Market News
Streaming partnership with MGM kicks off a new era for Walmart
Walmart (WMT) might not have ever considered diversifying its business to video-on-demand service unless arch-rival Amazon (AMZN) had successfully proved…
A recap of major earnings reports for the week ended Oct 5
During the first week of October, a few important companies have reported their earnings. Be it Pepsico (PEP) or Costco…
Bird unveils custom new e-scooter with all day rentals
Just days after Uber Technologies’ venture into the Jump electric scooter sharing program, Bird unveiled its new custom designed Bird…
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…