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...
U.S. Markets News
US stock market overview from AlphaStreet. Get updates on the major US stock exchanges including Dow Jones, NYSE, NASDAQ and S&P.
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....
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...
Verizon’s 10,400 employees leave the company as part of voluntary separation program
Telecom giant Verizon Communications (VZ) announced that about 10,400 employees had accepted to leave the company as part of its voluntary...
Aurora Cannabis eyes 130-mn market through Mexican firm acquisition
Shares of Aurora Cannabis (ACB) jumped 2% on Monday at the Toronto Stock Exchange after the Canadian pot company announced...
Marinus Pharmaceuticals (MRNS) surges on positive data from Ganaxolone trial
Shares of Marinus Pharmaceuticals (MRNS) jumped after the pharma company reported positive data from the Phase 2 ganaxolone clinical trial in...
Companies reporting earnings this week: Dec 10 – 14
A slew of major companies are reporting earnings this week. Specialty apparel retailer Ascena Retail Group (ASNA) will announce its...
Investor caution mounts as crypto market braces for a long lull
After so many ‘up and down’ cycles, cryptocurrencies now follow a clear pattern when they enter the bear market. While...
Fiat comes to Detroit just as GM plans to leave
Fiat Chrysler Automobiles NV (FCAU) is planning to reopen one of its factories in Detroit to build its Jeep Grand...
Lyft files for public listing ahead of Uber, likely to be valued around $30 bn
Ending months of speculations, ride-hailing service Lyft filed for public listing on Thursday. The San Francisco-based company, which competes with...