Apple is almost a $1 trillion company, but watch out for Amazon
SAN FRANCISCO (Reuters) – Apple is on the verge of becoming the first $1 trillion publicly listed U.S. company, but even if it gets there, it could soon be overtaken…
Walmart may launch IPO for Flipkart in as early as four years
MUMBAI (Reuters) – Walmart Inc (WMT.N) said on Saturday in a filing with a U.S. regulator that it may take India’s Flipkart public in as early as four years, detailing…
Crypto concerns push Nvidia shares lower
(Reuters) – Shares of Nvidia Corp (NVDA.O) fell 2 percent on Friday as investors worried that a short-term surge in demand for graphics chips from cryptocurrency miners may be undermining…
Walmart to buy controlling stake in India’s Flipkart for $16 bln
MUMBAI/NEW YORK (Reuters) – Walmart Inc (WMT.N) will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer’s largest-ever deal, in an attempt…
Updated Google virtual assistant makes complex calls for users
MOUNTAIN VIEW, Calif.(Reuters) – Alphabet Inc’s (GOOGL.O) Google on Tuesday showed off an updated virtual assistant that can call restaurants, hair salons and other businesses to check hours and make…
Lack of Wall Street back-office deters mainstream crypto investments
NEW YORK (Reuters) – Mundane back-office concerns are giving pause to potential investors in digital currency hedge funds who have otherwise warmed up to the volatile asset class. FILE PHOTO:…
Exclusive: Hudson’s Bay seeks to revive Lord & Taylor’s fortunes
(Reuters) – Hudson’s Bay Co (HBC.TO) is working with investment bankers and consultants to identify deals and new measures to turn around its Lord & Taylor department store chain, once…
Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price.…
Amazon unsuccessfully approached UK supermarket Waitrose in 2017: Sunday Times
LONDON (Reuters) – Amazon (AMZN.O) made an unsuccessful informal attempt to buy upmarket British supermarket chain Waitrose late last year, the Sunday Times newspaper reported. FILE PHOTO: Waitrose shopping carts…
Buffett draws them in even as Berkshire comes up short
(Reuters) – He thinks of himself as a teacher, and to many he is an icon. But to Wall Street, Warren Buffett is something quite different. Berkshire Hathaway CEO Warren…