Market News
Skechers stock slips 23% on weak guidance
Shares of the footwear giant Skechers plummeted more than 20% in the extended hours of trading due to weak guidance.…
A rather ungracious exit for Papa John’s founder
It’s not easy to part ways with the company you founded. It’s even harder when you have to leave the…
LIVE BLOG: Microsoft Q4 2018 earnings call
During the after-market hours, Microsoft stock is up 3.3% at 7:30 PM ET The company sees accelerating enterprise deployment of…
Alibaba deepens offline presence by investing in Focus Media
Alibaba (BABA) is not happy with its dominance in China’s digital ad industry; it is now working to expand its…
Tesla dips on cautious stance on Model 3 production
Tesla (TSLA) stock opened its trading in the red zone on Thursday and remained grounded as investors remained cautious about…
Microsoft missive on new Xbox hardware keeps everyone guessing
It’s been a long time since Microsoft (MSFT) provided updates on the Xbox hardware. Already excited over the company’s impressive…
In-line outlook, cloud revenue push IBM shares up after Q2 results
Earnings of technology conglomerate IBM (IBM) rose 3% in the second quarter, as strong cloud revenue lifted the top line.…
Kinder Morgan Q2 profit tops estimates
Kinder Morgan (KMI) reported its second-quarter results after the closing bell. The company’s earnings topped analyst estimates as profits jumped…
Another Chinese e-commerce firm readies for US listing
Alibaba’s (BABA) dominance in the e-commerce space in China has lately been rattled by numerous domestic rivals, primarily Pinduoduo. While…
BJ’s Restaurants stock dines to yearly high ahead of Q2 results
BJ’s Restaurants (BJRI) stock skyrocketed to reach a new 52-week high of $63.70 on Wednesday. Like Darden Restaurants (DRI) reported…