Agilent stock plunge on weak guidance
Agilent Technologies (A) continued its year-long streak of beating analysts’ earnings estimates and followed the same for the second quarter,...
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Lyft discloses market share numbers
Uber-rival Lyft has finally revealed its market share numbers. The company said, over the past 18 months, its contribution to...
Facebook revokes user-data access of over 200 apps
As Facebook’s (FB) shares inched 0.4% up in pre-market trading on Monday, the embattled social media giant revealed it has...
Gannett buys WordStream to smarten up digital marketing offerings
In an aggressive move aimed at augmenting its digital marketing solutions, USA Today parent Gannett (GCI) acquired Massachusetts-based WordStream for...
Roku Q1 loss narrows on strong platform revenues; stock gains
TV streaming platform Roku Inc. (ROKU) Wednesday reported a narrower net loss for the first quarter when overall performance improved...
Facebook overhauls management structure, with focus on privacy
Facebook (FB) has brought about some fundamental changes to the organizational structure, after winding up the first quarter with blockbuster...
Walmart shares plunge after announcing mammoth deal with India’s Flipkart
Supermarket veteran Walmart started its full-scale invasion into the cutthroat Indian e-commerce market, as it announced buying a majority stock...
Electronic Arts stock up 2.5% on Q4 earnings beat
Earnings of video game maker Electronic Arts (EA) rose sharply in the fourth quarter as broad-based market share expansion lifted...
Comcast gets in the way of Fox and Disney
Here comes a new twist in the whole Comcast-Sky-Fox-Disney tussle. Comcast (CMCSA) is said to be in discussions with investment...
Uber’s flying car one step closer to take-off
Complementing a prediction by its CEO earlier this year, ride-sharing company Uber unveiled the prototype of its flying car Tuesday,...
Intercontinental Exchange may soon have a bitcoin trading platform
Intercontinental Exchange (ICE) is building a platform where one can trade bitcoins, according to multiple media reports. ICE ventured into...
Global coffee alliance: Nestlé joins hands with Starbucks
In a mammoth coffee mix, Swiss giant Nestlé will team up with American sweetheart Starbucks (SBUX) to sell its coffee...
Tyson Foods tumbles in pre-market on weak second quarter results
Tyson Foods (TSN) that specializes in chicken products missed earnings and sales estimates in its second quarter sending the shares...
Former Volkswagen CEO indicted over emissions scandal
The US Justice Department indicted Volkswagen’s former CEO Martin Winterkorn for conspiring with fellow executives to cover up the diesel...
Elon Musk clarifies on his ‘surreal’ earnings call performance
Two days ago, Tesla Inc. (TSLA) reported a huge quarterly loss, and then CEO Elon Musk went on to do...
Alibaba Q4 results beat estimates on strength of core commerce
Alibaba Group (BABA) reported double-digit growth in its fourth quarter earnings and revenues, aided by strong performance in its core...
Call of Duty drives Activision’s Q1 earnings to record high
Video game developer Activision Blizzard (ATVI) said today its first-quarter earnings and revenues hit an all-time high helped by strong...
GoPro beats revenue and earnings estimates; net loss narrowed
The struggling consumer technology company GoPro reported better than expected sales and earnings for the first quarter, with the numbers...
Spotify stock falls 7% on dismal outlook, after first earnings report
Continuing the trend that began nearly a decade ago, Spotify (SPOT) reported a loss for the first quarter despite higher...
Fitbit shines even as it dials down outlook
In a market session that saw Garmin fly high with earnings, the day got better for the wearables market after...
Tesla faces new lawsuit from smaller rival Nikola Motor
Tesla (TSLA) is facing a fresh lawsuit from its competitor Nikola Motor, who claims that Elon Musk’s company duplicated its...