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Active trading lifts Morgan Stanley results in Q1

Morgan Stanley (MS) — the last major investment bank to report earnings — soundly exceeded market expectations during the first quarter…

Amazon finds the healthcare space a hard nut to crack

Rumors surrounding Amazon’s (AMZN) foray into the trillion-dollar healthcare market had not only grabbed widespread media attention; it had also…

Facebook scandal: How far does it go?

There appears to be no end to the Facebook mess. The whole saga that started with Cambridge Analytica has now…

United Airlines beats street estimates amidst rising fuel costs

United Airlines (UAL) reported its first-quarter results on Tuesday after the closing. The company reported adjusted earnings of $0.50 per…

Intuitive Surgical profit soars 59% on da Vinci procedures demand

Intuitive Surgical (ISRG), the creator of the da Vinci robotic-assisted surgical system, reported a first-quarter profit that exceeded market consensus.…

IBM shares plunge on downbeat outlook

Earnings of technology conglomerate IBM (IBM) declined in the first quarter, despite strong cloud revenue lifting the top line. However,…

Boring Company gets more funding, but hurdles galore

Elon Musk seems to have taken the conventional route this time to raise money for Boring Company. The tunnel-digging firm…

Walmart overhauls shopping website to close the gap with Amazon

There is hardly anything Walmart (WMT) has not pursued in its efforts to stay relevant in the highly competitive retail…

Twitter outage is trending on Facebook!

Earlier on Tuesday, Twitter (TWTR) went offline for some time. Many users reported that the website and smartphone apps of…

Sanofi nears deal to sell its generic business unit Zentiva

Pharma sector is currently going through a volatile phase with companies shifting business models, either by divesting or swapping their…