Heavy Duty Trucking has added a new COVID-19 Data Center and revamped its COVID-19 coverage hub to make it easier for readers to get the latest, most in-depth information on the pandemic. ...
Tesla surprised the Street in its first quarter earnings report, beating on both top and bottom lines, as well as posting its third straight quarterly profit. The electric carmaker was expected to report a loss of 36 cents per share, but it posted a profit of $1.24 per share (excluding items). The company did report negative free cash flow and that it will revisit new guidance for the second quarter. Yahoo Finance’s Myles Udland breaks down the car manufacturer’s earnings report....
Stocks advanced Wednesday as investors considered positive updates from Gilead over the results of a trial of its coronavirus treatment candidate. The news eclipsed a dismal report on first-quarter gross domestic product, which showed the U.S. economy shrank on an annualized basis for the first time since 2014....
On Wednesday, Facebook released its first quarter earnings report, beating investors’ expectations for quarterly revenue. The social media company cited strong daily and monthly active users, with over 2.99 billion users across its apps. Yahoo Finance’s Myles Udland breaks down Facebook’s earnings report....
Microsoft beat on both top and bottom lines on revenue and earnings per share in its third quarter earnings report. The company noted that it saw a minimum net impact on total company revenue amid the coronavirus outbreak as cloud usage and demand increased. Yahoo Finance’s Myles Udland breaks down Microsoft’s earnings report....
