Snap Inc’s Snapchat on Tuesday beat analysts’ estimates for user growth and revenue, getting a boost from a better version of its Android app and the launch of a new augmented reality photo lenses.
The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly earnings reports from Coca-Cola Co and United Technologies Corp .
United Parcel Service Inc , the world’s largest package delivery firm, on Tuesday unveiled its drone delivery subsidiary and said it has applied for the Federal Aviation Administration certifications needed to expand the business.
The cryptocurrency entrepreneur Justin Sun postponed his $4.57 million charity lunch with Warren Buffett after falling ill with kidney stones, according to a statement from a foundation he backs.
Starbucks Corp said on Tuesday it would expand its partnership with UberEats to deliver food and coffee throughout the United States in early 2020.
Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a second Iranian drone over the Strait of Hormuz last week.
White House economic adviser Larry Kudlow on Tuesday said it was a good sign top U.S. officials would travel to China for in-person talks about reviving stalled trade talks, and said he expected Beijing to start buying U.S. agriculture products soon.
The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of allegations it mishandled user privacy and pay roughly $5 billion, two people briefed on the matter said.
The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, while a debt ceiling and budget deal between President Donald Trump and Congress also buoyed sentiment.
Lockheed Martin Corp said on Tuesday it was working to establish alternate supply sources for F-35 parts in the United States after the Pentagon decided last week to remove Turkey from the fighter jet program.
Oil prices were largely flat around $63 a barrel on Tuesday as expectations of lower U.S. crude supplies were offset by weaker demand forecasts and the full restart of Libya’s largest oil field.
A host of strong earnings boosted U.S. stocks on Tuesday and world stocks edged higher in anticipation of central bank easing, while sterling fell after Brexit hardliner Boris Johnson won the leadership of Britain’s Conservative Party, clearing the way for him to become prime minister.
Furnishing retailer Bed Bath & Beyond Inc said on Tuesday its chief operating officer was departing as part of a 7% cut in its corporate staff, following a review of office costs.
U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, indicating the housing market was struggling to regain speed since hitting a soft patch last year.
U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment.
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