Netflix shares jump 8 percent as the company adds over a third more subscribers than estimates
Streaming video pioneer Netflix Inc added over a third more subscribers than expected in the last quarter of 2016, a sign of success for its ambitious global expansion that sent its shares up 8 percent in extended trading.
Cisco adjusts profit forecast indicating that it will miss analyst estimates, shares fall
Cisco Systems Inc forecast adjusted profit for the current quarter below analysts' estimate as the company's traditional business of switches and routers continues to struggle with sluggish demand.
Lenovo returns to profitability in second quarter after asset sale
China's Lenovo Group Ltd, the world's largest personal computer (PC) manufacturer by shipments, on Thursday said it returned to profit in its second fiscal quarter, beating analyst estimates, due primarily to gains from an asset sale.
Amazon shares plunge as record profit still misses estimates
Amazon.com Inc posted its most profitable quarter ever but the world's No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading.