Pacific Crest believes Amazon is facing increasing competition from Wal-mart and Microsoft across its businesses. Firm downgrades the internet company's shares to sector weight from overweight.
Exxon Mobil posted a strong beat on earnings as oil prices rose and the company cut costs. Revenue slightly missed analysts' expectations.
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President Trump surprised everyone by announcing that he'd take a break from pretending he had a [fill in the blank] plan to pretend he had a [fill in the blank] plan, instead.
Qualcomm Inc. said Apple Inc. is cutting off licensing payments related to the iPhone until their legal dispute is settled, forcing the chipmaker to lower forecasts it gave just last week and sending its shares tumbling.