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U.S. Markets News

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…

Early data shows the UK spent less on Black Friday

According to Barclaycard — processor of almost half the card transactions in the United Kingdom — the amount spent on…

US asks allies to ditch Huawei over security concerns

The US government is said to have requested lawmakers and telecom companies in allied countries to avoid using equipment from…

Digital currency-friendly bank Silvergate plans to go public

Silvergate Capital Corp., the parent company of San Diego, California-based Silvergate Bank, has filed for an IPO last Friday. Silvergate…

Facebook says UK data was not shared; appeals fine in Cambridge Analytica case

The infamous Cambridge Analytica data-breach case took a new turn this week after Facebook (FB) defended the charges leveled by…