According to a June 23rd statement by Ford Motor Company (F), 15 600 Ikon and Figo models are to be recalled in South Africa, because of a potential risk of fire eruption. The models affected were manufactured in India within the period 2004-2012. Ford shares closed higher for a second […]

USD/CHF R1 – 0.9721 R2 – 0.9724 R3 (Range Resistance – Sell) – 0.9727 R4 (Long Breakout) – 0.9736 R5 (Breakout Target 1) – 0.9747 R6 (Breakout Target 2) – 0.9751 S1 – 0.9715 S2 – 0.9712 S3 (Range Support – Buy) – 0.9709 S4 (Short Breakout) – 0.9700 S5 […]

Tesla Inc (TSLA) was reportedly moving closer to opening a facility for electric vehicle manufacturing in China, as on June 22nd the company said it was in exploratory talks with the municipal government of Shanghai. However, no specific time line for the construction project has been disclosed. By producing electric […]

According to Goldman Sachs, Nike Inc (NKE) could soon sell directly on Amazon.com Inc. A potential partnership may heighten competition for traditional sporting goods retailers such as Finish Line Inc, Dick’s Sporting Goods Inc, Hibbett Sports Inc and Foot Locker Inc. Nike shares registered their largest daily surge since March […]

Amazon.com Inc (AMZN) was reported to be planning the establishment of an Amazon Web Services Region in Hong Kong in 2018. It would be the 8th AWS Region in the Asia Pacific area. At present, the AWS infrastructure includes 16 Regions worldwide. Amazon shares closed higher for a third time […]

Silver (SI) for July delivery (1 Troy Ounce) R1 – $16.391 R2 – $16.407 R3 (Range Resistance – Sell) – $16.424 R4 (Long Breakout) – $16.473 R5 (Breakout Target 1) – $16.531 R6 (Breakout Target 2) – $16.555 S1 – $16.358 S2 – $16.341 S3 (Range Support – Buy) – […]

According to IBM’s The Weather Company, Elite Airways is to continue using its WSI Fusion global tracking and dispatch services. Meanwhile, an aviation product suite, which consists of four products combining proprietary weather-tracking solutions, is to be added as well. IBM shares closed higher for a sixth time in the […]

Adobe Systems Incorporated’s (ADBE) second-quarter net income and current-quarter forecast outstripped market expectations as a result of the software producer’s swift push to the cloud. Creative Cloud, the flagship product of Adobe’s digital media business, encompasses the Photoshop photo-editing software as well as the Flash web video building application. Adobe […]

According to a statement by a company representative, General Electric (GE) is not willing to share turbine production for Boeing’s 797 middle market aircraft with major competitors such as Rolls Royce and Pratt & Whitney. The 797 jet is expected to be put into service in 2025. General Electric shares […]

A report by Strategy Analytics showed that sales of Wi-Fi-based wireless speakers had grown 62% in 2016, while Amazon.com Inc (AMZN) had contributed to 77% of total shipments. Amazon shares closed higher for a second consecutive trading session on Monday. The stock went up 0.76% ($7.46) to $995.17, after touching […]