Latest News on private equities market

Alphabet third-quarter profit misses estimates

Google parent Alphabet Inc missed analysts' estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.7% even though revenue growth topped expectations.



5 years ago

Beyond Meat expenses surge as manufacturing ramps up; shares fall

Beyond Meat Inc's expenses more than doubled in the third quarter as the vegan burger maker ramped up manufacturing to meet booming demand for plant-based proteins.



5 years ago

Richard Branson's Virgin Galactic soars before crashing to earth in NYSE debut

Richard Branson-backed Virgin Galactic Holdings Inc fetched a valuation of around $2.3 billion on its market debut on Monday, after shares in the first publicly traded space tourism company popped before fizzling out.



5 years ago

VW ramps up China electric car factories, taking aim at Tesla

Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.



5 years ago

T-Mobile beats quarterly phone subscriber estimates

T-Mobile US Inc on Monday beat analysts' third-quarter estimates for net new phone subscribers who pay a monthly bill, boosted by competitive wireless plans aimed at fending off its bigger rivals.



5 years ago

Microsoft says Russia-linked hackers target sports organizations

Microsoft Corp said it has tracked "significant" cyberattacks coming from a group it calls "Strontium" or "Fancy Bear", targeting anti-doping authorities and global sporting organizations.



5 years ago

Trade optimism, Fed rate-cut expectation sends S&P 500 to record

The S&P 500 hit a record high on Monday, while the Nasdaq fell just short of its lifetime high touched in late July as a more civil tone between the United States and China lifted hopes for a possible trade deal and investors looked toward a Federal Reserve rate cut later this week.



5 years ago

U.S.-China trade hopes boost stocks; dollar weak

An index of global stock markets rallied to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.



5 years ago

Oil falls on weak Chinese data, forecasts for U.S. crude stocks build

Oil prices fell on Monday after four days of gains as expectations U.S. crude stockpiles will rise and worries about weak Chinese industrial data offset hopes oil demand will increase if talks progress on a Sino-American trade deal.



5 years ago

Virgin Galactic shares debut as the space tourism company begins trading under the ticker SPCE

Richard Branson's space tourism company began trading its stock publicly following its merger with Chamath Palihapitiya's venture

5 years ago

Lockheed Martin awarded $7 billion U.S. defense contract: Pentagon

Lockheed Martin Corp has been awarded a $7 billion modification to a contract providing for 114 F-35 aircraft for the U.S. Air Force, the U.S. Marine Corps, the U.S. Navy, and the governments of Norway, Australia and Italy, the Pentagon said on Monday.



5 years ago

GM, Toyota, Fiat Chrysler seek to intervene in California emissions suit

Major automakers including General Motors Co , Toyota Motor Corp , Hyundai Motor Co and Fiat Chrysler Automobiles NV are asking to intervene in a lawsuit filed by 23 U.S. states last month, the companies said on Monday.



5 years ago

U.S. may extend tariff suspensions on $34 billion in Chinese goods

The United States Trade Representative is studying whether to extend tariff suspensions on $34 billion of Chinese goods set to expire on Dec. 28 this year, the agency said on Monday.



5 years ago

Alphabet misses profit estimates as Google bets big on newer businesses

Google parent Alphabet Inc missed analysts' estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.2% even though revenue growth topped expectations.



5 years ago

Beyond Meat to offer more store discounts as competition heats up; shares fall

Beyond Meat Inc reported its first ever net profit and raised its full-year sales forecast, but shares tumbled 6.5% in extended trading as the vegan burger maker said it would need to offer more store discounts or promotions as competition heats up.



5 years ago