Tesla’s stock plummets on news of job cuts and lower Q4 profits
Tesla Inc. (TSLA) saw its shares plunge over 7.9% in premarket hours on Friday after the company announced that it…
China cries foul after global move against ZTE, Huawei
Beijing on Thursday said that the proposed actions of the US government against ZTE, Huawei and other telecom equipment firms…
Legal charges drag JB Hunt’s Q4 earnings
Trucking and logistics provider J.B. Hunt Transport Services (NASDAQ: JBHT) reported its fourth-quarter results after the bell. The firm reported…
Facebook acts tough as Russia-linked groups pose perennial challenge
After a tumultuous year marked by a series of scandals and allegations, Facebook (FB) is leaving no stone unturned to…
American Express posts upbeat Q4 earnings
Credit card operator American Express (AXP) swung to a profit in the fourth quarter from a loss last year as…
Netflix shares drop after Q4 revenue miss estimates
In the fourth quarter, Netflix (NFLX) added 8.8 million paid subscribers around the world, surpassing its own projection of 7.6…
Google will buy smartwatch technology from Fossil for $40 million
Alphabet Inc.’s (GOOGL) subsidiary Google is buying smartwatch technology worth $40 million from Fossil Group (FOSL). The sale involves technology…
Tailored Brands stock drops to 17-month low
Tailored Brands (TLRD) stock fell to a 17-month low of $11.37 on Thursday as the specialty apparel retailer lowered its…
Why Ligand Pharma, Viking Therapeutics tumbled yesterday, but is gaining today
Shares of Ligand Pharmaceuticals (LGND) took a beating on Wednesday after a bearish report by Citron Research led by short-seller…