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U.S. Markets News

Apple stock selloff after production cut shows iPhone buzz is fading

The Apple (AAPL) management has probably got carried away by the success of iPhone, and nowadays the launch events are coming…

Facebook’s crisis continues to hurt its stock

Facebook Inc. (FB) seems to be facing another round of trouble. According to a report by The Wall Street Journal,…

Do markets open on Thanksgiving Day or Black Friday? All you need to know this week

The holiday season is almost here, with two much-awaited days – Thanksgiving and Black Friday – almost at the doorstep.…

GE takes ‘power’ rejig to next level with new leadership team

General Electric (GE), the troubled industrial giant that has long been on a restructuring spree, seems to be trying new…

Renault-Nissan-Mitsubishi chief Carlos Ghosn to face the axe over misconduct

According to the Japanese carmaker Nissan, Chairman and CEO of the Renault-Nissan-Mitsubishi Alliance Carlos Ghosn will soon lose his post…

Push to cut supply ramps up oil prices for the fourth day

On Monday, oil prices increased for the fourth session in a row as reports of Saudi Arabia prospectively pushing Russia…

Companies reporting earnings this week: Nov 19 – 23

A slew of major companies are reporting earnings this week. Scientific instrument maker Agilent Technologies (A) will announce fourth-quarter earnings…

Dealing with semiconductor stocks in times of slowdown

With the semiconductor industry showing signs of cooling off - thanks to the demand crunch and tariff crisis - the…

Volkswagen plans to spend $50 billion on electric cars

Volkswagen (VOW3) plans to spend around $50 billion for the development of electric cars, autonomous technology and other mobility services…

Former Oracle product chief Thomas Kurian replaces Diane Greene as Google Cloud CEO

Google Cloud's CEO Diane Greene announced in a blog post that she will be stepping down from her role and…