X

Month: May 2018

Robust iPhone sales drive Apple’s Q2 revenues past expectations

Apple’s (AAPL) revenues increased sharply in the second quarter supported by strong performance by iPhone, amidst increasing concerns over the…

Redesign woes hurt Snap’s first quarter revenues

Snap’s first quarter results fail to impress investors. Revenue improved 54% to $230.6 million compared to last year, but missed…

Gilead Sciences stock slips after Q1 results miss consensus

Gilead Sciences (GILD) reported a 43% dip in earnings for the first quarter due to lower product sales and prescription…

Twitter signs ad and live content deal with Disney’s ESPN

Twitter (TWTR) shares witnessed some strong upward movement after the company announced a deal with Disney’s (DIS) ESPN. The stock…

Boeing to buy KLX for $3.25 billion

Aircraft manufacturer Boeing Co. (BA) agreed to buy aircraft parts supplier KLX Inc. for $3.25 billion. Boeing will pay $63…

Fitbit adopts Google Cloud API

A sector that can benefit immensely from machine learning technology and artificial intelligence is healthcare if the safety aspects are…

Ford bids adieu to sedans in US

On the first day of October, 1908, Henry Ford unveiled the first Model T car from Piquette Avenue plant in…

Market: Stocks down ahead of Apple results, Fed meeting

US stock market opened lower today as seen from major index futures as investors await the Federal Reserve’s policy update…

Seagate tops third quarter earnings and revenue estimates

Data storage company Seagate Technology (STX) reported third-quarter 2018 results that beat consensus estimate on the top and bottom line.…

Merck reports strong first quarter sales helped by Keytruda

Pharma giant Merck (MRK) reported a 6% increase in worldwide sales to $10 billion for the first quarter of 2018…