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Tag: Market Insider

Chinese e-commerce giant takes aim at rival leader Alibaba in cloud

Chinese e-commerce giant takes aim at rival leader Alibaba in cloud

JD.com is one of the biggest e-commerce and logistics company in China. Zhang Peng | LightRocket | Getty Images BEIJING – JD.com, a major Chinese e-commerce company, is looking to become the technology platform of choice for U.S. customers in a cloud computing market dominated by Alibaba. JD is best known in China for its […]

Interest rates are rising, a bad sign as the economy slides toward recession

Interest rates are rising, a bad sign as the economy slides toward recession

The Fed is throwing all of its fire power at markets, and yet interest rates continue to rise, a troubling sign when the economy looks set to slow down dramatically. Markets continue to swing violently with the Dow losing another 6.2% Wednesday; oil plunging 24%, and copper down about 7%. The credit markets continue to […]

Even with $1 trillion stimulus, hit to economy and employment will be big

Even with $1 trillion stimulus, hit to economy and employment will be big

A bar sits closed in the early evening in Brooklyn after a decree that all bars and restaurants shutdown by 8 pm in New York City as much of the nation slows and takes extra precautions due to the continued spreading of the coronavirus on March 16, 2020 in New York City, United States. Spencer […]

Zoom Video, American Eagle, FireEye, Moderna & more

Zoom Video, American Eagle, FireEye, Moderna & more

Check out the companies making headlines before the bell: Zoom Video (ZM) — The video conferencing company reported earnings of 15 cents per share on revenue of $188.3 million. Wall Street was expecting earnings of 7 cents per share on revenue of $176.5 million, according to Refinitiv.  American Eagle (AEO) — The retailer’s quarterly earnings beat on […]

ViacomCBS, E-Trade, Zillow, IMAX & more

ViacomCBS, E-Trade, Zillow, IMAX & more

Take a look at some of the biggest movers in the premarket: ViacomCBS (VIAC) – In its first earnings report since the merger of Viacom and CBS was completed in December, the company reported quarterly earnings of 97 cents per share, below the consensus estimate of $1.44 a share. Revenue was also below Wall Street […]

Dish Network, Garmin, Tesla, Uber & more

Dish Network, Garmin, Tesla, Uber & more

Take a look at some of the biggest movers in the premarket: Dish Network (DISH) – The satellite TV provider beat estimates by 10 cents a share, with quarterly earnings of 69 cents per share. Revenue also beat forecasts. Pay-TV subscribership declined, but at a slower pace. Garmin (GRMN) – The maker of GPS and […]

Qualcomm, Yum China, Peloton and more

Qualcomm, Yum China, Peloton and more

A Qualcomm sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines after the bell: Qualcomm – The semiconductor company’s stock dropped about 4% in extended trading though the company beat analysts’ estimates on both the top and […]

Ford, Snap, Match Group and more

Ford, Snap, Match Group and more

Visitor walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images Check out the companies making headlines after the bell: Ford – The automaker’s stock dropped 10% in extended trading after the company missed on earnings but beat revenue in its fourth-quarter […]

Fourth quarter GDP could show economy entered a slower growth patch at year-end

Fourth quarter GDP could show economy entered a slower growth patch at year-end

Economic growth in the final quarter of the year is expected to be on par with the third quarter’s 2.1%, but it is also likely to herald the start of a slower trend that could continue through the first half of this year. Fourth quarter growth is expected to have been 2.1%, according to Dow […]