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US unemployment applications drop to 49-year low amid government shutdown
The number of applications for unemployment benefits in the US dropped close to a 49-year low last week....
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Chipmakers, airlines rally lift the Nasdaq despite government shutdown, trade war
On January 24, Thursday, airline stocks and chipmakers lifted the Nasdaq, especially on a day that China-US trade...
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Autonomous flying taxi nears reality after Boeing conducts test flight
For most people, autonomous flying taxi is yet another science fiction concept, even after the first successful tests...
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Freeport-McMoRan misses Q4 earnings and revenue estimates; stock drops
Freeport-McMoRan’s (FCX) Q4 earnings of 11 cents per share and revenue of $3.68 billion fell short of analysts’...
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Huawei looks to topple Samsung as top smartphone maker despite US ban
Chinese smartphone giant Huawei Technologies Co Ltd announced its plan to become the world’s biggest-selling smartphone vendor in...
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Former Tesco finance executive Carl Rogberg cleared of fraud in 2014 scandal
Tesco’s former senior director Carl Rogberg on Wednesday was officially cleared of charges related to false accounting and...
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Lam Research exceeds Q2 earnings and revenue estimates; stock jumps
Lam Research (LRCX) second quarter 2019 earnings and revenue surpassed analysts’ estimates and shares were trading in the upward...
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What to look out for in Western Digital’s Q2 earnings report tomorrow
Western Digital (WDC) is set to release its second quarter fiscal 2019 earnings results on Thursday after the...
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Earnings preview: Southwest Airlines will face few headwinds in Q4
Southwest Airlines (LUV) is set to report its fourth-quarter earnings on Thursday before the bell. Investors were concerned...
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United Rentals reports solid Q4 results
Shares of the world’s biggest rental firm United Rentals (NYSE: URI) jumped 6% after the bell as the...
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Tesla’s stock takes a hit after downgrade and production changes
Tesla Inc.’s (TSLA) shares were down 4.2% in afternoon trade following a downgrade from RBC Capital Markets and...
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Morgan Stanley upbeat on Walmart’s cost-cutting efforts, raises rating
While revising its growth strategy in tune with the changes the retail landscape has witnessed in recent years,...