EA Results Lifted by Sports Games
Electronic Arts Inc. raised its earnings outlook for the second time in as many quarters as Wall Street and videogame players alike await the release of the company's potential blockbuster: "Star Wars Battlefront."
Tesla Loss Widens, but Model X Production Revving Up
Tesla Motors Inc. posted a wider loss of $229.9 million in the third quarter as costs to launch the Model X led to a 10th-consecutive quarter of red ink.
Micron Revenue Misses on Weak PC Demand, Lower Prices
Memory chipmaker Micron Technology Inc reported a bigger-than-expected fall in quarterly revenue, hurt by weak demand for chips used in personal computers and as average selling prices fell.
United Technologies Unveils $1.5 Billion Restructuring Plan to Cut Costs
United Technologies Corp raised the lower end of its full-year adjusted earnings forecast and announced a $1.5 billion restructuring plan aimed at reducing costs, mainly through factory consolidation.
U.S. Ride-Hailing Firm Lyft Plans to Raise up to $1 Billion in Financing
Ride-hailing company Lyft Inc, Uber Technologies Inc's biggest competitor in the United States, is looking to raise up to $1 billion in a Series F funding round, according to filing provided by VC experts.
Uber in Fresh Funding Round That Could Value Company at Up to $64.6 Billion
Uber Technologies Inc. has raised a new round of funding that could value the ride-hailing company at as high as $64.6 billion, a person familiar with the matter said.
GM Eyes the Future With $500M Bet on Lyft
General Motors is writing a massive check to ride-hailing company Lyft in hopes of capitalizing on an evolving industry.
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