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U.S. Stocks Fall From Record High As Trade Tension Continues

U.S. Stocks Fall From Record High As Trade Tension Continues

U.S. Stocks fell on Thursday after a report said President Donald Trump is backing to impose new tariffs on USD 200 Billion Chinese goods.Major stock indexes ended a four-day wining streak Thursday. The Dow Jones Industrial Average fell 137 points. ..

Synopsys Tops Q3 Earnings and Revenue Estimates

Synopsys Tops Q3 Earnings and Revenue Estimates

Synopsys Inc. (NASDAQ: SNPS) reported better-than-expected quarterly results and forecast fourth-quarter results above Wall Street estimates on Wednesday, as the maker of chip design software benefits from rising demand from semiconductor clients.Th..

Overstock shares soar after investment in its blockchain unit tZero

Overstock shares soar after investment in its blockchain unit tZero

Overstock.com, Inc. (NASDAQ: OSTK) shares jumped as much as 21% in after-hours trading on Thursday after the e-commerce retailer announced that Hong Kong private-equity firm GSR Capital will invest up to USD 270 Million into Overstock's blockcha..

Pepsico's Second-Quarter Earnings Beat Expectation

Pepsico's Second-Quarter Earnings Beat Expectation

On Tuesday, PepsiCo, Inc. (NASDAQ: PEP) announced its financial results for the second quarter of fiscal 2018. Both earnings and revenue beat analysts’ estimates, and shares of the company rallied 1.7% in premarket trading on Tuesday.According..

Apple With Plans to Move Power Management Chips in-house, Cuts Orders from Dialog

Apple With Plans to Move Power Management Chips in-house, Cuts Orders from Dialog

Dialog Semiconductor, Apple Inc. (NASDAQ: AAPL) main provider for power management chips, announced that Apple planned to source the main power management chips (PMICs) for one of its three new iPhone models from two suppliers instead of just them. ..

AMD Shares Skyrocket After Topping Q1 Estimate

AMD Shares Skyrocket After Topping Q1 Estimate

AMD Inc. (NASDAQ: AMD) announced its first quarter financial results after the closing bell on Wednesday and topped Wall Street’s estimates in both revenue and earnings. Shares rose by 12.46 percent during Thursday’s pre-market hour..

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Tech Stocks Slip on Asian Chip Manufacturers Lowered Guidance

Major Asian chip manufacturer, Taiwan Semiconductor Manufacturing (NYSE: TSM) reported weaker than expected financial results for its first quarter results, which led to it lowering its second quarter and full year guidance. The downgrade caused a s..