Audi to debut e-tron electric SUV in September
Luxury carmaker Audi has confirmed to debut the most-anticipated all-electric “e-tron quattro SUV” on September 17 this year in San...
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Fallen Angels: A look at Facebook and Twitter stock declines
Social media platforms Facebook (FB) and Twitter (TWTR) would make a good pair now. Both reported their earnings this week,...
Economy gathers steam; Q2 GDP growth is quickest since 2014
The US economy expanded at the fastest pace in about four years, in line with expectations, as households and enterprises...
Qualcomm ends two-year struggle to acquire NXP
The speculations revolving Qualcomm – NXP Semiconductors takeover has finally been put to rest after the US chipmaker officially terminated...
Shareholders overwhelmingly approve Disney-Fox merger
Clearing the way for one of the largest corporate takeovers in recent times, shareholders of Disney (DIS) and 21st Century...
Phillips 66 posts upbeat earnings in Q2
Phillips 66 (PSX) reported revenues of $29.7 billion for the second quarter of 2018, up 23% from the same period...
Colgate-Palmolive shares dip on Q2 revenue miss
Colgate-Palmolive (CL) stock declined more than 2% during the premarket trading, after the toothpaste maker’s second-quarter sales missed analysts’ expectations,...
Rockwell Collins earnings rise in Q3, but miss estimates
Rockwell Collins (COL), a leading supplier of communications and avionics equipment, said its earnings increased in the third quarter aided...
Overseas sales boost Under Armour topline in Q2
On Thursday, Under Armour (UA, UAA) witnessed a surge in its share price after the company beat top-line estimates during...
Chevron earnings rise on production spike, but miss street view
Strong production growth and the oil price boom lifted Chevron’s (CVX) profit in the second quarter. Earnings, however, missed analysts’...
Exxon Mobil shares fall on Q2 earnings miss
Oil and gas company Exxon Mobil (XOM) witnessed a 3% drop in its share price after it missed analysts’ earnings...
Merck posts upbeat Q2 results
Pharma giant Merck (MRK) reported a 12.4% dip in earnings for the second quarter as higher costs offset a dip...
Twitter tumbles on slow user growth in Q2
Twitter Inc. (TWTR) reported a 24% increase in total revenues to $711 million for the second quarter of 2018 compared...
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...
New drug sales power Amgen’s Q2 results
In the midst of Amgen (AMGN) facing intense competition for its blockbuster products from its rivals, the pharma company posted...
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...
Face-Off: Amazon’s facial recognition tool really messed up this time
Amazon’s (AMZN) facial recognition tool Rekognition misidentified 28 Congress members as illegal suspects. The tool was tested by the American...
LIVE BLOG: Amazon Q2 2018 earnings call
Amazon shares are up about 3.2% at 6 PM ET Conference call ends Seeing good traction in Prime memberships Amazon’s...
Comcast shares rise on upbeat Q2 earnings
Shares of Comcast (CMCSA) rose 4% after it reported a stronger-than-expected earnings growth in its second quarter, boosted by the...
Electronic Arts Q1 profit dips; stock falls on weak guidance
Earnings of video game publisher Electronic Arts (EA) declined in the first quarter of 2019 when a sharp fall in...
Data-centric business drives Intel’s Q2 earnings, but stocks slip
Intel (INTC) reported a 78% jump in earnings for the second quarter helped by strong growth in data-centric business and...