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U.S. Markets News

Bill Gates on cryptocurrency, Hyperloop and some more

When the world’s second richest man has something to say, you may want to listen.  Microsoft co-founder Bill Gates shared…

Economic growth slowed quicker than estimated in Q4

Latest data released by the Commerce Department showed that GDP growth decelerated at a slightly higher pace in the fourth…

New Federal Reserve chief bullish on growth

It is typical for financial markets to react when there is a change of guard at the central bank, and…

Macy’s makes a stellar comeback

Department store chain Macy’s has finally woken up from a sales stupor, posting a gain in sales for its fourth…

Market: US futures point to higher open

US futures are pointing to a higher open in the stock market today after ending lower on Tuesday. The Wall…

Square Q4 2017 earnings snapshot

Square's fourth quarter revenues surged 36% to $616 million. GAAP loss remained flat at $0.04 per share vs. prior year…

Martin Shkreli bitten by Karma; Held liable for investor losses

Martin Shkreli’s notorious brilliance in pumping up the price of Daraprim, an antiparasitic drug, by 5,000% had earned him the…

Comcast threatens Fox with a $31-billion offer for Sky

The takeover of European broadcaster Sky has both action and drama that promises to grab the attention of many an…

Market: US stocks to open lower; all eyes on Powell

US futures are pointing to a lower open in the stock market today after ending higher on Monday. Investors are…

General Electric restates earnings for 2016 and 2017

General Electric, the worst performing Dow component last year, just dropped another bombshell indicating that the worst is yet not…

Fitbit steps up to a better position but fails to impress the market

Fitbit, back to grab the wearable crown from the likes of Apple and Samsung, was in very good shape last…

Netflix customers will stay loyal despite price hike, finds survey

Gone are those days when people used to bicker over price hikes of products and services, at pubs or gatherings.…

Retail war turns virtual with simulated merchandise, digital warehouses

Imagine being able to click photos of an Egyptian pyramid moments after picking your new camera from the shelves of…

Market: US stocks set to open higher, all eyes on Fed

US futures are pointing to a higher open in the stock market today after ending higher on Friday. Traders and…

Kylie Jenner erased $1 billion from Snap Inc stock value with one tweet

2018, just like its immediate predecessor, has been at its amusing best when it comes to celebrities. And in the…

Stock market correction hints at the beginning of a high-volatility era

So where is the stock market headed after the unexpected crash earlier this month? While the bourses are back on…

Ford names new North American head after exit of executive; undergoes management shuffle

Ford Motor has appointed Kumar Galhotra as President of the North American operations in place of Raj Nair who is…

Curse of the pigs? Angry Birds maker sees worst selloff since IPO

Rovio Entertainment, the force behind the ever-so-popular Angry Birds game, is however losing its popularity among investors.  This comes after…

Double delight for Hewlett Packard

Back in 2015, when Hewlett Packard Company split into HP Inc. and Hewlett Packard Enterprise, the separate results then painted…

GoPro got famous and went boring

From a humble wrist watch for surfers to the king of action cameras, GoPro has come a long way. However,…

Sinclair to sell stations to win FCC approval for Tribune deal

If there is a book on M&As in the media industry, at least one chapter needs to be allotted to…