Business News
Micron Q4 results crush estimates amid strong demand growth
Shares of Micron (MU) made strong gains Thursday after the chipmaker reported record high revenues for the fourth quarter, sending…
Under Armour revs up restructuring program with 3% job cut
Athletic apparel company Under Armour (UA) is revising its business strategy amidst continuing squeeze on profitability from margin pressures. The…
Red Hat stock falls as Q2 revenue disappoints; earnings top estimates
Shares of Red Hat (RHT) fell sharply in the extended trading session Wednesday after the company posted below-consensus revenues for…
Earnings preview: What to expect from Micron’s Q4 earnings report
The announcement of Micron’s (MU) fourth-quarter earnings will be a closely-watched event. In the run-up to the report, which is…
Why it pays to put your money in digital payment stocks
The shares of Mastercard (MA) and Visa (V) have witnessed an almost similar trading pattern over the years, all along…
General Mills Q1 earnings beat; stock falls on sales miss
Earnings of consumer food company General Mills (GIS) declined in the first quarter, but to a lower extent than predicted…
Coca-Cola may soon roll out marijuana-based drinks
It seems cannabis is taking the beverages industry by storm, with more alcohol and soft drink companies shifting their focus…
Oracle stock falls on weak cloud business; earnings top estimates
Oracle’s (ORCL) strong earnings growth in the first quarter failed to amuse investors Monday when the company's below-consensus cloud revenues…
What to expect from Oracle’s Q1 earnings report
The ongoing transition of enterprise software provider Oracle (ORCL) into a full-fledged cloud service company is being closely watched by…
PC market bracing for a season without Intel ‘inside’
The functioning of the technology companies, especially in the consumer electronics sector, is so closely interlinked that each of them…
Elon Musk’s lunar dream spreads wings with first passenger sign-up
Taking a break from the controversies surrounding the operations of Tesla (TSLA), CEO Elon Musk has come up with some…
A bumpy ride for GM as steering malfunction triggers more recalls
General Motors (GM) is probably paying the price for not learning from past mistakes; what else could explain the recurring…
Walmart gives Jet.com a new look to woo the urban youth
When Walmart (WMT) embarked on the transition to a full-fledged e-commerce retailer, apparently in response to the aggressive strategies of…
Powered by cloud, Adobe is set for a repeat performance
Adobe Systems (ADBE) has a history of delivering positive earnings surprises, and the recent quarters were no exception. When the…
FDA puts the heat on e-cig makers to curb teen vaping
The e-cigarette market witnessed a phenomenal growth mainly because the concept was popularized in a convincing manner. While many wannabe…
Micron crumbles on rating downgrade amid looming correction
The softening demand for memory chips has been a cause for concern among semiconductor companies for some time. Adding to…
Boeing goes the extra mile as orders for 737 soar
The outlook for the aviation industry has never been so bullish, with companies thriving on the growing travel needs of…
Alibaba deepens digital footprint in Russia with local tie-ups
At a time when the online marketplace is nearing saturation in terms of innovation, Alibaba (BABA) is taking things to…
Tesla looks to tackle production woes with lesser paint options
Tesla (TSLA) regained some lost ground this week, ending yet another phase of value erosion, after investors responded positively to…
Fresh trouble brews as Campbell Soup investors seek to change board
The simmering discontent among Campbell Soup’s (CPB) shareholders, over weakening profitability and mounting costs, aggravated after the company came up…
Verizon’s media arm suffers a fresh blow from CEO Armstrong’s exit
When Verizon (VZ) chose to christen its media and advertising arm as Oath – which houses struggling tech brands AOL…