Finance News

64% Of U.S. Households Using Amazon.Com, Inc. (NASDAQ:AMZN) Prime

64% Of U.S. Households Using Amazon.Com, Inc. (NASDAQ:AMZN) Prime

For every $10 spend in the U.S doing online shopping, $4 is spend on Amazon.com, Inc. (NASDAQ:AMZN). This amounts to 43%. A record 80% of the total growth in online traffic is from Amazon sales. Currently Amazon has 80 million Prime members which translate to 64% of the total U.S […]

Apple Inc. (NASDAQ:AAPL) Apple Watch Dominating The Smartwatch Sector Globally

Apple Inc. (NASDAQ:AAPL) Apple Watch Dominating The Smartwatch Sector Globally

A research report indicates that the Apple Inc. (NASDAQ:AAPL) Apple Watch dominated the smartwatch category in the fourth quarter of 2016. According to the report, out of all smartwatch sales, half of them were for the Apple Watch. And of all smartwatch revenues, more than three quarters were for the […]

Microsoft Corporation (NASDAQ:MSFT) And Other Software Companies Grow In A Cloud-Focused World

Microsoft Corporation (NASDAQ:MSFT) And Other Software Companies Grow In A Cloud-Focused World

It has always been a major struggle to deliver positive sales growth for the wide array of companies that depend heavily on hardware and IT services revenue streams. However, a number of their software-focused peers are reportedly faring on much better. This particular split in the performance of enterprise IT […]

FDA Approves Merck-Pfizer Partnered Urothelial Carcinoma Immunotherapy Drug

FDA Approves Merck-Pfizer Partnered Urothelial Carcinoma Immunotherapy Drug

Merck and Pfizer confirmed that the United States Food and Drug Administration has granted accelerated approval to their partnered drug: a fully-human anti-programmed cell death ligand-1 (anti-PD-L1) monoclonal antibody (mAb). This drug goes by the manufactured name avelumab and will be sold under the label Bavencio as a possible treatment […]

Alphabet Inc (NASDAQ:GOOG) Collaborates With Xiaomi In A Bid To Capture A Huge Market Share

Alphabet Inc (NASDAQ:GOOG) Collaborates With Xiaomi In A Bid To Capture A Huge Market Share

This provider had over numerous instances attempted to lock down the enormous Indian smartphone market with its Android One smartphone program. Google was optimistic that the Android One would succeed at impressing a lot of users by helping them obtain cheap smartphones employing latest version of Android. This was indeed […]

Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian To Offer $199 One-Way Routes From Seattle to London 4-Days A Week

Norwegian Air has just announced a new route that is sure to shake things up across the Atlantic: new service from Seattle to London Heathrow for $199 one-way. The airline will offer four flights a week aboard a Boeing Dreamliner 787-9 aircraft, which can carry up to 35 first class […]

Wal-Mart Stores Inc (NYSE:WMT) Is Successfully Beating Back Germany Grocery, LIDL

Wal-Mart Stores Inc (NYSE:WMT) Is Successfully Beating Back Germany Grocery, LIDL

After entering the intense price war last month, Wal-Mart Stores Inc (NYSE:WMT) could be increasingly taking an advantage over its rival German Grocer Lidl. According to S.C. Jefferies analyst Daniel Binder, Lidl is losing the price advantage over Walmart Stores and ALDI after launching its first 20 US stores in […]

Britain?s Authorities Fine Merrill Lynch for Not Reporting Transactions

Britain?s Authorities Fine Merrill Lynch for Not Reporting Transactions

Merrill Lynch, a unit of Bank of America, was fined in the amount of $45.5 billion by the Financial Conduct Authority in Britain for not reporting details of its trading in exchange-traded derivatives, the British market regulator announced. Monday?s enforcement action, which is the first of a kind under Britain?s […]

Alibaba Group Holding Ltd (NYSE:BABA) And Amazon.Com, Inc. (NASDAQ:AMZN) Increasingly Turning To Physical Stores

Alibaba Group Holding Ltd (NYSE:BABA) And Amazon.Com, Inc. (NASDAQ:AMZN) Increasingly Turning To Physical Stores

Despite the end of brick and mortar stores having been predicted, Alibaba Group Holding Ltd (NYSE:BABA) and Amazon.com, Inc. (NASDAQ:AMZN), who were once pure-play ecommerce firms are now opening their own physical retail centers to become some sort of hybrid retailers. In the case of Amazon, what started out as […]

Assembly Of The Apple Inc. (NASDAQ:AAPL) IPhone SE In India Starts

Assembly Of The Apple Inc. (NASDAQ:AAPL) IPhone SE In India Starts

Apple Inc. (NASDAQ:AAPL) has begun assembling iPhones in India specifically the iPhone SE, its cheapest smartphone. This follows a trial run which was conducted earlier in a bid by Apple to enter the South Asian market which is growing faster than its other big markets such as China and the […]