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U.S. Markets News

Papa John’s surges as recovery hopes brighten amid deal with Starboard

It’s been a period of extreme volatility at pizza chain Papa John’s (PZZA) since its founder John Schnatter was forced…

VIDEO: Musk teases visuals of SpaceX’s Raptor engine in action

Late on Sunday, space travel enthusiasts were treated with multiple videos of SpaceX’s Raptor engine, which would be used in…

General Motors looks to invest billions of dollars in Brazil from 2020 to 2024

On Saturday, auto-giant General Motors (GM) announced that it was negotiating the "feasibility" of investing about $2.73 billion (10 billion…

Earnings Ahead: Google, Disney, EA, GM and Twitter on lineup

The five major companies reporting earnings this week are Alphabet Inc. (GOOGL), The Walt Disney Co. (DIS), Electronic Arts Inc.…

Affordable coffee on the go: Chinese start-up aims to trump Starbucks

A couple of decades ago, Starbucks (SBUX) introduced to the world the American way of savoring coffee in a plush…

Tesla starts taking in orders for new cheap Model 3 variant in China

Elon Musk has his eyes on the Chinese market. His latest move for a cheaper Tesla car for the Asian…

Cypress Semiconductor soars after beating Q4 earnings and revenue projections

Cypress Semiconductor Corp. (CY) Q4 earnings and revenue surpassed analysts' estimates. The company reported EPS of $0.35 on revenue of…

French competition regulator seeks clarification on Google Ads

Just weeks after France's data protection watchdog slapped a $57.5 million fine on Alphabet's Google Inc (GOOGL) for the alleged…

Robert Swan named Intel CEO after 7-month search

Putting an end to a seven-month-long search, Intel Corporation (INTC) has announced that Robert "Bob" Swan, who was serving as…

Earnings preview: Big oil drop likely to hurt Chevron Q4 results

Chevron Corp. (CVX) is scheduled to report its fourth-quarter earnings results on Friday before the market opens. Investors and markets…

Economy: Growing US private jobs lift the dollar

Growing jobs in the US private sector led to the dollar rising on Wednesday. With gains against the euro and…

Align Technology stock falls on weak Q1 earnings forecast

Align Technology (ALGN) reported an 848.9% surge in earnings for the fourth quarter helped by the lower provision of income…

Qualcomm Q1 earnings preview: Focus will be on Apple lawsuit and FTC trial outcome

It’s been a tough Monday for semiconductor stocks after Nvidia (NVDA) cut down its Q4 revenue outlook and Qualcomm (QCOM)…

Earnings preview: Higher shipping likely to boost US Steel results in Q4

United States Steel Corporation (X) is scheduled to report fourth-quarter earnings results on January 30 after market close. Analysts expect…

Specialty chemicals company Entegris to buy Versum for $4 billion

It was a case of rivals merging when Specialty chemicals company Entegris (ENTG) announced on Monday that it plans to…

China situation spurs more cuts as oil prices fall further

On Jan. 28, Monday, oil prices slipped following indications that crude production might rise further after US energy companies added…

Companies reporting earnings in the week: Jan 28 – Feb 1

A slew of major companies are reporting earnings in the week from January 28 till February 1. Telecom giant Verizon…

5G wireless technology might save Verizon (VZ) in Q4 earnings

Verizon Communications (VZ) is scheduled to post its fourth-quarter 2018 earnings before trading hours on Tuesday, Jan. 29. The Street…

Hyundai plans to cut jobs in China due to economic slowdown

In the latest of China trade woes, Hyundai Motor announced that its Chinese JV will accept voluntary retirements following a…

Intuitive Q4 earnings miss despite strong revenue growth; stock dips

Earnings of Intuitive Surgical (ISRG), a provider of minimally invasive surgical solutions, increased in the fourth quarter but missed analysts’…

Alaska Airlines stock jumps 3% on better-than-expected Q4 earnings

Alaska Airlines (ALK) Thursday reported fourth-quarter earnings that surpassed analysts’ estimates. Earnings rose to 75 cents per share from 71…