Red Hat shareholders give green signal for acquisition by IBM
The closely-followed acquisition of software company Red Hat (RHT) by tech giant IBM (IBM) moved closer to completion after the...
U.S. Markets News
US stock market overview from AlphaStreet. Get updates on the major US stock exchanges including Dow Jones, NYSE, NASDAQ and S&P.
Netflix’s price hikes might be a good thing
Netflix Inc. (NFLX) is raising its monthly subscription prices in the US. The lowest plan rate will go from $8...
Snap’s stock plunges 11% after news of CFO’s exit
Snap Inc. (SNAP) saw its shares topple 11.7% in morning trade on Wednesday after the company disclosed that its CFO...
Goldman Sachs jump 3% after beating street projections in Q4
Banking giant Goldman Sachs (GS) on Wednesday smashed past analysts’ estimates for the fourth quarter. The company reported quarterly earnings...
Bank of America’s shares get a boost after Q4 results top estimates
Bank of America Corporation (BAC) beat analysts’ expectations on revenue and earnings for the fourth quarter of 2018, sending the...
Microsoft-Walgreens deal highlights an emerging trend in healthcare sector
While the healthcare sector is witnessing a dramatic change in the way companies operate, marked by high-profile partnerships, the tech...
Pacific Gas and Electric stock plunges to all-time low
Pacific Gas and Electric Corporation (PCG) stock plunged to an all-time low of $5.07 on Tuesday as the company would...
Ford and Volkswagen announce partnership to deal with changes in auto industry
Ford Motor Company (F) and Volkswagen AG are teaming up to tackle costs and deal with shifts in the automobile...
Netflix Q4 earnings preview: A clash of content and cash
Following a highly volatile year when the market cap see-sawed between $90 billion and $180 billion, Netflix (NFLX) is reporting...
Tilray inks third deal in less than a month, this time with Authentic Brands Group
In its third deal in less than 30 days, Canadian licensed producer Tilray (TLRY) on Tuesday announced a partnership with...
IHS Markit reports mixed Q4 results
London-based information provider IHS Markit (INFO) reported fourth-quarter earnings that surpassed analysts’ estimates on Friday. Earnings for the quarter came...
Earnings preview: Weakness in trading business may drag Goldman’s Q4 results
For most financial service companies, which are reporting their latest quarterly results, the main concern is the ongoing softness in...
Earnings preview: Higher costs likely to dampen BlackRock’s Q4 results
BlackRock Inc. (BLK) will report earnings results for the fourth quarter of 2018 on Wednesday, January 16. Wall Street expects...
Earnings preview: Bank of America to benefit from trading in Q4
Bank of America (BAC) is set to report its earnings for the fourth quarter on Wednesday before the bell. Investors...
Earnings preview: Wall St to measure Wells Fargo’s confidence in Q4
Amidst escalating geo-economic tensions, Wells Fargo (WFC) is scheduled to report fourth quarter results on Tuesday, January 15. The Wall...
Chinese stockpiling might pull Alcoa Corp fourth-quarter earnings down
American industrial giant Alcoa Corp (AA) is expected to post its fourth-quarter results after the market closes on Wednesday, Jan....
Earnings preview: Strong Q4 results might lift UnitedHealth Group’s stock
UnitedHealth Group (UNH) is scheduled to report fourth-quarter 2018 earnings results on Tuesday, January 15. Analysts expect the company to...
Shaw Communications stock jumps on upbeat Q1 earnings
Shaw Communications Inc. (SJR) reported a 68.5% jump in earnings for the first quarter helped by continued growth in Wireless,...
Aviation slowdown might catch up with United Airlines in fourth quarter results
United Airlines parent United Continental Holdings (UAL) has been having a good run so far, but the slowing trend in...
Earnings preview: JPMorgan will brave global headwinds in Q4
JPMorgan Chase (JPM) is scheduled to report fourth-quarter results on Tuesday, January 15, amidst high global economic tension and increasing...
Huawei remains in spotlight, but for all the wrong reasons
It seems there is no end in sight for the controversies surrounding Chinese tech company Huawei. While security agencies for...