October 16, 2018 7:13 am
According to a report by Axios over the weekend, citing sources with knowledge of the matter, Apple Inc (AAPL) has bought Asaii, a music analytics start-up firm, in a deal worth less than $100 million, as the tech giant seeks to enhance content recommendations to its music users. Apple shares closed lower for the sixth […]
Read moreOctober 15, 2018 9:05 am
Citigroup Incs (C) quarterly earnings, reported on Friday, outstripped Wall Street estimates, as the banks operating expenses dropped, while bond trading revenue and global consumer banking revenue rose. Citigroup shares closed higher for the sixth time in the past sixteen trading sessions in New York on Friday. It has also been the sharpest daily surge […]
Read moreOctober 15, 2018 6:45 am
J.P. Morgan Chase & Cos quarterly earnings, reported on Friday, topped Wall Street estimates, supported by higher net interest income and strong loan growth. However, J.P. Morgans quarterly trading revenue decreased. The Wall Street bank has benefited from the US tax code reform and a sound macroeconomic environment. J.P. Morgan Chase shares closed lower for […]
Read moreOctober 12, 2018 10:00 am
According to a report by Reuters, citing a person familiar with the matter, Walmart Inc (WMT) intends to invest as much as $250 million in a joint venture with interactive video content developer Eko, as the retailer seeks to lure shoppers and improve customer engagement. Walmart shares closed lower for a second consecutive trading session […]
Read moreOctober 12, 2018 7:40 am
According to a report by CNBC earlier this week, citing sources with knowledge of the matter, Apple Inc (AAPL) intends to launch a new digital video service, which will provide original content free of charge to owners of Apple devices such as iPhone, iPad and Apple TV. Apple shares closed lower for a second consecutive […]
Read moreOctober 11, 2018 8:15 am
According to a report by tech website ZDnet on Wednesday, a vulnerability in Facebook’s WhatsApp service enabled hackers to take over applications from users once the latter responded to an incoming video call on their Apple and Android smart phones. Facebook shares closed lower for the seventh time in the past nine trading sessions on […]
Read moreOctober 10, 2018 9:46 am
According to a statement by Irelands Data Protection Commission on Tuesday, it will demand that Alphabet’s Google should provide more information about a security issue, as a result of which the data of at least 500 000 users may have been exposed to hundreds of external developers. Alphabet shares closed lower for a fourth consecutive […]
Read moreOctober 10, 2018 7:39 am
Qualcomm Incorporated (QCOM) announced on Tuesday that it had appointed Martin Anstice and Irene Rosenfeld to its board of directors. Anstice is the Chief Executive Officer of chip gear manufacturer Lam Research Corp, while Rosenfeld is the former Chief Executive and chairman of snack foods company Mondelez International Inc. The shares of Qualcomm Incorporated closed […]
Read moreOctober 9, 2018 10:20 am
Starbucks Corporation (SBUX) announced on Monday that it had appointed Patrick Grismer as its new Executive Vice President and Chief Financial Officer. The appointment comes at a time when the company faces fierce competition in a cooling coffee market in the United States. Starbucks shares closed higher for the sixth time in the past ten […]
Read moreOctober 9, 2018 7:54 am
According to a report by Reuters on Monday, citing sources with knowledge of the matter, Microsoft Corporation (MSFT) is poised to obtain unconditional approval from EU antitrust regulators for its $7.5-billion acquisition of coding website GitHub. Microsoft shares closed lower for a third consecutive trading session on NASDAQ on Monday. The stock went down 1.14% […]
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