Netflix’s price hikes might be a good thing
Netflix Inc. (NFLX) is raising its monthly subscription prices in the US. The lowest plan rate will go from $8...
Technology
Snap’s stock plunges 11% after news of CFO’s exit
Snap Inc. (SNAP) saw its shares topple 11.7% in morning trade on Wednesday after the company disclosed that its CFO...
Fiserv’s $22-bln buyout of First Data will redefine fintech, payment processing
After a year of hectic M&A activity, more US companies are taking the consolidation route to streamline operations and enhance...
Salesforce might buy ClickSoftware for $1.5 billion
Cloud-computing giant Salesforce.com (CRM) is said to be in talks with ClickSoftware Technologies to buy the Tel Aviv-based software developer...
Microsoft-Walgreens deal highlights an emerging trend in healthcare sector
While the healthcare sector is witnessing a dramatic change in the way companies operate, marked by high-profile partnerships, the tech...
Netflix Q4 earnings preview: A clash of content and cash
Following a highly volatile year when the market cap see-sawed between $90 billion and $180 billion, Netflix (NFLX) is reporting...
IHS Markit reports mixed Q4 results
London-based information provider IHS Markit (INFO) reported fourth-quarter earnings that surpassed analysts’ estimates on Friday. Earnings for the quarter came...
Shaw Communications stock jumps on upbeat Q1 earnings
Shaw Communications Inc. (SJR) reported a 68.5% jump in earnings for the first quarter helped by continued growth in Wireless,...
Huawei remains in spotlight, but for all the wrong reasons
It seems there is no end in sight for the controversies surrounding Chinese tech company Huawei. While security agencies for...
Apple is introducing three new iPhones but is that enough?
Apple Inc. (AAPL) is coming up with three new iPhones in 2019, and one of them will be an XR...
GM to take on Tesla in the EV market with Cadillac brand
Cadillac will be General Motors’ (GM) flagship brand for electric vehicles, the company announced in a press release on Friday....
GM’s bullish view on restructuring, profitability sends stock soaring
In an indication that the ongoing restructuring program is progressing as planned, General Motors (GM) Friday released a bullish outlook...
Slack likely to make stock market debut this year through direct listing
After building a strong user base, direct messaging app Slack Technologies has been planning to go public for some time...
A quick look at analyst recommendations on Netflix (NFLX) stock
Netflix (NFLX) on Friday received a major fillip after two analysts upgraded the stock with positive commentary. Shares jumped almost...
Infosys Q3 revenue beats estimates; earnings miss
Infosys (INFY) reported better-than-expected revenues for the third quarter of 2019 while earnings came in shy of estimates. The stock...
Synnex stock rises on upbeat Q4 results, guidance
Synnex Corp. (SNX) reported a 24.3% jump in earnings for the fourth quarter helped by strong demand in Technology Solutions...
BoA gives double upgrade as Twitter intensifies fight against spam
For the social media sector, 2018 was a year of great significance, and the most valuable takeaway from the recent...
Blizzard Entertainment renews China deal amid faltering user growth
When Activision Blizzard (ATVI) partnered with China-based NetEase (NTES) more than a decade ago, the main attraction was the growing...
Apple vs. Amazon – Which is a better stock in 2019?
While the elite FAANG stocks were much sought-after at the beginning of last year, things took a grim turn around...
Plug Power predicts preliminary 2018 revenue to jump 40% from a year ago
Plug Power on Wednesday announced preliminary revenue of $182-185 million for 2018, jumping 40% from last year. Plug Power also...
VOXX International beats Q3 earnings estimate but misses on revenue
VOXX International Corporation (VOXX) reported better-than-expected earnings for the third quarter of 2019 but revenues missed estimates. The stock was...