Toby
Expedia stock surges on topping estimates in Q2
Online travel services provider Expedia Group (EXPE) reported lower profits in the second-quarter of 2018, primarily hurt by increased marketing…
Loyalty members, sales push Starbucks profit higher in Q3
Coffee-shop chain Starbucks posted third-quarter earnings on Thursday, with net revenue jumping 11% to a record $6.3 billion. Profit was…
Spotify’s family plan boosts subscriber growth in Q2
Music streaming giant Spotify (SPOT) released its second-ever earnings report in which, it posted a wider loss of EUR 2.20…
Upbeat Q2 results no help to Gilead Sciences as CEO resignation sends shares down
Lower product sales and prescription trends continued to batter Gilead Sciences (GILD), as earnings slipped more than 40% in the…
Twitter earnings preview: Don’t worry about the user count
Twitter (TWTR) has had an incredible run so far this year, gaining as much as 75% in stock value. There…
Facebook misses on topline in Q2; stock crashes 9%
Facebook’s shares tumbled 9% Wednesday after it reported second-quarter revenue that missed street expectations. Revenue grew 42% to $13.23 billion…
Verizon eyes partnership with Apple or Google to deliver 5G TV
Telecom giant AT&T (T) and Verizon Communications (VZ) are the two companies that have made bold promises to roll out…
3M reports 7.4% rise in revenue
Industrial mammoth 3M (MMM) today reported second-quarter results that easily topped analysts expectations. The company reported earnings of $3.07 a…
Desperate for profits, Musk turns to suppliers for refund
In almost 15 years of its existence, Tesla (TSLA) has never made a profit. But despite its liquidity woes, the…
OPINION: See the full picture before bashing Elon Musk
Tesla chief and eccentric billionaire Elon Musk has been in the news recently for all the wrong reasons. His involvement…
Merck joins pharma giants in lowering drug prices
The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday…
UnitedHealth might turn suitor for Tenet’s Conifer unit
UnitedHealth Group (UNH), a diversified healthcare company, has been named as a possible suitor in the sale of Tenet Healthcare’s…
Alibaba deepens offline presence by investing in Focus Media
Alibaba (BABA) is not happy with its dominance in China’s digital ad industry; it is now working to expand its…