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Author: Sophia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
Hertz May be Preparing for a Possible Bankruptcy
April 29, 2020 Sophia Vida
Hot Stocks

Hertz May be Preparing for a Possible Bankruptcy

American car rental company Hertz may be preparing for a possible bankruptcy filing according to a new Wall Street Journal report. Shares of the stock fell a little over 15% on the news. The WSJ has reported that the situation is fluid after the vehicle rental giant failed to make lease payments due to the … Continue reading “Hertz May be Preparing for a Possible Bankruptcy”

Nathan’s Famous Hot Dog Chain To Return $1.2M It Received in Rescue Loan
Hot Stocks

Nathan’s Famous Hot Dog Chain To Return $1.2M It Received in Rescue Loan

Under the Paycheck Protection Program, public companies should not request loans from the government but…

April 27, 2020 Sophia Vida
Marijuana Producer Cresco Labs Reports Record Revenue for Q4
Company News

Marijuana Producer Cresco Labs Reports Record Revenue for Q4

Cresco Labs Inc., a Chicago-based marijuana producer, reported its fourth quarter financial results on Monday.…

April 27, 2020 Sophia Vida
Saudi Arabia Has Bought $500 Million Stake in Live Nation
Hot Stocks

Saudi Arabia Has Bought $500 Million Stake in Live Nation

Shares of Live Nation were soaring almost 10% on Monday after Wall Street learned that…

April 27, 2020 Sophia Vida
Coronavirus Helps Curbside Pickup at Retail Stores Explode

Coronavirus Helps Curbside Pickup at Retail Stores Explode

With the coronavirus pandemic, many people are opting for curbside pick up to pick up…

April 27, 2020 Sophia Vida
JetBlue Will Now Require its Passengers to Wear Masks

JetBlue Will Now Require its Passengers to Wear Masks

The coronavirus has prompted for millions of people around the nation to wear a mask…

April 27, 2020 Sophia Vida
Nvidia Closes $7 Billion Acquisition of Mellanox
Company News

Nvidia Closes $7 Billion Acquisition of Mellanox

A deal in which Nvidia CEO Jensen Huang has called a "homerun deal" has been…

April 27, 2020 Sophia Vida
Oil Could Fall to -$100 a Barrel Says Energy Strategist
Money

Oil Could Fall to -$100 a Barrel Says Energy Strategist

Oil prices have been plummeting and according to one energy strategist, they could get even…

April 24, 2020 Sophia Vida
Las Vegas Sands Shares Jump on Better Than Expected Earnings
Hot Stocks

Las Vegas Sands Shares Jump on Better Than Expected Earnings

Shares of Las Vegas Sands shares were up over 10% in Thursday's trading session after…

April 24, 2020 Sophia Vida
Abigail Disney is Furious at What Disney is Doing

Abigail Disney is Furious at What Disney is Doing

Abigail Disney, the granddaughter of Walt Disney's late brother Roy Disney, has been tweeting up…

April 24, 2020 Sophia Vida
Expedia Says it is Raising Over $3B in New Capital
Company News

Expedia Says it is Raising Over $3B in New Capital

Expedia, along with many other travel related companies, has felt a financial burden due to…

April 24, 2020 Sophia Vida
Target Shares Fall on Q1 Profit Warning
Hot Stocks

Target Shares Fall on Q1 Profit Warning

Big box retailer Target saw its shares crumble on Thursday after the company said that…

April 24, 2020 Sophia Vida
Gap Stops Paying Rent and Says It May Not Have Enough Cash Left
Hot Stocks

Gap Stops Paying Rent and Says It May Not Have Enough Cash Left

Retailer Gap, which also operates Banana Republic, Old Navy and Athleta, is feeling a heavy…

April 24, 2020 Sophia Vida
LendingClub Cuts About 30% of its Workforce Due to Cornavirus
Hot Stocks

LendingClub Cuts About 30% of its Workforce Due to Cornavirus

The Covid-19 has put a damper on loan demand, prompting LendingClub to slash about 30%…

April 23, 2020 Sophia Vida

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