Facebook escapes $2 billion penalty for now, slapped smaller fine
The Cambridge Analytica scandal came biting once again as Facebook (FB) was slapped with a fine of £500,000 ($662,900) by...
JPMorgan Q2 Earnings Preview: Banking stocks might see green
JPMorgan Chase & Co (JPM) is expected to post its earnings before the markets open on Friday. This financial mammoth...
VOXX International Q1 loss narrows on lower expenses
Audio equipment maker VOXX International (VOXX) Tuesday said its net loss narrowed slightly in the first quarter, helped mainly by...
With orders pouring in, Boeing flies above Airbus in first half
A spurt in demand for the latest passenger jets helped Boeing (BA) extend the lead over its European rival Airbus...
Simulations Plus revenue jumps 27% for Q3
Drug discovery and development software developer Simulations Plus (SLP) reported upbeat results in its third quarter with revenue climbing 26.7% to...
BMW: High tariffs bring price hike and production shift
As the US and China fire tariff shots at each other, someone or the other keeps getting hit. This time,...
Forget the hype: 6 headwinds to Netflix’s growth that you neglected
Netflix (NFLX) stock has been trading at a yearly high after a June-end report stated that the cable-killer could see...
Uber invests in e-scooter startup Lime
For commuters, electric scooters are emerging as the need of the hour. Increased demand in e-bikes has led to a...
US economic growth to rebound in Q2
Amidst escalating trade tensions between the US and China, economists have expressed optimism over a strong economic rebound the second...
Now, Walmart is set to woo New Yorkers with e-commerce offerings
Walmart’s (WMT) aggressive and rapid adoption of e-commerce over the last decade has been an inspiration for the other American...
Xiaomi makes a stellar rebound after a dud debut
First days can be tough – ask Xiaomi. After a sloppy debut on Monday, the Chinese smartphone maker made a...
JM Smucker sheds baking brands to focus on pet foods, snacking
JM Smucker (SJM), one of the popular food brands in American households, has been busy revamping its brand portfolio for...
Earnings preview: Fuel price worries Delta despite record services
Airline companies are set to report earnings this week, beginning with Delta Air Lines (DAL) on Thursday. The industry, as...
Celgene gets a booster shot from recent positive clinical trial results
Troubled pharma giant Celgene (CELG) has announced 3 positive clinical trial results in the past two weeks. Today, the company...
FTC clears Takeda’s acquisition of Shire
The US Federal Trade Commission (FTC) has given its nod for the proposed $62 billion acquisition of Shire (SHPG) by...
Electronic Arts is a good buy ahead of Battlefield 5 launch
On June 11 at the Electronic Entertainment Expo 2018 held at Los Angeles Convention Center, Electronic Arts (EA) announced that...
PepsiCo’s organic revenue grows 2.6% in Q2, results beat estimates
PepsiCo Inc. (PEP) reported a 2.4% increase in revenue to $16 billion for the second quarter of 2018. Organic revenue...
Trump’s message doesn’t hurt Pfizer and other drugmakers
Right from his campaigning days, President Trump was slamming the US pharma companies for the high drug prices. In his...
Earnings preview: For Fastenal, pros outweigh cons this time
Fastenal (FAST) is one of the few Wall Street companies that consistently managed to stay above its rivals. Catering mainly...
Apple App Store turns 10
Apple’s (AAPL) App Store is turning 10 on July 10. The App Store, which was launched in 2008 with 500...
Tariffs and trade war hurting American farmers
The trade war between the US and China is hurting American farmers, particularly those who cultivate soybeans. Soybeans is the...