Market News
Facebook enters China; turns to local talent for ‘innovation’
Facebook (FB) is the latest among the American companies trying to gain a foothold on Chinese soil, after the recent…
Texas Instruments profit jumps 36%, tops estimates
Just a week after Brian Crutcher resigned due to a breach of the code of conduct, Texas Instruments (TXN) reported…
Verizon eyes partnership with Apple or Google to deliver 5G TV
Telecom giant AT&T (T) and Verizon Communications (VZ) are the two companies that have made bold promises to roll out…
Intel earnings preview: Data-centric biz is the key
Intel Corporation (INTC) is scheduled to report second-quarter earnings on Thursday after the market closes, and analysts are looking at…
Quest Diagnostics profit jumps 14% in Q2
Quest Diagnostics Incorporated (DGX) posted a 3% improvement in net revenues of $1.92 billion for the second quarter of 2018…
Biogen stock gains on upbeat Q2 results
Biotechnology giant Biogen (BIIB) reported second-quarter results that exceeded analysts’ estimates, pushing the shares up more than 5% during pre-market…
Earnings Preview: Boeing earnings might soar in Q2
Boeing (BA) received a whopping $100 billion worth of orders and commitments in the recently concluded Farnborough Airshow. With strong…
LIVE BLOG: Alphabet Q2 2018 earnings call
After-market hours, stock is up 5% at 5:30 PM ET at $1,257.99 In terms of the investment priorities, Alphabet believes…
Snapcash will face judgment day soon
Snap (SNAP) is reportedly ending Snapcash, its mobile payment service, by August 30 after struggling in the crowded peer-to-peer payment…
Atos seeks to broaden US footprint with Syntel acquisition
French IT firm Atos SE announced plans to acquire the US IT services provider Syntel Inc. (SYNT) for $3.4 billion.…