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Month: July 2018

LIVE BLOG: Facebook Q2 2018 earnings call

When the market opens on Thursday, Facebook is expected to register its steepest one-day decline since it became a public company.…

PayPal’s stock tumbles despite earnings beat

PayPal (PYPL) which has been on an acquisition hunt in the last two months reported its second-quarter results after the…

Visa shares surpass 52-week high on strong Q3 results

Credit card giant Visa (V) reported upbeat results for its third quarter ending June 30, 2018. The company’s shares, which…

China, Europe issues force Ford Q2 profit down

Ford Motor Company (F) reported declines in revenues and earnings for the second quarter of 2018 due to certain production…

Qualcomm drops NXP deal, stock climbs on upbeat Q3 results

Qualcomm (QCOM) reported a 41% jump in earnings for the third quarter driven by solid execution, including strong results in…

Upbeat Q2 results no help to Gilead Sciences as CEO resignation sends shares down

Lower product sales and prescription trends continued to batter Gilead Sciences (GILD), as earnings slipped more than 40% in the…

Fiat Chrysler cuts outlook; auto legend Sergio Marchionne passes away

Fiat Chrysler Automobiles N.V. (FCAU) stock opened lower and remained grounded after an unexpected 35% dip in profit for the…

Netflix, YouTube are the Pied Pipers of cord-cutting

Netflix (NFLX) has been giving traditional cable companies nightmares for quite some time now. Several major companies in the entertainment…

Twitter earnings preview: Don’t worry about the user count

Twitter (TWTR) has had an incredible run so far this year, gaining as much as 75% in stock value. There…

Grubhub shares skyrocket on Q2 earnings beat and strong outlook

Online food-ordering platform Grubhub (GRUB) reported earnings and revenue for the quarter ended June 30, 2018 topping Wall Street consensus.…