Tech stock news and analysis.
Nike’s Q3 Revenue Increases by 14% YoY to $12.39 Billion
On Tuesday, Nike, the multinational company that produces apparel and sports equipment published its financial results for the...
Markets
GameStop Surges in After-Hours Trading on Better-than-Expected Results
GameStop Corp., the American video game developer and retailer, experienced a surge in stock prices during after-hours trading...
EU antitrust regulators investigate suspected cartel activity in energy drinks industry
On Tuesday, the European Commission reported that it conducted raids on a company operating in the energy drinks...
Swiss Government Halts Bonus Payments for Credit Suisse Employees
The Swiss government has directed Credit Suisse to halt temporarily the payment of bonuses to its workforce, following...
Mercedes-Benz site searched by authorities over corruption allegations
German prosecutors are investigating two employees of Mercedes-Benz for suspected corruption, and searches were conducted last week at...
Gamers’ Lawsuit Against Microsoft’s $69 Billion Activision Acquisition Dismissed
On Monday, Microsoft Corporation (MSFT.O) won a dismissal of a private consumer antitrust lawsuit over its proposed acquisition...
Short seller warned the FDIC of trouble at Signature Bank in mid-January
Regulatory oversight and process of checks and balances in US banking industry is facing a big question mark...
Moody’s downgrades outlook for UBS following Credit Suisse acquisition
Moody’s, the credit rating agency, recently made an announcement on Tuesday confirming the credit ratings of UBS Group...
Virgin Orbit’s insolvency planning signals financial turbulence
Virgin Orbit Holdings Inc, a company that specializes in satellite launches, has reportedly started preparing detailed contingency plans...
US mid-sized banks call upon FDIC for fair deposit insurance coverage to restore stability
A number of mid-sized regional banks and community banks in the United States are urging the Federal Deposit...