Baidu results beat on strong video streaming growth, shares rise
Baidu Inc beat analysts’ estimates for quarterly profit and revenue on Wednesday, helped by strong growth at its video streaming platform iQIYI, sending the Chinese...
GoDaddy shares surge on biggest buyback plan
GoDaddy Inc on Wednesday announced its biggest ever share buyback of $500 million and reported a 12% rise in quarterly revenue as the web hosting...
Roku quarterly net loss widens, overshadows earnings beat
U.S. video streaming service Roku Inc reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to...
Uber to let passengers record rides in effort to curb crime in Latin America
Uber said on Wednesday that it will allow passengers and drivers to record audio of their trips in Brazil and Mexico using a new feature...
Roku beats revenue and profit estimates
U.S. video streaming service Roku Inc beat expectations for third quarter revenue, earnings per share and adjusted EBITDA on Wednesday, benefiting from a widespread trend...
Amazon adds Zip Co’s buy now, pay later platform to its Australia website
Australia’s Zip Co Ltd said on Thursday that Amazon Inc’s local unit will offer its buy now, pay later platform as a payment option, a...
Qualcomm’s licensing forecast, helped by Apple deal, drives share gains
Qualcomm Inc shares rose more than 5% on Wednesday after it forecast current-quarter profit above Wall Street expectations, as its all-important licensing segment benefits from...
Baidu quarterly results beat on strong video streaming growth
Chinese search engine giant Baidu Inc beat analysts’ estimates for quarterly profit and revenue on Wednesday, helped by strong growth in its video streaming platform...
Baidu quarterly revenue beats estimates
Chinese search engine giant Baidu Inc beat analysts’ estimates for quarterly revenue on Wednesday, sending its shares up 6% in extended trading....
Flood of trades sends Uber to record low as insiders allowed to sell
Uber Technologies Inc’s stock dropped 3% to a record low in its busiest trading session since the ride-hailing company’s Wall Street debut as employees and...