Market News
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.…
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…