How Walmart Is Stacking the Deck Against the Competition
Compared to the company Sam Walton founded, Walmart (NYSE: WMT) today is fast becoming unrecognizable. Under the guidance of CEO Doug McMillon, the world’s largest retailer is reinventing itself by pivoting toward growth markets and creating a Walmart that will thrive in the future. These days, the company is becoming much more than the low-priced, […]
Costco Executives Talk E-Commerce, Tax Reform, and Wages
There was plenty to like when Costco Wholesale Corporation (NASDAQ: COST) reported its third-quarter financial results. Even in a tough environment for traditional retailers, Costco was able to deliver growth that largely beat the expectations of investors. Revenue grew 12% year over year to $32.36 billion, exceeding analysts’ consensus estimates of $31.84 billion. Costco outperformed […]
Maybe This Is Why Elon Musk Wouldn’t Answer That Analyst Question
About a month ago, Tesla (NASDAQ: TSLA) CEO Elon Musk did investors a disservice when he dismissed very legitimate questions from sell-side Street analysts. Musk incorrectly thought that the analysts were trying to justify their short theses, which wasn’t the case and later conceded that it was “foolish” of him to do so. Even if […]
Is Nektar Therapeutics Stock a Bargain Now?
Bristol-Myers Squibb (NYSE: BMY) has placed a lot of chips on its partnership with Nektar Therapeutics (NASDAQ: NKTR), encouraging plenty of investors to shovel money at the smaller biotech. Now shareholders are jumping ship because they’re scared that Bristol jumped too soon. As is often the case with encouraging results from very small patient groups, […]
iOS 12 makes closing apps on your iPhone X a lot simpler
WWDC is in full swing and Apple has already announced a number of new updates for both iOS and macOS. On the iPhone, iOS 12 will make notifications easier to ignore and attempt to curtail phone addiction, but it’ll also make closing apps on the iPhone X so much simpler. Right now, quitting apps on […]
Grab drivers in Southeast Asia are now convenience stores, too
Drivers of Southeast Asia-based Grab can now become mini convenience stores. That’s because the ride-hailing company, which bought out rival Uber’s local business earlier this year, has teamed up with U.S. startup Cargo to sell a selection of items to passengers during their ride. New York-based Cargo claims it can help drivers earn up to […]
Intel teases a massive 28-core, single-socket chip that will launch later this year
Intel is feeling increasing pressure from AMD and Qualcomm and the competition will get even more intense if reports that Apple is working on its own chips to replace Intel processors in Macs are true. In an interview with Engadget last week before Computex, Intel’s client computing head Gregory Bryant said that Intel would reveal […]
This robotic snake can fly into buildings to put out fires
In ancient times, strange and violent wyrms crawled out of caves and gullies to attack and burn unsuspecting townfolk as they slept. Now, researchers at Tohoku University and National Institute of Technology, Hachinohe College, in Japan, have turned the tables on these terrible fire breathers, creating a flying snake robot that flies around spraying water […]
NASA mathematician Katherine Johnson being honoured in bronze
INSTITUTE, W.Va. — Katherine Johnson, the NASA mathematician whose calculations helped astronauts return to Earth, is being honoured at her alma mater with a bronze statue and a scholarship in her name. West Virginia State University says a dedication ceremony is planned for Aug. 25, the day before Johnson’s 100th birthday. Long before the digital […]
Sharing food and faith: Calgary buzzing with fast breaking events over Ramadan
Nightly iftar events, parties happening all over the city during the holy month As soon as the sun sets over northeast Calgary during Ramadan, its many ethnic restaurants and eateries — along with homes and community centres — come alive. The fast-breaking evening meal is called an iftar. It’s a loud, busy and colourful occasion […]