AWS produced $916 million in operating income for Amazon in the second quarter. » Read More
By: Jordan Novet
Analysts are expecting Intel to hit 68 cents in earnings per share for the second quarter of the year. » Read More
By: John Shinal
Google is reportedly buying up land in Sunnyvale, longtime home of Yahoo, to find room for future employees. » Read More
Facebook did almost twice as well as Alphabet on a key second-quarter metric. But the script may flip in the second half of this year.
NEW YORK— Verizon shares rose sharply Thursday after the company reversed course and added more customers who pay a wireless bill every month. Verizon added 614,000 wireless customers who pay monthly bills in the April-June quarter, similar to the 615,000 gained a year ago. Verizon Communications Inc. reported that second-quarter earnings of $4.36 billion,...
Sixty percent of Black Hat conference experts believe a successful cyberattack on US infrastructure will occur in the next two years.
Wall Street expects Amazon to report 22% growth in second-quarter revenue but a drop in profit as it continues to invest in new initiatives.
July 27- Verizon Communications Inc reported quarterly revenue that topped expectations on Thursday as the No. 1 U.S. wireless carrier attracted more subscribers with its unlimited data plan. Shares jumped 3.6 percent to $46.01 in premarket trading. Verizon's unlimited plan, priced at $80 a month for a single line, is more expensive than competing plans.
ABUJA/ LAGOS, July 27- The head of 9 mobile, the mobile operator formerly known as Etisalat Nigeria, has asked the telecoms regulator for concessions on spectrum and foreign exchange access to shore up its revenues ahead of finding new investors. 9 mobile's CEO Boye Olusanya on Wednesday asked the Nigerian Communications Commission to revisit its floor price on...
July 27- Verizon Communications Inc on Thursday reported quarterly revenue that topped expectations as the No. 1 U.S. wireless carrier attracted more subscribers with its unlimited data plan. Shares jumped 3.1 percent to $45.80 in premarket trading. Verizon has been competing for customers with smaller rivals T-Mobile US Inc and Sprint Corp in a saturated...
Verizon has been competing for customers with smaller rivals T-Mobile US Inc and Sprint Corp in a saturated market for wireless service in the United States as most consumers already have cell phones. Net income attributable to Verizon rose to $4.36 billion, or $1.07 per share, in the second quarter, from $702 million, or 17 cents per share, a year earlier.
Samsung reported operating profit of 8.03 trillion Korean won ($7.21 billion) in its semiconductor division in the second quarter.
Verizon posted second-quarter earnings in line with estimates on Thursday, and revenue that beat analyst expectations.
The company said it saw solid growth in its carrier, enterprise and consumer businesses.
Asia markets closed higher on Thursday as corporates in the region announced earnings and markets digested the Fed's post-meeting statement.
Samsung Electronics said Thursday that income from memory chips helped it book record quarterly profit for the three months through June.
Jim Cramer reveals the one company that could get the transports flying higher.
Facebook CEO Mark Zuckerberg says the company will study what overseas rivals have done with messaging. "I think we can do better," he said.
Jim Cramer sat down with Citigroup CEO Michael Corbat to hear more about Citigroup's recent transformation.
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