Today’s Stock Market News

* Stories are summarized by an A.I. * Companies mentioned: LK, SoftBank, COST, and Ucommune Luckin Coffee jumps after announcing unmanned retail strategy LK;SBUX LK (Luckin Coffee Inc ADR) | The Fly At the press conference, Luckin Coffee also disclosed that its number of self-operated stores reached 4,507 by the end of 2019, which the Company believes makes it the largest coffee chain by number of stores in China as of December 31, 2019. Read More SoftBank in talks to sell stake in Indian renewables venture: ET SFTBF (SoftBank Group Corp) | Reuters REUTERS/Issei Kato/File PhotoBENGALURU (Reuters) - SoftBank Group Corp (9984.T) is in talks to sell a majority stake in its renewable energy joint venture in India as it looks to raise cash after facing setbacks to its global investments, India’s Economic Times daily reported on Thursday. Read More New Cambridge Analytica Leaks Reveal Psychological Manipulation Of Global Population Zero Hedge The latest CA wh...

* Stories are summarized by an A.I. * Companies mentioned: BA, SpaceX, TSLA, CITIC, and BP Boeing 737 crashes shortly after takeoff in Iran BA (The Boeing Company) | UPI A Boeing 737 with at least 170 people on board crashed shortly after takeoff from Imam Khomeini International Airport in Tehran on Wednesday, killing all on board, according to Iranian state-news media. The Boeing 737-800 plane was headed to the Ukrainian capital of Kyiv and crashed two minutes into its flight, according to Flightradar24. Ali Khashani, a senior official at Imam Khomeini International Airport, said the crash was likely the result of technical problems. Boeing said in a statement it was aware of the crash and was "gathering more information." Read More SpaceX launches 60 more Starlink internet satellites amid astronomer concerns SpaceX | Digital Trends SpaceX launched another batch of its Starlink internet satellites on Tuesday evening, marking the beginning of what’s ex...

* Stories are summarized by an A.I. * Companies mentioned: PYPL, UBER, CVX, Sumitomo Corporation, and TM PayPal Completes Purchase of E-Commerce Startup Honey for $4B PYPL (PayPal Holdings Inc.) | Finance Magnates Online-payments giant PayPal Holdings on Monday confirmed the completion of its buyout of deal-finding browser add-on Honey Science Corporation for $4 billion, the biggest acquisition in the company’s two-decade history. PayPal’s presence in the e-commerce spaceThe deal comes at a time when Honey is growing in popularity among online shoppers as it automatically applies coupon codes at checkout. It also makes strategic sense for the company as it helps deepen its footprint and catapult PayPal into the customer’s journey throughout the purchase funnel, from discovery to purchase and payment. PayPal is also competing with its rival Square on more fronts, including digital payments tool into physical retailers. On its part, PayPal pulled out of the coalition of com...

* Stories are summarized by an A.I. * Companies mentioned: BA, GOOG, AMZN, Mitsubishi Motors, and Huawei Boeing has uncovered another potential design flaw with the 737 Max BA (The Boeing Company) | CNN New York (CNN Business) Hundreds of 737 Max jets are sitting, grounded, as Boeing awaits approval from aviation regulators for the troubled plane to return to flight. Boeing BA However, as part of a December audit of the plane's safety ordered by the US Federal Aviation Administration,found "previously unreported concerns" with wiring in the 737 Max, according to a report earlier Sunday from the New York Times . A Boeing spokesperson confirmed the report to CNN Business on Sunday, saying the issue was identified as part of a "rigorous process" to ensure the plane's safety. "Our highest priority is ensuring the 737 Max meets all safety and regulatory requirements before it returns to service," the spokesperson said. "We are working...