Market News
Tesla to cut workforce by 9%; vows to keep Model-3 ramp up intact
Tesla (TSLA) has embarked on a workforce reduction as part of the restructuring program announced by CEO Elon Musk recently…
KeyBanc projects 50% jump in Tesla’s Model 3 deliveries
Tesla seems to be seeing the light at the end of the tunnel if reports are to be believed from…
World Cup 2018: Countries might fight for it, but FIFA will still have the cup
It’s futbol fever time around the world, as 32 top soccer nations gear up for the FIFA World Cup 2018.…
Sage shares skyrocket after FDA allows expediting development of depression drug
Shares of Sage Therapeutics (SAGE) rose nearly 6% before the bell today after the FDA allowed it to accelerate the…
Alzheimer’s patients get a fresh jolt as Lilly ends clinical trial prematurely
Despite the continuing research and clinical studies, Alzheimer’s disease remains a hard nut to crack, but the real challenge facing…
Ford experiments with self-driving delivery vans in Miami
Ford (F) has time and again emphasized that it is determined to launch self-driving cars in 2021 intended for ride-hailing…
Netflix suffers first massive global outage
Binge-watchers were at the receiving end of a cruel joke yesterday as they arrived home after a hectic day’s work…
Will Fitbit make a terrific comeback?
Well, the analysts at Citron Research seem to think so. Fitbit Inc. (FIT) saw a massive surge yesterday after a…
Boston Scientific spikes to new 52-week high on takeover rumors
Today, shares of medical equipment maker Boston Scientific’s (BSX) soared to a new 52-week high ($37.30) on acquisition speculation. Rumor…
Chinese battery-maker Contemporary Amperex Tech soars 44% in trading debut
Contemporary Amperex Technology Co. Ltd (CATL), the largest global producer of electric-vehicle batteries, soared by 44% to reach a valuation…