Twitter revenue beats, sees rise in daily users viewing ads
Twitter Inc posted better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content, sending its shares up nearly 5%.
Strong Alphabet, Intel earnings drive futures higher
Robust earnings from Google-owner Alphabet and Intel lifted U.S. stock index futures on Friday, as investors await data that is widely expected to show that the domestic economy grew at its slowest pace in over two years in the second quarter.
Huawei rolls out 5G phone and flags first Hongmeng device
Huawei Technologies [HWT.UL] on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with its own Hongmeng operating system.
Twitter beats on revenue, sees rise in daily users viewing ads
Twitter Inc posted a better-than-expected second-quarter revenue on Friday and an uptick in daily users who see advertisements on the site, driven by changes to show users more relevant content.
New auto safety technology leaves insurers in the dark
Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control.
Huawei’s ties with partners FedEx, Flex fray on U.S.-China tensions
U.S. FedEx Corp on Friday again apologized and blamed Washington’s ban on Huawei for being “unclear” as Beijing deepened an investigation into why the delivery firm was holding up packages meant for the telecoms equipment maker.
Stocks stage tentative rebound after ECB disappointment
European stocks staged a tentative recovery on Friday as a rally in media stocks and solid earnings at several U.S. companies helped investors overcome the disappointment of the European Central Bank’s failure to deliver immediate policy easing.
Oil on track for weekly gain as Iran tensions support
Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remained unresolved, although flagging prospects for global economic growth amid the U.S.-China trade war capped gains.
Renault cuts revenue goal as car industry misery spreads
Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.
Oil advances as geopolitical tensions offset slack demand
Oil prices edged higher on Friday on worries about Middle East tensions, though a flagging global economic growth outlook amid the U.S.-China trade war capped gains.
