Chinese company Baidu’s technology will soon be helping deliver grocery for Walmart. California startup Udelv has built self-driving vehicles using Baidu’s open-source autonomous driving software named Apollo, and plans to deploy them for delivering food items for U.S. supermarket chain Walmart.Last year in Arizona, Walmart began testing the waters with a pilot program using Waymo, the self-driving car division of Google's parent company Alphabet.

General Dynamics Information Technology (GDIT) on Monday announced its collaboration with U.S. Navy's Space and Naval Warfare Systems Center (SPAWARSYSCEN) Atlantic (AT) in the form of an $898 million Navy Cyber Mission Engineering Support award contract, aimed at providing state-of-art solutions for the Navy and Marine Corps' warfighting needs. The award contract includes one two-year option ordering period, and one six-month option-to-extend-services  ordering period.Further, GDIT will also aim to compete for individual task orders showcasing its next-generation cyber and electronic warfare solutions, which would be particularly beneficial for the Navy’s foremost national security missions. According to GDIT’s Defense Division and Senior Vice President, Leigh Palmer, the deal is a big win for the company and he is optimistic that GDIT will utilize its decades of engineering and technical expertise to build mission- focused electronic warfare services across the various Na

The South Korean tech giant, Samsung Electronics, on Tuesday announced its Q4 earnings guidance.Samsung expects its consolidated sales for the fourth-quarter to be around 59 trillion won, ~10.57% down from what it was a year ago, compared to analysts’ expectation of 62.8 trillion won. According to the chipmaker, weaker-than-expected demand for memory chips from data center customers resulted in a decline in the number of shipments and a considerable drop in memory chip prices, which in turn impacted profitability.

Shares of the embattled utility company, PG&E, tumbled as much as 17% on Tuesday after S&P Global relegated the utility’s credit rating to junk, with a negative outlook on the back of its potential liability in the California wildfires. S&P downgraded the rating on PG&E and its subsidiary Pacific Power & Gas from BBB-, the lowest tier of investment-grade ratings, to B (which is deep into junk territory) citing political and regulatory pressure and uncertainty surrounding its potential liabilities. To make matters more challenging, PG&E's is likely to face much higher interest rates in the event they need to borrow money to fund penalties and operations.S&P Global also indicated limiting PG&E’s capital access to secured debt issuance, citing credit risk and speculation of a potential bankruptcy, thereby further limiting its financing options. Much like its stock shares, PG&E’s largest bond, a $3 billion note due in March 2034 with a 6.05%

Century-old American multinational, General Motors, announced its plans to introduce a record 20+ new and refreshed models in China in 2019, in an effort to maintain its growth momentum in the world’s largest vehicle market and to tap emerging opportunities in new energy vehicles (NEVs). According to the company, nearly half of the models that are planned for introduction in 2019 will bear new nameplates for GM’s China portfolio, developed by leveraging GM’s global expertise and vehicle design and engineering resources. China has been the largest retail sales market for GM since 2012, but the recent decline in auto sales in China has become an area of concern for the US carmaker.He also added that GM will continue to augment its product mix, backed by its industry-leading technologies and adjacent services, and to explore more opportunities in electrification and autonomous driving in China to drive growth.  

Google is expanding in L.A., the company announced Tuesday.The company has leased the current site of a shopping mall in West Los Angeles that it will turn into a 584,000 square-foot office campus, according to a press release.

Apple’s growing ecosystem of devices and services is “probably underappreciated” by naysayers on Wall Street, CEO Tim Cook told CNBC in an interview Tuesday.READ MORE...

Verizon Communications Inc. added wireless subscribers for seven straight quarters. According to preliminary fourth-quarter results released Tuesday,  the largest U.S. wireless carrier added 1.2 million regular monthly customers in the holiday quarter. Chief Executive Officer Hans Vestberg has been focusing on 5G technology and other wireless segments, after the company’s not-so-smooth ride with its Yahoo and AOL businesses in recent times.The company has embarked on a four-year, $10 billion cost-cutting plan, which included cutting 10,400 jobs through a buyout program last month.

