Bank of America posts EPS of 63 cents in Q2
Bank of America (BAC) reported second-quarter earnings of $6.8 billion, or $0.63 per share in Q2, topping market consensus as...
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BlackRock tops Q2 earnings expectation
Asset manager BlackRock (BLK) topped analysts’ earnings estimate during Q2 2018, even as revenue growth came in line with the...
Bank stocks JPMorgan and Citi fail to impress on earnings day
JPMorgan Chase & Co (JPM) on Friday posted an upbeat profit on revenue in line with analyst consensus. However, this...
China’s trade surplus with US hits all-time high as tariffs backfire
When the trade standoff between the world’s largest economies intensified in recent weeks, market watchers had cautioned that a further...
Microsoft calls for stricter regulation of face recognition tech
Microsoft (MSFT) has always upheld certain principles while carving a niche for itself in the tech industry, and one of...
Intel nabs custom chipmaker eASIC
Intel (INTC) is securing its dominant position as a chipmaker with a new deal. The Santa Clara- based company has...
DOJ unwilling to let go, plans appeal against AT&T-Time Warner deal
The US Department of Justice will appeal against the approval of AT&T’s (T) acquisition of Time Warner (TWX). Following a...
Tech stocks returned maximum value to investors in last 5 years: BCG
Eight out of the top 10 value-creation stocks compiled by BCG came from technology or semiconductor industries. Nvidia (NVDA) and...
Infosys misses Q1 earnings estimates; maintains FY19 outlook
Software services company Infosys (INFY) reported a marginal decline in its earnings for the first quarter of 2019, missing the...
Wells Fargo slides after missing Q2 earnings
Banking giant Wells Fargo (WFC) reported downbeat results both on earnings and revenue front amid the pressure from the federal...
It’s a whopping $4.7 billion penalty for Johnson & Johnson in talcum powder case!
Johnson & Johnson (JNJ) has been asked to pay a fine of close to $4.7 billion in a lawsuit filed...
Citigroup earnings beat view; stock dips on revenue miss
Investment banking firm Citigroup (C) Friday came out with mixed results for the second quarter, when earnings rose sharply and...
PNC tops Q2 earnings estimate on higher NII
PNC Financial Services (PNC) reported strong Q2 2018 results. The company smashed past consensus estimates on both the top and...
JPMorgan reports solid results for Q2 2018; beats analyst expectations
JPMorgan Chase & Co. (JPM) reported revenues of $27.8 billion for the second quarter of 2018, in line with analyst...
MacBook gets a surprise makeover, with extra speed and power
The credit for Apple’s (AAPL) improved position in the global PC market this year mainly goes to MacBook, its flagship...
Tesla’s ambitious plans for Model 3 and Gigafactory 3
Tesla (TSLA) achieved its production goal of 5,000 units a week for its Model 3 cars by the end of...
Uber axes self-driving vehicle operators in Pittsburgh and SF
Three months after a self-driving Uber car killed a 49-year-old woman during its testing operations in Arizona, the ride-hailing company...
Netflix earnings preview: Get ready to hit the bull’s eye
Netflix (NFLX) is scheduled to report second-quarter results on July 16 after the closing bell and the bulls are getting...
For you, a thousand times over, Comcast tells Sky with a higher bid
Comcast Corporation (CMCSA) raised its offer for Sky plc (SKY) to $34 billion, beating 21st Century Fox’s (FOX) $32.5 billion-bid....
Snowflake-Microsoft deal shows retailers prefer Azure over Amazon Web Services
With the reach of cloud services expanding to new markets rapidly, corporate computing is undergoing a revolution. The mass migration...
Alphabet’s Verily teams up with ResMed to tackle sleep apnea
The healthcare-based subsidiary of Alphabet (GOOGL), Verily, and medical equipment company ResMed (RMD) will join forces to form a JV...