November 29, 2018 7:13 am
According to data by Chinese Passenger Car Association, Tesla Inc’s vehicle sales in the Asian country registered a 70% annual drop in October. A representative from the industry body said for Reuters that the electric car maker had sold merely 211 vehicles in China last month. Tesla shares closed higher for the sixth time in […]
Read moreNovember 28, 2018 7:36 am
Amazon.com Inc said on Tuesday that Cyber Monday once again proved to be the single busiest shopping day in the company’s history, as customers globally ordered more items than any other day. The five renowned shopping days that begin with Thanksgiving and continue through Cyber Monday, also known as the Turkey 5, brought new records, […]
Read moreNovember 27, 2018 10:13 am
According to a report by TV channel CTV News over the weekend, citing sources with knowledge of the matter, General Motors Company (GM) intends to discontinue all operations at a facility near Toronto, Canada. The factory shutdown is part of a planned international restructuring, the same media said. General Motors shares closed higher for a […]
Read moreNovember 27, 2018 8:17 am
Credit Suisse initiated coverage on NVIDIA Corporation (NVDA) with an “Outperform” rating and also assigned a price target of $225 on the stock. NVIDIA shares closed higher for a second consecutive trading session on NASDAQ on Monday. It has also been the sharpest daily surge since October 30th. The stock went up 5.55% ($8.05) to […]
Read moreNovember 26, 2018 10:32 am
Employees at Amazons logistic centers in Germany and Spain reportedly went out on strike on Black Friday, the discount spending spree that marks the beginning of the holiday shopping season. Amazon shares closed lower for the ninth time in the past eleven trading sessions on NASDAQ on Friday. The stock went down 0.97% ($14.67) to […]
Read moreNovember 26, 2018 7:34 am
IBM projects that US retail industry may register a 4.83% growth during this years holiday shopping season. That compares with a 4.2% holiday sales growth in 2017. IBM shares closed lower for the sixth time in the past ten trading sessions in New York on Friday. The stock went down 1.16% ($1.38) to $117.19, after […]
Read moreNovember 23, 2018 9:08 am
According to a report by Bloomberg earlier this week, citing an internal memo, Apples largest iPhone assembler, Foxconn, intends to reduce its 2019 expenditures by CNY 20 billion (or $2.885 billion), since it faces “a very difficult and competitive year”. Apple shares closed lower for a third consecutive trading session on NASDAQ on Wednesday. The […]
Read moreNovember 22, 2018 11:18 am
According to an announcement by the National Aeronautics and Space Administration (NASA) on Tuesday, workplace safety culture at Boeing Co (BA) and SpaceX will be inspected, since the two companies prepare to transport astronauts to the International Space Station (ISS). Boeing shares closed lower for a tenth consecutive trading session in New York on Wednesday. […]
Read moreNovember 22, 2018 8:16 am
Amazon.com Inc (AMZN) said on Wednesday that it had opened its first Spanish pop-up store in an old building located in one of Madrid’s busiest shopping districts, Calle Princesa. Amazon shares closed higher for the second time in the past ten trading sessions on NASDAQ on Wednesday. It has also been the sharpest daily surge […]
Read moreNovember 21, 2018 11:30 am
According to an announcement by FedEx Corporation (FDX) on Tuesday, it intends to expand its fleet by adding 1 000 Chanje electric delivery vans, as it aims to save on fuel and to lessen the environmental impact of its vehicles. FedEx shares closed lower for a third consecutive trading session in New York on Tuesday. […]
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