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U.S. Markets News

Infosys misses Q1 earnings estimates; maintains FY19 outlook

Software services company Infosys (INFY) reported a marginal decline in its earnings for the first quarter of 2019, missing the…

Citigroup earnings beat view; stock dips on revenue miss

Investment banking firm Citigroup (C) Friday came out with mixed results for the second quarter, when earnings rose sharply and…

ZTE gets help from US government to end export ban

The US Commerce Department signed an agreement with ZTE Corp. that will help ease the restrictions on the Chinese firm…

Will Momo become next Alibaba?

If you like and own Alibaba Group (BABA) stock then the shares of the Chinese instant-messaging service Momo (MOMO) could…

More Americans are quitting their jobs, says report

When there is plenty, one can afford to be picky. That seems to be the case in the job market…

US economic growth to rebound in Q2

Amidst escalating trade tensions between the US and China, economists have expressed optimism over a strong economic rebound the second…

Xiaomi makes a stellar rebound after a dud debut

First days can be tough – ask Xiaomi. After a sloppy debut on Monday, the Chinese smartphone maker made a…

Tariffs and trade war hurting American farmers

The trade war between the US and China is hurting American farmers, particularly those who cultivate soybeans. Soybeans is the…

Tariff blues: price hike derails Tesla’s expansion plans in China

Customers of electric car maker Tesla (TSLA) in China are a disappointed lot this week after the company raised the…

Xiaomi’s Hong Kong debut fails to impress

Chinese smartphone company Xiaomi made a disappointing debut in Hong Kong on Monday, after it opened below its IPO price…