U.S. Markets News
Google drops Chinese search engine plans for now
Alphabet Inc.’s (GOOGL) subsidiary Google is said to have shut down the development of a censored search engine for China,…
Major infrastructure investments by FAANG members
Three members of the FAANG group – Apple (AAPL), Amazon (AMZN) and Google have announced major investments for new infrastructure.…
A look at sales trends and forecasts in the US automobile industry
A report by the National Automobile Dealers Association (NADA) has forecasted that the sales of new cars and light trucks…
Companies reporting earnings this week: Dec 17 – 21
A slew of major companies are reporting earnings this week. Open-source software company Red Hat (RHT) will announce third-quarter earnings…
Goldman downgrade is a call for Walgreens to revisit biz strategy
Shares of pharmacy store chain Walgreens Boots Alliance Inc. (WBA) dropped sharply Friday after they were downgraded by Goldman Sachs,…
Johnson & Johnson: Key points on the asbestos report and stock slide
Johnson & Johnson’s (JNJ) stock fell over 8% in intraday trade on Friday after Reuters published a report stating that…
Starbucks lays out growth plans for key markets
Starbucks (SBUX) laid out a number of growth strategies for two of its key markets, US and China, at its…
A look at some of SoftBank’s major investments
SoftBank Group Corp. is renowned for its lucrative portfolio of investments. Here are some of the major stakes picked up…
Miami’s iAero Group buys airline charter business Swift Air
iAero Group announced that it would buy the largest, independent airline charter business in the US, Swift Air, for an…
Beating the odds, Tesla is fast gaining traction in EV market
Having proved its critics wrong on multiple occasions, Tesla (TSLA) is probably becoming as enigmatic as its CEO Elon Musk.…