July 25, 2018

Qualcomm investors cheer end of NXP deal doomed by China-U.S. tensions

Qualcomm Inc , the world’s biggest maker of chips for mobile phones, said on Wednesday it would drop its $44 billion bid for NXP Semiconductors after […]
July 25, 2018

PayPal quarterly profit beats estimates; forecast falls short

PayPal Holdings Inc on Wednesday reported a second-quarter profit that beat analysts’ estimates, but its forecast for third-quarter revenue came up short. Powered by WPeMatico
July 25, 2018

Facebook stock falls 24 percent on forecast for slowing growth, rising expenses

Facebook Inc’s stock fell as much as 24 percent after hours on Wednesday over concerns about the impact of privacy issues on the social media company’s […]
July 25, 2018

AMD’s second-quarter revenue rises 53 percent

Chipmaker Advanced Micro Devices Inc’s quarterly revenue rose 53 percent on Wednesday, as a rare surge in demand for personal computers boosted sales of its processors […]
July 25, 2018

PayPal quarterly profit beats estimates

PayPal Holdings Inc on Wednesday reported a second-quarter profit that beat analysts’ expectations as the company processed more payments for merchants and consumers.      Powered by […]
July 25, 2018

Facebook disappoints on revenue, active users; shares fall 9 percent

Facebook Inc fell short of analysts’ estimates for monthly active users on Wednesday and reported lower-than-expected quarterly revenue, months after the social network became embroiled in […]
July 25, 2018

Facebook’s disappointing report hits rest of FANG

FANG stocks taking a hit in after hours trade on Wednesday after Facebook’s Q2 report badly disappointed investors Powered by WPeMatico
July 25, 2018

U.S.-EU trade deal pushes stock rally to fourth day

Global stocks extended their rally into a fourth consecutive day on Wednesday after U.S. President Donald Trump and the European Union reached an agreement that investors […]
July 25, 2018

Cadbury maker Mondelez’s quarterly profit beats estimates

Mondelez International Inc on Wednesday reported a better-than-expected quarterly profit, helped by cost cuts, sending its shares up 4 percent in extended trading. Powered by WPeMatico
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