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Toby

Rite Aid to report Q3 earnings as shares linger around record lows

There can never be a worse time to report quarterly results. Rite Aid (RAD) shares last week fell below $1,…

General Mills Q2 2019 earnings preview: profit touted to slide

Cheerios-maker General Mills (GIS) is expected to post its second-quarter earnings on Wednesday, Dec. 19 before the opening bell. The…

Earnings preview: Jabil needs to undo the declines

Electronics manufacturing company Jabil Inc (JBL) is scheduled to report first-quarter earnings on Tuesday, December 18, after the closing bell.…

JinkoSolar supplies solar modules to 1500V Greek power project

Greek renewable energy provider juwi Hellas SA got a huge lift today as Chinese solar giant JinkoSolar (JKS) announced the…

China’s Qudian announces 2019 outlook and new share repurchase program

Online platform for small consumer credit products in China, Qudian Inc. (QD), today posted its current operational outlook, especially in…

Farfetch (NYSE: FTCH) buys sneaker marketplace Stadium Goods

Online luxury fashion platform Farfetch Limited (FTCH) announced that it acquired sneaker marketplace Stadium Goods for a deal valued at…

KT Corp launches 5G service in South Korea with an AI robot!

With 5G commercial network expected to churn 1.5% of South Korea's GDP by 2025, various carriers in the Eastern country…

What to expect from General Electric going into 2019

Things have been going from bad to worse for General Electric (GE) in the past few years and this year…

Miami’s iAero Group buys airline charter business Swift Air

iAero Group announced that it would buy the largest, independent airline charter business in the US, Swift Air, for an…

Volvo to introduce all-electric trucks in California next year

Swedish autogiant Volvo announced Wednesday that it will introduce all-electric Volvo VNR regional-haul trucks in California next year, operating in…

2019 will see the marriage of cloud computing and AI

Artificial intelligence and cloud computing will go hand in hand by next year, according to a recent report. As per…

Dollar rallies for third day on impending Fed rate hike

Dollar rallied for the third day, especially after indications of a possible US interest rate hike the coming week. However,…

Tencent Music starts trading today, raises about $1.1 bn in IPO

Following months of uncertainties, Tencent Music Entertainment will finally debut on the New York Stock Exchange today under the symbol…

We might soon get self-navigating ships, thanks to this AI startup

Three friends — Ugo Vollmer, Clement Renault and Antoine de Maleprade — who once used their skills to hack radio-controlled…

25 operators will roll out 5G in 2019: Report

Though network operators are yet to roll out 5G services at even one location and device makers are yet to…

Rumors of Amazon takeover sends Morrisons stock on bull run

Rumors of US e-commerce giant Amazon (AMZN) possibly floating a takeover bid for UK's fourth largest supermarket chain WM Morrisons…

Smart speaker industry will grow 63% in 2019, Deloitte predicts

Good news for tech giants; smart speakers are all set to take over the world. According to Deloitte’s Technology, Media…

These 2 tech startups may follow Spotify’s method of direct listing over IPO in 2019

When Spotify (SPOT) opted for an untraditional method of direct listing in April, it raised quite a few eyebrows. Shareholders…

DSW Inc Q3 2018 results: Earnings jump on robust comp sales, but misses estimates

DSW Inc. (DSW) is posted upbeat third-quarter sales before the market opened on Tuesday, Dec. 11. Earnings grew ten-fold to…

US weapon makers top in the world; Defense stocks jump

Weapon sales at the top 100 arms producers in the world rose 2.5% in 2017 to $398.2 billion, according to…

Aurora Cannabis eyes 130-mn market through Mexican firm acquisition

Shares of Aurora Cannabis (ACB) jumped 2% on Monday at the Toronto Stock Exchange after the Canadian pot company announced…