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Kraft Heinz Co. (NASDAQ: KHC) began trading Monday for the very first time since the H.J. Heinz merger with Kraft Foods Group Inc. How did it perform? It started at $71 per share and jumped as much as $74.29 within the first hour of trading. The stock’s volume totaled about 950,000 shares after just the…
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Apple Inc. (NASDAQ:AAPL) is going to launch an iPhone 7 this year. It’s going to be the best smart phone ever made by the firm, as every release has been since the first iPhone debuted in 2007. We already know a lot about the iPhone 7, at least if you believe Ming Chi-Kuo, the KGI…
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Tesla Motors Inc (NASDAQ:TSLA) is getting the production line for the Model X EV SUV up and running, but the firm may have issues selling the car when it finally arrives. People are already complaining about some design features, even though a final model won’t be seen until the first unit ships toward the end of…
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Apple Inc. (NASDAQ:AAPL) appears to be putting its Chief Design Officer Jony Ive out to pasture, though it’s not clear if the move is voluntary. Mr. Ive took up his new role in the C-suite at the firm on July 1, but rumors that it’s actually a demotion, or that he’s leaving the firm, have…
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Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg envisions a day, in the future, when users will be able to share their thoughts brain to brain using technology. Dropping big hints on the firm’s future goals, the CEO said this will be “ultimate communication technology.” Shift in Facebook’s focus “You’ll just be able to think of something…
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Tesla Motors Inc (NASDAQ:TSLA) appears to be pulling back on its promise to give users free charging for life, and it’s causing some confusion among the firm’s fans. At the firm’s shareholder meeting on May 6 Elon Musk complained that some users had been using the firm’s SuperCharging for local travel. Soon after the firm’s…
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Alibaba Group Holding Ltd (NASDAQ:BABA) shares were trading strongly upward before the market opened on Tuesday morning after rumors emerged that the firm was set to make a $600m bet on payments in India. The Chinese e-commerce firm is now the lead payments provider in China, and its move into India could make it one…
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Tesla Motors Inc (NASDAQ:TSLA) will ship its first Model X EV SUV before the end of the quarter, and fans of the car firm are already lining up to buy the car. Elon Musk, CEO at Tesla Motors, said back in February that more than 20,000 bookings for the SUV have already been made. Between…
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Facebook Inc (NASDAQ:FB) is spending billions of dollars in virtual reality in order to get its Oculus Rift headset ready for launch early next year, but those with shares in the firm still aren’t sure how Mark Zuckerberg and his team plan to make money from the device. Demand is thought to be restricted to…
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Tesla Motors Inc (NASDAQ:TSLA) has high hopes for the Model 3 as the EV that will shake the global automobile market. Tesla’s Model 3 is not likely to hit the streets until 2017 and we won’t really know what it will look like until final details are released next year. However, it seems that General Motors Company…
