Business News
Earnings preview: Q3 an acid test as eBay seeks to shun mediocrity
For long, eBay (EBAY) has remained a laggard in the highly competitive e-commerce space, struggling to keep pace with its…
Earnings preview: Pros to outweigh cons when Mastercard posts Q3 results
The payments industry has remained largely unaffected by the tariff-induced trade disruptions and political uncertainties, thanks to the booming economy…
Phillips 66 stock rallies after Q3 results beat street view
Diversified energy firm Phillips 66 (PSX) reported record earnings for the third quarter, supported by strong revenue growth in its…
Snap Q3 loss narrows on higher revenue; stock falls on user slump
A further dip in user count weighed down on Snap’s (SNAP) stock after the company reported a narrower net for…
Affordability takes a beating as home prices, mortgage rate zoom
A key area of the economy that remained subdued this year is the housing sector, even while overall growth gathered…
Shopify stock rallies after Q3 earnings beat
E-commerce solutions platform Shopify (SHOP) reported better than expected earnings and revenues for the third quarter aided by robust subscription…
Microsoft Q1 results hit a record on cloud power, beat view
Tech conglomerate Microsoft (MSFT) Wednesday said its earnings and revenues jumped to a record high in the first quarter, aided…
STMicroelectronics stock tanks on weak outlook, despite Q3 beat
Shares of semiconductor firm STMicroelectronics (STM) plunged more than 10% Wednesday after its fourth-quarter guidance fell short of estimates, despite…
Northrop Grumman Q3 earnings surge, beat street view
Northrop Grumman (NOC) reported strong revenue and earnings growth for the third quarter, which also topped the Wall Street estimates.…
General Dynamics dips on Q3 sales miss, despite upbeat earnings
Revenues of General Dynamics Corp. (GD) increased at a slower than expected pace in the third quarter. The company’s stock…
Boston Scientific Q3 earnings beat; stock slips on sales miss, weak guidance
Boston Scientific’s (BSX) stock suffered a loss early Wednesday after the company reported weak sales numbers for the third quarter…
Juniper stock gains after Q3 earnings beat street view
Juniper Networks (JNPR) reported a modest decline in adjusted earnings for the third-quarter when revenues were affected by a broad-based…
Harley-Davidson sinks on lower Q3 sales; confirms shipment outlook
Benefitting from the stable demand for high-end bikes in overseas markets and lower expenses, earnings of superbike maker Harley-Davidson (HOG)…
McDonald’s stock jumps as Q3 comps gain on favorable pricing
Fast food chain McDonald’s (MCD) reported impressive same-store sales for the third quarter, aided by an uptick in the demand…
Verizon shines on wireless growth in Q3; stock gains
Telecom giant Verizon (VZ) recorded a further strong growth in its wireless services in the third quarter. Reporting the first…
Earnings preview: For Google it’s time to look beyond search
Alphabet (GOOGL, GOOG) will be reporting results for the most recent quarter on October 25 after the closing bell. According…
Earnings preview: streaming venture in spotlight ahead of AT&T’s Q3 report
Business diversifications of such scale as AT&T performed recently happen rarely, for the simple reason that the scope of the…
Halliburton tides over demand crunch in Q3; results beat street view
Energy exploration firm Halliburton (HAL) reported higher revenues and earnings for the third quarter supported by improved production and completion…
Earning preview: Q3 will be a test of Twitter’s turnaround strategy
The recovery kicked off by Twitter (TWTR) in the fourth quarter, ending a protracted losing streak, has gathered significant momentum…