The Delayed launch of the new Apple 5G phone did not work for the company and it resulted in a major quarterly decline in iPhone sales in the last two years. Apple lost $100 billion from its stock value and fell over 5% at one point in after-hours trading on...
Microsoft announced its quarterly financial results on Tuesday beating all the estimates about its financial performance, due to growth of its cloud computing business as more and more people now shifting to work from home. Due to Coronavirus, Cloud-based computer business is flourishing, and companies providing such services...
Microbot Medical Inc. (MBOT) recently completed its feasibility animal study successfully. The study was concluded using LIBERTY Robotic System, company’s surgical robotic system which is world’s first for being fully disposable system. The study achieved all its end point targets without facing any adverse incident in using that system....
Veritone, Inc. (VERI) made a new strategic alliance with pioneer eDiscovery infrastructure specialist firm George Jon. Veritone is the creator of the world’s first operating system for artificial intelligence, aiWARE where as George Jon is a forensic specialist in eDiscovery and compliance platform, product and services. The alliance will make...
Cohen & Company Inc. (COHN) recently announced that one of its sponsored company got a pricing of $200 million in initial public offering (IPO). INSU Acquisition Corp. II (INAQU) is a blank-check company sponsored by COHN that went through an upsized IPO last week. COHN operates as a financial...
On Wednesday, the dollar index improved again, rising 0.27 percent to 90.34 points, while the euro gave up 0.40 percent to $1.2156. Since its low on January 6 in the session, the greenback has jumped more than 1 percent, taking advantage of higher interest rates and growth forecasts in the future,...
Bayer received relief through the U.S. environmental protection agency which permits farmers to spray crops with weed killers based on the chemical dicamba that is sold by Bayer. The sale was blocked due to an appeal in U.S. court and Bayer was facing many lawsuits over, the use of different chemicals...
NCR Corporation (NCR), a provider of financial software and payment services for different business areas, this month held an investor day during which it presented a forecast for future periods. Several Wall Street analysts immediately enhanced their forecasts for the NCR shortly after that event. The business model...
Gap Inc. (GPS)share price went down on Tuesday after company third-quarter financial results were reported. The Company missed the expectations due to higher spending on marketing which offset the sales at Old Navy and Athleta. There was major declined was seen in the company’s Banana Republic brands.
In 2020, the online marketplace of Shopify Inc. (SHOP) attracted a record number of customers who used the company's service to manage online sales. Shopify has boosted profits and shown impressive traffic to its sales portal. More than a million vendors from 175 countries sold $2.4 billion worth...