Market News
Survival of the fittest: Amazon vs 15 companies
Amazon’s (AMZN) 36-hour Prime Day sales this week has turned the company into a cash cow as the stock is…
Facebook ‘unfriends’ data sharing partner over privacy concerns
The ghost of Cambridge Analytica scandal seems to be still haunting Facebook (FB), which is currently holding an investigation into…
Tesla hides large number of Model 3 cars in a parking lot
Few Tesla (TSLA) lovers have spotted the electric car maker hiding Model 3 cars in an industrial area surrounding parking…
Nike is moving closer to its World Cup goal
Sports apparel makers usually get as busy as the organizers themselves during the FIFA World Cup season, simply because it…
AT&T earnings preview: Will Q2 results exceed expectations?
AT&T (T) is scheduled to announce its June quarter earnings results on July 24 after the market close. Most of…
New round of tariffs could put pressure on Apple Watch and Fitbit
The new set of tariffs proposed on $200 billion of Chinese imports is likely to hit several gadgets such as…
Kansas City Southern Q2 earnings tops estimates
Railroad operator Kansas City Southern (KSU) reported 16% jump in earnings, which topped analysts forecasts, aided by the strong performance…
Merck joins pharma giants in lowering drug prices
The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday…
General Electric posts adjusted EPS of $0.19 for Q2; beats estimates
Industrial conglomerate General Electric (GE) reported its second-quarter earnings before the bell today. The company reported a beat on revenue…
Costco stock flies to yearly high on comps run
The shares of Costco Wholesale (COST) touched a new yearly high of $218.20 on Thursday, with few analysts touting the…