Market News

Catastrophe losses to dampen American International Group Q3 results

American International Group (AIG) is set to post its third-quarter results on Wednesday after the market close. The insurer is…

Cloud security business lifts Akamai’s Q3 earnings

Akamai Technologies’ (AKAM) shares were up above 7% during the post-market trading hours as the company reported strong results for…

Boeing stock sinks after crash involving 737 MAX 8

Investor sentiment took a beating Monday after a 737 MAX 8 aircraft carrying 188 passengers, operated by Indonesian low-cost airline…

Walmart planning a cashierless Sam’s Club store in Texas

It’s no secret that Walmart Inc. (WMT) is giving tough competition to Amazon.com Inc. (AMZN). Now Walmart’s retail warehouse chain…

Earnings preview: Fitbit likely to continue its dismal performance in Q3

When Fitbit (FIT) reports its third-quarter results on October 31 after the market closes, analysts expect the company to post…

T-Mobile deal to take center stage as Sprint reports Q2 results

Telecom carrier Sprint Corp. (S) is set to report its second-quarter results on Wednesday before the bell. Analysts expect the…

IBM’s cloud push gets a boost from $34-billion Red Hat buyout

Hurt by the ongoing slump in the PC market and overdependence on the low-margin core business, IBM (IBM) is expanding…

Weatherford posts narrower-than-expected Q3 loss

Weatherford International plc (WFT) reported a narrower loss in the third quarter helped by improved efficiencies and reduced expenses as…

Earnings Preview: Analysts wait for Electronic Arts Q2 2019 result

Electronic Arts (EA) is scheduled to report its Q2 2019 results on Tuesday, Oct 30. The gaming giant now expects…

Companies reporting earnings this week: Oct 29 – Nov 2

A slew of major companies are reporting earnings this week. Industrial conglomerate General Electric (GE) will announce third-quarter earnings on…