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...
Technology
Texas Instruments Q4 profit soars 260%, beats estimates
Texas Instruments (TXN) reported a 260% jump in earnings for the fourth quarter helped by the management of costs and...
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...
Comcast’s stock gains after Q4 results beat expectations
Comcast Corporation’s (CMCSA) shares gained 3% in premarket hours on Wednesday after the company topped expectations on revenue and earnings...
IBM stock rallies on upbeat guidance; Q4 results beat estimates
Shares of International Business Machines (IBM) rose sharply Tuesday after the management issued stronger than expected earnings guidance for fiscal...
eBay stock spikes after activist investor brightens turnaround hopes
After fighting for long to regain its lost glory in the e-commerce space, rather unsuccessfully, the pressure is mounting on...
Google hit with $57-million fine by France, peers under radar
Google, a business unit of Alphabet Inc. (GOOGL), was handed a fine of $57 million by France’s data-privacy agency, CNIL,...
Intel to report Q4 earnings on Jan 24. What to expect
During the prior 12-month period, the semiconductor industry has suffered a decline of 12%, primarily attributable to the trade war...
Mastercard fined $648 million in EU for anti-competitive practices
The business practices of American credit card companies have been under strict scrutiny in the European Union for a long...
Tesla might use battery from Chinese firm Lishen, indicates new report
With the trade-standoff between China and the United States of America tightening over time, a recent report by Reuters cites...
Earnings preview: Comcast bets on broadband subscription to lift Q4 earnings
Communications behemoth Comcast Corp. (CMCSA) will be announcing results for the fourth quarter Wednesday before the opening bell. The recent...
What to expect from Lam Research’s Q2 earnings report
Semiconductor companies will start their quarterly reporting starting from January 23. Lam Research (LRCX) will be one of them in...
IBM to report Q4 earnings on Jan 22. What to expect
International Business Machines (IBM) is scheduled to report fourth-quarter results on Tuesday, January 22. Analysts expect the company to report...
Earnings Preview: Slide in crude oil prices could hurt Halliburton in Q4
Oilfield service provider Halliburton Co (HAL) is expected to announce its fourth-quarter 2018 results before the opening bell on Jan....
China cries foul after global move against ZTE, Huawei
Beijing on Thursday said that the proposed actions of the US government against ZTE, Huawei and other telecom equipment firms...
Atlassian stock jumps on Q2 earnings beat, strong guidance
Atlassian Corp. (TEAM), a provider of productivity software solutions, Thursday reported strong revenue growth for the second quarter, with positive...
Facebook acts tough as Russia-linked groups pose perennial challenge
After a tumultuous year marked by a series of scandals and allegations, Facebook (FB) is leaving no stone unturned to...
Netflix shares drop after Q4 revenue miss estimates
In the fourth quarter, Netflix (NFLX) added 8.8 million paid subscribers around the world, surpassing its own projection of 7.6...
Google will buy smartwatch technology from Fossil for $40 million
Alphabet Inc.’s (GOOGL) subsidiary Google is buying smartwatch technology worth $40 million from Fossil Group (FOSL). The sale involves technology...
Chip stocks slip after Apple supplier predicts weaker smartphone demand
Adding to the concerns that the smartphone boom is finally leveling off, component suppliers are witnessing a marked decline in...
Red Hat shareholders give green signal for acquisition by IBM
The closely-followed acquisition of software company Red Hat (RHT) by tech giant IBM (IBM) moved closer to completion after the...