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Month: March 2020

Where will PepsiCo’s acquisition spree lead?

PepsiCo Inc. (NASDAQ: PEP) appears to be on an acquisition spree. In the time span of just over a year,…

Slack Technologies (WORK) stock plunges despite upbeat Q4 2020 bottom and topline results

Slack Technologies (NYSE: WORK) reported a loss of 4 cents per share on revenue of $181.9 million for its fourth…

Broadcom (AVGO) stock drops as Q1 results fall short of expectations; guides Q2

The coronavirus crisis had a heavy impact on the shares of Broadcom Inc. (NASDAQ: AVGO), which plunged to a three-year…

DocuSign tops Q4 EPS by 7 cents; stock jumps 8%

DocuSign Inc. (NASDAQ: DOCU) on Thursday posted better-than-expected results for the fourth quarter, as the company continued to see influx of…

Oracle’s (ORCL) Q3 results beat expectations

Oracle Corporation (NYSE: ORCL) topped revenue and earnings forecasts for the third quarter of 2020, allowing the stock to gain…

Adobe (ADBE) Q1 profit beats estimates, guides Q2 earnings above view

Adobe Inc. (NASDAQ: ADBE) reported a 42% jump in earnings for the first quarter of 2020 backed by higher revenues.…

Avis Budget Group (CAR) stock dips to 8-year low on future prospects

Avis Budget Group Inc. (NASDAQ: CAR) stock plunged to an 8-year low of $14.17 on Thursday as the investors were…

Fresh hope for Covid-19 patients as AbbVie (ABBV) leads studies on HIV drug

For some of the leading drugmakers, currently, the first priority is to find an effective treatment for Covid-19, which was…

58.com (NYSE: WUBA): Q4 2019 Earnings Snapshot

— 58.com Inc. (NYSE: WUBA), which operates online classifieds and listing platforms, reported adjusted earnings of $4.63 per ADS for…

Market: US futures point to a lower open due to travel ban

The futures are pointing to a lower open on Thursday as the spread of the COVID-19 or coronavirus enabled the…