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Market News

Rating upgrade sends Roku stock soaring

Shares of TV streaming service Roku (ROKU) on Tuesday notched its biggest intraday gain in recent times after research firm…

Lyft acquires bike-sharing start-up Motivate

Lyft is going toe-to-toe with rival Uber in order to keep up in the ride services market. Its latest move…

Fuel hike forces Delta Airlines to tweak earnings guidance

Hit by an almost 50% hike in fuel prices, Delta Airlines today came out with a public update announcing an…

Google may not be reading your e-mails, but many others are!

The biggest dilemma in my life when a third-party app asks me how I want to use their services –…

Acuity Brands shares jump more than 10% on earnings and revenue beat

Lighting solutions provider Acuity Brands (AYI) reported a profit decline for the third quarter, in line with the sluggish lighting…

Boeing and Embraer move closer to major commercial jet alliance

Aircraft makers Boeing (BA) and Embraer are close to entering into a strategic tie-up, creating synergies that would give them…

US says no to China Mobile

The US government recommended that China Mobile be denied permission to enter the US telecom market due to national security…

Adamis finally snags a marketing partner; All eyes on Mylan’s EpiPen

Shares of Adamis (ADMP) have been punched hard for several months due to the company’s inability to find a partner…

Facebook mulling purchase of British AI firm Bloomsbury

Facebook (FB) is planning to buy British AI start-up Bloomsbury AI in an expected cash-and-stock deal that could be worth…

Nissan cancels sale of battery unit to GSR Capital

Nissan Motor has called off the deal to sell its battery-manufacturing unit, Automotive Energy Supply Corporation, to Chinese firm GSR…