California's Marijuana Industry May Be in Deep Trouble, Depending on Your Perspective

California's Marijuana Industry May Be in Deep Trouble, Depending on Your Perspective
From growers to investors, the marijuana industry has most everyone seeing green. According to cannabis research firm ArcView, legal weed sales are expected to grow in North America by 26% a year through 2021, yielding a nearly $22 billion market. Of course, that could be touching the tip of the iceberg considering expansion opportunities in the U.S. and throughout the... Read More

Apple, Inc. Sales and Earnings Are Set to Soar, Thanks to the iPhone X

Apple, Inc. Sales and Earnings Are Set to Soar, Thanks to the iPhone X
Since Apple (NASDAQ: AAPL) revealed its new iPhone lineup back in September, it has been clear that the company’s holiday-quarter performance would depend greatly upon supply and demand for the pricey iPhone X. Initially, many investors were worried about severe supply constraints for Apple’s most ambitious phone yet. Others were afraid that the iPhone X’s starting price of $999 would... Read More

Is Baozun's Post-Earnings Plunge a Buying Opportunity?

Is Baozun's Post-Earnings Plunge a Buying Opportunity?
Shares of Baozun (NASDAQ: BZUN) plunged 17% on Nov. 22 after the e-commerce solutions provider reported its third quarter earnings. That decline was surprising, since Baozun’s headline numbers looked solid. Its revenue rose 19% annually to 890.2 million yuan ($133.8 million), beating expectations by $1.65 million. Its non-GAAP net income grew 25% to 35.1 million yuan ($5.3 million), or 0.59 yuan... Read More