Looking through thousands of charts each week, it is hard to find many stocks that have been able to maintain any kind of upward momentum in the last six months.One stock that I took not of last night was Church & Dwight (NYSE: CHD).

Barbie is finally getting her own big-screen movie. Toy company Mattel said Tuesday it is partnering with Warner Bros.to bring the iconic doll to theaters with Academy Award-nominated actress Margot Robbie to star.READ MORE...

The 1,200-mile (1,900-kilometer) pipeline could potentially carry 830,000 barrels of crude a day from Alberta’s oil sands to U.S. Gulf Coast refiners. In a court filing on Monday, the pipeline company said that pre-construction activities, like setting up pipe yards and work camps, will resume by February, following which full work can start by June and get completed in late 2020 (as reported by Bloomberg).According to TransCanada’s letter filed in U.S. District Court in Montana, a yearlong delay would cost the company $949 million in lost profits and push back the hiring of about 6,600 workers.

Markets from equities to high-yield bonds that have been flashing warning signs are probably an overreaction to slowing growth rather than a precursor of imminent recession, according to J.P. Morgan Chase CEO Jamie Dimon.READ MORE...

Union Pacific Corp.’s stock price jumped +8% in early trading on Tuesday, following the announcement of  Jim Vena as the new chief operating officer (COO) at the railroad company. Railroad industry veteran Vena, 60, worked with the late Hunter Harrison  to implement Harrison’s designed “precision scheduling railroading” (PSR) strategy for improving several railroads. Union Pacific connects 23 states in western United States.Nevertheless, the company adopted the PSR plan on Oct. 1 to improve the situation and to boost profitability by 2020. The appointment of Vena made several analysts more hopeful of Union Pacific’s ability to successfully implement the PSR strategy.

Oracle Corp. founder Larry Ellison owns 1.75% stake – worth $1 billion - in Tesla, making him the second-largest individual investor in the electric car manufacturing company.His holding was confirmed in a filing Tuesday with the U.S. Securities and Exchange Commission (SEC). Tesla co-founder & CEO Elon Musk owns about a fifth of the company, according to data compiled by Bloomberg. According to the filing, Ellison indirectly owns 3 million Tesla shares through the Lawrence J. Ellison Revocable Trust.

Supermarket chain  Kroger and tech giant Microsoft announced a partnership - one that looks like a move towards grabbing space in next gen grocery. Two Kroger pilot stores - in Monroe, Ohio and Redmond, Washington State - will feature digital shelving displays with product information and real-time price updates.Location-specific data will be stored and processed on Microsoft's Azure cloud infrastructure. The digital features are aimed to help shoppers find stuff more quickly and smoothly, and to aid workers at managing stores more efficiently.

Discount retailer Dollar General (NYSE: DG) has held up better than most stocks in recent weeks, which is supported by a relative strength rating of 92 from Investor’s Business Daily.A score of 92 means the stock has performed better than 92% of stocks. Unfortunately for DG, it looks like a bearish pattern has formed on the stock.

Internet dating website operator Match Group (Nasdaq: MTCH) has really strong fundamental indicators, and those strong fundamentals helped push the stock higher in recent years.Match Group has a return on equity of 39% and a profit margin of 24.6%. Despite those fundamental strengths, the stock has dropped significantly as the overall market has declined.

Medical device company Tandem Diabetes Care (Nasdaq: TNDM) had an incredible run for the first eight and a half months of 2018.The stochastic readings also just made a bearish crossover on Wednesday. Something that could be holding the stock back at this point is its fundamental indicators.

Clothing retailer Gap, Inc. (NYSE: GPS) has been trending lower since peaking in January.Most downward sloped trend channels I point out are more clearly defined by the highs. The daily stochastics just hit overbought territory this week and have since made a bearish crossover.

According to the Mastercard SpendingPulse report, retail sales were up 5.1% from December 1 through 24 compared to the same period one year ago. There were interesting pockets where sales increased and decreased.Another area that saw a big increase was apparel with a gain of 7.9%. Enter Ross Stores (Nasdaq: ROST) -- a company I have been watching for quite some time.