Month: July 2018
AMD defies crypto blues; stock jumps as Q2 results beat street view
Semiconductor firm Advanced Micro Devices (AMD) reported upbeat earnings for the second quarter when revenues surged as the strong demand…
Facebook misses on topline in Q2; stock crashes 9%
Facebook’s shares tumbled 9% Wednesday after it reported second-quarter revenue that missed street expectations. Revenue grew 42% to $13.23 billion…
Boeing’s strong aircraft deliveries lift Q2 results
Boeing (BA) reported a 26% jump in earnings for the second quarter as higher commercial deliveries and defense contract volume…
GM stock falls after guidance cut; Q2 earnings beat estimates
General Motors shares plunged Wednesday after the company lowered its full-year earnings guidance to reflect higher commodity prices, mainly owing…
AT&T reports upbeat Q2 profit post Time-Warner deal
Telecom giant AT&T Inc. (T), which completed the acquisition of Time Warner, reported a 31% jump in earnings for the…
Facebook enters China; turns to local talent for ‘innovation’
Facebook (FB) is the latest among the American companies trying to gain a foothold on Chinese soil, after the recent…
Texas Instruments profit jumps 36%, tops estimates
Just a week after Brian Crutcher resigned due to a breach of the code of conduct, Texas Instruments (TXN) reported…