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Business News

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…

Microsoft missive on new Xbox hardware keeps everyone guessing

It’s been a long time since Microsoft (MSFT) provided updates on the Xbox hardware. Already excited over the company’s impressive…

Domino’s Q2 profit beats view; stock falls on sales miss

Domino’s Pizza (DPZ) has remained a standout among its peers in the fast-food industry, taking advantage of the changing customer…

eBay stock falls on weak guidance, despite Q2 earnings beat

Online marketplace eBay reported second-quarter results amidst its much-hyped summer sale that coincided with Amazon’s (AMZN) Prime Day event. Earnings…

Housing starts hit 9-month low as construction slump deepens

The construction sector, which is currently going through a challenging phase, has been the main drag on the economy since…

Airline start-up led by JetBlue founder Neeleman orders 60 Airbus jets

Indicating the entry of one more airline company into the American aviation industry, European aircraft maker Airbus received a massive…

Deal Alert: Walmart, Microsoft find a common enemy in Amazon

Less than a week after striking a crucial deal with data-warehousing start-up Snowflake Computing to offer the latter’s service on…

Earnings Preview: Low valuation makes eBay stock a safe investment

For most e-commerce companies, business growth depends a lot on their ability to fight against Amazon (AMZN) effectively, and eBay…

Goldman Sachs may name long-term executive David Solomon as CEO

Goldman Sachs Group (GS) has reportedly identified president and chief operating officer David Solomon as successor to Lloyd Blankfein, who…

Netflix stock slides on disappointing subscriber growth in Q2

Shares of Netflix (NFLX) fell sharply on Monday after the streaming giant reported lower than expected subscriber growth for the…