contributor

Amazon.com Inc. (NASDAQ: AMZN) recently partnered with Marriott International Inc. (NYSE: MAR) to expand the presence of Amazon's Echo in the latter's hotel rooms by coming summer. This is a win-win deal that will give Amazon an edge over competitors and help maintain its supremacy in the...

Red Hat (NYSE: RHT) traded 12 percent lower on Friday morning, after beating Wall Street earnings estimates but missing on guidance. The company reported earnings per share of $0.72 and total revenue of $813 million, beating analyst estimates of $0.69 and $807 million. For next quarter, they...

Lockheed Martin Corp.'s (NYSE: LMT) Missile and Fire Control business division recently won a $364.6 million contract for Army Tactical Guided Missile and Launching Assembly Service Life Extension program. The deal was awarded under the domestic and foreign military sales program....

Credit rating giant Moody's Investors Service recently downgraded the ratings of Community Health Systems (NYSE: CYH). The ratings include Corporate Family Rating, which were lowered to Caa2 from Caa1 and the Probability of Default Rating (PDR), which deteriorated to Caa2-PD/LD from Caa1-...

AT&T Inc. (NYSE: T) is reportedly holding advanced level talks to acquire AppNexus, a technology firm that operates the world's largest independent marketplace for digital advertising. The strategic move is likely to augment its foothold in the digital ad sales market, which is...

On Jun 20, the European Union announced that starting Jun 22, import tariffs of 2.8 billion euros or more than $3.2 billion will be levied on a variety of American products. The "tit-for-tat" levies came into action after the United States slapped tariffs of 25% on steel imports and...

General Dynamics Corp.'s (NYSE: GD) Electric Boat division recently secured a modification contract for economic ordering quantity material associated with the fiscal 2019-2023 Virginia class submarines. Work related to the deal is scheduled to be completed by January 2019....

Can Apple Inc. (NASDAQ: AAPL) do well while their suppliers suffer? The answer is yes for two reasons: Apple's inventories are up big year-over-year and Apple is bringing some production in-house. So the normal trade of buying the suppliers on the cheap because Apple's...

There's no denying that U.S. housing data has been weak in recent months, as inventory shortage has started taking toll on sales' pace and pushed average home prices higher nationwide. Additionally, the U.S. Government's latest move of imposing tariff on imported steel and aluminum is...

We just wrote about the drop in oil as the market braces for potential supply increases at next week’s OPEC meeting. Almost simultaneously, a big options trade in the United States Oil Fund (NYSE: USO) looked for the selloff to continue: 50,000 29-June 12.50 puts were bought for $0.12...

To everyone's surprise the first-ever formal meeting between U.S. President Donald Trump and his North Korean counterpart Kim Jong-Un in Singapore was extremely successful. While the eco-political consequence of signing the denuclearization agreement at this historical meeting was a...

One of Advanced Micro Devices, Inc.'s (NASDAQ: AMD) main drivers for the back half is the company's planned EPYC server growth. If this analyst's conversation with Intel Corporation's (NASDAQ: INTC) CEO was correct, Intel hinted to giving up more market share than AMD...