• Samsung Electronics forecasts record breaking profit in Q2.

    Samsung Electronics has posted its biggest ever quarterly profit thanks to surging global demand for memory chips. The Korean tech giant estimates it raked in an operating profit of 14 trillion won ($12.11 billion) for the quarter ending in June. The performance would mark a new watershed for the company, and beats a 13.1 trillion won average… Continue Reading

  • Avis’s stocks soars after big tech partnerships.

    Today, Alphabet and Avis Budget announced that they will work together on self-driving cars. After that tie-up Avis Budget’s stacks bounced more than 14 percent. Alphabet’s self-driving car company, Waymo, will rely on Avis to service and store its fleet of Chrysler self-driving vans, the companies said in a statement. Most of the 600 vehicles… Continue Reading

  • Apple Reports Record First Quarter Results.

    Apple announced it’s financial results for its fiscal 2017 first quarter ended December 31, 2016. The Company posted all-time record quarterly revenue of $78.4 billion and all-time record quarterly earnings per diluted share of $3.36. These results compare to revenue of $75.9 billion and earnings per diluted share of $3.28 in the year-ago quarter. International… Continue Reading

  • Dow rises 150 points,continue to rise above 20,000

    U.S. equities rose to all-time highs on Wednesday after a series of executive orders from President Donald Trump increased bullish sentiment on Wall Street. “Clearly, this has become a buy-high-sell-higher market with the Dow breaking above 20,000,” said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management. “Out of the gate, President Trump is… Continue Reading

  • Alibaba’s revenue is up 54% high in Third quarter.

    Chinese online retail giant Alibaba beat analyst estimates with jump in 54% rise in third-quarter revenue.Mainly it’s revenue come from cloud and digital media venture and gains in its core business. Alibaba said after Tudesday’s results that it would raise 2017 full-year guidance for revenue growth to 54% from 48% Revenue from Alibaba’s core e-commerce… Continue Reading