Market News
Merck posts upbeat Q2 results
Pharma giant Merck (MRK) reported a 12.4% dip in earnings for the second quarter as higher costs offset a dip…
Expedia stock surges on topping estimates in Q2
Online travel services provider Expedia Group (EXPE) reported lower profits in the second-quarter of 2018, primarily hurt by increased marketing…
New drug sales power Amgen’s Q2 results
In the midst of Amgen (AMGN) facing intense competition for its blockbuster products from its rivals, the pharma company posted…
Face-Off: Amazon’s facial recognition tool really messed up this time
Amazon’s (AMZN) facial recognition tool Rekognition misidentified 28 Congress members as illegal suspects. The tool was tested by the American…
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…