New round of tariffs could put pressure on Apple Watch and Fitbit
The new set of tariffs proposed on $200 billion of Chinese imports is likely to hit several gadgets such as...
Kansas City Southern Q2 earnings tops estimates
Railroad operator Kansas City Southern (KSU) reported 16% jump in earnings, which topped analysts forecasts, aided by the strong performance...
OPINION: See the full picture before bashing Elon Musk
Tesla chief and eccentric billionaire Elon Musk has been in the news recently for all the wrong reasons. His involvement...
Merck joins pharma giants in lowering drug prices
The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday...
North America upswing lifts Schlumberger’s Q2 profit
The oilfield service sector continues to benefit from the rising crude prices, which has been encouraging petroleum companies to ramp...
General Electric posts adjusted EPS of $0.19 for Q2; beats estimates
Industrial conglomerate General Electric (GE) reported its second-quarter earnings before the bell today. The company reported a beat on revenue...
Honeywell posts 8% growth in Q2 sales
Honeywell International Inc. (HON) reported an 8% increase in sales to $10.9 billion during the second quarter of 2018. Sales...
Unshaken by Android fines, Alphabet stands tall ahead of earnings
Though Google parent Alphabet (GOOG, GOOGL) has long been ramping up its non-core businesses, programmatic advertising and mobile search continue...
Costco stock flies to yearly high on comps run
The shares of Costco Wholesale (COST) touched a new yearly high of $218.20 on Thursday, with few analysts touting the...
Intuitive Surgical Q2 profit surges 14% beating estimates
Intuitive Surgical (ISRG), the creator of the da Vinci robotic-assisted surgical system, reported a second-quarter profit that exceeded market consensus....
Skechers stock slips 23% on weak guidance
Shares of the footwear giant Skechers plummeted more than 20% in the extended hours of trading due to weak guidance....
UnitedHealth might turn suitor for Tenet’s Conifer unit
UnitedHealth Group (UNH), a diversified healthcare company, has been named as a possible suitor in the sale of Tenet Healthcare’s...
A rather ungracious exit for Papa John’s founder
It’s not easy to part ways with the company you founded. It’s even harder when you have to leave the...
Comcast lets go of Fox; wants to pursue Sky
Comcast Corporation (CMCSA) decided to abandon its pursuit of 21st Century Fox (FOX), finally putting to rest all the speculations...
LIVE BLOG: Microsoft Q4 2018 earnings call
During the after-market hours, Microsoft stock is up 3.3% at 7:30 PM ET The company sees accelerating enterprise deployment of...
Alibaba deepens offline presence by investing in Focus Media
Alibaba (BABA) is not happy with its dominance in China’s digital ad industry; it is now working to expand its...
Tesla dips on cautious stance on Model 3 production
Tesla (TSLA) stock opened its trading in the red zone on Thursday and remained grounded as investors remained cautious about...
Microsoft missive on new Xbox hardware keeps everyone guessing
It’s been a long time since Microsoft (MSFT) provided updates on the Xbox hardware. Already excited over the company’s impressive...
Microsoft stock rises on upbeat Q4 earnings
Microsoft (MSFT) reported better-than-expected results for the fourth quarter 2018. Non-GAAP earnings of $1.13 per share on revenue of $30.08...
Move over, Apple! Amazon might be the first trillion-dollar company
Amazon.com Inc. (AMZN) is catching up fast with Apple Inc. (AAPL) in the race to reach $1 trillion in market...
United Rentals posts upbeat Q2 results
Equipment rental operator United Rentals (URI) reported a 91% jump in earnings for the second quarter driven by higher rental...