Market News
Search firm Elastic joins IPO spree; stock doubles on debut day
Open source search engine Elastic is the latest to debut in the American stock markets, joining the many tech firms…
This time, Toyota to recall over 2 million vehicles
Toyota announced Friday that it is recalling about 2.43 million vehicles globally due to a software glitch, which could result…
America’s largest mattress company files for bankruptcy protection
Mattress Firm, the biggest retailer of beds in the US, on Friday filed for Chapter 11 bankruptcy protection in a…
Himax stock surges in pre-market after Q3 prelim results beat outlook
Himax Technologies (HIMX) reported preliminary results for the third quarter ended September 30, 2018. Revenue, earnings, and gross margin numbers exceeded…
Smart Global Holdings gains on upbeat Q4 results
Smart Global Holdings (SGH) swung to a profit in the fourth quarter from a loss last year, helped by the…
Uber launches bike-sharing programs
After a disastrous attempt with autonomous driving technology, Uber Technologies launched electric scooter sharing with the recent purchase of Jump.…
Promising diabetes drug gives Eli Lilly a shot in the arm
Pharma giant Eli Lilly & Co. (LLY) has reported positive results from the mid-stage clinical trial of its new diabetes…
Toyota and SoftBank – one more partnership in the self-driving vehicle space
Japan’s two top companies SoftBank and Toyota are planning to form an alliance named Monet which stands for mobility network.…
Walmart recalls camp axes due to injury hazard
The US Consumer Product Safety Commission (CPSC) announced Wednesday in a recall notice that Walmart (WMT) is taking back 246,000…
The world’s first production flying car will go on sale soon
Flying cars will soon be a reality as Terrafugia Transition inched closer to its debut. The automaker has started taking…