U.S. Markets News
Red Hat shareholders give green signal for acquisition by IBM
The closely-followed acquisition of software company Red Hat (RHT) by tech giant IBM (IBM) moved closer to completion after the…
Netflix’s price hikes might be a good thing
Netflix Inc. (NFLX) is raising its monthly subscription prices in the US. The lowest plan rate will go from $8…
Snap’s stock plunges 11% after news of CFO’s exit
Snap Inc. (SNAP) saw its shares topple 11.7% in morning trade on Wednesday after the company disclosed that its CFO…
Goldman Sachs jump 3% after beating street projections in Q4
Banking giant Goldman Sachs (GS) on Wednesday smashed past analysts’ estimates for the fourth quarter. The company reported quarterly earnings…
Microsoft-Walgreens deal highlights an emerging trend in healthcare sector
While the healthcare sector is witnessing a dramatic change in the way companies operate, marked by high-profile partnerships, the tech…
Pacific Gas and Electric stock plunges to all-time low
Pacific Gas and Electric Corporation (PCG) stock plunged to an all-time low of $5.07 on Tuesday as the company would…
Ford and Volkswagen announce partnership to deal with changes in auto industry
Ford Motor Company (F) and Volkswagen AG are teaming up to tackle costs and deal with shifts in the automobile…
Netflix Q4 earnings preview: A clash of content and cash
Following a highly volatile year when the market cap see-sawed between $90 billion and $180 billion, Netflix (NFLX) is reporting…
Tilray inks third deal in less than a month, this time with Authentic Brands Group
In its third deal in less than 30 days, Canadian licensed producer Tilray (TLRY) on Tuesday announced a partnership with…