Market: Stocks to open higher as more earnings results pour in
US futures are pointing to a higher open today after ending higher on Tuesday, as earnings from major US companies...
New products drive sales at Abbott in Q1
Healthcare company Abbott Laboratories (ABT) reported worldwide sales of $7.4 billion for the first quarter of 2018, an increase of...
Here is why Tesla suspended Model 3 production
The temporary shutdown of Tesla’s Model 3 sedan production at Fremont raised some questions on the company’s plan of action....
Active trading lifts Morgan Stanley results in Q1
Morgan Stanley (MS) — the last major investment bank to report earnings — soundly exceeded market expectations during the first quarter...
Amazon finds the healthcare space a hard nut to crack
Rumors surrounding Amazon’s (AMZN) foray into the trillion-dollar healthcare market had not only grabbed widespread media attention; it had also...
Facebook scandal: How far does it go?
There appears to be no end to the Facebook mess. The whole saga that started with Cambridge Analytica has now...
United Airlines beats street estimates amidst rising fuel costs
United Airlines (UAL) reported its first-quarter results on Tuesday after the closing. The company reported adjusted earnings of $0.50 per...
Intuitive Surgical profit soars 59% on da Vinci procedures demand
Intuitive Surgical (ISRG), the creator of the da Vinci robotic-assisted surgical system, reported a first-quarter profit that exceeded market consensus....
IBM shares plunge on downbeat outlook
Earnings of technology conglomerate IBM (IBM) declined in the first quarter, despite strong cloud revenue lifting the top line. However,...
Boring Company gets more funding, but hurdles galore
Elon Musk seems to have taken the conventional route this time to raise money for Boring Company. The tunnel-digging firm...
Walmart overhauls shopping website to close the gap with Amazon
There is hardly anything Walmart (WMT) has not pursued in its efforts to stay relevant in the highly competitive retail...
Twitter outage is trending on Facebook!
Earlier on Tuesday, Twitter (TWTR) went offline for some time. Many users reported that the website and smartphone apps of...
Sanofi nears deal to sell its generic business unit Zentiva
Pharma sector is currently going through a volatile phase with companies shifting business models, either by divesting or swapping their...
Navistar shares rev up as Volkswagen eyes truck-maker buyout
German automaker Volkswagen has been passing through testing times over the past few years, and the crisis triggered by the...
Lower first-quarter expenses aid UnitedHealth as it raises full-year outlook
By keeping medical expenses in check despite a heavy flu season, the largest healthcare insurer in the US, UnitedHealth Group...
Market: Stocks set for higher open as focus shifts to earnings
US futures are pointing to a higher open today after ending higher on Monday, as investors shifted their focus from...
Goldman Sachs tops estimates; profit jumps 25%
Multinational investment banking titan Goldman Sachs (GS), which has been trying to recover its foothold in its critical trading units...
Tesla halts Model 3 production. AGAIN.
Tesla said it is temporarily halting production of its Model 3 sedan for four to five days for the second...
Cancer drugs lift Johnson & Johnson’s sales in Q1
Pharmaceutical giant Johnson & Johnson (JNJ) reported a 12.6% increase in sales to $20 billion for the first quarter of...
Xerox CEO faces suit after pushing Fujifilm deal
Xerox (XRX) chief Jeff Jacobson faces a fresh lawsuit from a major shareholder of the company for pursuing a deal...
April 16: Top 52-week highs and lows of the day
Medical device maker AngioDynamics Inc. (ANGO) touched a new yearly high of $20.35 on Monday. According to a Market Insights...