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U.S. Markets News

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…

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…

Freeport-McMoRan misses Q4 earnings and revenue estimates; stock drops

Freeport-McMoRan's (FCX) Q4 earnings of 11 cents per share and revenue of $3.68 billion fell short of analysts' views 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…