Walt Disney Co Chief Executive Bob Iger told Reuters on Wednesday it would be “very difficult” for the media company to keep filming in Georgia if a new abortion law takes effect because many people will not want to work in the U.S. state.

On Thursday, McDonald’s will open a new flagship store in Times Square, expected to be its busiest in the U.S.

Although he believes that the company’s earnings could beat consensus estimates by two cents a share when it reports its results next month, he also seems to think that earnings will most likely fall short of consensus expectations going forward. The company has had its share of challenges in recent times.In January, it voluntarily recalled certain bags of its Gold Medal branded unbleached flour over salmonella concerns. However, there could be some potential tailwinds (atleast for the near-term).

They closed down 0.6% on Wednesday after hitting their lowest since March 12 at $56.88. Brent crude futures, the international benchmark for oil prices, were up 3 cents at $69.48 a barrel.crude inventories declined by 5.3 million barrels in the week to May 24 to 474.4 million, data from industry group the American Petroleum Institute showed.

The number of borrowers looking for a home loan fell to a one-month low, the Mortgage Bankers Association said. The Washington-based group’s seasonally adjusted measure on mortgage applications for home purchase and refinancing declined by 3.3% to 411.5 in the week ended May 24.This was the lowest level since the week of April 26.  “Concerns over European economic growth and ongoing uncertainty about a trade war with China were some of the main factors that kept mortgage rates low last week,” Joel Kan, MBA’s associate vice president of economic and industry forecasting, said in a statement.

Chinese tutoring company TAL Education Group (NYSE: TAL) has been trending higher since last October and a trend channel has formed that defines the various cycles within the overall trend.With the turn higher in the last few days, the indicators made a bullish crossover on May 28. The Tickeron AI Trend Prediction Engine generated a bullish signal for TAL on May 24 and the signal calls for a gain of at least 4% over the next month.

Production will begin in the Netherlands and start rolling out its plant-based meat substitutes by early 2020. Beyond’s stock, valued at $5 billion, has surged 241% since it went public at the beginning of May.After the conclusion of talks with Zandbergen, it will be Beyond’s first venture in Europe. According to analysts, 22% of Europeans are trying to reduce meat consumption and opting for ‘flexitarian’ diet that includes alternatives closely mimicking the actual taste and texture of meat. This partnership with Zandbergen means now it can make its vegan meat alternatives in the Netherlands at a new manufacturing facility.

Over the past couple of years, Amazon’s ad business has grown leaps and bounds and today Amazon is the third largest digital advertising company in the U.S. The majority of Amazon’s ad revenue growth comes from opening new ad inventory to make the most of the huge amount of traffic on its online marketplace.That is usually done through a hike in average ad prices so that its ad inventory does not get restricted. Even though there are other online platforms that offer ad products, sellers are most keen on advertising on Amazon than on other marketplaces like eBay (EBAY).

Made with plant-based meat substitutes, the Impossible Whopper is released in test markets and in some locations like St. Louis it has outperformed national foot traffic average by 18.5% in April which is 16.75% higher than the previous month’s average. This could offset Burger King’s declining same-store sales growth.Impossible Whopper has the potential to break that trend. Analysts believe that plant-based meat alternatives have the power to disrupt the meat category like plant-based milk drinks disrupted diary and energy drinks disrupted caffeinated beverages. Impossible Foods, the original inspiration for plant-based burgers, raised $300 million in its latest funding cycle.

Roku shares jumped around +4% Wednesday, following an increase in price target from Needham analyst Laura Martin. Martin raised her price target to $120 from $85 – reflecting a +28% upside from the stock's current level. She reiterated her Buy rating on the stock. Roku sells digital media players that allow customers to access Internet streamed video.

Canada Goose Holdings’ fiscal fourth quarter revenue fell short of analysts’ expectations, leading to the company’s shares falling -22% Wednesday. While the outdoor clothing maker’s revenue surged +25% year-over-year to C$156.2 million in the quarter, it still missed analysts' estimates of C$156.8 million. However, adjusted earnings of  9 Canadian cents a share surpassed analysts' estimates of 6 Canadian cents. For the full year, total revenue climbed +40.5% to C$830.5 million.According to Canada Goose, higher operating income and a lower effective tax rate contributed to the net income growth. Looking ahead into fiscal 2020, Canada Goose Holdings expects annual revenue growth of at least +20%.    

