John Mcconnico | Bloomberg | Getty Images A lab technician at Novo Nordisk conducts in vitro research in Malov, Denmark. Denmark’s Novo Nordisk, the world’s biggest maker of diabetes drugs, reported first-quarter operating profit above expectations on Wednesday and raised the lower end of its 2018 sales and profit forecast. …

Philippe Lopez | AFP | Getty Images A pedestrian walks past a branch of Standard Chartered bank in Hong Kong on February 23, 2016. Standard Chartered posted on Wednesday a better-than-expected 20 percent rise in pretax profit for the first three months of the year, helped by a surge in …

AP In 1997 Steve Jobs, Apple’s acting chief executive, announced that the company–buoyed by cost-cutting and strong demand for its new computers–surprised Wall Street by once again showing profitability. With Jobs’ return to Apple, the company became profitable again and sparked a new era in personal computing and devices. In …

Despite some pushback from global regulators, Wall Street veteran and CEO of Japanese online broker Monex Group says the new crypto asset class could take off like derivatives did 38 years ago. “Regulators really hated derivatives in 1980 but just soon after that they really embraced them,” Oki Matsumoto, CEO …

Chipmaker stocks jumped late Tuesday after Apple reported steady iPhone sales, easing fears of a significant decline. Skyworks Solutions climbed 3 percent in after-hours trading, following gains of 4.77 percent during Tuesday’s session. The VanEck Vectors Semiconductor ETF (SMH) climbed 0.8 percent. Micron Technology shares rose more than 1 percent, …

Daniel Acker | Bloomberg | Getty Images An employee assists a customer who purchased four Apple Inc. iPhone X smartphones during the sales launch at a store in Chicago. Apple sold 52.2 million iPhones in the quarter ended March 2018, up slightly from 51 million in the year-ago quarter. That …

Brendan McDermid | Reuters T-Mobile CEO John Legere speaks on the floor of the New York Stock Exchange, April 30, 2018. T-Mobile reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday. Shares edged up close to 1 percent after the announcement. Here’s how the company did compared with …

Getty Images Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on May 1, 2018 in San Jose, California. Facebook is mulling a plan to sell its upcoming smart speakers internationally before launching them in the U.S., as American users and politicians have increased their focus on Facebook …

Andrew Harrer | Bloomberg | Getty Images Rod Rosenstein, deputy attorney general, speaks during a news conference at the Department of Justice in Washington, D.C., on Friday, Feb. 16, 2018. Deputy Attorney General Rod Rosenstein on Tuesday hit back against Trump-allied Republican lawmakers who drafted articles of impeachment against him, …

When Apple gaps higher immediately after its earnings report in the after hours, the next day it typically gives back some of that gain, declining by an average of nearly 1 percent between the opening and closing bells. Birinyi Associates studied Apple’s post-earnings behavior since 2009. It found Apple stock …