Mona S

Mona is a financial advisor. She’s a very organized person but also loves to meet new people and try new restaurants.

American Express Acquires Restaurant Booking Platform Tock in a $400 Million Deal

Credit card company American Express (AmEx) continues to increase its reach in the restaurant industry. AmEx announced on Friday that it has an agreement in place to acquire restaurant booking platform Tock for $400 million in an all-cash deal. Tock,...

Wells Fargo is Having Second Thoughts About Rent Credit Card Partnership With Bilt

Back in 2022, banking giant Wells Fargo teamed up with fintech startup Bilt Technologies to launch a new credit card that allowed users to pay rent without incurring landlord fees while also earning perks. However, after incurring millions in...

Retail Sales in the U.S. See Weaker Increase Than Expected

The report on retail sales in the U.S. for May Commerce Department has shown a weaker increase compared to expectations. The sales rose just 0.1%, while Dow Jones expected to see a 0.2% increase, and economists polled by FactSet...

Cruise Stocks Drop Amid Worries About Their Pricing Power

Cruise companies Carnival, Norwegian Cruise, and Royal Caribbean all saw their stock take a significant dip on Friday after analysts expressed concerns about their pricing power. In a note sent out to clients, Bank of America analyst Andrew Didora wrote...

EV Maker Fisker Recalls 18,000 Cars Due to Software Issues, Compliance Reasons

Electric vehicle maker Fisker announced on Wednesday that it’s recalling more than 18,000 cars in North America and Europe. The recall affects Fisker’s Ocean SUV models that haven’t received an update to the 2.1 operating system. According to the company,...

UBS Analyst Sees a Big Upside for Calvin Klein Owner PVH’s Stock

PVH Corp., the parent company for luxury brands Calvin Klein and Tommy Hilfiger, has seen its stock heading toward recovery after a surprising dip in April. But, according to analysts at investment bank UBS, this might just be the...

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