Amazon shares ended the US trading day higher Monday as JP Morgan raised its price target on the tech giant. The move higher and positive analyst action, comes despite a number of recent issues, including legal action from France and an €100 million back tax payment to Italy. read »last month
Thales shares are trading higher early Monday, following news over the weekend that it’s surprise bid for Dutch cybersecurity business Gemalto. The deal comes soon after Gemalto rejected a bid from French digital business Atos. read »last month
Tencent shares moved higher Monday, following news the company was investing in an online retailer, Vipshop. The move comes just days after China’s largest internet business announced it was purchasing a stake in Yonghui Superstores. read »last month
The Luxembourg finance ministry has today challenged the European Commission’s ruling that Luxembourg should recover around €250 million in back takes from Amazon. Amazon shares closed higher Thursday and are poised to move further into the green, Friday. read »last month
Amazon shares remain popular with the online retailer and tech giant staying busy as the holiday shopping frenzy gathers pace. Just this week, Amazon has announced an expansion of its same-day delivery capabilities in the US and its cloud services in China. read »last month
Tech giant Apple, is reportedly in talks to buy UK music recognition app, Shazam. Reports put the deal at around the £300 billion mark. No official details have yet been published on the talks.
Apple shares closed little changed in the US Friday trading session, at $169.37. Pre-trade activity in Apple shares is currently positive.
read »last month
Facebook shares received an upbeat review from freshly initiated coverage by Evercore ISI. The financial services group was also positive on other FANG stocks, in a recent research note to clients. read »last month
In a row that has simmered over the past two years between Google and Amazon, tempers appear to have flared in the latest spat between the two global tech giants. Google shares and Amazon shares both closed higher in Tuesday’s US trading session. read »last month
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