Happy to be back? Jim Cramer weighs in on Cyber Monday, whether or not Real Money stock of the day Amazon is walking away a winner and whether he thinks investors should be worried about the 2020 election and its potential impact on the market. Let's Start With Cyber Monday Adobe Analytics ...
According to CNN Business, FedEx, a major sponsor of the Washington Redskins, has asked the NFL team to change its name. This comes after mounting pressure from investors who oppose the name's racist connotations. FedEx said that over 80 groups and shareholders that invest in them demanded that FedEx CEO Frederick Smith "terminate its business and public relationships" with the franchise because of the name. FedEx sponsors and has naming rights for the stadium the Washington Redskins plays in.
LOS ANGELES (Reuters) - United Parcel Service Inc (UPS.N) on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of everything from packaged food to patio furniture since the coronavirus took hold in March. This round follows stay-at-home orders to fight the spread of the novel coronavirus. That public health effort shifted shopping online and resulted in what many are calling a “second Christmas” for UPS, FedEx Corp (FDX.
Amazon employees have been told to remove the short-video app TikTok from their devices immediately. According to CNN, TikTok is owned by the world's most valuable startup, a Chinese company named ByteDance. But TikTok does not operate in China and functions as an independent subsidiary. Its servers are based in the US and not subject to Chinese laws. However, other organizations have moved to ban TikTok.
Amazon AMZN is Real Money's stock of the day this Cyber Monday. And it also may be the gold star winner this Cyber Monday, especially thanks to its one-day shipping. However, retailers such as Target ..