China has confirmed President Donald Trump was lying when he said his people at the White House received phone calls from China offering to reopen stalled negotiations to end his trade war.
In recent news, Microsoft announced that the much-anticipated HoloLens 2 will go live on sale in September, Harry Shum revealed at the World Artificial Intelligence Conference in Shanghay on Thursday.
Nutanix, which is a leading enterprise cloud computing company, announced their new Q4 and fiscal 2019 financial results. Soon after the company’s stock price shot up to even 15%.
Fitbit, a smartphone wearables company, released its new Smartwatch Versa 2 upgrade. It comes with a few next-generation upgrades along with the Amazon’s Alexa addition. Also, the company announced the launch of its subscription service.
Tesla has finally launched its own insurance package for owners of its products. Tesla Insurance promises to be between 20-30 percent cheaper than other third-party policies.
The World Artificial Intelligence Conference kicked off in Shanghai Thursday with a much-anticipated keynote summit between Alibaba founder Jack Ma, and Tesla CEO Elon Musk debating the future of AI.
Gartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.5% while Samsung added 3.8%, winning an overall 20,4% of market share.
Indoor fitness startup Peloton gears up for an IPO after strong fiscal 2019 ending June. The company generated over $900 million in revenue and is valued at over $4 billion.
In recent news, Raisin, a fintech startup which offers a marketplace for savings and investment products, has acquired Fairr, which is a German startup aiming to disrupt the pensions industry.
The vast cash hoard of Warren Buffett’s company, Berkshire Hathaway Inc., has been vaster only once before – just before the worst financial crisis since the Great Depression.
Activision Blizzard has seen its stock jump upwards of 6% following the release of World of Warcraft Classic on Monday night. The increase in stock price comes after WoW peaked at 1.1M+ viewers on Twitch Monday.
Disney’s D23 Expo featured an exclusive Star Wars’ The Rise of Skywalker trailer with investors hoping that the news will help prevent the DIS stock from plunging further.
The research analyst firm Canalys reports that Google’s rebranding of its Nest product hasn’t worked very well for the company putting it in the third-position after Amazon and Baidu.
In recent news, the fast-food giant Kentucky Fried Chicken (KFC) announced a partnership with Beyond Meat. Together both companies are going to test plant-based nuggets and boneless wings.
Despite being the talk of multiple controversies over the last year, analysts express strong bullishness on the future rise of Facebook (FB) stock amidst strong fundamental and technical indicators.