Month: July 2018
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…
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…