U.S. Markets News
Legal charges drag JB Hunt’s Q4 earnings
Trucking and logistics provider J.B. Hunt Transport Services (NASDAQ: JBHT) reported its fourth-quarter results after the bell. The firm reported…
Facebook acts tough as Russia-linked groups pose perennial challenge
After a tumultuous year marked by a series of scandals and allegations, Facebook (FB) is leaving no stone unturned to…
Tailored Brands stock drops to 17-month low
Tailored Brands (TLRD) stock fell to a 17-month low of $11.37 on Thursday as the specialty apparel retailer lowered its…
Chip stocks slip after Apple supplier predicts weaker smartphone demand
Adding to the concerns that the smartphone boom is finally leveling off, component suppliers are witnessing a marked decline in…
China growth to slow down in 2019 on slumping domestic demand, tariff concerns
A Reuters poll suggests that China's economy might slow to 6.3% in 2019 due to weakening domestic demand. The US…
Financial giant Morgan Stanley posts Q4 earnings below market expectations
Volatile global market environment pushed fourth-quarter revenue and profit of Morgan Stanley (MS) below Street expectations, as the financial giant reported…
Red Hat shareholders give green signal for acquisition by IBM
The closely-followed acquisition of software company Red Hat (RHT) by tech giant IBM (IBM) moved closer to completion after the…
Netflix’s price hikes might be a good thing
Netflix Inc. (NFLX) is raising its monthly subscription prices in the US. The lowest plan rate will go from $8…
Snap’s stock plunges 11% after news of CFO’s exit
Snap Inc. (SNAP) saw its shares topple 11.7% in morning trade on Wednesday after the company disclosed that its CFO…
Goldman Sachs jump 3% after beating street projections in Q4
Banking giant Goldman Sachs (GS) on Wednesday smashed past analysts’ estimates for the fourth quarter. The company reported quarterly earnings…