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Huawei and AT&T Deal to End

Huawei and AT&T Deal to End

Chinese phone maker Huawei Technologies Co. Ltd. is expected to cut ties with AT&T Inc.(NYSE: T) following national security concerns and harder line on policies on issues ranging from Beijing’s role in restricting North Korea to Chinese e..

Under Armour Stocks Drop After Downgrade from Wall Street Firm

Under Armour Stocks Drop After Downgrade from Wall Street Firm

Under Armour Inc (NYSE: UA) shares fell 3.7% on Tuesday after Wall Street firm Susquehanna Financial highlighted poor brand management. According to Susquehanna Financial, Under Armour will reverse its course and lose its 30% gain from the past eigh..

Chipotle CEO to step down to Refocus Company

Chipotle CEO to step down to Refocus Company

Chipotle Mexican Grill (NYSE: CMG) announced on Wednesday that co-founder and CEO, Steve Ells will step down from his CEO positions. Ells will remain as executive chairman, but now the fast food Mexican chain restaurant will begin searching for..

China’s Virtual Reality Market Grows

China’s Virtual Reality Market Grows

Guiyang, China has created the country’s very first virtual reality theme park hoping to increase demand for virtual entertainment. China’s virtual reality market is expected to hit almost $8.5 billion in the next 2 years. This park is 3..

JD.com Shares Rise

JD.com Shares Rise

JD.com (NASDAQ: JD) reported their highest ever quarterly profit of $151 million which is far above analyst forecast of a 213 million yuan loss. This marks a 39% rise in revenue which boosted the firm’s shares compared to a 807.9 million ..

IBM Launches a 50-Qubit Quantum Computer

IBM Launches a 50-Qubit Quantum Computer

On Friday, International Business Machines Corp. (NYSE: IBM) introduced a quantum computer that handles 50 quantum qubits while also making a 20 qubit system as well that will be available through their cloud computing platform.Companies like I..

Apple Possibly Dropping Qualcomm Components

Apple Possibly Dropping Qualcomm Components

Apple Inc. (NASDAQ: AAPL) announced plans to possibly drop chips for iPhones and iPads supplied by Qualcomm Inc. that might take in effect in fall of 2018. This plan followed a change in supply arrangements where QUALCOMM, Inc.(NASDAQ: QCOM) ha..