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Market News

Fred’s stock crashes on news of additional store closures

Fred’s Inc.’s (NASDAQ: FRED) shares plummeted over 20% in afternoon trade on Thursday as the company announced that it is…

Microsoft teams up with Sony for cloud gaming, artificial intelligence

Tech majors Microsoft (Nasdaq: MSFT) and Sony (NYSE: SNE) put aside their differences this week and joined hands to explore…

Bio-Path’s stock tanks as company delivers loss for Q1

Bio-Path Holdings Inc.’s (NASDAQ: BPTH) shares were down 3.2% in morning hours on Thursday after the company reported its first…

Frontline swings to profit in Q1, beats estimates

Frontline Ltd. (FRO), which engages in the seaborne transportation of crude oil and oil products, swung to a profit in…

Earnings: Kemet Q4 results exceed expectations; stock gains

Kemet Corp. (NYSE: KEM), a leading manufacturer of electronic components, Thursday said its fourth-quarter profit and sales increased and surpassed…

Walmart beats estimates on Q1 earnings but misses on revenue

Walmart Inc. (NYSE: WMT) surpassed market expectations on earnings for the first quarter of 2020 but revenues missed the mark.…

NetEase delivers a big earnings beat in Q1

Primarily helped by its gaming and e-commerce segments, NetEase Inc (Nasdaq: NTES) reported its first-quarter revenues of $2.74 billion, up…

Titan Pharmaceuticals posts wider-than-expected Q1 loss

Titan Pharmaceuticals (TTNP) reported a wider loss in the first quarter of 2019 due to lower revenues and higher operating…

Cisco Systems stock up on stellar Q3 results, solid revenue outlook

Shares of the Cisco Systems (CSCO) increased 3% after the third quarter results surpassed estimates aided by strong growth across…

Jack in the Box Q2 earnings beat Street view; revenues miss

Fast-food restaurant chain Jack in the Box (Nasdaq: JACK) reported higher earnings and revenues for the second quarter. Earnings topped…