Uber’s first-day share drop cost new investors a record US$617 million. Is the market losing its appetite for serial loss-makers?
Apple's Tim Cook has said the tech giant is mainly looking to acquire intellectual property and talent when it buys up companies.
In the US, the Nasdaq and the S&P both closed down 0.5% after having tumbled earlier. The Dow Jones finished down 0.3%, having lost almost 1.8% earlier in the day.
The technology company reported US$36.3 billion in revenue, representing a 17% increase but also its slowest revenue growth for a quarter since 2015.
The OECD Economic Outlook, a twice-yearly forecast of megatrends by The Organisation for Economic Co-operation and Development (OECD), has signalled major disruptions to the job market in the immediate future thanks to automation.
The company reported revenue of US$87.9 million and a net loss of US$29.9 million in 2018, but has big plans for the booming plant-based meat market.
The US President and the Trump Organization commenced legal proceedings last night in a Washington D.C District Court.
Shares in Netflix were slightly down after a somewhat underwhelming forecast on Tuesday 16 April.
The tropical skin disease of river blindness is endemic across Africa and some pockets of South America, with around 120 million people at risk of contracting it.