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NVIDIA (NASDAQ: NVDA) stock price lost almost half of its value during the last two months of fiscal 2018. Although it regained some momentum since the beginning of the year, the stock is still down significantly from 52-weeks high of $292 a share. The stock is currently trading below $200 level. The bearish trend in…
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Shopify Inc. released an official statement on September 9th that it has agreed to purchase 6 River Systems Inc. as part of its mission to grow its fulfillment and improves deliveries. Shopify Inc is a multi-channel commerce platform trading on the New York Stock Exchange (NYSE). The CEO Tobi Lutke said Shopify is taking on…
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The sale of Norwegian oil and gas assets of Exxon Mobil will bring $4 billion for the company, Reuters reported this week citing information from sources. Why is the sale important? Exxon Mobil is over a century old oil and gas major who started operations in Norway. With the sale of these assets, the company…
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International Business Machine (NYSE: IBM) stock price has been trading in a narrow range of $140 since the start of this year. Fortunately, market pundits expect the formation of a bullish trend in the coming days. Analysts believe the transformation of business and recent acquisitions has set the company to generate sustainable revenue and earnings…
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Cisco Systems (NASDAQ: CSCO) stock price plummeted sharply after featuring a lower than expected financial outlook for the first quarter. Analysts claim that CSCO is unlikely to create a significant bullish trend in the coming days. They have trimmed price targets and ratings for Cisco stock price. Cisco Systems stock price slashed from 52-weeks high…
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NetEase Kaola and Alibaba Group made a thrilling announcement that could change the cross-border e-commerce landscape in China. A multi-million-dollar acquisition NetEase Kaola has been acquired by the Alibaba Group for a whopping $2 billion. The platform will now be integrated within Tmall, the international-focused e-commerce platform from Alibaba, which will now become the largest…
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JD.com (NYSE: JD) stock price rebounded strongly since the start of this year despite concerns over the trade war between the two largest economies. The stock price soared close to 40% year to date. Its shares are currently hovering close to 52-weeks high of $32. Trader’s confidence in JD.com stock price is due to the…
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Per a prospectus filed on Wednesday, it was revealed that tech giant Apple is planning to borrow in the bond market for the first time in almost two years. The company hadn’t done it since November 2017. This marks the first time that the creator of the iPhone, the iPad and other widely famous items…
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If you been searching for an online money making venture, you must have noticed that one name keeps appearing virtually on every post – Ebates. And though the website recently changed its name earlier in the year to Rakuten after the billion-dollar acquisition by Japan-based Rakuten Inc. it still operates as Ebates in Canada. In…
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The e-commerce technology company, CannaOne has an entered into a “Letter of Intent” (LOI) with Real Life Sciences to collect 100% interest from the company. Software development and tech company, CannaOne Technologies, has announced the agreement of a Letter of Intent (“LOI”) that declares its acquisition of 100% interest in Real Life Sciences Inc. According…
