T-Mobile US Inc. (ticker: TMUS) is poised for a good day on Wall Street Thursday. The company’s stock is up 4 percent in pre-market trading after T-Mobile reported second-quarter earnings, revenue and net additions that easily topped Wall Street’s expectations.
Morgan Stanley (ticker: MS) reported second-quarter earnings and revenue beats Wednesday, but its trading business impressed investors the most. With relatively low volatility in global financial markets in recent months, big banks have struggled to find trading opportunities, but Morgan Stanley’s trading business held up relatively well.
International Business Machines Corp. (ticker: IBM) investors are getting tired of waiting for the company’s bright future to finally arrive. On Tuesday afternoon, IBM reported its 21st consecutive quarterly revenue decline after years of heavily investing in initiatives targeting cloud computing and artificial intelligence.
United Continental Holdings Inc (ticker: UAL) reported second-quarter earnings and revenue beats on Tuesday afternoon, but the stock’s share price is losing altitude. Despite positive unit revenue growth and optimistic commentary from management, investors were disappointed with United’s initial guidance for the third quarter.
Tesla Inc. (ticker: TSLA) CEO Elon Musk has earned quite a reputation for speaking his mind throughout the years. This weekend, Musk opened his mouth about Tesla stock’s valuation and cost shareholders $1.3 billion in market capitalization.
BlackRock, Inc. (ticker: BLK) continued the mixed earnings season for the financial sectoron Monday when the company reported second-quarter earnings and revenue that came up short of Wall Street’s expectations.
In America, the streaming video advertising business is dominated by two companies—Alphabet (ticker: GOOG, GOOGL) and Facebook (FB). But in China, where market size and growth rates could potentially be much more lucrative for investors, the competition in streaming video is extremely fierce.
Perhaps no other stock in the market has generated as much buzz as Tesla Inc TSLA 0.18% in 2017 ahead of the roll-out of its highly anticipated Model 3. However, it seems not even Wall Street knows quite what to make of Tesla’s stock.
Now that summer is in full swing, it’s time for summer vacation season. Americans save up their vacation days and look forward to escaping their daily routine all year long, but a pricey vacation can create even more financial stress and difficulty.
Amazon.com, Inc. AMZN 2.48% shares tumbled more than 2 percent on Friday after the company’s second-quarter earnings report fell short of the markets expectations.