ellen Zentner told clients today that June may be a rough month in the economy, going so far as to suggest “June Gloom” is looming. This comes on top of a similar warning two weeks ago from the very same Wall Street

Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze

Beyond Meat Stock Crushed It Yet Again Thanks to Hype & Short Squeeze By CCN Markets: Beyond Meat was the biggest non-penny-stock market winner on Wednesday, soaring another 12.7% to $142 per share. Beyond Meat’s stock is now up 460% since its IPO. Why is Beyond Meat’s stock going bonkers, and is the company’s valuation

CCN is Shutting Down after Google’s June 2019 Core Update

CCN is Shutting Down after Google’s June 2019 Core UpdateDear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight.   As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2

Dem Hopeful Andrew Yang Slams Amazon in Viral Maher Clip

Dem Hopeful Andrew Yang Slams Amazon in Viral Maher ClipBy CCN Markets: Democratic presidential candidate Andrew Yang appeared on the Bill Maher show over the weekend. He discussed his Universal Basic Income (UBI) plan in detail, suggesting that big tech companies including Amazon could foot the bill. The clip is taking off, with more than 300,000

Walmart In-Home Delivery a Security Threat and Amazon Knock-Off

Walmart In-Home Delivery a Security Threat and Amazon Knock-OffBy CCN: For a company that can’t even employ staff members capable enough to direct shoppers to the right aisle, Walmart is taking an enormous gamble asking customers to trust them to enter their homes. But that’s exactly what the Bentonville, Ark. behemoth is planning to do

Uber’s Executive Shakeup Is Just What This Flagging Company Needed

Uber’s Executive Shakeup Is Just What This Flagging Company NeededBy CCN: Uber has suffered a defection from the C-Suite, and the timing couldn’t be better. It’s no secret that the ride-sharing company that has been struggling with its own identity has had a rocky road since its IPO. The stock only recently recaptured the IPO

Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio

Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your PortfolioBy CCN: In yet another example of the ongoing irrational exuberance in the stock market, Beyond Meat soared 15% in after-hours trading to $115 after its first post-IPO earnings report. Or rather, its first post-IPO loss report. Once again, the stock market insists on valuing money-losing

Massive Google Cloud Outage Nukes Snapchat, Gmail, & YouTube

Massive Google Cloud Outage Nukes Snapchat, Gmail, & YouTube   By CCN: Around 3:25 pm ET, a massive chunk of the internet went dark. Google Cloud appears to be the source of the problems. This has led to outages for YouTube, Discord, Google Photos, Search, News, Analytics, Gmail, and various other services. It’s not just

Elon Musk Cracks Whip on Tesla Employees, Pushes Faster Deliveries

Elon Musk Cracks Whip on Tesla Employees, Pushes Faster DeliveriesBy CCN: Tesla CEO Elon Musk unintentionally provided the stock market with some laughs Thursday, reportedly issuing a letter to employees demanding that the electric vehicle maker deliver cars faster. This comes as no surprise, as it seems it has dawned on Elon Musk that reality