Month: July 2018
Earnings Preview: Market cautious as Tesla gears up for crucial earnings report
After losing several million dollars in a stock selloff that followed CEO Elon Musk’s controversial earnings call nearly three months…
Shopify swings to a surprise profit in Q2 on strong revenues
E-commerce technology company Shopify (SHOP) made a modest recovery in the second quarter after staying in the negative territory for…
Pfizer stock falls on weak revenue outlook
Pfizer Inc. (PFE) reported a rise in earnings for the second quarter, helped by the strength of its anchor brands,…
Charter Communications shares rise on Q2 earnings beat
Cable provider Charter Communications (CHTR) topped analysts’ estimate on both the top and bottom lines in its second-quarter result, that…
CBS stock in free fall as board orders probe against Les Moonves
The board of directors of CBS Corp. (CBS) Monday decided to have the sexual misconduct allegations against CEO Les Moonves…
Transocean posts smaller than expected Q2 loss
Transocean Ltd (RIG) continued its losing streak that began more than a year ago and posted a narrower than expected…
Cognex Q2 earnings flat; stock gains
Cognex Corporation (CGNX), a machine vision technology company, reported flat earnings for the second quarter. The company’s stock gained after…
Will last week’s slide sink its ‘FAANGs’ into the tech stocks?
Last week was not a good time for the technology sector. Facebook (FB) and Twitter (TWTR) saw massive stock declines…
T-Mobile to use Nokia’s gear to build its 5G network
As the race to roll out 5G wireless services to the market intensifies, T-Mobile (TMUS) said it is teaming up…