Nasdaq News

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

General Motors (NYSE: GM) surprised Wall Street with a first-quarter net profit of $294 million, as strong demand for its profitable new pickups more than offset the severe impact of factory shutdowns amid the coronavirus pandemic.

PayPal Holdings Inc posted a 87.4% slump in quarterly profit on Wednesday as COVID-19 lockdowns hit consumer spending and forced the payments processor to boost its credit loss reserves, sending its shares down 3.7% in extended trading.

The S&P 500 and the Dow fell on Wednesday as declines in financials and defensive groups countered gains in tech shares and as data showed U.S. private employers laid off 20 million workers in April, underscoring the economic fallout of the coronavirus outbreak.

United Airlines is putting up almost half of its mainline fleet of aircraft as collateral for a US$2.25bn high-yield secured bond offering as it tries to weather the evaporation of travel demand.

(RTTNews) - Atmos Energy Corporation (ATO) announced a profit for its first quarter that rose from last year.

(RTTNews) - Below are the earnings highlights for Amedisys (AMED):

(RTTNews) - Shares of Lyft Inc. (LYFT) jumped 17% on extended session Wednesday after the ride-hailing company's first-quarter revenues trumped Wall Street estimates despite negative effects of COVID-19 pandemic, as active riders and revenues per riders increased.

T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to cheaper plans compared to its rivals and a surge in demand for phone services as people work from home amid lockdowns.

(RTTNews) - Everest Re Group, Ltd. (RE) revealed a profit for first quarter that fell from last year.

(RTTNews) - Mid-America Apartment Communities, Inc. (MAA) reported earnings for first quarter that dropped from last year.

(RTTNews) - Below are the earnings highlights for CenturyLink, Inc. (CTL):

In trading on Wednesday, shares of GrubHub Inc (Symbol: GRUB) crossed above their 200 day moving average of $50.94, changing hands as high as $51.19 per share. GrubHub Inc shares are currently trading up about 6.6% on the day. The chart below shows the one year performance o

Fox Corp beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company's shares up more than 2% in extended trading.

After a tepid day of trading, the Dow wound up closing over 200 points below breakeven, as investors weighed the good -- a potential reopening of the U.S. economy -- with the bad -- dismal private-sector payrolls data and a lackluster post-earnings reaction from Disney (DIS).

Image source: The Motley Fool.

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