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Month: July 2018

Eli Lilly beats Q2 estimates; stock surges

Eli Lilly (LLY) reported second quarter results which exceeded the consensus estimate. Shares of Eli Lilly were trading up about…

Earnings Preview: Boeing earnings might soar in Q2

Boeing (BA) received a whopping $100 billion worth of orders and commitments in the recently concluded Farnborough Airshow. With strong…

Verizon Q2 profit rises on subscriber growth, tops view

Telecommunications giant Verizon (VZ) reported its second-quarter results Tuesday, the last quarterly results under CEO Lowell McAdam who will be…

LIVE BLOG: Alphabet Q2 2018 earnings call

After-market hours, stock is up 5% at 5:30 PM ET at $1,257.99 In terms of the investment priorities, Alphabet believes…

Earnings preview: Embattled Facebook expected to maintain momentum in Q2

The social networking site Facebook (FB) is set to report second-quarter earnings on Wednesday, 25th July, after the market close.…

US home sales slide for third consecutive month

Sales of existing homes in the US fell for the third consecutive month in June. A shortage in inventory and…

Snapcash will face judgment day soon

Snap (SNAP) is reportedly ending Snapcash, its mobile payment service, by August 30 after struggling in the crowded peer-to-peer payment…

Alphabet stock gains as Q2 earnings surge past estimates

A further spike in ad sales lifted Google parent Alphabet’s (GOOG, GOOGL) earnings in the second quarter, when the company…

Atos seeks to broaden US footprint with Syntel acquisition

French IT firm Atos SE announced plans to acquire the US IT services provider Syntel Inc. (SYNT) for $3.4 billion.…

Earnings preview: AMD well poised to tackle challenges

Advanced Micro Devices Inc. (AMD) had a strong turnaround in the first quarter, and the stock gained more than 70%…