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Market News

Wynn Resorts stock dips on Macau slowdown concerns

Wynn Resorts (WYNN) stock plunged over 12% on Thursday as a slowdown at its Macau location is on cards. Executive…

Cloud hosting made hassle-free, thanks to Cisco’s hybrid solution for AWS

Cisco (CSCO) is developing an innovative solution in association with Amazon Web Services (AWS) to simplify the process of deploying…

AstraZeneca Q3 profit dips 37% but beats estimates

AstraZeneca Plc (AZN) reported a 37% dip in earnings for the third quarter due to lower revenue, a decline in…

Tesla names new board chair replacing Elon Musk

Tesla (TSLA) board on Wednesday announced the appointment of its new Chair, replacing Elon Musk who was asked to step…

Lenovo benefits from premium laptops as quarterly profit soars

Hong-Kong listed Chinese laptop maker Lenovo (HK:0992) saw second-quarter profit jump 21% to $168 million as premium PC sales lifted…

Coty shares tumble 24% on supply chain woes

Multinational beauty company Coty Inc (COTY) reported a bigger-than-expected decline in first-quarter sales, hurt by supply chain disruptions in Europe…

Mark Zuckerberg is busy tackling Russian hackers; declines to meet UK lawmakers

While Facebook (FB) chief Mark Zuckerberg has every right to think he has done his bit by plugging the social…

Dean Foods stock dips on weak Q3 earnings, guidance cut

Dean Foods (DF) reported a wider loss from continuing operations for the third quarter as the dairy, food and beverages…

Pelosi in the lead for Speaker job as tech, healthcare stocks jump on midterm results

It was a bull run in the US market on Wednesday with the results of US midterm elections meeting expectations.…

Sempra Energy’s stock gains after Q3 results beat expectations

Sempra Energy (SRE) topped market expectations on revenues and earnings for the third quarter of 2018. Shares gained 2.4% in…