U.S. issues warrant to seize Iranian tanker off Gibraltar
The United States has issued a warrant to seize an Iranian oil tanker caught in the standoff between Tehran and the West in a last ditch effort to prevent the vessel from leaving Gibraltar.
Nvidia Corp on Thursday said new high-end graphics chips for video gamers was bringing its core business back to "normalized" levels and raising profitability, as the company posted quarterly results ahead of Wall Street targets, sending shares up 5% in extended trading.
Chipmaker Broadcom Inc said on Thursday it will buy antivirus software maker Symantec Corp's enterprise security unit for $10.7 billion in cash to scale up its software business through deals.
Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon cable networks, beat estimates for quarterly revenue and profit on Thursday, as it posted rare growth in domestic advertising revenue after five years of declines.
The New York Times Co fell short of Wall Street estimates for revenue on Wednesday and warned of declines in digital advertising for the rest of the year, sending its shares down 12%.
Qualcomm Inc's quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei Technologies Co Ltd's strong gains in the Chinese smartphone market, the U.S. company said, sending its shares down as much as 6%.
Shares of Alphabet Inc rose nearly 9% in premarket trading on Friday, after the company handily beat Wall Street targets on higher ad sales and touted growth at its cloud unit, a high-margin business it is leaning more on to drive growth. | Video
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China's Huawei Technologies Co Ltd.
Shares of Tesla Inc sank 14% on Thursday and its bonds traded lower, a day after the electric carmaker said it needed more time to turn a profit, reported lower margins and announced the departure of a key executive. | Video