Fastenal Q2 results crush estimates; stock gains 7%
With a client base that includes several large corporate firms, Fastenal (FAST) has been registering sales growth consistently for nearly…
Facebook escapes $2 billion penalty for now, slapped smaller fine
The Cambridge Analytica scandal came biting once again as Facebook (FB) was slapped with a fine of £500,000 ($662,900) by…
JPMorgan Q2 Earnings Preview: Banking stocks might see green
JPMorgan Chase & Co (JPM) is expected to post its earnings before the markets open on Friday. This financial mammoth…
VOXX International Q1 loss narrows on lower expenses
Audio equipment maker VOXX International (VOXX) Tuesday said its net loss narrowed slightly in the first quarter, helped mainly by…
With orders pouring in, Boeing flies above Airbus in first half
A spurt in demand for the latest passenger jets helped Boeing (BA) extend the lead over its European rival Airbus…
Simulations Plus revenue jumps 27% for Q3
Drug discovery and development software developer Simulations Plus (SLP) reported upbeat results in its third quarter with revenue climbing 26.7% to…
BMW: High tariffs bring price hike and production shift
As the US and China fire tariff shots at each other, someone or the other keeps getting hit. This time,…
Forget the hype: 6 headwinds to Netflix’s growth that you neglected
Netflix (NFLX) stock has been trading at a yearly high after a June-end report stated that the cable-killer could see…
Uber invests in e-scooter startup Lime
For commuters, electric scooters are emerging as the need of the hour. Increased demand in e-bikes has led to a…
US economic growth to rebound in Q2
Amidst escalating trade tensions between the US and China, economists have expressed optimism over a strong economic rebound the second…