Pokemon Go takes over neighborhoods while Amazon rules the skies

The markets traded mixed during the midday with the Dow rising 18 points to 18,551. Nasdaq fell 21 points to 5,034.


Augmented reality mobile game Pokemon Go has become a global sensation with players wandering neighborhoods in 35 countries capturing Pokemon. Shares of Nintendo have more than doubled since the immensely popular game launched on July 6. McDonald's will sponsor the launch of Pokemon Go in Japan and is working on an official partnership deal.


21st Century Fox co-chairman Rupert Murdoch, co-chair Lachlan Murdoch and chief executive James Murdoch are expected to remove Roger Ailes from Fox News in the wake of a sexual harassment and retaliation lawsuit filed against the cable news network's co-founder. Law firm Paul, Weiss, Rifkind, Wharton & Garrison has been hired to investigate the allegations. While some Fox News anchors have publicly supported Ailes, sources have said that Megyn Kelly provided investigators with details about unwanted sexual advances that Ailes made towards her ten years ago.


Amazon received a patent for a "multi-use unmanned aerial vehicle docking station system." It appears that Amazon will create a network of drones and docking stations, which will be located on top of light posts or cell towers, to quickly deliver packages to customers. The docking stations could provide weather updates to reroute drones or be used to provide Wi-Fi in public places.


In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 4 points to 2,162. Bitcoin slipped $2 to $663.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.