Month: December 2018
Dollar rallies for third day on impending Fed rate hike
Dollar rallied for the third day, especially after indications of a possible US interest rate hike the coming week. However,…
Market: US futures point to higher open on trade-talk optimism
US futures are pointing to a higher open in the stock market today after ending flat on Tuesday. Wall Street…
Tencent Music starts trading today, raises about $1.1 bn in IPO
Following months of uncertainties, Tencent Music Entertainment will finally debut on the New York Stock Exchange today under the symbol…
Photronics’ Q4 results beat estimates
Photronics Inc. (PLAB) beat analysts’ expectations on both revenue and earnings for the fourth quarter of 2018. Despite the beat,…
Arrowhead Pharmaceuticals reports a loss of 12 cents per share in Q4
Arrowhead Pharmaceuticals (ARWR) reported Q4 and fiscal 2018 earnings results after the bell today. For the fourth quarter ended September 30,…
American Eagle Q3 earnings rise; stock falls on revenue miss, guidance
Specialty apparel retailer American Eagle Outfitters (AEO) reported higher revenues and earnings for the third quarter. However, the top-line and…
Google CEO Sundar Pichai tells Congress his side of the story
After Facebook (FB), it was pal Google’s turn to face Congress. The Alphabet (GOOGL) subsidiary’s CEO, Sundar Pichai, testified before…
Dave & Buster’s Q3 profit falls 2.5% but beats estimates
Dave & Buster’s Entertainment (PLAY) reported a 2.5% decline in earnings for the third quarter due to an increase in…
Shareholders clear decks for Dell to return to public markets
By securing shareholders’ approval for the buyout of Dell’s (DVMT) tracking shares, CEO Michael Dell Tuesday cleared probably the final…
We might soon get self-navigating ships, thanks to this AI startup
Three friends — Ugo Vollmer, Clement Renault and Antoine de Maleprade — who once used their skills to hack radio-controlled…