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U.S. Markets News

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…

Lam Research exceeds Q2 earnings and revenue estimates; stock jumps

Lam Research (LRCX) second quarter 2019 earnings and revenue surpassed analysts' estimates and shares were trading in the upward direction after…

What to look out for in Western Digital’s Q2 earnings report tomorrow

Western Digital (WDC) is set to release its second quarter fiscal 2019 earnings results on Thursday after the bell. On…

Earnings preview: Southwest Airlines will face few headwinds in Q4

Southwest Airlines (LUV) is set to report its fourth-quarter earnings on Thursday before the bell. Investors were concerned about the…

Preview: Alaska Airlines to report Q4 earnings on Jan 24

Alaska Airlines (ALK) is scheduled to report fourth-quarter results after the closing bell on Thursday, January 24. Analysts expect the…

Tesla’s stock takes a hit after downgrade and production changes

Tesla Inc.’s (TSLA) shares were down 4.2% in afternoon trade following a downgrade from RBC Capital Markets and production changes…

Morgan Stanley upbeat on Walmart’s cost-cutting efforts, raises rating

While revising its growth strategy in tune with the changes the retail landscape has witnessed in recent years, Walmart (WMT)…