Market News
Alibaba rises on Q1 revenue beat, despite China concerns
E-commerce giant Alibaba Group (BABA) wrapped the June quarter with broad-based revenue growth, sending the company’s stock higher in premarket…
Star Wars coming to smartphones through Zynga-Disney deal
There is hardly any other video game that matches the Star Wars in terms of popularity and the number of…
Earnings Preview: Will Alibaba prove its mettle in Q1?
Alibaba (BABA) is scheduled to report its first quarter results for fiscal 2019 on Thursday before the bell. The e-commerce…
Royal Bank of Canada Q3 profit jumps 11%
Royal Bank of Canada (RY) reported an 11% increase in earnings for the third quarter driven by benefits from North…
Target Q2 results top estimates amid record traffic growth; stock rallies
A record increase in store traffic pushed up the sales multi-brand retailer Target Corp. (TGT) in the second quarter, resulting…
Trump flays Fed for interest rate hikes
President Donald Trump has lashed out at the Federal Reserve chairman Jerome Powell, alleging that the latter is more interested…
Microsoft crackdown uncovers more Russian cyber-attacks
Microsoft (MSFT) has come out with a politically sensitive disclosure that could bring a new twist in the US-Russia relations,…
Uber appoints Nelson Chai as CFO
Ride-sharing firm Uber, which is expected to file its IPO during the end of the next year, appointed Nelson Chai…
Medtronic stock rallies after Q1 results top estimates
Medical technology company Medtronic plc (MDT) reported better than expected results for the first quarter of 2019. Encouraged by the…
Urban Outfitters earnings preview: fashion to take center stage
Urban Outfitters (URBN) is expected to post second-quarter results on Tuesday after the bell. Analysts are expecting earnings to more…