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U.S. Markets News

Apple’s stock drops on analyst downgrade and bleak iPhone outlook

Apple Inc.’s (NYSE: AAPL) shares were down by 2.1% in midday trade on Monday after Rosenblatt Securities downgraded the stock…

Calendar: Earnings of PepsiCo, Levi Strauss, PriceSmart, Delta Air Lines, Infosys on queue

PepsiCo, Levi Strauss, PriceSmart, Delta Air Lines, Infosys, and more earnings are scheduled for the week between July 8 and…

Fast food stocks: A look at McDonald’s performance

McDonald’s Corporation (NYSE: MCD) is a major player in the fast food industry, with about 38,000 locations in more than…

G20 truce does not guarantee long-term growth prospects for chipmakers

Semiconductor stocks had a roll earlier this week after President Donald Trump and Chinese counterpart Xi Jinping managed to come…

Major technology firms plan on shifting production from China

Several major technology companies are planning on moving their production out of China due to its ongoing trade war with…

Electric airplanes: The market, the challenges and the key players

A couple of days back, responding to a follower, Tesla (NASDAQ: TSLA) CEO Elon Musk said battery-powered electric airplanes could…

Symantec shares soar on Broadcom acquisition reports

Broadcom Inc. (NASDAQ: AVGO) is looking to acquire cybersecurity company Symantec Corp. (NASDAQ: SYMC), according to a report by Bloomberg.…

It’s Google 1-0 Amazon in the European Smart Home market

Google (NASDAQ: GOOGL) was the leading smart home vendor in Europe in the first quarter of 2019, trumping other leading…

How is Walmart doing in online grocery?

Walmart Inc. (NYSE: WMT) has been investing significantly in its ecommerce business, with particular focus on online grocery, which is…

Applied Materials to take over Kokusai Electric for $2.2 billion

Applied Materials Inc. (NASDAQ: AMAT) announced its decision to acquire Kokusai Electric Corporation from investment firm KKR for $2.2 billion…