Top company news of the day
$Lyft Inc(LYFT.US)$ to sell the autonomous-driving unit to Toyota for $550 million
The ride-hailing company says the sale will help it attain a certain measure of profitability sooner than expected.
$Alphabet Inc-CL A(GOOGL.US)$ bundles products to land Univision cloud deal
The deal with the Spanish-language broadcaster shows how Google is leveraging other parts of its operation to drive business to its cloud division.
$Tesla, Inc.(TSLA.US)$ posts record earnings at start of turbulent year
The electric-vehicle maker said first-quarter sales jumped around 74% from the same period a year earlier to $10.4 billion, generating $438 million in net profit.
$Apple Inc(AAPL.US)$ to build new campus in North Carolina
The technology company said the move would create at least 3,000 jobs in machine learning, artificial intelligence, software engineering and other fields in the Raleigh-Durham metropolitan area.
China starts probe into $Meituan-W(03690.HK)$ as internet-industry crackdown widens
The investigation comes after dozens of China's largest technology companies, including Meituan, earlier this month publicly pledged to comply with antimonopoly laws.
Top global markets news of the day
Investors stay hungry for inflation-protected bonds
Demand for inflation-protected bonds remains high despite a recent decline in Treasury yields, indicating that investors have long-term concerns about the impact of economic growth on interest rates.
China's March industrial profit nearly doubled on year
China's industrial profit soared 92.3% in March from a year earlier, as both production and sales grew rapidly, official data showed.
Bitcoin mania helps fund's returns, but Crypto push leads to downgrade
Morningstar said the Emerald Advisers fund was taking on too much cryptocurrency risk.
Source: Dow Jones Newswires