Market News
Jabil Q1 profit jumps 94% beats estimates
Electronics manufacturing company Jabil Inc (JBL) reported a 94% jump in earnings for the first quarter helped by the positive…
Earnings preview: BlackBerry to post upbeat Q3 results
The once-thriving smartphone maker BlackBerry (BB) is set to release its third-quarter earnings results on Thursday before the bell. The…
Credit Suisse turns bearish on S&P 500 amid volatility, cuts price target
Wall Street is probably set for a not-so-impressive start to 2019, if the current trend is any indication. Compared to…
Earnings preview: Conagra Brands likely to post upbeat Q2 results
Conagra Brands (CAG) is set to report its second-quarter results on Thursday before the market opens. The packaged food company…
Confidence of Twitter users, investors hit by deepening security woes
With incidents of data breach becoming increasingly prevalent, going forward the credibility of social networking platforms will depend on their…
SpaceX to raise $500-million funding from its existing shareholders and a Tesla investor
Elon Musk’s SpaceX is ready to raise $500 million through funding, making the rocket company’s valuation increase to $30.5 billion,…
Worthington Industries Q2 profit dips 14%, misses estimates
Worthington Industries (WOR) reported a 14% dip in earnings for the second quarter due to rising input costs and lower…
Google drops Chinese search engine plans for now
Alphabet Inc.’s (GOOGL) subsidiary Google is said to have shut down the development of a censored search engine for China,…
Major infrastructure investments by FAANG members
Three members of the FAANG group – Apple (AAPL), Amazon (AMZN) and Google have announced major investments for new infrastructure.…
Earnings preview: Dining to pay-off for Darden in Q2
Darden Restaurants Inc. (DRI) is set to report its earnings for the second quarter on Tuesday before the market opens.…