Technology


Amazon to acquire Whole Foods in $13.7 billion deal

On Friday, WalMart announced it is buying men's online clothing retailer Bonobos for $310 million. "The first thing Amazon is going to do in this acquisition is to remove all those third-party vendor services", he said. The deal brings with it some notable risks - both on account of the company-specific problems that the acquisition target has, and the new skills that Amazon will need to learn to make the deal fully pay off.


Amazon to buy Whole Foods Market

Amazon to buy Whole Foods Market

USA stocks are lower Friday as Amazon's $13.4 billion deal for Whole Foods Market is sending grocery stores, big retailers, and food makers and distributors sharply lower. Supermarket chains were already in trouble. With Whole Foods, Amazon gets an established business that it can transform through its technology and supply network expertise.


Earnings Analysis Of Exxon Mobil Corporation (XOM)

Earnings Analysis Of Exxon Mobil Corporation (XOM)

Superior Energy Services, Inc. It has underperformed by 13.79% the S&P500. Equities research analysts predict that Exxon Mobil Corporation will post $3.90 earnings per share for the current fiscal year. Therefore 36% are positive. Exxon Mobil Corporation has a one year low of $79.26 and a one year high of $95.55. Simmons boosted their price objective on Exxon Mobil Corporation from $76.00 to $81.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 19th.



Microsoft won't be making any money on the Xbox One X

Microsoft's Xbox One X will not launch until later this year but it already has a growing game library, including a number of exclusives. Both consoles offer 1 TB storage, but the Xbox One X also has a 4K/HDR Blu-ray player, which you can't find on the PS4 Pro .


Apple Openly Ventures Into The Self-driving Car Market

Apple Openly Ventures Into The Self-driving Car Market

Cook was still cagey about Apple's endgame, saying only that the company is "focusing on autonomous systems". Cook has never before openly outlined Apple's plans. Are we looking at a future with two major autonomous vehicle systems just as we now have two major smartphone systems? "Apple clearly needs to branch out from its reliance on smartphones, but the actual markets for autonomous cars have yet to be established, and demand is likely to vary wildly according to situation and place", ...


Trump Spokesperson Calls Obstruction Of Justice Investigation

Trump Spokesperson Calls Obstruction Of Justice Investigation "Outrageous"

Accusations of obstruction arose last month when Trump fired FBI Director James Comey . Trump's legal team quickly denounced the report on Wednesday. But Comey did lay out facts that a prosecutor could use to try to prove obstruction, as NPR's Domenico Montanaro noted . He said he was untroubled by claims Trump tried to persuade Comey to back off the investigation, saying those revelations only emerged after Comey was sacked and wanted to defend himself.