U.S. Markets News
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…