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Market News

LIVE BLOG: Amazon Q2 2018 earnings call

Amazon shares are up about 3.2% at 6 PM ET Conference call ends Seeing good traction in Prime memberships Amazon’s…

Data-centric business drives Intel’s Q2 earnings, but stocks slip

Intel (INTC) reported a 78% jump in earnings for the second quarter helped by strong growth in data-centric business and…

Mastercard stock falls despite Q2 earnings beat

A marked increase in revenues lifted Mastercard’s (MA) earnings, which surpassed analysts’ forecast in the second quarter. However, shares of…

LIVE BLOG: Facebook Q2 2018 earnings call

When the market opens on Thursday, Facebook is expected to register its steepest one-day decline since it became a public company.…

PayPal’s stock tumbles despite earnings beat

PayPal (PYPL) which has been on an acquisition hunt in the last two months reported its second-quarter results after the…

Qualcomm drops NXP deal, stock climbs on upbeat Q3 results

Qualcomm (QCOM) reported a 41% jump in earnings for the third quarter driven by solid execution, including strong results in…

Upbeat Q2 results no help to Gilead Sciences as CEO resignation sends shares down

Lower product sales and prescription trends continued to batter Gilead Sciences (GILD), as earnings slipped more than 40% in the…

Fiat Chrysler cuts outlook; auto legend Sergio Marchionne passes away

Fiat Chrysler Automobiles N.V. (FCAU) stock opened lower and remained grounded after an unexpected 35% dip in profit for the…

Netflix, YouTube are the Pied Pipers of cord-cutting

Netflix (NFLX) has been giving traditional cable companies nightmares for quite some time now. Several major companies in the entertainment…

Grubhub shares skyrocket on Q2 earnings beat and strong outlook

Online food-ordering platform Grubhub (GRUB) reported earnings and revenue for the quarter ended June 30, 2018 topping Wall Street consensus.…