stocks

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 ..

Estee Lauder Co. Inc. Beats Q4 Results

Estee Lauder Co. Inc. Beats Q4 Results

Estee Lauder Co. Inc. (NYSE: EL) reported its fourth quarter earnings and beat estimates, boosting shares to an all time high.The company reported net sales of $2.89 billion, compared to an estimate of $2.85 billion, a 9 increase year over. Net earn..

Gap shares rise after surpassing Q2 estimates

Gap shares rise after surpassing Q2 estimates

Shares of Gap Inc. (NYSE: GPS) rallied more than 6 percent in extended-hours trading after the retailer reported better than expected second quarter results and raised its full-year profit forecast on Thursday, Reuters reports.The company’s ne..