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Weak Macros drag Western Digital’s Q2 earnings

Data storage provider Western Digital (NASDAQ: WDC) reported weaker-than-expected Q2 results. The company continues to be impacted by falling NAND…

Earnings preview: Defense contracts to drive Lockheed Martin Q4 results

Defense contractor Lockheed Martin (LMT) is scheduled to post its fourth-quarter earnings results on Tuesday before the bell. The company…

US unemployment applications drop to 49-year low amid government shutdown

The number of applications for unemployment benefits in the US dropped close to a 49-year low last week. Data from…

Chipmakers, airlines rally lift the Nasdaq despite government shutdown, trade war

On January 24, Thursday, airline stocks and chipmakers lifted the Nasdaq, especially on a day that China-US trade war and…

Autonomous flying taxi nears reality after Boeing conducts test flight

For most people, autonomous flying taxi is yet another science fiction concept, even after the first successful tests were conducted…

Freeport-McMoRan misses Q4 earnings and revenue estimates; stock drops

Freeport-McMoRan’s (FCX) Q4 earnings of 11 cents per share and revenue of $3.68 billion fell short of analysts’ views and…

Huawei looks to topple Samsung as top smartphone maker despite US ban

Chinese smartphone giant Huawei Technologies Co Ltd announced its plan to become the world’s biggest-selling smartphone vendor in 2019, despite…

Former Tesco finance executive Carl Rogberg cleared of fraud in 2014 scandal

Tesco’s former senior director Carl Rogberg on Wednesday was officially cleared of charges related to false accounting and fraud slapped…

Lam Research exceeds Q2 earnings and revenue estimates; stock jumps

Lam Research (LRCX) second quarter 2019 earnings and revenue surpassed analysts’ estimates and shares were trading in the upward direction after…

What to look out for in Western Digital’s Q2 earnings report tomorrow

Western Digital (WDC) is set to release its second quarter fiscal 2019 earnings results on Thursday after the bell. On…