June 20, 2019

Slack stock surges at debut, values company at more than $25 billion

Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at […]
June 20, 2019

Factbox: What is Slack?

Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, went public via a direct listing on June 20, instead of the more popular […]
June 20, 2019

Apple says U.S. tariffs on China to hurt global competitiveness

Apple Inc said proposed U.S. tariffs on goods from China, including iPhones, iPads, and Macs, will reduce the company’s contributions to the U.S. economy and hurt […]
June 20, 2019

Goldman slashes Tesla price target by $42 on demand concerns

Goldman Sachs on Thursday cut its price target on Tesla Inc by 21%, to third lowest on the Street, on concerns about the sustainability of demand […]
June 20, 2019

S&P 500 hits all-time high as Fed signals rate cuts

The S&P 500 index hit a record high on Thursday, after the Federal Reserve indicated that it could cut interest rates as soon as next month […]
June 20, 2019

Renault will vote to back Nissan’s move to give it boardroom seats

French carmaker Renault, which is looking to preserve and strengthen its alliance with Nissan, said it would vote in favor of a move by Nissan to […]
June 20, 2019

Kroger same-store sales miss in U.S. grocery struggle

Kroger Co fell short of Wall Street estimates for quarterly same store sales on Thursday as fierce competition from Walmart Inc and Amazon.com Inc worked against […]
June 20, 2019

Slack to take unusual route to public markets, likely valuing it around $16 billion

Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New […]
June 20, 2019

Oil jumps 3% toward $64 as Iran shoots down U.S. drone in Gulf

Oil rose more than 3% toward $64 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military confrontation between […]
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