Elon Musk’s two biggest ambitions at SpaceX
The name SpaceX makes you think big, and that’s no surprise. CEO Elon Musk does have big ambitions for his...
Other Industries
Mammoth T-Mobile deal to buy Sprint may close by the first quarter of 2019
The $26-billion deal of T-Mobile US Inc’s (TMUS) majority owner taking over Sprint Corp (S) in a move to unite...
Haunted by wildfire lawsuits, PG&E faces fresh trouble after California fire
Rarely do businesses get so severely rattled by accidents as Pacific Gas and Electric Company (PCG) did after the California...
‘Model 3 killers’ coming from all sides, yet the Tesla EV may emerge unscathed
Tesla (TSLA) had reported stellar earnings in the third quarter, with average Model 3 production roughly 4,300 units per week....
Canopy Growth’s shares tank over disappointing Q2 results
Canopy Growth Corporation’s (CGC, WEED) stock fell over 8.8% in premarket hours on Wednesday after the company reported a wider...
Cushman & Wakefield Q3 loss narrowed on higher fee revenue
Commercial real estate services firm Cushman & Wakefield (CWK) reported a narrower loss in the third quarter helped by the...
GE’s stock soars on plan to sell $4 billion stake in Baker Hughes
General Electric Co.’s (GE) shares soared in afternoon trade on Tuesday after the company announced plans to sell a portion...
Boeing delivers more aircraft in October, but stock slips
Boeing Co (BA) announced that in October, the aircraft maker delivered 43 737 single-aisle aircraft. The growing jet market fueled...
After Expedia and Booking, TripAdvisor posts strong quarterly results
TripAdvisor (TRIP) shares jumped 12% during the after-market hours on Wednesday after the travel company reported huge earnings beat in...
Dish stock falls as Netflix continues to woo subscribers away from cable
Dish Network Corp’s (DISH) stock fell at least 1.56% in pre-market trade as the US satellite TV service provider posted...
GE to get rid of consumer lighting business as cash crunch escalates
Engineering giant General Electric (GE) has been on a divestiture spree, in an effort to revitalize its balance sheet. On...
Elon Musk’s SpaceX looks to a $750-million leveraged loan
Tesla (TSLA) sibling and Elon Musk’s space exploration company, SpaceX, is planning to seek a leveraged loan of $750 million,...
Eli Lilly tops market estimates; revises guidance
Eli Lilly and Company (LLY) reported better-than-expected results on revenue and earnings for the third quarter of 2018 and revised...
Allstate stock drops as Q3 profit misses estimates
The Allstate Corp. (ALL) reported a 31% jump in earnings for the third quarter helped by higher premiums earned, lower...
Express Scripts Q3 profit jumps 27%, meets estimates
Express Scripts Holding Co. (ESRX) reported a 27% jump in earnings for the third quarter helped by strong client retention...
Chesapeake soars 9% after delivering strong Q3 results
Chesapeake Energy Corporation’s (CHK) stock soared over 9% in morning trade today after the company topped estimates on revenues and...
Anthem surpasses Q3 results expectations and raises guidance
Anthem Inc. (ANTM) topped market estimates on revenue and earnings for the third quarter of 2018 and raised its outlook...
Skincare sales boost Estee Lauder’s Q1 results; stock jumps 7%
Shares of Estee Lauder Companies (EL) rose sharply in the pre-market Wednesday after the cosmetics manufacturer reported double-digit growth in...
Amgen’s stock down despite Q3 results beat
Amgen (AMGN) reported better-than-expected results on revenue and earnings for the third quarter of 2018. After gaining briefly following the...
Allergan posts upbeat Q3 results
Allergan (AGN) reported better-than-expected results for the third quarter driven by double-digit growth from many of its key promoted brands,...
Cummins Q3 profit jumps 53%, beats estimates
Cummins Inc. (CMI) posted a 53% jump in earnings for the third quarter driven by higher demand in a number...