Following a rating upgrade by Morgan Stanley, Coca-Cola stock price jumped more than +2% in pre-market trading Tuesday. Morgan Stanley analysts raised rating on the soft drink giant’s shares to overweight from equal weight.Analyst Dara Mohsenian also hiked her 12-month price target on the stock to $55 from $52, which reflects a 14.5% upside. Mohsenian emphasized that growth outlook on Coca-Cola is higher than its consumer packaged goods peers, while also praising the company’s pricing power, “strategy tweaks”, strong volume growth, and rebounding emerging market trends as tailwinds for the stock.

The report sent the the clothing brand's shares down -5% Tuesday. The company reported earnings  of $1.07 per share for the quarter, compared to analysts’ expectations of 89 cents per share (based on FactSet poll).Even as sales from Europe and Asia increased +4% and +6% respectively, North American revenue plunged -7%. Ralph Lauren hiked its quarterly dividend by +10% to 69 cents per share.

Disney is set to take over Comcast’s stake in Hulu in five years. According to a press release, Comcast would sell its holding in the video streaming company at a total valuation of either $27.5 billion, or at whatever value Hulu is assessed to be worth in five years.Disney and Comcast will share the funding in a two-thirds/one-third ratio. There are around 26.8 million paid subscribers (in addition to 1.3 million on a free-trial basis) on Hulu, having increased from around 25 million last year. Disney is also set to launch its own video streaming platform Disney+ this year.

A California jury awarded more than $2 billion to a couple who claimed Bayer’s Roundup weed killer caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. The large punitive damages award is likely to be reduced due to U.S. Supreme Court rulings that limit the ratio of punitive to compensatory damages to 9:1.The jury awarded a total of $2 billion in punitive damages and $55 million in compensatory damages.  It was the third consecutive U.S. jury verdict against the company in litigation over the chemical, which Bayer acquired as part of its $63 billion purchase of Monsanto last year.

Walmart will begin offering next-day delivery on its most popular items. The nation's largest retailer said it's been building a network of more efficient e-commerce distribution centers to make that happen.The next-day service will cover 220,000 popular items from diapers and non-perishable food items to toys and electronics.  Next-day delivery, which will require a minimum order of $35, will be available in Phoenix, Arizona, and Las Vegas on Tuesday.

China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful.

Joe Biden said he would be open to breaking up Facebook. In an interview on Monday with The Associated Press, the former vice-president said that dismantling large technology companies is "something we should take a really hard look at.While Biden didn't fully embrace her proposal — saying it's "premature" to make a final judgment — he praised Warren and said she "has a very strong case to be made" for cracking down on tech giants.

Teva Pharmaceutical Industries fell more than 9% Monday morning in reaction to a lawsuit filed by 44 states. Teva, along with other global drug companies, is accused of conspiring to inflate the prices of their generic therapies by as much as 1,000%, according to the lawsuit filed last Friday.The allegations include drug companies and their executives were not only involved in a price-fixing scheme, but were aware their alleged actions were illegal.

U.S.President Donald Trump said on Monday he would meet with Chinese President Xi Jinping next month and that he expected their discussions would be “very fruitful,” as the trade war between the world’s two largest economies intensified.

This is not so much of a secret, as restaurants have started adding these items with a fun nickname that takes on a new level of appeal among customers. Consumer behavior experts believe that people love secrets as they make them feel powerful and superior that the usual mass.Here are some examples of restaurants taking the hint: Starbucks’ (SBUX) ‘Dragon Drink’ that basically replaces water with coconut milk in the much popular pink colored Strawberry Acai Refreshers.  McDonald’s (MCD) Triple Breakfast Stacks that became popular after customers tweaked traditional menu items to build the super-sized sandwiches.

