X

Market News

Salesforce tops estimates; raises full year revenue guidance

Cloud computing company Salesforce.com (CRM) posted its first quarter fiscal 2019 results after the closing bell today. The company topped…

Reconciliation bids suffer a blow as Trump slaps fresh Tariffs

Within a week after announcing a solution to the trade stalemate with China, the US government Tuesday slapped a 25%…

All three iPhone models coming next year likely to have OLED screens

AlphaStreet had earlier reported that Apple (AAPL) is expected to launch three new iPhone models this year. In the latest…

Alibaba joins Cainiao aboard the ZTO Express to cut off Amazon

Chinese online retailer Alibaba Group Holding Ltd (BABA) along with its logistics partner Cainiao Network is planning to acquire a…

Diesel scandal: first Volkswagen, now Daimler?

After Volkswagen, it is now Daimler that is facing investigations over cheating on diesel emissions. Germany’s Transport Ministry questioned Daimler…

Don’t eat the meat! Hormel recalls food products again

Meat giant Hormel Foods (HRL) is in limelight again. Nearly 230,000 pounds of canned pork and chicken products have been…

KKR acquires BMC Software from investor group for undisclosed amount

Over the last year, the market has witnessed an increasing number of private equity firms investing in the technology sector,…

Pandora quietly launches unlimited family plan

The internet radio services firm Pandora (P) has been around for a long but struggled to survive in an extremely…

Ali Health’s surprise stock recovery raises eyebrows

A week earlier, many analysts were scratching their heads on why a small unit of Alibaba (BABA) became a top…

Tencent, Alibaba among highest valued global brands; Amazon outstrips Microsoft

Chinese firms Tencent and Alibaba (BABA) have secured spots among the top 10 most valuable brands in the world. In…