Month: July 2018
Elon Musk needs to invent something to keep his own mouth shut
Elon Musk seems to have a problem with everything. Be it the American media or the Thai rescue mission, the…
Goldman Sachs may name long-term executive David Solomon as CEO
Goldman Sachs Group (GS) has reportedly identified president and chief operating officer David Solomon as successor to Lloyd Blankfein, who…
Netflix stock slides on disappointing subscriber growth in Q2
Shares of Netflix (NFLX) fell sharply on Monday after the streaming giant reported lower than expected subscriber growth for the…
McDonald’s is the latest company to issue recall over CDC’s complaint
The foodborne illness outbreak related to the popular fast-food chain McDonald’s (MCD) has been in news since May. And now…
IBM earnings preview: the Cloud might rain profits
IBM (IBM) is predicted to report its earnings after the market close on Wednesday. Most of the analysts are looking…
Bank stocks JPMorgan and Citi fail to impress on earnings day
JPMorgan Chase & Co (JPM) on Friday posted an upbeat profit on revenue in line with analyst consensus. However, this…
China’s trade surplus with US hits all-time high as tariffs backfire
When the trade standoff between the world’s largest economies intensified in recent weeks, market watchers had cautioned that a further…
Microsoft calls for stricter regulation of face recognition tech
Microsoft (MSFT) has always upheld certain principles while carving a niche for itself in the tech industry, and one of…