Locker is a successful analytics start-up which had raised more than $280 million, and Google plans to add Locker to Google Cloud. It is envisioned that the new entity will bring together a complete data analytics solution to customers by providing end-to-end analytics platform to connect, collect, analyze and visualize data across Google Cloud, Azure, AWS, on-premises databases and ISV applications. The move comes as Google has been facing some challenges in the cloud infrastructure market, and acquiring Looker, with a current valuation of nearly $2.6 billion, can bring the necessary break the company has been looking for.It envisions forging a new, single piece platform for data where information can be aggregated and made available for business purposes.  If the deal goes through regulatory approval, it is set to close later this year.
Overall, production fell roughly 6.4% in three years and for an oil-producing company, this isn’t a good trend. A closer look shows the issue may not be alarming.Even after a rough 2018 in terms of average annual production, the numbers began to bounce back in the second half of that year with the trend being carried over to the first half of 2019, pushing y-o-y production up by 5%. So, what’s the driver behind this improvement? The answer: Exxon’s efforts in the onshore U.S. market, where the Permian Basin has finally begun to produce strong results.
FedEx (FDX +0.6%) is down sharply from its earlier trading level after CNBC reports that the company has made the "strategic decision" not renew the FedEx Express U.S. domestic contract with Amazon (AMZN +2.5%).
 Walmart is going to begin delivering groceries inside shoppers’ homes.Right to their kitchen refrigerators.
Many mall-based apparel retailers crumbled over the past decade due to shifting fashion trends, the rise of fast-fashion rivals and e-tailers, and sluggish mall traffic.However, one retailer that has weathered the retail apocalypse with style is American Eagle Outfitters (NYSE: AEO), which posted 6% comparable-store sales growth during the first quarter.
Beyond Meat Inc BYND 34.24% shares rocketed higher by another 26 percent on Friday after the company beat expectations with its first public earnings report.Friday’s big gain continues the red-hot start to life on the public market for the the meatless burger maker after it held its high-profile IPO roughly one month ago.
Given Walmart’s massive scale, it’s easier for it to save big money by making little changes that have an impact.
and Mexican officials say they are making progress as they continue to work to stop import tariffs. Vice-President Mike Pence said he was "encouraged" by Mexico's latest proposals, but that tariffs still were set to take effect on Monday. Pence added that it would be "for the president to decide" whether Mexico was doing enough to head off the tariffs.Pence said that negotiators had been discussing a potential agreement to make it difficult for those who enter Mexico from other countries to claim asylum in the U.S. 
mortgage applications moved higher last week, led by a jump in requests for refinancing, as home borrowing costs fell to their lowest levels in nearly 17 months, the Mortgage Bankers Association said on Wednesday. The Association's seasonally adjusted index on loan requests to buy a home and to refinance one rose 1.5% to 417.8 in the week ended May 31.  Interest rates on 30-year fixed-rate “conforming” mortgages or loans whose balances are $484,350 or less decreased to 4.23%, which was the lowest since January 2018.A week ago, they averaged 4.33%.
U.S.job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading to the labor market, which could put pressure on the Federal Reserve to cut interest rates this year.
Economic initiatives undertaken by the Japanese government and aggressive easing policies from the country’s central bank have injected new growth momentum into the economy.According to a senior banking executive, however, that’s come with some negative consequences.
A dovish Federal Reserve can use tools such as rate cuts to lessen the damage of America’s tariff skirmishes with China and Mexico, but it is either limited in its effectiveness or in its motivations, two economists told CNBC on Thursday.
This year’s Electronic Entertainment Expo, or E3, has a new entrant and it is raising eyebrows. The world’s largest get-together for some of the biggest names in gaming is set to stage its latest show next week, but one particular name has taken the gaming world by surprise — Google.
There’s still a chance that the U.S. and China could reach a trade deal by the end of this year, but that won’t be enough to cause investors to cheer, according to an investment expert from BlackRock. Isabelle Mateos y Lago, deputy head of BlackRock’s Official Institutions Group, said Friday that any trade deal between Washington and Beijing will likely be “narrow.” That means the deal won’t likely resolve all the tensions between the two countries, she explained.
  Ethan Brown, Beyond Meat's President and Chief Executive Officer, noted that the company upped the ante on both retail and foodservice businesses, as it benefited from first quarter's strong demand.He also expressed that Beyond Meat plans to  expand its distribution network, launch additional innovative products, and invest in growing its infrastructure. Looking ahead, Beyond Meat predicts that revenue would increase 140% over the full year to $210 million – which would lead to an almost break-even adjusted EBITDA.
Even as some analysts raised their price targets for MongoDB following the company’s higher-than-expected first quarter results, its shares declined on Thursday. The software company reported a loss of -22 cents per share for the quarter, which is narrower compared to Wall Street expectations of -24 cents loss.The earnings report was also an improvement over the year-ago quarter’s loss of -37 cents a share. Revenue of $89.4 million also came in higher than analysts’ estimates of $83 million. After the release of the quarterly results, analysts at KeyBanc Capital raised their price target on MongoDB stock to $165 from $150 a share.
Interest rates on U.S. 30-year fixed-rate mortgages fell to their lowest levels since September 2017.This comes as U.S. bond yields fall due to trade tension between United States and its trading partners, Freddie Mac said.  Thirty-year mortgage rates averaged 3.82% in the week ended June 6, down from 3.99% a week ago and 4.54% a year earlier, the mortgage finance agency said.
Mexico says it will use its national guard at its southern border with Guatemala as part of the country’s bid to curb Central American migration.  “We have explained that there are 6,000 men and that they will be deployed there,” Foreign Minister Marcelo Ebrard told reporters in televised remarks as he left a meeting with U.S. officials in Washington.  Ebrard added that Mexico’s talks with the United States about migration will continue on Friday.Trump has threatened to impose tariffs on Mexican imports starting next week if Mexico does not do more to contain the migrant flows.
Sanofi is poised to appoint Paul Hudson, a top executive with Switzerland’s Novartis, to become the French drugmaker’s next CEO from Sept. 1, a source familiar with the decision told Reuters on Thursday.
Over the last four months, the Brazilian stock market has been trading in a different rhythm from the rest of the world’s markets.It has been trending lower since late January/early February while most of the others have been moving higher with the exception of the last month. The iShares MSCI Brazil Capped ETF (NYSE: EWZ) peaked on January 31 and then again on March 19.
Previous
489 of 616
Next