Samsung profit drops 56% in second quarter
Samsung stock dropped on Wednesday after the world's biggest smartphone maker reported a 56% fall in its operating profit for the second quarter, citing price declines in its memory chip business.
Sections
Extras
Watch Now
Samsung stock dropped on Wednesday after the world's biggest smartphone maker reported a 56% fall in its operating profit for the second quarter, citing price declines in its memory chip business.
The escalating trade war between the United States and China hit stocks in Asia on Tuesday but markets in Europe and the United States were spared further losses.
Tesla's profit streak is over. Big time.
Snapchat is growing again.
Beyond Meat is planning an initial public offering that would value the company at about $1.2 billion.
AT&T will sell its minority stake in Hulu back to the streaming video service, the two companies announced Monday.
Disney stock surged nearly 11% at Friday's open following the announcement of its new streaming service. The stock is on track for its best day since May 2009.
Two years ago, Uber was nearly derailed by allegations of sexism and harassment, a damning investigation into its workplace culture and the exodus of nearly all of its C-suite.
It is now illegal to own a bump stock in the United States.
If lawmakers restrict stock buybacks, that could backfire on the American economy, White House economic adviser Kevin Hassett warned on Friday.
If Sears wants to avoid bankruptcy, it'll practically have to pull a rabbit out of a hat. The company thinks it found a director who can help do the trick.
Wall Street seems to think Nike just blew it with its new ad campaign featuring controversial quarterback Colin Kaepernick.
Amazon's total market value passed $1 trillion on Tuesday, following Apple's ascent into 13-digit territory at the beginning of August.
Tesla's stock tumbled after CEO Elon Musk said he's working himself to the bone and relies on Ambien to sleep.
Macy's same store sales weren't good enough to keep its momentum going.
Home Depot's spring marked a dramatic turnaround from its ugly winter.
MoviePass, the struggling movie subscription service, will limit customers to three movies per month.
How do you like them apples?
Las Vegas casinos have some bargains on hotel rooms right now. That sent the stocks of casino operators on a wild ride Wednesday.
The New Yorker is about to publish an investigation of CBS Corporation and its CEO Leslie Moonves. News of the impending investigation sent the company's stock down more than 6%.
Facebook just had the biggest wipeout in stock market history.
This isn't how they drew it up.
Four months after the Cambridge Analytica scandal humbled Facebook and shaved tens of billions of dollars from its market value, the company's stock is once again trading at record highs.
Shoppers weren't the only ones celebrating Amazon's Prime Day Monday.