The market reacted quickly to President Trump’s decision to withdraw the plan to do away with rebates in the government's drug plans.
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US stock market overview from AlphaStreet. Get updates on the major US stock exchanges including Dow Jones, NYSE, NASDAQ and S&P.
Microsoft leads the enterprise SaaS industry, grows quickly
One might think the pace of growth is inversely proportional to the size of the company. Well, in most cases, yes. But
Virgin Galactic vs. Blue Origin: The race to suborbital space tourism
Written by Arjun Vijay On Tuesday, Virgin Galactic announced that it was going public, setting a new milestone for the space tourism
Apple’s stock drops on analyst downgrade and bleak iPhone outlook
Apple Inc.’s (NYSE: AAPL) shares were down by 2.1% in midday trade on Monday after Rosenblatt Securities downgraded the stock from Neutral
Calendar: Earnings of PepsiCo, Levi Strauss, PriceSmart, Delta Air Lines, Infosys on queue
PepsiCo, Levi Strauss, PriceSmart, Delta Air Lines, Infosys, and more earnings are scheduled for the week between July 8 and 12. Check
Fast food stocks: A look at McDonald’s performance
McDonald’s Corporation (NYSE: MCD) is a major player in the fast food industry, with about 38,000 locations in more than 100 countries.
G20 truce does not guarantee long-term growth prospects for chipmakers
Semiconductor stocks had a roll earlier this week after President Donald Trump and Chinese counterpart Xi Jinping managed to come close to
Major technology firms plan on shifting production from China
Several major technology companies are planning on moving their production out of China due to its ongoing trade war with the US.
Electric airplanes: The market, the challenges and the key players
A couple of days back, responding to a follower, Tesla (NASDAQ: TSLA) CEO Elon Musk said battery-powered electric airplanes could become a
Symantec shares soar on Broadcom acquisition reports
Broadcom Inc. (NASDAQ: AVGO) is looking to acquire cybersecurity company Symantec Corp. (NASDAQ: SYMC), according to a report by Bloomberg. The company
It’s Google 1-0 Amazon in the European Smart Home market
Google (NASDAQ: GOOGL) was the leading smart home vendor in Europe in the first quarter of 2019, trumping other leading players such
How is Walmart doing in online grocery?
Walmart Inc. (NYSE: WMT) has been investing significantly in its ecommerce business, with particular focus on online grocery, which is fast gaining
Applied Materials to take over Kokusai Electric for $2.2 billion
Applied Materials Inc. (NASDAQ: AMAT) announced its decision to acquire Kokusai Electric Corporation from investment firm KKR for $2.2 billion in cash.
Chinese stocks trade lower on unfavorable early reports from G20 Summit
With only hours left for the closely watched meeting between US President Donald Trump and Chinese counterpart Xi Jinping in Japan, initial
Apple plays catch-up in self-drive tech, even as Google makes solid headway
Earlier this week, Apple Inc. (NYSE: AAPL) acquired self-driving shuttle firm Drive.ai. Drive.ai was reportedly planning to lay off 90 people and
How Amazon’s rivals vie to grab a slice of the Prime Day pie
The extension of Amazon (Nasdaq: AMZN) Prime Day, the one-day discount sale organized for premium customers annually, to 48 hours this year
Look out Tesla, BMW unveils electric motorcycle, car concept
BMW Group takes the EV competition seriously as the company unveiled an electric motorcycle concept and its Vision M Next electric car
Calendar: Earnings of Rite Aid, Walgreens, Accenture, Nike, Constellation Brands on focus
Rite Aid, Walgreens, Accenture, Nike, Constellation Brands, and more earnings are scheduled for the week between June 24 and 28. Check out
DEEP FOCUS: Everything you need to know about GW Pharmaceuticals
Shares of GW Pharmaceuticals (NASDAQ: GWPH) have gained 72% in the year-to-date period, emerging as a new favorite among pot investors. However,
IPOs in 2019: Where do they stand now?
Slack Technologies Inc. (NYSE: WORK) went public on Thursday at a reference price of $26. The stock opened at $38.50, 48% above
Chevron Phillips Chemical is looking to acquire Nova Chemicals
Chevron Phillips Chemical Company, a joint venture between Chevron Corp. (NYSE: CVX) and Phillips 66 (NYSE: PSX) is reportedly looking to acquire