Nasdaq and technology stocks are sending up warning flares that the broader market may be getting ready for a late-summer sell-off. The Dow surged above 22,000 for the first time ever Wednesday, and the S&P 500 and Nasdaq also rode higher after Apple’s strong earnings cast a positive glow across the market. But those gains evaporated and the Dow was just slightly higher for most ... Read More »
Tag Archives: warning
Sony Surprises With Profit Warning on Sale of Battery Business
HIGHLIGHTS Sony to concentrate on videogames, entertainment and camera sensors Expects JPY 270 billion in operating profit for year ending in March Sony to sell its battery business for about JPY 17.5 billion Sony Corp cut its annual profit outlook due to losses related to the sale of its battery business – disappointing a market that had been hoping for ... Read More »
VR in India indicates warning and Optimism
HIGHLIGHTS large gamers are getting into the VR media enterprise in India. manufacturers remain sceptical of the capacity of the medium for now. Media advent is taking place in movies, advertising and marketing, and even healthcare. when Parth Choksi visited Camp Nou – the home of soccer membership FC Barcelona – some years in the past, he knew he become ... Read More »