Best Buy stock slips following burglary, new deal
Best Buy (BBY) stock closed 0.7% in red on Wednesday after news broke out of the Hollywood-inspired burglary at its…
Q4 Earnings: Gun sales miss the mark, but Smith & Wesson parent jumps 5%
With gun companies reporting sluggish sales and tapering stock prices, American Outdoor Brands (AOBC), the parent company of Smith &…
Micron stock falls despite Q3 earnings beat
Earnings of chipmaker Micron Technology (MU) increased sharply in the third quarter as higher product demand and strong execution pushed up…
Instagram reaches 1 billion users; introduces long-form video
As expected, the photo-sharing app Instagram announced that it had reached 1 billion monthly active users. The Facebook (FB) subsidiary…
Tesla plans to build Gigafactory in Germany
During the recent annual shareholders meeting, Tesla’s chief Elon Musk spoke about the company’s plans to build Gigafactories in other…
Report suggests customers prefer lower airfares over other factors
A low-cost ticket is probably an indication that the flight might come with a few bumps. However a recent report…
Existing home sales drop unexpectedly in May hurt by price rise
Reflecting the continuing short supply in the US housing market and the resultant price rise, existing home sales dropped for…
Back-to-back thefts show digital currency is no longer safe
In the second cryptocurrency theft of the month, Seoul-based exchange Bithumb on Wednesday said about $30 million worth of digital…
Will Apple and Google top Disney’s $71-billion bid for FOX?
While Comcast looked like it was about to spoil the dream of every Marvel fan to see the Avengers teaming…
Ford mulling a partnership with Volkswagen for vehicle development
Auto majors Ford (F) and Volkswagen are exploring ways to work together, which would help both the firms to help…