stocks

Bitcoin Futures Start, Markets Firm

Bitcoin Futures Start, Markets Firm

Maiden trading of bitcoins started on December 10. This resulted in a steep rise in the digital currency price. Heavy traffic caused an outage on the website of the exchange provider. The contract in bitcoins with a January expiry date opened at $15..

Asian Markets Close Lower to Match the US Dips

Asian Markets Close Lower to Match the US Dips

The majority of the Asian markets dipped on November 30, with the stabilization of oil prices post dip in the last session. Technology stocks went south after the US shares in this sector got sold off on November 29. Regional investors also took int..

China’s Tech Firms Fined for Censorship

China’s Tech Firms Fined for Censorship

China’s top tech firms Baidu Inc. (NASDAQ: BIDU), Tencent Holdings Ltd., Weibo Corp. (NASDAQ: WB) and others were fined for failing to properly censor online content as the country is enhancing their censorship and security efforts ahead of th..

U.S. Stocks Hit Record Highs

U.S. Stocks Hit Record Highs

U.S. stocks traded higher on Monday and hit new record highs as investors are waiting for the Federal Reserve’s policy meeting this week.All three major indexes hit new record highs. The Dow Jones industrial average rose 0.45 percent or 76.84 ..

Amazon to Open Mega Warehouse in Mexico

Amazon to Open Mega Warehouse in Mexico

Amazon.com, Inc. (NASDAQ: AMZN) is preparing to open a mega warehouse near Mexico City that will be 1 million square feet to help boost Mexico’s e commerce industry. The warehouse is to be built in the Tepotzotlan municipality about 25 miles n..

Wal-Mart and Google Partner to Deliver Voice Shopping

Wal-Mart and Google Partner to Deliver Voice Shopping

Wal-Mart Stores Inc (NYSE: WMT) together with Alphabet Inc (NASDAQ: GOOGL) announced a partnership. Together the two companies plan to compete against Amazon.com, Inc. (NASDAQ: AMZN). The partnership will focus on providing customers with voice shop..

Momo Beats Q2, But Shares Plummet Over 19%

Momo Beats Q2, But Shares Plummet Over 19%

Momo Inc. (NASDAQ: MOMO) reported its second quarter earnings and beat estimates, but despite strong results, shares plummeted down over 19 percent during Tuesday’s trading hours.The Chinese social media company posted revenues for the second ..