U.S. Markets News
Major technology firms plan on shifting production from China
Several major technology companies are planning on moving their production out of China due to its ongoing trade war with…
Electric airplanes: The market, the challenges and the key players
A couple of days back, responding to a follower, Tesla (NASDAQ: TSLA) CEO Elon Musk said battery-powered electric airplanes could…
Symantec shares soar on Broadcom acquisition reports
Broadcom Inc. (NASDAQ: AVGO) is looking to acquire cybersecurity company Symantec Corp. (NASDAQ: SYMC), according to a report by Bloomberg.…
It’s Google 1-0 Amazon in the European Smart Home market
Google (NASDAQ: GOOGL) was the leading smart home vendor in Europe in the first quarter of 2019, trumping other leading…
How is Walmart doing in online grocery?
Walmart Inc. (NYSE: WMT) has been investing significantly in its ecommerce business, with particular focus on online grocery, which is…
Applied Materials to take over Kokusai Electric for $2.2 billion
Applied Materials Inc. (NASDAQ: AMAT) announced its decision to acquire Kokusai Electric Corporation from investment firm KKR for $2.2 billion…
Apple plays catch-up in self-drive tech, even as Google makes solid headway
Earlier this week, Apple Inc. (NYSE: AAPL) acquired self-driving shuttle firm Drive.ai. Drive.ai was reportedly planning to lay off 90…
How Amazon’s rivals vie to grab a slice of the Prime Day pie
The extension of Amazon (Nasdaq: AMZN) Prime Day, the one-day discount sale organized for premium customers annually, to 48 hours…
Look out Tesla, BMW unveils electric motorcycle, car concept
BMW Group takes the EV competition seriously as the company unveiled an electric motorcycle concept and its Vision M Next…