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Verizon adds four cities to 5G network

[Jul 31 6:06 PM] August is the month for telecom customers in four big U.S. cities to start enjoying the high speeds and greater capabilities of a new 5G wireless network system. The Verge reports today that Verizon has pushed the button on 5G operations in…

General Electric stock jumps on upbeat earnings and guidance

[Jul 31 4:25 PM] General Electric (NYSE: GE) reported better-than-expected second quarter financial results on Wednesday morning. The struggling conglomerate also improved its full-year outlook, sending its shares up in premarket trade. Revenue declined 1% in the…

Could Chinese mining ASICs maker Canaan creative get a U.S. IPO?

[Jul 31 4:19 PM] A Chinese company producing ASIC chips for Bitcoin mining may be the first to file an IPO in the United States, according to unconfirmed reports making the rounds on tech media today. Sources like Cointelegraph are revealing that reports on the…

Enphase Electronics shoots up 20% premarket on solar ambitions

[Jul 31 12:32 PM] Enphase Energy, a domestic maker of solar-related electronics, shot up some 20% pre-market this morning to share prices around $26. Yesterday, the company reported second-quarter revenues with gains of 107% in the U.S. market. Leaders cited one of…

Crypto exchange gets green light in Bahrain

[Jul 31 11:20 AM] A crypto exchange named Rain in the Gulf Coast kingdom of Bahrain maybe the first MENA exchange to get regulatory permission in the gulf region. A July 31 blog post reported at Cointelegraph shows that Rain got a “crypto asset module” license…

British Pound reaching historic low as markets worry over Brexit

[Jul 31 11:00 AM] Overseas markets have been rather jittery over looming Brexit fears. With the U.K government’s tough position on Brexit negotiations showing no signs of backing off, the British pound is approaching a historic low as investors worry the country…

Trump suggests potential trade deal with Brazil

[Jul 31 10:07 AM] While the ongoing trade discussions between the U.S. and China continue to take up the majority of the financial press’s attention, another potential deal could be in the works on the other side of the globe. President Donald Trump went on to say…

Gartner drops 20% after lowing year-end guidance

[Jul 31 10:03 AM] Shares of a major IT research company fell significantly on Tuesday on relatively mild news. Gartner (NYSE: IT) saw its stock price plunge by 19.8 percent over the course of the trading day after the research and advisory services company revealed…

Facebook Libra not a done deal, faces regulatory headwinds

[Jul 30 6:54 PM] Amid the hype around Facebook’s reported plan to launch the Libra stablecoin, experts are reminding investors that Libra is by no means a done deal. Major companies have chipped in $10 million apiece to become Libra Association node holders…

Tower Semiconductor advances 11% after topping earnings

[Jul 29 1:36 PM] Israel-based Tower Semiconductor (TSEM) reported earnings per share of $0.24 today, along with a profit of $20.9 million for the second quarter of the year. The news sent the company’s stock of 11% in pre-market trading from a prior close of…

Summer prices for natural gas just hit a 20 year low

[Jul 29 11:29 AM] Oil prices might have staged a comeback over the past couple of months, but not every energy commodity has seen a similar trend. Natural gas prices have plummeted so far, with some of America’s largest natural gas producers giving up on their…

Justice Department okays T-Mobile and Sprint blockbuster merger

[Jul 26 7:25 PM] The $26 billion merger deal between T-Mobile (NASDAQ: TMUS) and Sprint Corp (NYSE: S) has won approval from the U.S. Department of Justice (DOJ). The resulting company would be known as T-Mobile and is expected to have about 90 million customers…

Verastem up 9% on Sanofi news

[Jul 26 2:51 PM] Oncology firm Verastem (NASDAQ: VSTM) jumped 9% in pre-market trading as of just before the bell on Sanofi deal. Industry media are reporting breaking news of a deal with Sanofi, where Sanofi acquires the rights to distribute Verastem’s…

UFC partners with Aurora Cannabis for CBD research study

[Jul 26 12:35 PM] Aurora Cannabis (NYSE: ACB) has been making inroads in the scientific community as well as the markets, as the company managed to secure a research agreement with the top professional mixed martial arts league on the planet. The United Fighting…