Data alliance of tech giants sets the tone for new cloud culture
It may sound contradicting that enterprises across the world are moving their sensitive business data to cloud, at the same...
Danaos stock dips on weak Q2 results
Danaos Corp. (DAC) reported a 71% dip in earnings for the second quarter due to an increase in refinancing-related professional...
Ascena Q4 results crush street view; stock surges
Benefiting from strong demand growth across the board, especially for the LOFT brand, Ascena Retail (ASNA) turned to profit in...
General Electric loses power to hot 9-year low
General Electric (GE) stock opened lower on Monday and went on to touch a new yearly low of $11.60, which...
Preview: Nike to report first earnings since Kaepernick backlash
Only about a month ago, on Labor Day, Nike (NKE) launched an ad campaign featuring controversial quarterback Colin Kaepernick, as...
Michael Kors to continue shopping spree with Versace, after Jimmy Choo
Luxury handbag retailer Michael Kors (KORS) is reportedly looking to acquire Italian luxury brand Versace for around $2 billion. There...
Amarin shares pump up on positive results from cardiovascular study
Amarin Corporation (AMRN) announced positive results from a clinical study in which Vascepa, an EPA drug, was used to treat...
Comcast gets ready to welcome Sky into the family
Bringing a long-drawn saga almost to an end, Comcast Corp. (CMCSA) outbid 21st Century Fox (FOXA) for the ownership of...
Tech firms are betting big on making homes smarter than people
Gadgets always become more appealing when they function as an extension of the user’s physical faculties. Though the convenience of...
Earnings Preview: Jabil Q4 earnings will not disappoint the market
Jabil Inc. (JBL) is set to report fourth quarter 2018 earnings Tuesday before the bell. The company is projected to...
Pandora to be acquired by SiriusXM to create audio entertainment giant
Satellite radio company Sirius XM Holdings Inc. (SIRI) has agreed to buy music streaming service Pandora Media Inc. (P) for...
Duke Energy operations hit by coal ash on NC river
Operations at Duke Energy (DUK) were hit by Hurricane Florence as well as a dam breach near one of its...
Earnings calendar: Major companies reporting earnings this week
The market has been facing the escalating trade tensions quite often but investors are trying to shrug off these concerns...
Netflix’s road to profitability runs through India. Here’s why.
Guggenheim Securities on Wednesday raised Netflix’s (NFLX) price target from $360 to $420, expressing optimism over the streaming giant’s growth...
Takeover battle for Sky to be resolved at weekend showdown
The long-drawn battle between American media giants Comcast (CMCSA) and 21st Century Fox (FOXA) to acquire British Pay-TV firm Sky...
Two Internets? Former Google chief thinks it’s a possibility
Eric Schmidt, the former CEO of Alphabet’s (GOOGL) subsidiary Google, predicts that the Internet will split into two by 2028...
After the initial cheer, New Age Beverages experience a hangover
New Age Beverages (NBEV) has been in the limelight this week, especially after its shares skyrocketed 79% Thursday with a...
IPO: Farfetch fetches further flair for fantastic finesse
For Farfetch (FTCH), this Friday was a dream debut as the online luxury retailer saw itself valued at a whopping...
Medtronic to acquire Mazor for $1.64 billion
Medtronic plc (MDT) has agreed to buy Mazor Robotics for $1.64 billion. The all-cash deal, which amounts to $29.25 per...
At record highs, S&P 500 and Dow Jones stay insulated from tariff tensions
The US-China trade tension has lingered so long that markets have developed resistance to its potential impact. With every new...
Quick look at Amazon’s Seattle-event launches
Amazon (AMZN) unveiled a set of Alexa-equipped hardware products at an event held on Thursday at its Seattle headquarters. With...