Stocks were slightly lower Tuesday as investors focused on talks between Republicans and Democrats on a second coronavirus aid package and a deluge of second-quarter corporate results. What are major indexes doing? The Dow Jones Industrial Average DJIA, -0.39% was down 141.16 points, or 0.5%, at 26,443.61, while the S&P …
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Verizon Communications Inc. shares gained Friday after the company posted results that analysts called “clean” and “reliable.” The wireless operator topped both revenue and adjusted earnings expectations for the June quarter even as both dipped from a year ago as the company felt the effects from COVID-19. In particular, Verizon’s …
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MARKETWATCH FRONT PAGE The one certainty about the outlook for companies in a COVID-19 world is that second-quarter earnings will be very bad, the worst in over 10 years. See full story. The Biden-Sanders climate-change policy pact: 8 key features Presidential candidate Joe Biden has advanced environmental policy recommendations that …
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In the busiest earnings week of the season, Thursday is the biggest act. Two trillion-dollar companies — Apple Inc. AAPL, +3.28% and Amazon.com Inc. AMZN, +2.53% — will follow the successes of rivals Alphabet Inc. GOOG, +8.73% GOOGL, +8.89% and Microsoft Corp. MSFT, +4.48% and look to prove that the …
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CrowdStrike Holdings Inc. shares skyrocketed in the extended session Thursday after the cybersecurity company’s results and outlook topped Wall Street estimates and coronavirus fears raise the need for more protective measures as millions of people work from home. CrowdStrike CRWD, +8.05% shares soared more than 20% after hours, following an …
Read More »[unable to retrieve full-text content] Zoom Video Communications Inc. tumbled 5% in after-hours trading Wednesday after it reported better-than-expected results that did not meet lofty expectations. MarketWatch.com – Top Stories
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Hewlett Packard Enterprise Co. shares fell more than 6% in after-hours trading Tuesday after the technology giant reported first-quarter revenue that did not meet Wall Street estimates and warned it no longer expects revenue to grow in fiscal 2020. In a phone interview shortly after the results were released, HPE …
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Nvidia Corp. shares rallied in the extended session Thursday after the chip maker’s data-center sales and outlook topped Wall Street estimates while returning to revenue growth. Outsize data-center gains in the fourth quarter made up for a small shortfall in gaming sales. Nvidia reported a 56% gain in gaming sales …
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Uber Technologies Inc. is ready to join the ranks of Facebook Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc.’s Google, one analyst said after the company’s latest earnings report. RBC Capital Markets analyst Mark Mahaney reiterated his view that FANGU was perhaps a better acronym for big internet companies than …
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