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Disney shines on box office hits; stock dips as Q3 earnings miss
Entertainment conglomerate Walt Disney Company (DIS) closed its eventful third quarter on a positive note, with earnings registering double-digit growth…
Office Depot posts Q2 earnings of 5 cents vs expectation of 3 cents
Office Depot (ODP) Tuesday reported second-quarter results that surpassed analysts’ estimate on both the top and bottom lines. During the…
Twilio stock surges on Q2 earnings beat, strong guidance
Cloud communications platform Twilio Inc. (TWLO) turned to profit in the second quarter from a loss last year helped by…
Didi Chuxing pumps in $1 billion into car services unit
The latest move by Chinese ride sharing platform Didi Chuxing indicates that the company has no plans of dumping its…
Indra Nooyi steps down as PepsiCo CEO; Ramon Laguarta to succeed
PepsiCo's (PEP) Indra Nooyi stepped down as the company's CEO on Monday and the Board of Directors elected Ramon Laguarta…
Is McDonald’s stock an attractive long-term investment?
From cleaning fluid in latte to drug in soda, McDonald’s (MCD) has been making news for all the wrong reasons…
Tesla and BMW are not rivals, but role models to each other
During the second quarter earnings conference call on Wednesday, Tesla (TSLA) chief Elon Musk confronted a tricky question – whether…
Groupon shares fall as Q2 results miss analysts estimate
Shares of Groupon (GRPN) fell 7% during the pre-market trading after the company reported second-quarter results as it missed analysts…
Kraft Heinz stock jumps as Q2 results beat street view
An uptick in overseas sales pushed up Kraft Heinz’ (KHC) adjusted earnings in the second quarter, which also came in…
Activision Q2 results beat; stock dips on weak guidance
Earnings of gaming giant Activision Blizzard (ATVI) increased sharply in the second quarter and surpassed analysts’ expectations, aided by record…
MILESTONE: Apple is the first trillion dollar US company!
Thursday marked the first time a US company achieved the milestone of $1,000,000,000,000 market cap. As Apple (AAPL) shares soared…
Blue Apron reports Q2 loss on lower revenues; stock plunges
Continuing the protracted losing streak, meal-kit company Blue Apron Holdings (APRN) Thursday reported a net loss for the second quarter,…
Elon Musk faces two lawsuits from “whistleblowers”
Tesla (TSLA) CEO Elon Musk is facing lawsuits in two separate cases from employees who claim to be whistleblowers. The…
T-Mobile stock rises on upbeat earnings and subscriber adds
T-Mobile US (TMUS) reported Q2 earnings and wireless customer additions that both topped analysts’ views. The company reported its quarterly…
Fitbit reports lower losses than expected, shares up 5%
The maker of fitness trackers, Fitbit (FIT), reported a net loss that almost doubled to 49 cents per share in…
Uber to shift focus from self-driving trucks to cars
Uber is planning to shut down its self-driving truck operations in order to devote its entire attention to self-driving cars.…
Food safety scandals continue to haunt Chipotle
Chipotle (CMG) was still recovering from a string of food safety lapses that occurred in 2015. The prolonged crisis had…
LIVE BLOG: Apple Q3 2018 earnings call
Shares are up about 3.5% and crossed $197, making a new all-time high at 6:05 PM ET Conference call…
Apple reports 40% growth in Q3 EPS, shares up 3%
In its slowest cyclical quarter for iPhone sales, Apple reported earnings of $2.34 per share, riding on a revenue hike…
Shopify swings to a surprise profit in Q2 on strong revenues
E-commerce technology company Shopify (SHOP) made a modest recovery in the second quarter after staying in the negative territory for…