Market News
Starbucks is hoping to mollify investors with summer-special beverages
Things have not been going so great with Starbucks (SBUX) lately. Its shares are currently trading at a yearly low…
Microsoft ups the ante on AI with Bonsai deal
Microsoft seems to be on a buying spree. Within 2 weeks after gobbling up code hosting platform GitHub for $7.5…
A smart revolution is sweeping the home assistant market
The perennial battle between Alphabet’s Google (GOOG, GOOGL) and Amazon (AMZN) to outsmart each other in the lucrative home device…
Ford tops US carmakers in auto quality ranking; Korean companies shine
Amid tough times that involve emission scandals and autonomous vehicle mishaps, the automotive industry appears to be doing well. A…
Chipmaker giant Intel’s CEO Brian Krzanich resigns
Brian Krzanich, who has been the CEO of the technology giant Intel (INTC) since 2003, has announced his resignation today from…
Tesla owners can now remotely limit speed of the car
At some point we all need to let other people drive our vehicle – probably at a restaurant with valet…
Best Buy stock slips following burglary, new deal
Best Buy (BBY) stock closed 0.7% in red on Wednesday after news broke out of the Hollywood-inspired burglary at its…
Instagram reaches 1 billion users; introduces long-form video
As expected, the photo-sharing app Instagram announced that it had reached 1 billion monthly active users. The Facebook (FB) subsidiary…
Tesla plans to build Gigafactory in Germany
During the recent annual shareholders meeting, Tesla’s chief Elon Musk spoke about the company’s plans to build Gigafactories in other…
Existing home sales drop unexpectedly in May hurt by price rise
Reflecting the continuing short supply in the US housing market and the resultant price rise, existing home sales dropped for…