Broadcom Inc reported third-quarter profit above analysts’ estimates and the chipmaker forecast current-quarter revenue largely above expectations, driven by strong performance of its enterprise storage business.
Stock markets around the world declined on Thursday and emerging market stocks fell for the sixth day as investors shied away from risk and braced for an escalation in a trade conflict between the United States and China.
Financial data has been stolen from potentially hundreds of thousands of British Airways customers who made online bookings in recent weeks, extending a run of embarrassing technological mishaps suffered by the UK flag carrier.
Find out which of these stocks came under the most pressure. …read more […]
The S&P 500 and Nasdaq declined on Thursday as the possibility of more U.S. tariffs on Chinese imports loomed and as tech stocks stumbled on warnings from chipmakers and concerns about increased regulation of social media companies.
Ford Motor Co said on Thursday it would recall 2 million F-150 pickup trucks in North America because of a seat belt problem that could generate excessive sparks and cause fires.
The parent company of gunmaker Smith & Wesson on Thursday defended its directors and its contribution disclosures ahead of a proxy vote that will test how far leading fund firms will press their concerns about firearms safety.
The semiconductor equipment company warned of a weakening memory-chip market. …read more […]
The S&P 500 and Nasdaq declined on Thursday as tech stocks stumbled on warnings from chipmakers regarding sales and pricing, as well as on continuing concerns about increased regulation of social media companies.
Not everything has been great under Amazon. …read more […]
Talks between the United States and Canada on the North American Free Trade Agreement have taken place in a good atmosphere, Canadian Foreign Minister Chrystia Freeland said on Thursday, the second straight day of talks this week to save the pact.
MSCI’s global stock index fell for a fifth straight day on Thursday and emerging market stocks were in their sixth day of declines as investors braced for an escalation in the trade war between the United States and China.
CEO Richard Liu’s arrest casts a dark shadow over the e-commerce giant’s future. …read more […]
Nissan Motor Co will produce and sell only premium vehicles in India, while using its sister brand Datsun to crack the mass budget car market, in a revamp of its strategy in the country, a company executive said on Thursday.
The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to “burn” investors hoping the electric car company’s stock price would fall.
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