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Facebook misses on topline in Q2; stock crashes 9%
Facebook’s shares tumbled 9% Wednesday after it reported second-quarter revenue that missed street expectations. Revenue grew 42% to $13.23 billion…
GM stock falls after guidance cut; Q2 earnings beat estimates
General Motors shares plunged Wednesday after the company lowered its full-year earnings guidance to reflect higher commodity prices, mainly owing…
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…
3M reports 7.4% rise in revenue
Industrial mammoth 3M (MMM) today reported second-quarter results that easily topped analysts expectations. The company reported earnings of $3.07 a…
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…
Verizon Q2 profit rises on subscriber growth, tops view
Telecommunications giant Verizon (VZ) reported its second-quarter results Tuesday, the last quarterly results under CEO Lowell McAdam who will be…
LIVE BLOG: Alphabet Q2 2018 earnings call
After-market hours, stock is up 5% at 5:30 PM ET at $1,257.99 In terms of the investment priorities, Alphabet believes…
Alphabet stock gains as Q2 earnings surge past estimates
A further spike in ad sales lifted Google parent Alphabet’s (GOOG, GOOGL) earnings in the second quarter, when the company…
Desperate for profits, Musk turns to suppliers for refund
In almost 15 years of its existence, Tesla (TSLA) has never made a profit. But despite its liquidity woes, the…
JetBlue earnings preview: Will quarterly numbers act as a tailwind?
JetBlue Airways Corporation (JBLU) will report its earnings results for the second quarter of 2018 on July 24. For the…
Merck joins pharma giants in lowering drug prices
The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday…
North America upswing lifts Schlumberger’s Q2 profit
The oilfield service sector continues to benefit from the rising crude prices, which has been encouraging petroleum companies to ramp…
General Electric posts adjusted EPS of $0.19 for Q2; beats estimates
Industrial conglomerate General Electric (GE) reported its second-quarter earnings before the bell today. The company reported a beat on revenue…
Unshaken by Android fines, Alphabet stands tall ahead of earnings
Though Google parent Alphabet (GOOG, GOOGL) has long been ramping up its non-core businesses, programmatic advertising and mobile search continue…
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…