Dave & Buster’s Q2 results top estimates; stock hits new 52-week high
Dave & Buster’s Entertainment (PLAY) beat market estimates on revenues and profits for the second quarter of 2018, making the...
Volkswagen to kill Beetle next year
The American unit of German carmaker Volkswagen has decided to stop the global production of its iconic Beetle in July...
Adobe Systems stock falls despite upbeat Q3 results
Adobe Systems (ADBE) reported a 59% jump in earnings for the third quarter as the fast-paced subscription growth, specifically Digital...
A bumpy ride for GM as steering malfunction triggers more recalls
General Motors (GM) is probably paying the price for not learning from past mistakes; what else could explain the recurring...
Google pushes Inbox app into the archives
Google (GOOGL) Inbox app is counting its days with the doomsday set for March 31, 2019. The tech giant is...
Facebook: A look at life after the F8 conference
Back in May, Facebook (FB) announced several plans at its F8 Facebook Developers conference. The company said it would bring...
Walmart gives Jet.com a new look to woo the urban youth
When Walmart (WMT) embarked on the transition to a full-fledged e-commerce retailer, apparently in response to the aggressive strategies of...
Fred’s Inc. misses Q2 revenue estimates; delivers net loss
Fred’s Inc. (FRED) missed market expectations on revenues for the second quarter of 2018. Net sales dropped 4.3% to $419.7...
Powered by cloud, Adobe is set for a repeat performance
Adobe Systems (ADBE) has a history of delivering positive earnings surprises, and the recent quarters were no exception. When the...
Experts unhappy over Microsoft’s tactics to gain ‘Edge’ in browser market
Microsoft (MSFT) is now waging an open war against Chrome, Firefox, and Safari by promoting its own Edge browser among...
Kroger stock declines 9% on Q2 revenue miss
The Kroger Co. (KR) topped analysts’ expectations for Q2 earnings but slightly missed the mark on revenues. Identical-store sales, excluding...
Insurance, construction firms to be hit worst by Hurricane Florence
With Hurricane Florence at the doorstep, experts estimate it to incur damages worth $170.2 billion along the East Coast, as...
Facebook will now use artificial intelligence to tackle offensive memes
Facebook (FB) has been investing significantly in artificial intelligence and machine learning capabilities. The company will now use these capabilities...
FDA puts the heat on e-cig makers to curb teen vaping
The e-cigarette market witnessed a phenomenal growth mainly because the concept was popularized in a convincing manner. While many wannabe...
Tesla’s Chinese rival Nio fails to impress with IPO
Chinese carmaker NIO Inc. went public in New York today under the ticker symbol NIO but its IPO failed to...
Micron crumbles on rating downgrade amid looming correction
The softening demand for memory chips has been a cause for concern among semiconductor companies for some time. Adding to...
Amazon Business: Amazon’s magic beanstalk
Amazon.com (AMZN) has a proverbial magic beanstalk in its business-to-business platform Amazon Business, which has reportedly hit over $10 billion...
Remove extremist posts in ‘one hour’ or face fine: Tech majors told
Fresh trouble is brewing for the American tech giants who were chastised recently by European regulators for privacy violations. On...
Historic roundup: How Apple stock behaves after iPhone launch
On this exact day a year ago, the scene was no different. Tech enthusiasts and traders were equally gung-ho over...
Apple Event LIVE: Say hello to iPhone XS, XS Max and the cheaper iPhone XR!
Live updates from the Apple Special ‘Gather Round’ Event on September 12, 2018. Coverage began at 1 PM ET....
Bank of England governor Mark Carney to stay until 2020
After the UK voted to come out of the European Union, the UK government has been keen on keeping the...