Toby
Tesla shares bleed as Musk abandons plan to take company private
Tesla (TSLA) shares in the Frankfort Stock Exchange saw a 5% dip as trading commenced on Monday following CEO Elon…
Can a trade war wound Alibaba?
As Alibaba Group (BABA) reported earnings on Thursday, it displayed amazing resilience to the ongoing trade war between the US…
Saudi Aramco IPO: Canceled or not?
Ever since the end of last year, reports of Saudi Aramco canceling its decision to float shares have been taking…
Apple might launch 6 watch models next month
Though Apple (AAPL) is highly secretive about its launch line-up, almost every time it fails to plug at least one…
Anti-climax: Tesla rival might bag Saudi investment
Apparently, it’s not just Tesla (TSLA) that Saudi Arabian sovereign wealth fund PIF is in talks with. Citing people familiar…
Schoolboy hacks into Apple’s server, downloads 90GB of data
Searching for the mastermind who had hacked into Apple’s (AAPL) corporate computer network, the Australian Federal Police ended up in…
After Buffett and Dimon, Trump pushes to end quarterly results
Earlier in June, two Wall Street veterans had lambasted the practice of announcing quarterly results, stating it would hinder the…
Musk blames short-sellers for poor health; Board seeking No 2 exec at Tesla: NYT
In an emotional interview with The New York Times, Tesla (TSLA) CEO Elon Musk said his personal life and health…
Boeing’s 737 head announces retirement
The head of Boeing’s (BA) 737 jetliner program, Scott Campbell, has announced his retirement, Bloomberg reported. Campbell, who is also…
Identify theft, crypto fraud: AT&T faces $224 million lawsuit
BitAngels co-founder Michael Terpin has filed a lawsuit against AT&T (T) at Los Angeles District Court, alleging that he was…
From American coffee to Scottish whiskey: Donald Trump’s ultimate boycott list
On Saturday, US President Donald Trump tweeted in support of the boycott of iconic motorcycle manufacturer Harley-Davidson (HOG) following a…
Retail stocks to consider ahead of the earnings assault
After Amazon (AMZN) changed the rules of the market, certain retailers bowed down while others evolved, learning from their mistakes…
As lira hits rock bottom, Turkey looks to boycott US electronics
With the dispute with Washington pushing the Turkish lira to its lowest ever, President Tayyip Erdogan announced that the Middle-Eastern…
Advance Auto Parts Q2 earnings to be boosted by recent initiatives
The aftermarket auto parts supplier Advance Auto Parts (AAP) is scheduled to report its second-quarter 2018 earnings on August 14…
Elliott Management accumulates large stake in Nielsen
Activist hedge fund Elliott Management has accumulated a large ownership stake in the information-measurement giant Nielsen Holdings (NLSN) as it…
Lee, Wrangler brands to be spun off as a public company
As part of its strategy to focus on profitable businesses, VF Corp (VFC) said on Monday that it would spin…
Amazon to open health clinics for Seattle employees
In a move aimed at reducing healthcare costs, Amazon (AMZN) is reportedly preparing to bring in-house employee healthcare service with…
Dropbox tumbles on COO departure news
Investors sent Dropbox (DBX) shares down as much as 10% as it opened trading on Friday, concerned over the departure…
This media stock grew 270% in the past one year!
Electrifying music plays in the background, paving way to a wide-applause. The commentator’s voice rips through the acclamation, “With a…