August 31, 2018 8:53 am
AT&T Inc (T) announced on Thursday that it would begin offering mobile 5G service to its customers in Indianapolis this year. Indianapolis becomes AT&Ts seventh 5G city along with Dallas, Charlotte, Atlanta, Raleigh, Waco and Oklahoma City. The company also promised to introduce the mobile 5G service to 12 cities by the end of 2018. […]
Read moreAugust 30, 2018 9:39 am
Shares of Amazon.com Inc (AMZN) registered their largest single-session gain in four months on Wednesday, after Morgan Stanley raised its price target on the stock from $1 850 to $2 500, or the highest target on Wall Street. The new price target would give Amazon a market capitalization of $1.2 trillion. The bank also reiterated […]
Read moreAugust 30, 2018 7:25 am
Shares of Alphabet Inc (GOOG) touched highs unseen in three weeks on Wednesday, after Morgan Stanley raised its price target on the stock from $1 325 to $1 515, or a fresh Street high. The bank also maintained an “Overweight” rating on the stock. Alphabet shares closed higher for the fifth time in the past […]
Read moreAugust 29, 2018 9:50 am
According to an announcement by Chipotle Mexican Grill Inc (CMG) on Tuesday, it intends to form a partnership with delivery service DoorDash, as the company seeks to cope with decreasing traffic at its restaurants following several food safety incidents. The burrito chain also said that the new delivery service would be available nationwide via its […]
Read moreAugust 29, 2018 6:50 am
According to an announcement by Nestle and Starbucks Corporation (SBUX) on Tuesday, the two companies have finalized their licensing deal, under which the Swiss food giant will market the US coffee chain’s packaged coffees and teas across the globe. Starbucks shares closed higher for a third consecutive trading session on NASDAQ on Tuesday. The stock […]
Read moreAugust 28, 2018 9:46 am
According to a report by Reuters, the private equity company that bought 80% of Walmart Incs (WMT) operations in Brazil, Advent International, plans to invest as much as 1.9 billion reais ($485.7 million) in Walmarts existing stores in the country as part of an agreement with the US retailer. Walmart shares closed lower for a […]
Read moreAugust 28, 2018 6:58 am
Advanced Micro Devices Inc (AMD) unveiled over the weekend the Radeon Pro V340 graphics card, aimed to power and accelerate the most sophisticated and resource-consuming datacenter visualization workloads, including CAD, rendering, design and Desktop as a Service (DaaS). Shares of Advanced Micro Devices Inc closed higher for a seventh consecutive trading session on NASDAQ on […]
Read moreAugust 27, 2018 9:45 am
According to a report by Reuters, citing an emailed statement by Wells Fargo spokesperson Tom Goyda, over 600 employees are being laid off amid a slowdown in the banks mortgage business. Wells Fargo shares closed higher for the fifth time in the past seven trading sessions in New York on Friday. The stock edged up […]
Read moreAugust 27, 2018 6:59 am
According to a statement by Comcast Corp on Friday, it will keep offering Twenty First Century Foxs Big Ten Network, including all the games featured on Foxs FS1 channel. Comcast shares closed higher for the second time in the past six trading sessions on NASDAQ on Friday. It has also been the sharpest daily surge […]
Read moreAugust 25, 2018 10:07 am
SunTrust was reported to have revised up its rating on Netflix Inc (NFLX) to “Buy” from “Hold” previously, as it cited positive subscriber outlook for the third quarter, based on its web search trend analysis. At the same time, the firm revised down its price target on the stock to $410 from $415 previously. Netflix […]
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