Microchip Q1 earnings beat street view; stock falls on weak guidance
Revenues of semiconductor firm Microchip Technology (MCHP) rose sharply in the first quarter aided by strong demand for its flagship...
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JCPenney aims to capitalize on Babies R Us closure
JCPenney (JCP) may be struggling to stay relevant in a difficult retail environment, but the closure of Babies R Us...
IPO fears send Albertsons, Rite Aid apart
Rite Aid (RAD) and have Albertsons decided to terminate their $24 billion merger agreement due to stiff opposition from investors...
The first holographic smartphone is getting delayed
According to the latest reports, the most eagerly awaited Google (GOOGL) Android offering of the year, the Red Hydrogen One,...
Tribune-Sinclair merger falls flat amid regulatory intervention
An attempt by two leading media firms to join the consolidation wave sweeping the industry failed this week, days after...
Boeing’s Q3 deliveries to be hit as suppliers struggle with rising demand
On a visit to Boeing’s (BA) assembly plant in Renton, you would be amazed to find a large number of...
Dropbox Q2 results beat estimates; stock falls on COO’s resignation
Cloud storage company Dropbox (DBX) reported a narrower loss in the second quarter as paid users growth and per-user revenue...
Mars trek nears reality as Boeing, SpaceX aim for the sky
Whenever companies engage in healthy competition and try to outsmart each other, they continuously come under the scrutiny of the...
Plug Power Q2 revenue surges 75%
Hydrogen fuel cell maker Plug Power Inc (PLUG) reported a 75% increase in its second-quarter revenue to $39.9 million, in...
Viacom beats earnings expectations; misses on revenue
Viacom (VIAB) beat analyst expectations on adjusted earnings numbers for the third quarter of 2018 but missed out on revenue...
Booking’s solid Q2 results fail to impress the street
Booking Holdings (BKNG) reported better-than-expected second quarter results before the opening bell. The company, which was supposed to post its...
Himax topline misses estimates despite 20% growth
Shares of the fabless semiconductor company, Himax Technologies (HIMX), fell 2% during the pre-market trading after its revenue missed analysts...
Novavax narrows its loss in Q2; stock surges
Novavax (NVAX) reported its second quarter results after the bell with a narrowed net loss on strong revenue jump. The...
Monster Beverage Corp posts upbeat Q2 earnings
Monster Beverage Corporation (MNST) reported a 21% jump in earnings for the second quarter driven by higher net sales from...
Roku moves closer to profitability; stock jumps 8% on Q2 beat
Continuing the strong momentum that started after going public nearly a year ago, Roku (ROKU) emerged from the negative territory...
Yelp shares jump 6% after smashing past estimates
Crowd-sourced review forum Yelp (YELP) reported better-than-expected revenue during the second quarter, helped by strong growth in the core advertising...
Can Disneyflix usurp Netflix?
The credit for the most disruptive business model of the century arguably belongs to Netflix (NFLX), at least in the...
Trade war: Fresh Chinese tariffs dim hopes for near-term resolution
The trade standoff between Washington and Beijing seems to be escalating into an intense economic warfare. The immediate effect of...
Earnings Preview: Dropbox to store more bytes in Q2
Dropbox (DBX) is likely to report its earnings for the second quarter on Thursday after the market closes. After beating...
Ahead of Disney deal, 21st Century Fox posts surge in Q4 profit
21st Century Fox (FOXA) beat analyst expectations on revenue and adjusted EPS numbers for the fourth quarter of 2018. The...
Now, Amazon woos shoppers with 30-minute grocery pickup
After ramping up its grocery offerings through the acquisition of Whole Foods last year, Amazon (AMZN) has been striving hard...