U.S. Markets News
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. Data from…
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 war and…
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 2019, despite…
Earnings: Southwest Airlines Q4 earnings slide despite beating estimates
America's largest low-cost airline carrier posted its fourth-quarter results before the market opened for trading on Thursday, Jan. 24. Despite…
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 fraud slapped…
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 about the…
Preview: Alaska Airlines to report Q4 earnings on Jan 24
Alaska Airlines (ALK) is scheduled to report fourth-quarter results after the closing bell on Thursday, January 24. Analysts expect the…
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 production changes…
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, Walmart (WMT)…
Kimberly-Clark stock drops on Q4 earnings miss, weak guidance
Kimberly-Clark (KMB), a leading manufacturer of personal care products, Wednesday reported weaker than expected earnings for the fourth quarter, reflecting…
United Technologies reports Q4 EPS of $1.95 vs. expected $1.51
Aircraft manufacturing company United Technologies (UTX) on Wednesday reported better-than-expected fourth quarter results, helped by its cost optimization measures as…
eBay stock spikes after activist investor brightens turnaround hopes
After fighting for long to regain its lost glory in the e-commerce space, rather unsuccessfully, the pressure is mounting on…
Tilray is on a consolidation spree
On the heels of a string of partnership deals, Tilray (TLRY) on Tuesday announced that it was acquiring Canada-based Natura…
Tokyo court denies bail to Renault CEO Carlos Ghosn yet again
On January 22, Tuesday, a court in Tokyo rejected former Nissan boss Carlos Ghosn’s latest request for bail. Shortly after…
Intel to report Q4 earnings on Jan 24. What to expect
During the prior 12-month period, the semiconductor industry has suffered a decline of 12%, primarily attributable to the trade war…