Market News
Wells Fargo slides after missing Q2 earnings
Banking giant Wells Fargo (WFC) reported downbeat results both on earnings and revenue front amid the pressure from the federal…
It’s a whopping $4.7 billion penalty for Johnson & Johnson in talcum powder case!
Johnson & Johnson (JNJ) has been asked to pay a fine of close to $4.7 billion in a lawsuit filed…
PNC tops Q2 earnings estimate on higher NII
PNC Financial Services (PNC) reported strong Q2 2018 results. The company smashed past consensus estimates on both the top and…
MacBook gets a surprise makeover, with extra speed and power
The credit for Apple’s (AAPL) improved position in the global PC market this year mainly goes to MacBook, its flagship…
Tesla’s ambitious plans for Model 3 and Gigafactory 3
Tesla (TSLA) achieved its production goal of 5,000 units a week for its Model 3 cars by the end of…
Uber axes self-driving vehicle operators in Pittsburgh and SF
Three months after a self-driving Uber car killed a 49-year-old woman during its testing operations in Arizona, the ride-hailing company…
For you, a thousand times over, Comcast tells Sky with a higher bid
Comcast Corporation (CMCSA) raised its offer for Sky plc (SKY) to $34 billion, beating 21st Century Fox’s (FOX) $32.5 billion-bid.…
Snowflake-Microsoft deal shows retailers prefer Azure over Amazon Web Services
With the reach of cloud services expanding to new markets rapidly, corporate computing is undergoing a revolution. The mass migration…
Alphabet’s Verily teams up with ResMed to tackle sleep apnea
The healthcare-based subsidiary of Alphabet (GOOGL), Verily, and medical equipment company ResMed (RMD) will join forces to form a JV…