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Ford logo on a truck

US October Auto Sales Seen Down Slightly: Consultants

U.S. auto sales likely fell slightly in October from a year earlier, when replacement demand following hurricanes Harvey and Irma boosted business, industry consultants J.D. Power and LMC Automotive said on Monday.
IBM

IBM To Acquire Software Company Red Hat For $34 Billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services.
amazon prime

Weak Amazon, Alphabet Results Ignite Growth Worries

Shares of Amazon.com Inc. dropped by the most in four years on Friday after its outlook for holiday season sales missed targets, fanning concerns that Wall Street’s tech darlings are finally starting to face stronger competition.
Google

Alphabet Misses Wall Street Revenue Estimates; Shares Fall

Google parent Alphabet Inc on Thursday missed analysts' quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating margin, sending shares down almost 7 percent after hours.
Amazon

Amazon's Holiday Season Sales Outlook Misses Views; Shares Sink

Amazon.com Inc forecast holiday season sales and profit that missed Wall Street targets on Thursday, projecting revenue growth that would be the slowest in years, sending shares of the world's largest online retailer down 8 percent in after-hours trade.

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