Month: January 2019
Symantec stock jumps after Q3 earnings, revenue beat estimates
Shares of security software maker Symantec Corp. (SYMC), which is currently facing an extensive probe into accounting practices, gained sharply…
Cypress Semiconductor soars after beating Q4 earnings and revenue projections
Cypress Semiconductor Corp. (CY) Q4 earnings and revenue surpassed analysts’ estimates. The company reported EPS of $0.35 on revenue of…
Amazon Q4 profit jumps 63%, beats estimates
Amazon Inc. (AMZN) reported a 63% jump in earnings for the fourth quarter helped by higher sales and Prime holiday…
Earnings preview: Storage demand to drive Seagate Q2 results
Seagate Technology plc (STX) is scheduled to report its second-quarter earnings results on Monday after the market closes. The results…
French competition regulator seeks clarification on Google Ads
Just weeks after France’s data protection watchdog slapped a $57.5 million fine on Alphabet’s Google Inc (GOOGL) for the alleged…
Northrop Grumman Q4 results beat; stock slips on weak guidance
During the quarter, adjusted net profit jumped to $851 million or $4.93 per share from $266 million or $1.52 per…
Altria’s shares gain after Q4 results match expectations
Altria Group Inc. (MO) reported revenue and earnings in line with consensus estimates for the fourth quarter of 2018. Shares…
Luxembourg creates national ‘AI lab’ with NVIDIA
Luxembourg, one of the smallest countries in Europe, joined hands with microchip and graphics card giant Nvidia (NVDA) to launch…
Ferrari’s stock jumps 10% after Q4 earnings top expectations
Ferrari NV’s (RACE) shares soared 10.2% in morning trade on Thursday after the company beat estimates on earnings for the…