Verizon reported its first-ever quarterly loss of subscribers, even as it offered an unlimited data plan in an attempt to fend off smaller rivals like T-Mobile US and Sprint.
On the other hand, shares of Visa jumped after the world’s largest payments network operator says it expects full-year profit at the high-end of its forecast.
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Tesla pulls the brake
The luxury electric car maker announced it would recall 53,000 of its Model S and Model X cars globally to fix a parking brake issue.
Bubble-spotting is hard, and rare
The market probably isn’t in a bubble and your consideration of the matter sets you on a path to do more harm then good, writes Reuters columnist James Saft.