Cloud segment drives Microsoft’s Q3 beat; stock gains on bullish outlook
Information technology behemoth Microsoft (MSFT) posted marked growth in third quarter revenue and profit beat analyst estimates, yet again by...
Earnings
Amazon stock gains 7% after Q1 results crush street view
Amazon (AMZN) today said its first-quarter profit more-than-doubled as revenues rose sharply, supported by the cloud division, surpassing market expectations....
Chipotle shares surge as new CEO Brian Niccol lays out turnaround plan
After a series of food safety scandals, it looks like Chipotle (CMG) is finally celebrating its comeback, thanks to the...
If you are looking to buy Apple stock, a chance may be up for grabs soon
Along with reporting its first quarter earnings that came in line with market expectations, Samsung Electronics today delivered some distressing...
Alexion beats earnings and sales estimates; raises guidance
Shares of biopharma company Alexion (ALXN) opened up 7% when market started today after it reported a rise in Q1 2018...
eBay stock falls on lower earnings, downbeat outlook
Earnings of e-commerce giant eBay (EBAY) dropped sharply in the first quarter, despite an increase in revenues, even as it...
Mobile payments boost PayPal profit for Q1
Online payments system PayPal (PYPL) reported better than expected first quarter profit and revenue results beating consensus estimates. Revenue came...
Domino’s sees healthy growth in first quarter
Domino’s Pizza Inc. (DPZ) reported a 25.8% growth in total revenues to $785 million for the first quarter of 2018....
Humira lifts AbbVie’s first-quarter results
AbbVie’s first quarter results topped analyst consensus both on earnings and sales front, driven by double-digit sales growth from Humira,...
American Airlines’ quarterly profit crashes on fuel concerns
The world’s biggest airline American Airlines Group Inc. (AAL) reported a 45% plunge in first-quarter earnings due to higher fuel...
Restructuring costs drag GM earnings in Q1; Results beat estimates
General Motors (GM), the largest automobile manufacturer in the US, reported a decline in first quarter earnings, hurt by one-time...
PepsiCo beats market estimates with refreshing first-quarter results
Food and beverage company PepsiCo (PEP) reported first-quarter 2018 results, with earnings and revenue beating analysts expectation. The company reported...
Strong travel demand lifts Southwest Airlines in first quarter
Southwest Airlines (LUV) reported a 1.9% increase in total operating revenues to $4.9 billion for the first quarter of 2018,...
Qualcomm shares rise after earnings beat estimates
Qualcomm shares rose around 2% in the aftermarket after it reported better-than-expected earnings results in the second quarter of 2018....
Ford Q1 earnings beats estimates, plans more savings
Ford Motor Company (F) reported its first quarter results with a year-over-year revenue increase of 7% to $42 billion, driven...
Visa’s Q2 results top estimates on improved spending
Visa’s (V) second quarter results topped analyst estimates. Adjusted earnings jumped 30% to $1.11 per share, while operating revenues came...
AT&T reports Q1 2018 results; misses estimates
Telecom giant AT&T Inc. (T) reported results for the first quarter of 2018. Both revenue and profit numbers missed the...
AMD stock soars after guiding Q2 revenue above consensus
Chipmaker Advanced Micro Devices Inc. (AMD) swung to a profit in the first quarter from a loss last year, as...
Facebook’s first quarter earnings beat triggers stock rally
Social media firm Facebook (FB), which is embroiled in a protracted data breach scandal, posted a marked growth in first-quarter...
Humana to acquire hospice provider Curo for $1.4 billion
Hospice sector is evolving and health insurer Humana (HUM) is growing its presence in this booming industry amidst speculation that it...
Sky welcomes Comcast, drops support for Fox
Comcast Corporation (CMCSA) formalized its $31 billion bid for Sky plc, thereby pushing ahead of 21st Century Fox (FOXA) and...