Nearly every analyst covering Amazon says buy the dip, except one
Barclays told clients it may be too early to buy the dip on Amazon, as the e-commerce giant's period of heavy investment could hurt financials.
Barclays told clients it may be too early to buy the dip on Amazon, as the e-commerce giant's period of heavy investment could hurt financials.
Idaho-based memory chipmaker Micron Technology on Thursday challenged rival Intel Corp with a new line of hard drives aimed at data centers, just as the two companies are on the cusp of formally ending a joint venture of more than a decade that developed the technology.
Media and communications company Comcast Corp beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it lost video users.
Declining public funds have caused college tuition to skyrocket and pushed more of the costs onto students, according to a new analysis.
Major Wall Street analysts liked Tesla's solid third quarter earnings report but want to see more from the company going forward.
Intel Corp raised its full-year revenue forecast on Thursday and beat Wall Street estimates for third-quarter revenue and profit, easing concerns about a long-drawn demand slowdown fueled by the U.S.-China trade war.
The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp , but dour results from 3M Co stymied the Dow Jones Industrial Average.
Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15%.
Visa Inc's quarterly profit beat analysts' estimates on Thursday, helped by growth in overall customer spending, which boosted fees for the world's largest payment processor.
3M Co , the maker of Scotch tape and Post-it notes, reported a 2% fall in quarterly revenue and lowered its full-year earnings outlook, hurt by slowing demand for its products in key markets such as China.
Pharmacy retailer CVS Health Corp said on Thursday it is pulling all 22 ounce bottles of Johnson & Johnson's baby powder from its stores and online to comply with the U.S. healthcare conglomerate's recall last week of a lot of 22 oz bottles due to possible asbestos contamination.
Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the next chief executive.
Oil slipped below $61 a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to support the market.
German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions.
Southwest Airlines Co reported a 7.2% rise in third-quarter profit on Thursday, as strong travel demand and higher fares offset the hit from flight cancellations due to the grounding of its Boeing 737 MAX jets.