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Category: Enterprise


Enterprise, Industries

Snap shares jump on upgrade ahead of earnings after the bell

July 23, 2019

Via: CNBC

Shares of Snap, parent company of Snapchat, rose on Tuesday following an upgrade from Stifel ahead of the company’s earnings release after the bell. Stifel upgraded Snap to buy from hold and hiked its price target to $17 from $13. […]


Enterprise, Industries

Netflix is set to lose $17 billion off its market cap after suffering a rare decline in US subscribers (NFLX)

July 18, 2019

Via: Business Insider

Netflix stock plunged 11% in pre-market trading on Thursday after the tech giant reported its first decline in US subscribers since 2011. The company’s US paid-subscriber base shrunk by 130,000 in the second quarter, badly missing Wall Street’s expectations of […]


Enterprise, Industries

If Apple fails at this level, it would be a ‘big problem’ for the stock, technician says

July 2, 2019

Via: CNBC

Apple shares raced into July. The stock surged 2% on Monday, adding to a nearly 30% advance for the year, after a pause on additional tariffs between the U.S. and China reignited hopes of trade progress. Its rally now faces […]


Enterprise, Industries, News

‘We Are Not Law Enforcement:’ FedEx Sues the Commerce Department Over Huawei Export Rules

June 25, 2019

Via: Fortune

FedEx Corp, the U.S. courier group credited with spearheading overnight shipping, was christened Federal Express because founder Frederick Smith thought the name sounded patriotic. Now the logistics firm is suing the U.S. government, because it doesn’t want to be responsible […]


Enterprise, Industries

Waymo Teams Up with Renault and Nissan for Robotaxis in France and Japan

June 20, 2019

Via: Fortune

Self-driving car pioneer Waymo is teaming up with automakers Renault and Nissan to make its first journey outside the U.S. with a ride-hailing service that will dispatch a fleet of robotaxis in France and Japan. The partnership announced late Wednesday […]


Enterprise, Industries

Apple Is Reportedly Asking Suppliers to Shift at Least 15% of Output from China

June 19, 2019

Via: Fortune

Apple Inc. has asked its largest suppliers to consider the feasibility of shifting 15% to 30% of its output from China to Southeast Asia in a dramatic shake-up of its production chain, the Nikkei reported. The U.S. tech giant asked […]


Enterprise, Industries

Rolls-Royce, Aston Martin, Lamborghini car prices plunge as ultra-luxury market expands

June 10, 2019

Via: USA TODAY

Had your eye on an Aston Martin? Always dreamed of a Lamborghini? Looking for a Rolls-Royce? Now might be your time. Sure, you may still need a couple hundred thousand dollars. But you probably won’t need as much as you […]


Enterprise, Industries

Barclays says Tesla is ‘stalling as a niche automaker’ and cuts its price target to $150

May 30, 2019

Via: CNBC

Barclays cut its price target on Tesla on Thursday and said the market is finally coming around to the firm’s thesis on the automaker. The firm also said Tesla is “stalling as a niche automaker,” and cut its 12-month price […]


Enterprise, Finance Tech, Industries, Trading

Tesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says

May 21, 2019

Via: CNBC

Morgan Stanley cut its bear (worst-case) forecast on Tesla’s stock from $97 to just $10 on Tuesday, citing concerns about the company’s increased debt load and geopolitical exposure. In particular, Morgan Stanley analysts said the reduction was driven by concerns […]


Enterprise, Finance Tech, Industries, Trading

Ford, GM shares jump as Trump plans to delay auto tariffs

May 15, 2019

Via: CNBC

Shares of Ford and General Motors jumped on Wednesday as President Donald Trump plans to delay auto tariffs for six months, people familiar with the situation told CNBC. Ford and GM shares both added about 1% after opening with declines […]