nasdaq

Momo Beats Q2, But Shares Plummet Over 19%

Momo Beats Q2, But Shares Plummet Over 19%

Momo Inc. (NASDAQ: MOMO) reported its second quarter earnings and beat estimates, but despite strong results, shares plummeted down over 19 percent during Tuesday’s trading hours.The Chinese social media company posted revenues for the second ..

Cisco to Buy Springpath for $320 Million

Cisco to Buy Springpath for $320 Million

Cisco Systems Inc. (NASDAQ: CSCO) announced plans to purchase Springpath, a hyper-convergence startup, for $320 million and equity awards.With the acquisition of Springpath, Cisco plans to revolutionize the data center through its innovative Sp..

Cisco Systems Stock Down After Earnings

Cisco Systems Stock Down After Earnings

Cisco Systems, Inc. (NASDAQ: CSCO) announced Q4 and FY2017 results after the bell yesterday, culminating in a 4% drop in stock price today.The company met revenue expectations as well as estimates for earnings per share again, however it also report..

As CEOs Resign From White House' Business Council, the President Shuts it Down

As CEOs Resign From White House' Business Council, the President Shuts it Down

In the recent events of that occurred in Charlottesville, VA and President Trump’s response to the events has led to several CEOs in the White House' business council to resign. Major CEOs from companies such as Merck & Co. (NYSE: MRK)..

Tech Companies Push for Cellphone Privacy

Tech Companies Push for Cellphone Privacy

Verizon Communications Inc. (NYSE: VZ) as well as many other high technology companies have requested that the U.S. Supreme Court make it harder for government officials to access people’s sensitive cellphone data. A 44-page brief was filed wi..

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

U.S. District Judge Laura Taylor Swain ruled on Monday that Costco Wholesale Corporation (NASDAQ: COST) is to pay Tiffany & Co. (NYSE: TIF) $11.1 million in trebled profits plus interest, as well as $8.25 million in punitive damages.Swain&r..

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

According to a report by CNBC, Apple Inc. (NASDAQ: AAPL) and Aetna Inc. (NYSE: AET) had several secret meetings last week, where the two discussed plans to bring Apple’s smartwatch, which has health and fitness-tracking features to millions of..