Amidst the backdrop of persisting trade disputes between U.S and China, and following President Trump’s tariff hike from 10% to 25% on $200 billion worth Chinese goods, global equities took a hit this past week as investors withdrew more than $20.5 billion from equity funds. Analysts at Bank of America Merrill Lynch (BAC) revealed that cash outflow from equity funds were the third highest this year.Overall, equity fund outflows totaled $116 billion this year, the worst showing since 2016. On the other hand, bonds - perceived as safe heaven during times of market distress - reached their 18th consecutive week of cash inflows totaling $7.3 billion.

Since the early 1990s when Hollywood began translating video games into movies, something always seemed to get lost in the change of medium.The film adapted from the Pokemon video game is based on Tim Goodman’s attempts to find his missing father with the help of Detective Pikachu, a wisecracking Pokemon in a city where humans and Pokemons co-exist. According to 350 user ratings on Rotten Tomatoes, the film has captured 87% of the audience’s imagination but still hasn’t managed to escape the biggest criticism of film adaptations of video games: that it is less fun to watch than to play. To date, ‘Transformers’ and ‘Resident Evil’ are the only two video game adaptations to create box office legacy.

Cryptocurrency has struggled to gain mainstream traction, but the promise of digital coins has attracted the interest of one of tech’s biggest companies.Facebook has explored blockchain-centric projects in the past few years, but a new payment initiative the Wall Street Journal reports is “code-named Project Libra” prominently features digital currency – and has the potential to succeed where other projects have failed. Facebook has been “recruiting dozens of financial firms and online merchants to help launch” the platform, which sources said would center around a new digital coin that Facebook users could use to “send to each other and…make purchases both on Facebook and across the internet” through theoretical partnerships with internet retailers and apps.

In the strong reversal on May 10, many stocks and ETFs reversed from losses to gains throughout the day.One ETF in particular that caught my attention was the Consumer Discretionary Select Sector SPDR (NYSE: XLY).

Oil futures were mixed on Monday, with U.S. crude edging lower, as investors and traders fretted over global economic growth prospects amid a standoff in Sino-U.S. trade talks. 

Cadillac, the luxury arm of auto giant General Motors, appeared to not anticipate the insatiable hunger consumers have for SUVs and crossovers. 

Shares of Japanese conglomerate Softbank Group came under pressure in Monday’s trading session in Tokyo following the large losses seen on ride-hailing giant Uber’s debut day last Friday.

Uber Technologies shares lost -7.6% on the day of the ride-hailing company’s public market debut. Compared to Uber’s $45 initial public offering price, the stock opened at a lower, $42 per share price Friday on New York Stock Exchange.It closed its first trading day at $41.57. In August, Uber last raised private capital, from Toyota Motor at a valuation of about $76 billion - from which market valuation fell to $74 billion at 2.38 pm in New York on Friday when the share price dropped -2.7% to $43.85. Morgan Stanley, Goldman Sachs Group, and Bank of America led the listing of Uber shares. Earlier in the day, U.S. stock markets declined on President Donald Trump’s comments that there’s  “no rush" to reach a trade agreement with China.

News Corp. surprised analysts with unexpected net positive earnings for the latest quarter. The company raked in adjusted earnings of 4 cents per share, while analysts’ had expected just a break-even.Its revenue climbed +17% year-over-year to $2.46 billion, missing analysts’ estimates of $2.51 billion . CEO Robert Thomson highlighted the growth in the media company’s digital subscriptions, surge in its digital audio book sales and expansion of the company’s digital real estate businesses as key factors behind the quarter’s strength. News Corp. shares jumped almost +4% Friday.

Disney said it recorded a one-time gain of $4.9 billion as a result of re-measuring its initial 30% stake to fair value. Other key highlights of the quarter include a 15% increase in direct-to-consumer and international segment revenue to $955 million, but the quarter also saw its segment operating loss jump from $188 million to $393 million.The latter was due to Disney’s ongoing investment in ESPN+, launching expenses of Disney+ coupled with loss from the consolidation of Hulu and higher losses from streaming technology services. According to Disney's chairman and CEO, Robert Iger, the company is thrilled with the record-breaking success of ‘Avengers: Endgame’ and the film will be streamed exclusively on Disney+ starting December 11th.