Stocks were mixed Friday, with the S&P 500 and Dow down as energy companies sold off after Exxon Mobil (XOM) and Chevron’s (CVX) grim quarterly results. The Nasdaq held in positive results after a slew of better than expected corporate earnings results from major...
South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic’s impact on smartphone sales. Long known as the world’s biggest...
(Bloomberg) — Qualcomm Inc. gave a strong sales forecast for the current quarter, signaling that fifth generation mobile phone services are taking off. The chipmaker also announced a new licensing deal with China’s Huawei Technologies Co., sending shares up more...
Stocks fell Friday morning as relations between the US and China were tested further, and after a handful of companies reported quarterly results that disappointed Wall Street. China on Friday ordered that the US close its consulate in the populous city of Chengdu, in...
Stock futures fell Friday morning as relations between the US and China were tested further. China on Friday ordered that the US close its consulate in the populous city of Chengdu, in response to the Trump administration’s directive to force Beijing to shut down its...
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