USA news & headlines
Latest breaking stories, features and analysis
- Roku boasts 43 million active accounts as of the end of fiscal second quarter.
- The U.S. company tops analysts' estimates for earnings and revenue in Q2.
- Roku refrains from giving future financial guidance on COVID-19 uncertainty.
Latest USA news
The Walt Disney Company (NYSE: DIS) published its quarterly financial results on Tuesday that sent its shares up 5% in extended trading. According to CEO Bob Chapek, Disney will release Mulan online via Disney Plus. At £94 per share, including the gain in after-hours trading on Tuesday, Disney is currently more than 15% down year to date in the stock market after recovering from an even lower £65.62 per share when the impact of COVID-19 was at it...
Sony Corp (TYO: 6758) said on Tuesday that its profit in the fiscal first quarter dropped by only 1.1% that was significantly lower than expected. The company attributed it to its gaming business that showed resilience in recent months as COVID-19 saw homebound people looking for indoor means of entertainment. Shares of the company gained more than 1% up Tuesday. At £63 per share, Sony Corp is currently more than 15% up year to date in the stock...
American International Group (NYSE: AIG) published its quarterly financial results on Monday that highlighted its adjusted earnings to have tanked by a massive 56%. The company attributed the decline to lower private-equity returns and higher catastrophe losses in the fiscal second quarter. Shares of the company tanked about 3% in extended trading on Monday. At £24 per share, American International Group is roughly 40% down year to date in the st...
Take-Two Interactive Software Inc. (NASDAQ: TTWO) published its quarterly financial results on Monday after the bell that topped analysts’ expectations for revenue but missed on earnings per share. Tyson Foods also released a quarterly earnings report on Monday. Shares of the company jumped roughly 5% in after-hours trading on Monday. At £134 per share, Take-Two Interactive Software is currently 45% up year to date in the stock market afte...
Tyson Foods Inc. (NYSE: TSN) published its quarterly financial results on Monday that topped analysts’ estimates for earnings and missed on revenue. Shares of the company were reported about 1% up in premarket trading on Monday. At £47 per share, Tyson Foods is currently more than 30% down year to date in the stock market after recovering from an even lower £34 per share in March. Learn more about how to choose winning stocks. Tyson Foods’ Q3 fin...
The Clorox Company (NYSE: CLX) published its quarterly financial results on Monday that came in stronger than what the experts had forecast for the fiscal fourth quarter. The company attributed its hawkish performance to the Coronavirus pandemic that fuelled demand for its cleaning products in recent months. Previously, Clorox had reported a 15% increase in sales in its fiscal third quarter in May. Shares of the company were reported about 1.5% u...
Caterpillar (NYSE: CAT) published its quarterly financial results on Friday that came in stronger than what the experts had forecast. The company said that its dealer inventories declined by £1.07 billion in the second quarter. Prioritised spending and cost reduction, however, helped offset the decline. Shares of the company closed more than 0.5% up on Friday. At £101.50 per share, Caterpillar is currently more than 10% down year to date in the s...
Fiat Chrysler (NYSE: FCAU) revealed to have swung to a £950 million loss in the fiscal second quarter. The company attributed its loss to the Coronavirus pandemic that pushed its production facilities into temporarily shutting down in recent months. Its Peer, Ford Motor, also published its quarterly financial results on Thursday that came in stronger than what the experts had forecast for earnings and revenue in the fiscal second quarter. Shares...
Exxon Mobil Corporation (NYSE: XOM) revealed to have swung to a net loss of £840 million in the fiscal second quarter on Friday. The company attributed its loss to the Coronavirus pandemic that weighed heavily on global oil prices in recent months. Its peer, Chevron, also reported to have concluded its Q2 in loss on Friday. Shares of the company opened roughly 2% down on Friday but jumped 1% in the next hour. At £31.51 per share, Exxon is current...
Chevron Corporation (NYSE: CVX) revealed to have swung to a net loss of £6.32 billion in the fiscal second quarter on Friday. The company attributed the decline to the Coronavirus pandemic that weighed on demand and contributed to the historic plunge in global oil prices in recent months. Chevron became the first major energy firm earlier this week to enter the Israeli market. Shares of the company opened about 3% down on Friday. At £63.23 per sh...
Facebook (NASDAQ: FB) said on Thursday that its revenue grew at the slowest pace in the second quarter since its IPO in 2012. Its quarterly financial results, however, were still stronger than what the experts had forecast. CEO Mark Zuckerberg of Facebook testified before the U.S. Congress on Wednesday along with the CEOs of Amazon, Apple, and Alphabet. Shares of the company jumped roughly 7% in after-hours trading on Friday. At £190 per share, F...
Alphabet Inc. (NASDAQ: GOOGL) published its quarterly financial results on Thursday that highlighted the company’s revenue to have plunged for the first time in history. The company attributed the decline to the Coronavirus pandemic that pushed advertisers into slashing spending in the fiscal second quarter. Shares of the company jumped less than 1% in extended trading on Friday. At £1,178 per share, Alphabet is currently trading more than 10% up...
Apple Inc. (NASDAQ: AAPL) published its quarterly financial results on Thursday that boasted the company to have shown resilience in recent months despite COVID-19 disruptions. Apple, however, refrained from giving future guidance due to the rising Coronavirus uncertainty. It also highlighted that the launch of the new iPhone may also be delayed by a few weeks because of the health crisis. Shares of the company jumped more than 6% in after-hours...
Comcast Corp (NASDAQ: CMCSA) published its quarterly financial results on Thursday that topped analysts’ estimates for earnings and revenue. The second quarter marked the first for the company after the launch of Peacock (ad-supported streaming service) and the one that reflected the full impact of COVID-19 on Comcast’s business. In April, Comcast had reported a 40% decline in profit in the first quarter. Shares of the company opened more than 1%...
Yum Brands (NYSE: YUM) published its quarterly financial results on Thursday that highlighted a 15% plunge in its global comparable-store sales in the fiscal second quarter. The company attributed the decline to the Coronavirus pandemic that pushed its dining rooms into temporarily shutting down in recent months. At the peak of COVID-19 restrictions, Yum had to shut down over 20% of its restaurants (11,000 in total). It, however, said that signs...
PayPal (NASDAQ: PYPL) published its quarterly financial results on Wednesday that came in stronger than what the analysts had anticipated. The company attributed its hawkish performance to the Coronavirus pandemic that fuelled digital payments in recent months. PayPal selected Paxos as the crypto supplier for its new service earlier in July. Shares of the company jumped about 4% in extended trading on Wednesday. The £167 billion company that has...
General Motors (NYSE: GM) revealed to have swung to a net loss of £584.46 million in the second quarter on Wednesday as compared to £1.87 billion of profit in the same quarter last year. The company attributed the loss to the Coronavirus pandemic that pushed its production facilities into temporarily shutting down in recent months. Earlier in July, General Motors had announced a 5.3% decline in vehicle sales between April and June. Shares of the...