Market News
Lam Research stock rises on Q1 earnings beat
Lam Research’s (LRCX) stock increased about 4% during the extended hours of trading as the company’s first quarter results beat…
CSX stock fluctuates despite doubling profit in Q3
CSX Corp. (CSX) reported better-than-expected earnings in the recently ended third quarter and the stock was fluctuating in the extended…
Uber and Lyft plan IPOs next year but their valuations are poles apart
Uber is preparing for an IPO that could happen in early 2019 and the proposals it received from Wall Street…
Twilio to purchase bulk email sender SendGrid for $2 billion
Twilio (TWLO) will acquire mass email sender SendGrid (SEND) in an all-stock transaction that is valued roughly at $2 billion.…
IBM falls 4% as revenue recovery falters in Q3; earnings beat
The persistent softness in the IBM’s (IBM) top-line performance worsened in the third quarter when revenues dropped and missed analysts’…
Google works on censored China search engine
Google (GOOGL) is in the early development stage on the censored China search engine as confirmed by executive chief Sundar…
Earnings Preview: P&G to walk a tightrope in Q1
Procter & Gamble (PG) is scheduled to announce first-quarter results on October 19 before the opening bell, amidst losing market share…
Walmart feels the pinch of Flipkart deal, sees softer earnings growth next year
Store operator Walmart (WMT) had encountered multiple challenges before making a full-fledged entry into the Indian market earlier this year.…
BlackRock stock falls on weak Q3 revenue
Asset manager BlackRock (BLK) reported a 29% jump in earnings for the third quarter helped by higher non-operating income and…