Markets

BofAML: Apple App Store Revenue Accelerates Slightly
BofAML: Apple App Store Revenue Accelerates Slightly
July 19, 2019  |  Apple

Apple’s App Store revenue exhibited a bit of acceleration in the third quarter, Bank of America Merrill Lynch (BofAML) said. The bank indicated that, according to...

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Crypto Markets Plummet As Libra Hearings Loom
Crypto Markets Plummet As Libra Hearings Loom
July 15, 2019  |  Cryptocurrency

Cryptocurrency markets took a tumble Monday (July 15), with some coins plunging by more than 30 percent following a weekend sell-off. Bitcoin (BTC) slid after...

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Bitcoin Surges On Libra News
Bitcoin Surges On Libra News
June 19, 2019  |  Cryptocurrency

The announcement of Facebook’s Libra has buoyed other cryptocurrencies, especially Bitcoin, which gained in the neighborhood of 12 percent this week, to $9,477. However, supporters...

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Analysts Sanguine On Uber Despite (Growing) Red Ink
Analysts Sanguine On Uber Despite (Growing) Red Ink
June 05, 2019  |  Markets

Uber shares closed 5 percent higher on Wednesday (June 5), trading above their initial public offering (IPO) price for the first time since their May...

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Apple Stock Drops Amid DOJ Antitrust Investigation News
Apple Stock Drops Amid DOJ Antitrust Investigation News
June 03, 2019  |  Markets

Apple stock was affected negatively on Monday (June 3) by news that the Department of Justice (DOJ) is considering an investigation into the tech giant,...

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DHL Expands eShop In Africa
DHL Expands eShop In Africa
May 30, 2019  |  eCommerce

DHL is expanding its eCommerce platform in Africa into 9 additional markets, bringing its total reach to 20 African countries. DHL Africa eShop launched last...

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Uber’s Bust(ed IPO) Of A First Day
Uber’s Bust(ed IPO) Of A First Day
May 10, 2019  |  Markets

Call it a less than auspicious beginning. When the rubber met the road, when the trading actually became reality, Uber sputtered. To say the least....

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Lyft Shares Rise 4 Pct As Citron Recommends Holding On To Stock
Lyft Shares Rise 4 Pct As Citron Recommends Holding On To Stock
April 05, 2019  |  Markets

Shares of Lyft increased as much as 4 percent on Friday (April 5) after short-seller Citron Research recommended that investors hold on to the stock....

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Lyft Posts $911M In 2018 Losses
Lyft Posts $911M In 2018 Losses
March 25, 2019  |  IPO

Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the most losses in...

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