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U.S. Markets News

Seven retail sales trends from the Black Friday week

Initial reports are out on the sales trends from the Black Friday and the statistics are quite appealing, thanks to…

Recovery hopes brighten as Campbell Soup nears deal with Third Point

The future of Campbell Soup Company (CPB) has been hanging in the balance for several months now amidst pressure from…

Goldman Sachs sees good time for commodities post G20 summit

According to Goldman Sachs, oil, gas and base commodities will position themselves as attractive investments as it forecasted a 17%…

JinkoSolar Q3 2018 earnings fall short of market expectations

Chinese solar giant JinkoSolar (JKS) saw third-quarter revenue grow 4.3% to $974.8 million, pushing net profit to $27.5 million or…

Snap needs to win back users fast for its own sake

Snap Inc. (SNAP) reported its third quarter 2018 results almost a month ago, in which the company managed to narrow…

Companies reporting earnings this week: Nov 26 – 30

A slew of major companies are reporting earnings this week. Cloud computing company Salesforce.com (CRM) will announce third-quarter earnings on…

Mastercard, Visa slip after decision to cut controversial fees in EU

Every year, retail merchants witness a sharp increase in the number of electronic transactions during holiday shopping, a trend that…

Crypto losses hit $700 billion as Bitcoin sees worst week

Bitcoin is slipping and how. On Friday, the cryptocurrency and its peers slid marking a 24% decline since Nov. 16…

Massive recall hits over 62,000 Mazda cars in Russia

Mazda has initiated the recall of 62,357 cars sold between May 2006 and November 2014 due to a possible airbag…

Tencent Music might finally launch its IPO on December 12

Concerns over the trade spat between Washington and Beijing, as well as the recent sell-off in the technology industry, kept…