U.S. Markets News
2019 will see the marriage of cloud computing and AI
Artificial intelligence and cloud computing will go hand in hand by next year, according to a recent report. As per…
Dollar rallies for third day on impending Fed rate hike
Dollar rallied for the third day, especially after indications of a possible US interest rate hike the coming week. However,…
Market: US futures point to higher open on trade-talk optimism
US futures are pointing to a higher open in the stock market today after ending flat on Tuesday. Wall Street…
Countries that have banned Huawei from their 5G plans
2018 has not been the best year for Huawei Technologies. The company was banned by several countries from their 5G…
Smart speaker industry will grow 63% in 2019, Deloitte predicts
Good news for tech giants; smart speakers are all set to take over the world. According to Deloitte’s Technology, Media…
GoPro to move camera production out of China due to tariffs
GoPro Inc. (GPRO) is planning to move some of its camera production out of China to avoid new tariffs. Although…
These 2 tech startups may follow Spotify’s method of direct listing over IPO in 2019
When Spotify (SPOT) opted for an untraditional method of direct listing in April, it raised quite a few eyebrows. Shareholders…
Roadblock ahead as automakers bank on SUV boom to stay afloat
Sales of passenger cars dropped sharply in the US market last month, while shipments of SUVs and pickup trucks increased.…
US weapon makers top in the world; Defense stocks jump
Weapon sales at the top 100 arms producers in the world rose 2.5% in 2017 to $398.2 billion, according to…
SoftBank raises $23.5 billion in record IPO
SoftBank Group Corp. is looking to raise $23.5 billion from the initial public offering of its Japanese mobile unit, marking…