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Wall St. rallies over 2 percent with earnings, data boost

U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs and solid economic data, as equities rebounded from a recent sharp sell-off. ...


IBM misses revenue estimates as server, software sales slow

International Business Machines Corp missed Wall Street estimates for third-quarter revenue as software sales slow down and a boost from the launch of new server products begins to dry up, driving its shares down 4 percent on Tuesday. ...


United third-quarter profit tops views; full-year outlook hiked

United Airlines posted a forecast-beating rise in third-quarter profit on Tuesday and raised its 2018 forecast for the third time this year, lifted by its strategy to add flights at three mid-continent U.S. hubs: Chicago, Denver and Houston. ...


Softbank 'anxiously' monitoring Saudi Arabia situation, exec says

Softbank Group Chief Operating Officer Marcelo Claure said it is business at usual at the companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly half of the funds capital. ...


Netflix subscriber growth beats estimates, shares surge

Netflix Inc added about 7 million streaming customers in the latest quarter, 1.8 million more than Wall Street expected, as it debuted a record amount of original programming, including new seasons of popular shows Orange is the New Black and BoJack Horseman. ...


Global stocks rebound with earnings in focus; oil little changed

Stocks bounced back on Tuesday across the world, supported by strong earnings expectations, while oil prices were wobbly as evidence of higher U.S. production was overshadowed by a tighter global supply outlook as Iran prepares for U.S. sanctions. ...