Deutsche Bank plans a major overhaul of operations
Deutsche Bank AG (DB) is planning a major overhaul of its operations after reporting disappointing results for its first quarter...
Marketing spend hurt Expedia Group results
Travel company Expedia Group (EXPE) reported a wider loss in the first quarter of 2018, primarily due to higher costs...
Data-centric businesses lift Intel’s first quarter results
Chipmaker Intel (INTC) reported its first-quarter results after the closing bell, with earnings and sales topping analyst estimates. The company...
Cloud segment drives Microsoft’s Q3 beat; stock gains on bullish outlook
Information technology behemoth Microsoft (MSFT) posted marked growth in third quarter revenue and profit beat analyst estimates, yet again by...
Amazon stock gains 7% after Q1 results crush street view
Amazon (AMZN) today said its first-quarter profit more-than-doubled as revenues rose sharply, supported by the cloud division, surpassing market expectations....
LendingClub shares sink after FTC files complaint
Just a few months after LendingClub agreed to settle a lawsuit relating to CEO Renaud Laplanche ‘s departure disclosure to...
Chipotle shares surge as new CEO Brian Niccol lays out turnaround plan
After a series of food safety scandals, it looks like Chipotle (CMG) is finally celebrating its comeback, thanks to the...
Nasdaq’s bullish gesture brings cheer to crypto investors
When the concept of digital currency first manifested in the form of Bitcoin nearly a decade ago, what made investors...
If you are looking to buy Apple stock, a chance may be up for grabs soon
Along with reporting its first quarter earnings that came in line with market expectations, Samsung Electronics today delivered some distressing...
Alexion beats earnings and sales estimates; raises guidance
Shares of biopharma company Alexion (ALXN) opened up 7% when market started today after it reported a rise in Q1 2018...
Market: Stocks advance after economic data
US stock market opened higher today as seen from major index futures, following the release of certain economic data. Also,...
eBay stock falls on lower earnings, downbeat outlook
Earnings of e-commerce giant eBay (EBAY) dropped sharply in the first quarter, despite an increase in revenues, even as it...
Mobile payments boost PayPal profit for Q1
Online payments system PayPal (PYPL) reported better than expected first quarter profit and revenue results beating consensus estimates. Revenue came...
Domino’s sees healthy growth in first quarter
Domino’s Pizza Inc. (DPZ) reported a 25.8% growth in total revenues to $785 million for the first quarter of 2018....
Fitbit is betting on Versa for a revival
Fitbit’s (FIT) foray into the competitive smartwatch space a few years ago was an effort to turn the table with...
Humira lifts AbbVie’s first-quarter results
AbbVie’s first quarter results topped analyst consensus both on earnings and sales front, driven by double-digit sales growth from Humira,...
Social media: EU clamps down, forcing a chain of privacy regulations
Following the Facebook-Cambridge Analytica scandal and the lengthy debate on data privacy and protection, the European Union has decided to...
American Airlines’ quarterly profit crashes on fuel concerns
The world’s biggest airline American Airlines Group Inc. (AAL) reported a 45% plunge in first-quarter earnings due to higher fuel...
Restructuring costs drag GM earnings in Q1; Results beat estimates
General Motors (GM), the largest automobile manufacturer in the US, reported a decline in first quarter earnings, hurt by one-time...
PepsiCo beats market estimates with refreshing first-quarter results
Food and beverage company PepsiCo (PEP) reported first-quarter 2018 results, with earnings and revenue beating analysts expectation. The company reported...
Strong travel demand lifts Southwest Airlines in first quarter
Southwest Airlines (LUV) reported a 1.9% increase in total operating revenues to $4.9 billion for the first quarter of 2018,...