Market News
Tesla fast-tracks China launch, starts hiring
A week after CEO Elon Musk reaffirmed that Tesla (TSLA) would turn profitable by the next quarter, the electric car…
Office Depot posts Q2 earnings of 5 cents vs expectation of 3 cents
Office Depot (ODP) Tuesday reported second-quarter results that surpassed analysts’ estimate on both the top and bottom lines. During the…
Peace: Cisco, Arista settle patent infringement lawsuit
The patent infringement dispute between network technology companies Cisco Systems (CSCO) and Arista Networks (ANET) took a turn for the…
All eyes on the next Apple iPhone, but delay on the cards
Apple (AAPL) is widely expected to release three iPhone models this year, including an update to the iPhone X, a…
Earnings Preview: Bausch Health looks for cure in Q3
Valeant Pharmaceutical (VRX) that changed name and ticker in mid-July to Bausch Health Companies (BHC) is expected to report its…
Rite Aid narrows earnings outlooks ahead of Albertsons vote
Shares of the drug retailer Rite Aid Corp (RAD) tanked on Monday after the company narrowed its fiscal 2019 earnings…
First glance at Facebook Dating
Almost three months after Facebook (FB) announced its plans to launch a dating application at the F8 event, the company…
Didi Chuxing pumps in $1 billion into car services unit
The latest move by Chinese ride sharing platform Didi Chuxing indicates that the company has no plans of dumping its…
New Goldman CEO picks Jim Esposito as co-head of equity division
After reporting excellent earnings and revenue numbers for the second quarter, Goldman Sachs (GS) is taking forward the management reshuffle…