Reports Q4 revenue $2.69B, consensus $2.68B. Commenting on the results, Chief Executive Robert Thomson said: “Fiscal 2018 was a year of operational and transformational success at News Corp, with robust performance across our businesses, and positive and profound changes in
August 9, 2018
Shares of Adidas (ADDYY – Free Report) soared over 9% Thursday after the German sportswear company reported strong second-quarter results, boosted by e-commerce expansion and growth in North America and China. But rival Nike (NKE – Free Report) also thrived in its most recent
Last week, Greece received $17 billion from its creditors, representing the final installment of the country’s third bailout since 2010. This is the last one. Really. Stop laughing. There’s no doubt the Southern Mediterranean country has endured a lot of
And the farce goes on… Tesla stock is trading higher after hours following reports from CNBC that the board of directors of the carmaker plan to meet with financial advisors next week to formalize a process to explore CEO Elon Musk’s offer to
In just the past few years, global asset values have risen to the biggest bubbles in history. Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer. However, rapidly rising digital riches
The September natural gas contract settled just a few ticks higher on the day following an EIA print that generally fit the consensus heading into the day but continued to show a tight natural gas market. It was an unusual
The US Dollar (via the DXY Index) has made very little progress this week, not entirely unsurprising given the relatively quiet economic calendar. But the end of the week may see a change in trading conditions as the only ‘high’
Stocks attempted to rally today but fell off from much of their gains into the close. Silver held its ground, while gold gave up a little. The US Dollar finished higher. The hysteria continues to spread, infecting both with blindness
The strategic war of words continues between the US and China and with it, the ebb and flow of the Chinese stock markets. Given that the US has weathered all of these headlines, it is doubtful it will start now.
CNBC’s Aditi Roy reports quarterly earnings from Dropbox.
