China
Markets
Netflix, Inc. (NASDAQ:NFLX) Expands in 130 Countries; Still Unavailable in China
Netflix, Inc. (NASDAQ:NFLX) announced its expansion in 130 new countries around the world on Wednesday. However, the company’s online TV service is still unavailable in China, the world’s second largest economy. The company is...
Business
Is Tesla Motors Inc (TSLA) Aware of the Competition it Faces?
Unfortunately for Tesla Motors Inc (NASDAQ:TSLA), Porsche is not the only competition; it has companies from the Middle East as competition.
To popularize itself, Tesla Motors Inc (NASDAQ:TSLA) has done something that could lead to...
Technology
Baidu Inc (ADR) (BIDU) challenges Google with Self-Driven Car Test
Baidu Inc (ADR) (NASDAQ:BIDU) has recently announced that they have built an automated car that has successfully completed a driving test that comprehensively tested the capabilities required by a self-driven car. The success of...
Business
LG Display Co Ltd. (ADR) (LPL) is Ready to Invest $1.6 Billion into OLED Plant
Do you think it’s wise to spend billions on the growing market of OLED display? According to LG Display Co Ltd. (NYSE:LPL) based in Seoul, Korea, it is a brilliant decision. On this Friday,...
Markets
General Motors Company (GM) Sales in China Drop 4.8 Percent
General Motors Company (NYSE:GM) and its joint ventures reported that its sales in China declined by 4.8% to 248,815 vehicles in August. The largest U.S. automaker said the sales decline was primarily due to...
From The Press
Apple Inc. (AAPL)’s CEO Tim Cook Reassures Investors amid China Weakness
Tim Cook, the CEO of Apple Inc. (NASDAQ:AAPL) reassured investors regarding the company’s business in China amid the increasing concerns regarding the country’s weakening economy that led to a global market sell off.
Cook said...
From The Press
Macy’s (M) Stock Plummets on Quarterly Earnings that Missed Estimates
The stock price of Macy’s (NYSE:M) plummeted more than 5% to $64.08 per share after reporting second quarter earnings that missed the estimates of Wall Street analysts.
Macy’s generated earnings of $0.65 per diluted share...
Markets
China Stock Market Suffers Biggest One-Day Collapse Since 2007
The stock market in China suffered the biggest one-day collapse today since February 2007 amid investors ‘concern regarding the country’s economic growth. Investors are speculating that the Chinese government’s intervention to prevent a market...
