Month: September 2018
Snap shares drop after strategy chief decides to step down
Snap (SNAP) shares fell as much as 1.8% during pre-market trading after an SEC document revealed that its chief strategy…
Trillion-dollar club: After Apple and Amazon, will there be a third?
Wall Street’s favorite topic of discussion died down on August 2, when a few minutes ahead of noon, Apple (AAPL)…
Alibaba gets a new no-nonsense chief as Jack Ma looks to retire
Much a mystery to many, CEO Daniel Zhang will soon take the reins over from Alibaba founder Jack Ma. Christened…
Social media: User growth, ad revenue trends change the way we approach stocks
User metrics are said to be the lifeline of social media companies and tend to point out the company’s future…
Fresh trouble brews as Campbell Soup investors seek to change board
The simmering discontent among Campbell Soup’s (CPB) shareholders, over weakening profitability and mounting costs, aggravated after the company came up…
Trade war could move from Beijing to Tokyo
The Trump administration is set to impose tariffs on $200 billion of Chinese imports although it is not yet clear…
Top stocks to exploit rising adoption of blockchain technology
Testifying before a Congressional panel this week, Twitter (TWTR) CEO Jack Dorsey stated that the social media giant was exploring…
Musk has ‘high’ expectations of ‘weeding’ out critics
Certain companies thrive when charismatic leaders take charge. Take for example, Elon Musk. With his tweets in the limelight, it…
Yamaha pedals into the electric bicycle market
Yamaha Motor Co has been struggling in the conversion of the sales into profit as the Japanese motorcycle manufacturer has…
Verizon’s media arm suffers a fresh blow from CEO Armstrong’s exit
When Verizon (VZ) chose to christen its media and advertising arm as Oath – which houses struggling tech brands AOL…