Shares of United Parcel Service Inc. UPS, + 3.39% It shot up 10.6% to a record in pre-market trade on Thursday, after the parcel delivery giant reported second-quarter earnings with far-above-expected revenue amid rising demand. residential and health care shipments that emerged from the COVID-19 pandemic. Net income increased to …
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AstraZeneca PLC said on Thursday that second-quarter net profit increased and that trials of the vaccine it is developing with researchers from the University of Oxford are at an advanced stage. The British pharmaceutical giant, one of the companies in the race to develop a coronavirus vaccine, said the trials …
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Shell Oil Refinery at Pulau Bukom off Singapore on July 16, 2020. Roslan Rahman / Agence France-Presse / Getty Images European stocks traded lower on Thursday on the busiest day of the second-quarter earnings season, with growing concerns about a slow economic recovery and a possible second wave of the …
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Shares of Qualcomm Inc. soared to record levels in the extended session on Wednesday after the chip company projected a huge jump in profit and revenue in the current quarter thanks to a deal with Chinese tech giant Huawei Technologies Co. Qualcomm QCOM, + 1.72% Shares rose as much as …
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Shares in General Electric Co. sank into volatile operations on Wednesday after the diversified industrial conglomerate said it suffered “general” weakness in the second quarter and indicated that its aviation business could take years to recover from the effects of the pandemic. COVID-19. The GE stock, -4.35% It took a …
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