Abercrombie & Fitch shares took a -22% nosedive in early trading Wednesday, following disappointing same-store sale growth and the company’s plans to close more stores. The retail company’s same-store sales increased +1% during the fiscal first quarter, missing analysts’ estimates of +1.3%  (based on Refinitiv survey of analysts). However, the company’s total sales of $734 million exceeded analysts’ expectations of $733.4 million.The bottom line was also better compared to the year-ago quarter’s loss of -62 cents a share. Looking ahead, Abercrombie said that it projects second quarter net sales growth to be flat to up +2% - which is a lower range compared to analysts’ estimates of +2.8% growth.

As pressure mounts on McDonald’s to add a vegan burger to its line-up, CEO Steve Easterbrook compared the decision to its choice to start offering breakfast all day.

Crude oil prices tumble as China signals it could play the rare earths card in its trade war with the U.S., adding to concerns that an ongoing standoff could hurt crude demand; U.S. WTI -2.6% to $57.60/bbl, Brent -1.9% to $68.80/bbl.

Tobacco stocks slid Tuesday after new Nielsen data showed cigarette sales declined sharply in the past month.

The iShares MSCI Germany ETF (NYSE: EWG) gapped lower on May 23 and then gapped higher on May 24.The interesting thing is that the gap lower caused the ETF to move outside of a trend channel that has defined the various cycles over the last few months and the gap higher moved it back into the channel. The oscillators aren’t in oversold territory, but the stochastic readings did come close and have now made a bullish crossover. One potential concern is the fact that the 10-day moving average just crossed bearishly below the 50-day.

Microsoft and J.P. Morgan Join Forces for Big Bet on Blockchain​ Also in this newsletter Can A.I.Help Treat Mental Health? Artificial intelligence is no longer just a staple of the page and movie screen – it is increasingly and creatively used in a variety of real-world contexts.

Known for its generous dividend yield, one of the largest utility company in the United States – Dominion Energy, is all set to lose its tag of ‘dividend growth machine’ as the company plans to slow down its dividend growth to ensure it remains a great income stock. Sitting at the top end of the spectrum in terms of dividend yield compared to its peers, the company has an impeccable record of increasing its dividend annually for 16 consecutive years.The company has been recently seen moving its business more and more toward assets with regulated businesses or fee-based structures.

Shares of the American sportswear and footwear retailer, Foot Locker, plunged more than 16% on Friday after the shoe retailer reported fiscal first-quarter earnings that missed Wall Street profit and revenue estimates. Company’s adjusted earnings per share for Q1 stood at $1.53 compared to Wall Street’s estimate of $1.60.While the revenue for the quarter stood at $2.08 billion against the expectation of $2.11 billion, despite the net sales increasing by 2.62% during the quarter. On an unadjusted basis, Foot Locker reported fiscal first-quarter net income of $172 million, or $1.52 per share, up from $165 million, or $1.38 per share a year earlier. The main reason for such an unsatisfactory performance of the company is its excessive dependence on major shoe companies like Nike (NKE) who are increasingly bypassing the retailers by directly selling its product to their customers.

Escalating tensions between two of the largest economies of the world, U.S. and China, reached another level at the beginning of this month after President Trump announced an increase in tariffs on $200 billion of Chinese goods from 10% to 25%.Further, he also threatened to apply 25% tariffs on the remaining imports from China worth around $300 billion. However, according to chief U.S. economist at Nomura - Lewis Alexander, levying 25% tariff on all Chinese goods entering American borders is likely to hurt U.S. economic growth especially when the economy is already showing signs of a slowdown in the recent months. He emphasized that the import tariffs are majorly paid by the American importers and the American consumers rather the Chinese, therefore it can result into core inflation in America growing by 0.5% point over the next 12 months. He further added that owing to this tariff hike the likely impact on U.S. economic growth is how trade developments affect business confidence an