Amazon: this giant is going nowhere
Amazon.com Inc. (AMZN) delivered solid results on its second-quarter earnings last week. The company posted increases for all its key...
Huawei outstrips Apple, Samsung in shipment growth
Chinese technology company Huawei has outstripped Samsung and Apple (AAPL) in terms of shipment growth. Apple had on Tuesday reported...
Battered by stock plunge, FB looks to WhatsApp for revenue
Popular messenger WhatsApp has decided to charge marketing and promotional messages disseminated by enterprises. The move comes after Facebook recently...
Startup firm Bird plans to expand into international markets
Electric scooter ride-sharing company Bird is expanding beyond the US for the first time. In its latest announcement, the startup...
Elon Musk faces two lawsuits from “whistleblowers”
Tesla (TSLA) CEO Elon Musk is facing lawsuits in two separate cases from employees who claim to be whistleblowers. The...
Live Blog: Tesla second quarter earnings conference call
Stock is up about 9% to $327.50 at 7:00 PM ET Call ends. Musk says self-funding is the...
T-Mobile stock rises on upbeat earnings and subscriber adds
T-Mobile US (TMUS) reported Q2 earnings and wireless customer additions that both topped analysts’ views. The company reported its quarterly...
Ferrari races to 18% jump in Q2 profit
Italian sports carmaker Ferrari N.V. (RACE) reported an 18% growth in earnings for the second quarter helped by higher volume...
Fitbit reports lower losses than expected, shares up 5%
The maker of fitness trackers, Fitbit (FIT), reported a net loss that almost doubled to 49 cents per share in...
ADP Q4 earnings fall 59% hurt by pre-tax charges
HR services provider Automatic Data Processing (ADP) today reported a steep 59% decline in Q4 2018 earnings. This decrease was...
Strong deliveries lift Tesla’s Q2 revenue to record high; loss widens
Electric car maker Tesla (TSLA) Wednesday reported record revenues for the second quarter and reiterated its promise to become profitable...
Humana beats on Medicare Advantage plans, raises outlook
Health insurer Humana (HUM) today reported its second-quarter earnings that surpassed analysts’ forecast, mainly due to surge in enrollment in...
Chesapeake shares fall after weak top line in Q2
Chesapeake Energy (CHK) slipped to a loss in the second quarter from a profit last year, due to lower revenue...
Sprint stock gains after Q1 results beat estimates
Telecommunications giant Sprint Corp. (S), which recently entered into a merger agreement with rival T-Mobile (TMUS), Wednesday said its first-quarter...
Garmin reports solid Q2 results; raises outlook
Garmin Ltd. (GRMN) surpassed market expectations on revenue and pro forma EPS numbers for the second quarter of 2018 and...
Earnings preview: It’s safe to bet on Activision’s digital dominance
As gaming giant Activision Blizzard (ATVI) prepares for the second-quarter earnings release, after reporting a record-high profit in the previous...
Uber to shift focus from self-driving trucks to cars
Uber is planning to shut down its self-driving truck operations in order to devote its entire attention to self-driving cars....
Bitcoin falls 5%, turns risky investment
Bitcoin has turned out to be a very risky investment as can be confirmed by the 5% fall of the...
Tyson Foods shares plunge after profit outlook cut, blames Trump’s Tariffs
Tyson Foods (TSN) cut its annual profit forecast, blaming the uncertainty surrounding the brewing trade war as well as volatility...
Food safety scandals continue to haunt Chipotle
Chipotle (CMG) was still recovering from a string of food safety lapses that occurred in 2015. The prolonged crisis had...
GE: Next to go will be digital assets
General Electric Co. (GE) plans to put certain assets of its digital unit, GE Digital, up for sale. It is...