Markets

Microsoft (MSFT) 3rd Quarter Earnings: What to Expect

Microsoft (MSFT) 3rd Quarter Earnings: What to Expect Azure growth was 73 percent, consistent with the past several quarters. There's no question Microsoft's growth narrative is closely tied to its Azure Cloud platform, which is second only to Amazon's ( AMZN ) AWS. For its third fiscal quarter, which ended on March 31st, Microsoft's Intelligent Cloud division revenue was $9.7 billion, a 22 percent improvement compared to the same quarter previous... [Full Article...]

Uber's self-driving cars are still a 'science experiment,' report says

Uber's self-driving cars are still a 'science experiment,' report says Uber has raised an investment worth $1billion for its self-driving vehicle initiative from Japanese Group SoftBank's Vision Fund, automotive manufacturer Toyota , and automative component supplier Denso. Combined with another $333 million from Softbank's Vision Fund, the total investment, in this round, is about $1 billion. The filing contained a "placeholder" amount of $1 billion to be raise... [Full Article...]

Kimberly-Clark +5% after earnings topper

Kimberly-Clark +5% after earnings topper Squarepoint Ops LLC's holdings in Kimberly Clark were worth $308,000 as of its most recent filing with the SEC. The stock has gained 23.5% over the past 12 months, while the SPDR Consumer Staples Select Sector ETF has rallied 12.6% and the S&P 500 has tacked on 8.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. [Full Article...]

Amazon returns can be made at Kohl's starting July

Amazon returns can be made at Kohl's starting July Kohl's also claims that, much like Amazon's normal return policy, items can be sent back for virtually any reason at no cost. The plan marks a major expansion of Kohl's relationship with Amazon, one that analysts say is among the most creative tie-ups in retail . [Full Article...]

Over 30,000 Sign Petition For McDonald's To Bring Back Plastic Straws

Over 30,000 Sign Petition For McDonald's To Bring Back Plastic Straws The fast-food chain is gradually making the switch from plastic to paper in across their 1,361 restaurants in the United Kingdom and Ireland after facing pressure from environmentalists to become more eco-friendly. Naturally there are also people who disagree. OUTRAGE: A petition to bring back plastic straws has reached 30,000 (Pic: PA - NC) TAMPON: Some customers likened it to "sucking on a tam... [Full Article...]

Ford invests $500M in Rivian, will build an EV on Rivian's platform

Ford invests $500M in Rivian, will build an EV on Rivian's platform Ford has announced a major $500 million investment in electric auto specialist Rivian - and confirmed it intends to develop a new road vehicle using Rivian's new skateboard platform. "At the same time, we believe Rivian can benefit from Ford's industrial expertise and resources". An R1T-based F-150 would seem to make a lot of sense, but it remains to be seen if Ford would be willing to base it's s... [Full Article...]

Tesla rival Rivian says Ford Motor invests $500-million in firm

As part of the deal, the companies will develop an "all-new, next-generation" electric vehicle for Ford, based on Rivian's "skateboard" EV platform. Scaringe has said that Rivian plans to sell its "skateboard" chassis with its electric drivetrain components to other automakers to use to build their own models as long as they don't compete with models Rivian plans to build. [Full Article...]

Markets Right Now: Stocks open higher as earnings roll in

Markets Right Now: Stocks open higher as earnings roll in The most recent record for the benchmark index was set last September, shortly before the market took a nosedive in the fourth quarter that took the index nearly 20% below that peak. Twitter's solid report is a good sign for social media companies that have been struggling, Kinahan said. Stock markets gained even more south of the border, where the S&P 500 - an index of the 500 biggest public co... [Full Article...]


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