Shares of Nike Inc (NKE) rose the most in seven weeks yesterday, after two research and analysis firms upgraded the athletic footwear and apparel manufacturer, while also raising their price targets on its stock. Nike shares closed higher for the second time in the past seven trading sessions in New […]

JP Morgan Chase reportedly cut its price target on Tesla Inc (TSLA) to $195 from $308 previously, as the bank cited a lack of funding required for Elon Musk’s plan to take the electric vehicle maker private, which he had announced in a tweet less than two weeks ago. Tesla […]

Ford Motor Company (F) said on Friday that its total vehicle sales in Europe went up 1.7% to 101 800 units in July compared to the same month a year earlier, as growth was observed in 10 out of 20 traditional European markets. The auto maker said that vehicle sales […]

According to a Friday report by Bloomberg, citing sources familiar with the matter, Goldman Sachs Group Inc is being investigated by UK’s Financial Conduct Authority (FCA) over its reporting practices associated with the new regulatory framework within the European Union. Goldman Sachs shares closed higher for a second consecutive trading […]

Shares of Walmart Inc (WMT) rose at the largest daily rate in nine months yesterday, after the US retailer reported higher-than-anticipated quarterly sales and earnings, as traffic to its regular stores increased, while a renovated website supported on-line purchases. Walmart shares closed higher for the eighth time in the past […]

Supermarket operator Kroger Company (KR) announced on Thursday that it would begin tests of driverless grocery deliveries with its tech partner Nuro at one Fry’s Food Store located in Scottsdale, Arizona. The shares of Kroger Company closed higher for the fifth time in the past eight trading sessions in New […]

According to an announcement by Walmart Inc (WMT) on Wednesday, it intends to team up with comedian and talk show host Ellen DeGeneres in order to launch a women’s fashion line. In case the partnership turns out to be a success, the retailer could further its effort to reach more […]

According to a Wednesday report by newspaper Valor Economico, citing Alexandre Barreto, the president of Brazil’s antitrust regulator Cade, the agency may initiate an investigation into Alphabet’s Google in relation with abuses in its cell phone operating system. Barreto said that Cade’s decision whether to formally investigate Google depends on […]

A special three-member committee has reportedly been formed on Tuesday by Tesla Inc’s board in order to evaluate any proposal by CEO Elon Musk to take the electric car maker private. Tesla shares closed lower for the third time in the past six trading sessions on NASDAQ on Tuesday. The […]

Advanced Micro Devices Inc (AMD) announced on Monday the launch of its second generation 32-core, 64-thread Ryzen Threadripper 2990WX processor, or the most powerful desktop processor worldwide. Shares of Advanced Micro Devices Inc closed higher for the fourth time in the past six trading sessions on NASDAQ on Monday. It […]