Market News
Xplore Technologies shares jump 44% on merger news, reports wider Q4 loss
Shares of Xplore Technologies (XPLR), maker of rugged tablets, surged 44.42% today during pre-market trading, after the company agreed to…
Baidu brings China to the autonomous vehicles race
While all major automakers in the US have invested in autonomous vehicle technology, with Tesla (TSLA) and Waymo as frontrunners,…
Uber, Grab merger happened without anti-trust approval, faces penalty
Cab-hailing service Uber Technologies and its Singaporean counterpart Grab may face hefty fines or even a breakdown of their merger,…
Auto sector stays resilient in times of tariffs and oil spike
Last month’s positive sales data came as a relief to automakers in the US, amidst apprehensions that the latest import…
Spin-offs could be the key to a rebound for General Electric
Shares of General Electric (GE), which has been down over 50% since last year, rebounded slightly after the company announced…
Electric motorcycles: A ride for Tesla to profitability
Tesla’s (TSLA) chief Elon Musk has surprised us earlier with Model 3 and Semi truck in the auto space, but…
Former Intel executive steps down as Google Cloud COO after 7-month stint
Diane Bryant, a top executive of Alphabet’s (GOOGL) cloud computing division stepped down Tuesday, just seven months after taking up…
Google has a few cards up its sleeve as it plunges into gaming sector
Google (GOOGL) is apparently toying with the idea of making it big in the gaming sector, taking down industry stalwarts…
AT&T-Time Warner merger delivers rude reality check
One of AT&T’s (T) biggest promises during the battle for Time Warner was lower prices that the merger would bring…