Market News
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General Motors Company (NYSE:GM) Downplays Calls For EV Spinoff
General Motors Company (NYSE:GM) is not planning to spin off its electric vehicle business. President Mark Reuss echoed the sentiments…
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Alphabet Inc. (NASDAQ:GOOGL) Upgrades Google Pay Sets Sights On Commercial Finance
Alphabet Inc. (NASDAQ:GOOGL) has set sights on the consumer finance segment with its payment app Google Pay. The tech giant…
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Airbnb Plots NASDAQ Listing As Rental Listings Improve
Airbnb has filed to go public, after bouncing back to profitability in the recent quarter. The rental online marketplace company…
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Tesla Inc. (NASDAQ:TSLA) To Debut On S&P 500 In December
Tesla has achieved yet another feat on the S&P 500, confirming its addition to the Index starting December 21, 2020.…
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Walmart Inc. (NYSE:WMT) Limits Traffic To Stores Amid COVID-19 Fears
A vicious second-wave of coronavirus pandemic is forcing retailers across the U.S to resort to stringent measures. Walmart Inc. (NYSE:WMT)…
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Alibaba Group Holding Ltd (NYSE:BABA) Posts Record Singles Say Sales Amid Looking Antitrust Regulations
Alibaba Group Holding Ltd (NYSE:BABA) is poised for a record-breaking 2020, the COVID-19 pandemic having created a perfect business opportunity.…
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Amazon.com, Inc. (NASDAQ:AMZN) Charged Over Illegal Use Of Data In Europe
Amazon.com, Inc. (NASDAQ:AMZN) woes in Europe are far from over. The block’s top competition regulator has filed new charges against…
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Moderna Inc. (NASDAQ:MRNA) Affirms COVID-19 Vaccine Prospects after Pfizer Inc. (NYSE:PFE) Breakthrough
The race for the next big thing in the fight against the coronavirus is heating up. Moderna Inc. (NASDAQ:MRNA) has…
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Krafton Partners Microsoft Corporation (NASDAQ:MSFT) For Azure As it Eyes India Reinstatement
Microsoft Corporation (NASDAQ:MSFT) has once again inked a massive deal for its cloud computing Unit Azure. South Korean gaming company…
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Bank Of England Responds Amid Double-Dip Recession Concerns
The Bank of England has come to the rescue, as the U.K economy faces its biggest contraction in more than…
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Comcast Corporation (NASDAQ:CMCSA) Partners Walmart Inc. (NYSE:WMT) To Develop and Distribute Branded Smart TVs
Comcast Corporation (NASDAQ:CMCSA) has inked a strategic partnership with Walmart Inc. (NYSE:WMT) as it looks to develop and promote smart…
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Free Food, Drinks and Rides Dominate 2020 U.S Election
Free food and great discounts at Krispy Kreme affirms why every day should be an election day. Whether voting or…
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Bitmex Execs Allegedly Looted $440 Million: DOJ Investigations
Cryptocurrency derivative platform BitMEX is on the brink of collapse amid mounting regulatory pressures. The futures trading exchange is facing…
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Pfizer’s (NYSE:PFE) Upjohn Business To Merge With Mylan (NASDAQ:MYL)
The U.S Federal Trade Commission has approved Pfizer’s (NYSE:PFE) plans to sell its Upjohn business that is to merge with…
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United Airlines Holdings Inc. (NASDAQ:UAL) Resorts To Rapid COVID-19 Tests To Coax Travellers
The covid-19 pandemic has taken a significant toll on the airline industry. With people still afraid of boarding planes, airlines…
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Robinhood Traders Await Market Sell-Off As Morgan Stanley Affirms Emerging Markets
A sell-off wave has struck the stock market, with major indices heading to their biggest losses since March. The sell-off…
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Advanced Micro Devices, Inc. (NASDAQ:AMD) To Acquire Xilinx, Inc. (NASDAQ:XLNX) For $35 Billion
Advanced Micro Devices, Inc. (NASDAQ:AMD) has reached an agreement to acquire fellow chipmaker Xilinx, Inc. (NASDAQ:XLNX) in an all-stock deal…
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Microsoft Corporation (NASDAQ:MSFT) Set Sights On Joe Biden To Avoid Antitrust Woes
Microsoft Corporation (NASDAQ:MSFT) has gone to great lengths to protect its prospects and avoid regulatory scrutiny as other tech giants…
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SpaceX Sets New Record On Starlink Satellites Launches
SpaceX has set a new record for the highest number of Starlink satellite launches in a year. The company has…
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Analysts Warn Of Stock Market Correction Amid Overstretched Valuations
The young and dumb investors have created a total nightmare in the stock market. These are sentiments shared by Smead…
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