A broad sell-off of technology stocks pushed all three major U.S. stock indexes lower, with the Nasdaq Composite set to post its third consecutive loss of more than 1 percent for the first time since August 2015.
Starbucks Corp and e-commerce company Alibaba Group Holding Ltd are set to join forces on coffee delivery, according to media reports, as the coffee retailer seeks to rebound from a sales slump in the once-booming China market.
Caterpillar Inc on Monday gave a promising outlook for the global economy despite ongoing trade tensions and mounting cost concerns, and the heavy equipment maker lifted its full-year earnings forecast after quarterly profits nearly doubled.
The Snapchat parent fell for the second day in a row, on a broader selloff in growth and tech stocks. …read more […]
General Electric Co is looking to sell key parts of its digital business, the Wall Street Journal reported.
The Nasdaq Composite was on track to post its third straight session of more than 1 percent declines for the first time in three years, as disappointing forecasts from technology and internet companies sparked growth worries.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of possible iPhone dummy models leaking. 2018 iPhone: Two dummy models for iPhone devices have shown up in photos, reports AppleInsider. One thing to note about these dummy models is the single camera on the rear of the 6.1-inch device. …read more […]
Ferrari’s new boss Louis Camilleri has big shoes to fill but the tobacco industry veteran may have just what is needed to steer the luxury sportscar maker through its next lap, analysts and industry insiders said.
The Chinese dot-com pioneer trades at its lowest level since the springtime of 2007 after another disappointing financial report. …read more […]
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains breaks down Under Armour’s (UAA) second quarter financial results and dives into the sportswear firm’s future as it spends millions to revamp its business. …read more […]
Shares of Tesla (TSLA) sunk Monday on the back of a UBS analyst note that said the electric car company’s stock price could fall by more than 30% over the next 12 months as it is forced to seek outside funding. …read more […]
The dollar slipped against the euro on Monday ahead of key central bank monetary policy meetings this week and a gauge of global equity markets fell, pulled down by a slide in U.S. technology heavyweights.
The shale giant expects to announce results after markets close on Tuesday. …read more […]
American Express Co raised currency conversion rates for business clients without notifying customers in an attempt to boost revenue and employee commission, the Wall Street Journal reported on Monday, citing people familiar with the matter.
U.S. Secretary of State Mike Pompeo on Monday announced $113 million in new technology, energy and infrastructure initiatives in emerging Asia at a time when China is pouring billions of dollars in investments into the region.
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