Markets
Amazon.com (AMZN) Q2 Earnings Beat Street Estimates; Shares Climb
Amazon.com (NASDAQ:AMZN) reported better-than-expected earnings for the second quarter ended June 30, 2016. The shares of the e-commerce giant were trading $764.25 each, up by 1.54% around 11:24 a.m. in New York.
It is the...
Markets
Oracle Corporation (ORCL) to Acquire NetSuite (N) for $9.3 Billion
Oracle Corporation (NYSE:ORCL) signed an agreement to acquire NetSuite for (NYSE:N) for $109 per share or around $9.3 billion in cash to help strengthen its market share in the cloud computing industry.
The stock price...
Markets
Apple CEO Says Services Business will be the Size of a Fortune 100 Company
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook believed that the company’s services business will continue to grow and become the “size of a Fortune 100 company” next year.
The iPhone maker reported that its services business...
Markets
Nintendo Says Pokémon Go Has Limited Impact on Earnings; Stock Sinks
The shares of Nintendo Co., Ltd (TYO:7974) (OTCMKTS:NTDOY) plummeted on Monday after the company stated that the smash-hit augmented-reality mobile game, Pokémon Go has limited impact on its earnings.
The stock price of Nintendo declined...
Markets
Verizon Reportedly Close to Reaching a Deal to Acquire Yahoo’s Core Assets
Verizon Communications (NYSE:VZ) is close to reaching an agreement to acquire the core internet assets of Yahoo! Inc (NASDAQ:YHOO), according to Bloomberg based on information from people familiar with the matter.
One of the sources...
Markets
Tesla’s CEO Elon Musk Unveils New Master Plan; Shares Drop
Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk unveiled today his new master plan for the company over the next decade. However, market analysts said Musk failed to provide details on how he would fund...
Markets
Pokémon Go Helps Nintendo Double its Market Value to ¥4.5 Trillion
The shares of Nintendo (TYO: 7974) have been soaring since the launching of Pokémon Go. On Tuesday, the stock price of the Japanese game console and software developer climbed again by more than 14%...
Markets
ARM Holdings (ARMH) Surges over 40% on SoftBank Deal
The shares of ARM Holdings plc (ADR) (NASDAQ:ARMH) (LON: ARM) are trading higher today driven by the announcement that it entered an agreement to be acquired by SoftBank Group (OTCMKTS: SFTBF) (TYO: 9984) for...
