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Amazon.com Inc. (NASDAQ:AMZN) Commits $2 Billion Investment Towards Affordable Housing Construction In Three Cities

Amazon.com Inc. (NASDAQ:AMZN)  has pledged to invest over $2 billion in the next five years to try and fix the affordable housing crisis in their cities where it has operations. The company becomes the latest tech giant to pledge investment for affordable housing. Three cities benefit from Amazon’s housing investment The eCommerce giant will invest […]

Seelos Therapeutics Inc. (NASDAQ:SEEL) Announce Inclusion Of SLS-005 Study In The HEALEY ALS Platform Trial

Seelos Therapeutics Inc. (NASDAQ:SEEL) has announced that its Phase IIb/III SLS-005 (trehalose) study has been selected by Sean M. Healey & AMG Centre for ALS at Massachusetts General Hospital to be part of the HEALEY ALS platform Study. This is the first-ever study platform for amyotrophic lateral sclerosis (ALS or Lou Gehrig’s disease) treatment. SLS-005 […]

Tesla (NASDAQ:TSLA) Opens The Largest Supercharger Station Globally In Shanghai, China With 72 Stalls

Tesla (NASDAQ:TSLA) has opened the largest Supercharger station in the world with around 72 charging stalls barely a month after its beats its record stalls with the Fresno, California station. New Supercharger in Shanghai The company opened the Supercharger station in Jing’an International Centre which is one of the fast-growing districts in Shanghai. The station […]

Comcast Corporation (NASDAQ: CMCSA) Signs Agreement With Walt Disney Company (NYSE:DIS) to Distribute ESPN+ and Disney+

Comcast Corporation (NASDAQ:CMCSA) has entered an agreement with The Walt Disney Company (NYSE:DIS) that includes distribution rights for Disney+ and ESPN+ services by Comcast on the Flex and Xfinity X1 platforms. Comcast’s Xfinity X1 and Flex customers to enjoy ESPN+ and Disney+ services Rebecca Heap, SVP Comcast Cable, Video and Entertainment, said that following the […]

Novartis AG (NYSE:NVS) Reports First REACH3 Study Data Showing Jakavi®’s Improving Patients Outcomes In chronic GvHD

Novartis AG (NYSE:NVS) has announced its third phase REACH3 study results, which showed that Jakavi® significant failure-free survival improvements in patients with steroid-refractory chronic graft-versus-host disease (GvHD) relative to best available therapy (BAT). Novartis reports positive REACH3 results of Jakavi in chronic GvHD The company presented the REACH3 results at the Annual 62nd American Society […]

Facebook Inc. (NASDAQ:FB) Faces Lawsuit From FTC And 40 States For Violating Antitrust Laws

Over 40 US states led by the state of New York are probing Facebook Inc. (NASDAQ:FB) for potential antitrust violations with plans to file a suit against the company as early as next week. The lawsuit is a second major suit filed against a tech giant following the Justice department’s lawsuit against Alphabet Inc.’s (NASDAQ:GOOGL) […]

Home Depot Inc. (NYSE:HD) Enter Retail Lease Agreement To Take Over 120,000 Space In Manhattan

Home Depot Inc. (NYSE:HD) has signed a retail lease in Manhattan that will see it moving into a 120,000 sq. ft. facility on the Upper East Side. Bed Bath & Beyond will be vacating the spaces since its lease will be expiring in 2021. Home Depot signs 20-year lease for asset Manhattan The company has […]

Comcast Corporation (NASDAQ:CMCSA) Bullish Of theme Park Segment After 81% Revenue Plunge

Comcast theme pack business took a beating in the third quarter owing to the COVID -19 pandemic that disrupted operations and traffic to the facilities. The cable giant reported an 81% decline in revenues in the segment that came in at $311 million. Theme Park Struggles The double-digit revenue decline can be attributed to, among […]

Amazon (NASDAQ:AMZN) Launches New Program To Pay Shoppers For Their Shopping Data

Amazon.com Inc. (NASDAQ:AMZN) has launched a new program called Amazon Shopper Panel. The new program lets users make money by uploading ten shopping receipts per month. New program to give user option of earning for their data The eCommerce giant seeks to gain information about users’ purchasing activity beyond its platform in exchange for monetary […]

Merck & Co’s (NYSE:MRK) Lung Cancer Treatment Dominance With Keytruda Challenged By The Likes Of Regeneron

Over the years, Merck & Co’s (NYSE:MRK) blockbuster cancer treatment, Keytruda, has been the standard first-line treatment alternative for most burdensome lung cancers, but this dominance is about to change. Recently at a cancer research conference, several companies challenged the treatment with their won cancer drugs. Merck’s blockbuster cancer treatment could face competition from new […]

eSports Stocks Ready to Heat Up? (GMBL, HUYA, BTHR, ATVI)

One space that has actually benefitted from the pandemic is eSports. The revolution that it represents has only further solidified itself in the niche of competitive activities during recent months because events can be managed without live crowds if need be. That has likely only stoked the fire burning under would-be fans and competitors. In […]

AT&T Inc. (NYSE:T) To Improve Balance Sheet Position Through Debt Repayment

AT&T Inc. (NYSE:T) is seeking to ease its debt burden by repaying its upcoming debt maturities. The company recently issued notices to redeem three series of bonds, amounting to $1.2 billion to improve its liquidity position. AT&T wants to improve its capital structures as it navigates the global recession caused by the COVID-19 pandemic. As […]

After TikTok, Alibaba Group Holding Ltd (NYSE:BABA) May Be The Next Target In U.S-China Trade War

Trump’s crackdown on Chinese tech companies does not seem to slow down any time soon after the US president gave the latest indication of extending the crackdown to Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA). In the latest escalation of conflicts between the world’s two superpowers, the US has been aiming at Chinese tech […]

Advanced Micro Devices (NASDAQ:AMD) Continues To Grow Its Market Share As Gaming Industry Thrives

Despite the ravages of the COVID-19 pandemic, the gaming industry has managed to hold on well and for gaming chip makers such as Advanced Micro Devices (NASDAQ:AMD) and Nvidia Corp (NASDAQ:NVDA). AMD and Nvidia benefiting ahead of the launch of new gaming consoles According to BofA Securities analyst Vivek Arya, the chip makers’ stocks have […]

Cisco Systems Inc. (NASDAQ:CSCO) And Telenor (OTCMKTS:TELNY) Enhance Partnership To Provide Infrastructural Support To Telcos

Cisco Systems Inc. (NASDAQ:CSCO) and Telenor (OTCMKTS:TELNY) have announced the signing of their third Joint Venture Agreement iteration. Cisco and Telenor to collaborate on various offerings The restating of the agreement between the companies outlines the areas they will enhance to help telcos achieve various milestones ranging from B2b expansion, 5G, security, Open vRAN, and […]