Market News
Volkswagen plans to spend $50 billion on electric cars
Volkswagen (VOW3) plans to spend around $50 billion for the development of electric cars, autonomous technology and other mobility services…
Former Oracle product chief Thomas Kurian replaces Diane Greene as Google Cloud CEO
Google Cloud’s CEO Diane Greene announced in a blog post that she will be stepping down from her role and…
Elon Musk’s two biggest ambitions at SpaceX
The name SpaceX makes you think big, and that’s no surprise. CEO Elon Musk does have big ambitions for his…
BlackBerry’s cybersecurity push to get a fillip from Cylance buyout
BlackBerry (BB) is currently going through a crucial phase of its transition from a device-maker to a software services provider,…
3 investment ideas going into 2019
2018 has not been a great year for stock investors as the markets mostly remained unsettled by trade war tensions…
Mammoth T-Mobile deal to buy Sprint may close by the first quarter of 2019
The $26-billion deal of T-Mobile US Inc’s (TMUS) majority owner taking over Sprint Corp (S) in a move to unite…
Tesla cuts prices of home solar systems to boost sales
Tesla Inc (TSLA) slashed the prices of its residential solar offerings by about 25% according to an announcement on Thursday…
Sonos stock soars on upbeat Q4 results, guidance
Sonos Inc. (SONO) reported a narrower loss in the fourth quarter helped by the sales of smart speaker Beam and…
Goldman Sachs defends 1MDB fraud charges, passes buck to ‘rogue’ staff
Giving a new twist to the controversy surrounding its involvement in the infamous 1Malaysia Development Berhad scandal, Goldman Sachs (GS)…
A look at Ford versus GM in the world of autonomous vehicles
Autonomous vehicles are the rage and almost all the major car companies are investing in it. This group includes Ford…