Toby
S&P 500 falls for the fifth day in a row as Apple, tech stocks tumble
The S&P 500 Index fell on Wednesday with Apple (AAPL) continuing its slip sliding 2.7%, pushing tech stocks further down…
Earnings preview: MI-Fallout to boost Viacom results in Q4
Two blockbusters – A Quiet Place and Book Club – had provided a significant boost to Viacom (VIAB) earnings during…
User claims iPhone X exploded during iOS update; Apple to probe the incident
An iPhone X user from Federal Way, Washington, on Wednesday, tweeted that his device emitted smoke and exploded after it…
Allergan, Mylan and other generics beam as Pfizer loses patent war in the UK
It was good news for generic drug firms such as Allergan (AGN) and Mylan (MYL), as pharma giant Pfizer (PFE)…
A decade since Lehman collapse, tracking the key executives
It’s been 10 years since the largest bankruptcy filing was made in the history of the country, by Lehman Brothers.…
You’ll soon get Walmart groceries delivered in self-driving Ford cars
Delivery service Postmates Inc will join Ford Motor Co (F) to collaborate and design a service to deliver groceries and…
Johnson Controls stock jumps on $13.2-billion divestment
Johnson Controls International Plc (JCI) saw its stock jump on Nov 14 after it announced it would sell its car…
Boeing delivers more aircraft in October, but stock slips
Boeing Co (BA) announced that in October, the aircraft maker delivered 43 737 single-aisle aircraft. The growing jet market fueled…
Softbank pours another $3 billion into WeWork
New York-based WeWork said it will receive $3 billion in funding, in yet another investment from its already biggest financier…
Setback for Walmart as CEO of Flipkart quits over “personal misconduct”
In a major setback to Walmart’s (WMT) Indian operations, the CEO of its recently purchased unit Flipkart has stepped down…
Earnings preview: Q3 marks a key point in the Nordstrom revival saga
Come retail earnings season and investors are all ears for Nordstrom’s third-quarter results. And why not. Nordstrom is an inspiring…
Earnings: Advance Auto Parts Q3 profit soars on comp sales growth
Automotive aftermarket parts maker Advance Auto Parts (AAP) posted results before the market opened on Tuesday, Nov. 13. Net sales…
Earnings Preview: Canopy Growth is where the money is
What a year it has been for the cannabis industry in America! Including the midterm events that lead to Utah…
Earnings preview: Tilray stock might see big fluctuations post Q3 results
It can be safely said that cannabis is this year’s bitcoin – be it the debates surrounding its regulation or…
Tech sector: FAANG stocks might take more time to recover
FAANG stocks (Facebook, Apple, Amazon, Netflix, and Google) have always gotten more attention than they deserve. Investors have continuously raised…
Airline stocks set to soar into 2019
Airline stocks have remained mostly grounded this year, with the exception of United Airlines (UAL), which grew 46% year-to-date, defying…
Volkswagen looks to produce 50 million electric vehicles
Volkswagen has been at the center of controversy in the recent years, especially since the emissions scandal broke. But now,…
Earnings Preview: Macy’s profit might take a hit in Q3
Department store giant Macy's Inc (M) might post a slip in earnings for the third quarter as it posts earnings…
Microsoft pays $1.3 billion in cash in connection to GitHub deal
Tech giant Microsoft Corp (MSFT) in a Thursday filing said that it paid $1.3 billion in cash in connection to…
General Electric is literally going down the drain, sinks up to 10% today
General Electric (GE), the 125-year-old manufacturing veteran, lost as much as $6 billion in market valuation on Friday during intra-day…
Earnings Preview: Can Advance Auto Parts surprise in Q3 as well?
Auto accessories retail giant Advance Auto Parts, Inc. (AAP) is set to report third-quarter 2018 results before the opening bell…