Market News
Tesla dips on cautious stance on Model 3 production
Tesla (TSLA) stock opened its trading in the red zone on Thursday and remained grounded as investors remained cautious about…
Microsoft missive on new Xbox hardware keeps everyone guessing
It’s been a long time since Microsoft (MSFT) provided updates on the Xbox hardware. Already excited over the company’s impressive…
In-line outlook, cloud revenue push IBM shares up after Q2 results
Earnings of technology conglomerate IBM (IBM) rose 3% in the second quarter, as strong cloud revenue lifted the top line.…
Kinder Morgan Q2 profit tops estimates
Kinder Morgan (KMI) reported its second-quarter results after the closing bell. The company’s earnings topped analyst estimates as profits jumped…
Another Chinese e-commerce firm readies for US listing
Alibaba’s (BABA) dominance in the e-commerce space in China has lately been rattled by numerous domestic rivals, primarily Pinduoduo. While…
BJ’s Restaurants stock dines to yearly high ahead of Q2 results
BJ’s Restaurants (BJRI) stock skyrocketed to reach a new 52-week high of $63.70 on Wednesday. Like Darden Restaurants (DRI) reported…
Housing starts hit 9-month low as construction slump deepens
The construction sector, which is currently going through a challenging phase, has been the main drag on the economy since…
Walmart plans launch of video streaming service to compete with Netflix
Walmart Inc. (WMT) is planning to launch its own video streaming service to compete with streaming giant Netflix Inc. (NFLX)…
W.W. Grainger lifts forecast after upbeat Q2 results
W.W. Grainger (GWW) reported a 142% jump in earnings for the second quarter driven by higher sales, strong operating expense…
EU regulators ask Google to pay $5-billion fine for Android abuse
The ongoing crackdown against technology firms by various regulatory agencies, amidst concerns of data security and monopolization, indicates the tech…