Market News
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…
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…