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Market News

Antero Resources tweaks 2019 production outlook after oil prices slump

With oil and natural gas prices slumping, Antero Resources Corp (AR) cut its 2019 drilling and completion budget. On a…

Relief for Sears after chairman’s buyout bid gets court nod

The uncertainty over the fate of embattled retailer Sears Holdings (SHLD) eased slightly Tuesday after a bankruptcy judge allowed hedge…

Amazon faces more competition in grocery

Amazon.com Inc. (AMZN) took Microsoft’s (MSFT) place as the most valuable public company in the US on Monday. Amazon, with…

Telecom stocks inch higher after AT&T fake 5G icon

The telecom industry has been experiencing positive momentum in the past week as companies have started advertising 5G networks to…

Tinder users get swiped left as app crashes in the US and UK

Popular dating app Tinder went down on Tuesday in its first major outage. According to data from Down Detector, users…

WeWork: Name change, future plans and SoftBank investment

WeWork is having an eventful week. Its top investor, SoftBank Group Corp., which was planning on investing $16 billion in…

Kenon sells half of its stake in Qoros Automobile Co

Israeli businessman Idan Ofer owned Kenon Holdings (KEN) announced that half of its remaining stake in Qoros Automobile Co for…

From flying taxi to roll-up TV, CES 2019 witnesses many debuts

CES 2019, the iconic electronics exhibition being held in Las Vegas, witnessed some of the leading technology firms unveiling their…

Sony wins 2018 console war with success of Spider-Man and God of War

Sony is back to take home the crown in the console wars as it posted a whopping 5.6 million units…

AZZ Inc. beats estimates on Q3 sales but misses on earnings

AZZ Inc. (AZZ) topped market estimates on revenue for the third quarter of 2019 but missed expectations on earnings. The…