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Market News

Volvo to introduce all-electric trucks in California next year

Swedish autogiant Volvo announced Wednesday that it will introduce all-electric Volvo VNR regional-haul trucks in California next year, operating in…

Beating the odds, Tesla is fast gaining traction in EV market

Having proved its critics wrong on multiple occasions, Tesla (TSLA) is probably becoming as enigmatic as its CEO Elon Musk.…

2019 will see the marriage of cloud computing and AI

Artificial intelligence and cloud computing will go hand in hand by next year, according to a recent report. As per…

Dollar rallies for third day on impending Fed rate hike

Dollar rallied for the third day, especially after indications of a possible US interest rate hike the coming week. However,…

Market: US futures point to higher open on trade-talk optimism

US futures are pointing to a higher open in the stock market today after ending flat on Tuesday. Wall Street…

Tencent Music starts trading today, raises about $1.1 bn in IPO

Following months of uncertainties, Tencent Music Entertainment will finally debut on the New York Stock Exchange today under the symbol…

Photronics’ Q4 results beat estimates

Photronics Inc. (PLAB) beat analysts’ expectations on both revenue and earnings for the fourth quarter of 2018. Despite the beat,…

Arrowhead Pharmaceuticals reports a loss of 12 cents per share in Q4

Arrowhead Pharmaceuticals (ARWR) reported Q4 and fiscal 2018 earnings results after the bell today. For the fourth quarter ended September 30,…

American Eagle Q3 earnings rise; stock falls on revenue miss, guidance

Specialty apparel retailer American Eagle Outfitters (AEO) reported higher revenues and earnings for the third quarter. However, the top-line and…

Google CEO Sundar Pichai tells Congress his side of the story

After Facebook (FB), it was pal Google’s turn to face Congress. The Alphabet (GOOGL) subsidiary’s CEO, Sundar Pichai, testified before…