EU News Digest Latest News & Updates
Aly Song | Reuters A man walking past a Huawei P20 smartphone advertisement is reflected in a glass door in front of a Huawei logo, at a shopping mall in Shanghai, China December 6, 2018. Poland’s counterintelligence agency has arrested an employee of Chinese tech giant Huawei over spying allegations. …
Read More »Retailers are slashing prices across China
Visual China Group | Getty Images A customer shows his iPhone XS Max during the launch of iPhone XS and iPhone XS Max at an Apple store on the Nanjing East Road on September 21, 2018 in Shanghai, China. Apple’s latest iPhone models are facing huge discounts in China as …
Read More »Netflix shares rise after hours on upgrade by UBS
Jason Alden | Bloomberg | Getty Images A selection of Netflix original content sits displayed in the Netflix app on an Apple iPad tablet device in this arranged photograph in London. Shares of Netflix rose 1.5 percent in after-hours trading Thursday after an analyst at UBS upgraded the video-streaming giant. …
Read More »Activision shares tank after split with Destiny game studio Bungie
Chesnot | Getty Images Gamers play the video game ‘Destiny 2’ developed by Bungie Studios and published by Activision during the ‘Paris Games Week’ on October 31, 2017 in Paris, France. Video games publisher Activision saw its stock fall around 7 percent in after-market hours on Thursday after the company …
Read More »Apple’s big bet on privacy has risks
John Gress | Reuters Tim Cook, Chief Executive Officer of Apple Inc., takes a selfie with a customer and her iPhone as he visits the Apple Store in Chicago, Illinois, U.S., March 27, 2018. Apple ramped up its efforts this week to differentiate its business on the basis of privacy …
Read More »Bitcoin stumbles below $4,000, reversing weekend gains
Bitcoin’s struggles are continuing into 2019. The world’s largest cryptocurrency dropped 6 percent on Thursday morning to a low of $3,741.91, according to industry data site CoinDesk. The sudden and sharp drop brings bitcoin’s one-year losses to more than 70 percent. Other major cryptocurrencies struggled, too. Ether fell 12.5 percent …
Read More »Twitter shares pop after Bank of America upgrades stock
Anushree Fadnavis | Reuters Twitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018. Twitter shares jumped on Thursday after Bank of America Merrill Lynch upgrade the stock, citing increased usage by younger people and more …
Read More »Tesla to stop sales of lowest-priced Model S, X cars
Justin Sullivan | Getty Images Brand new Tesla Model S cars sit on front of a Tesla showroom on August 2, 2017 in Corte Madera, California. Tesla will report second-quarter earnings today after the closing bell. Tesla will stop selling the lowest-priced versions of its Model S sedans and Model …
Read More »There’s a new wave of tech stocks taking the markets by storm
It could be in with the new and out with the old when it comes to technology this year. While many large-cap tech names have started the year off strong, there’s a wave of smaller, more new-age tech stocks that have seen a huge rally. Companies like Twilio, Etsy, Square, …
Read More »J.P. Morgan CEO Jamie Dimon talks Amazon at JPM 2019 private dinner
Andrew Harrer | Bloomberg | Getty Images Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., U.S., on Thursday, Dec. 6, 2018. J.P. Morgan Chase CEO Jamie Dimon hosted a private dinner for pharmaceutical executives …
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