Market News
A Tesla-Apple merger is not a far-fetched idea
It might seem ludicrous initially, but on a closer look, Apple (AAPL) acquiring Tesla (TSLA) may not really be such…
Fitbit finance chief William Zerella resigns
Fitbit (FIT) finance chief William Zerella is resigning from the company effective June 15 as he is taking up the…
AMD’s launches at Computex 2018 will leave NVIDIA scrambling
For long, Advanced Micro Devices (AMD) has remained an underdog to bigger rivals in the semiconductor space. It had made…
If Buffett has his way, quarterly guidance will soon become history
At one point or another, those who keep track of the financial markets might have doubted the credibility of quarterly…
Thor stock plunges on earnings miss; reports record Q3 sales
The world’s largest recreational vehicle manufacturer Thor Industries (THO) missed on earnings estimates for the third quarter, while revenue surpassed…
Auto sector is gearing up to cruise through multiple roadblocks
When President Trump delivered on one of his key pre-poll promises by slapping tariffs on steel and aluminum imports a…
Five Below stock jumps on upbeat results and rosy outlook
Five Below (FIVE) reported a 160% jump in earnings for the first quarter helped by new stores performance, healthy comparable…
Uber to expand electric-bike sharing service to Europe
In an effort to protect the environment, ride-sharing company Uber is expanding its electric-bike sharing service to Europe. Giving a…
Facebook to broadcast original news shows to tackle fake news crisis
For a long time, Facebook’s (FB) credibility has been marred by allegations that it has become a spawning ground for…
ConocoPhillips in talks to sell stake in Cenovus Energy
US oil producer ConocoPhillips (COP) is working towards dumping the stake it acquired last year in Calgary-based oil company Cenovus…