Facebook – Hits and misses of 2018
Facebook Inc. (FB) had a rough year in general in 2018 but there were some bright spots. Let’s take a...
Technology
Tencent and Netease pops up as China reinstates gaming approvals
Tencent Holdings, the Chinese Internet and gaming conglomerate, and its peer NetEase (Nasdaq: NTES) jumped on Friday following Chinese government’s...
Facebook stock falls on cryptocurrency plans, rating downgrade
Coinciding with the reports that Facebook (FB) is developing a cryptocurrency, brokerages on Friday downgraded the social media giant, sending...
CrowdStrike: The cybersecurity firm you need to watch out for next year
As cyber threats and security breaches increasingly become commonplace, it lays fertile grounds for innovative cybersecurity firms. BlackBerry’s (BB) recent...
Apple rout deepens after Qualcomm wins partial ban on iPhone sales in Germany
The ongoing patent infringement litigation between Apple (AAPL) and Qualcomm (QCOM) took a new turn this week after the latter...
Disappointing run forces Zynga to make its biggest purchase yet, shares pop
The creator of Farmville and Words With Friends, Zynga Inc (ZNGA), has had a tough run in the stock market...
CalAmp stock falls on weak Q4 guidance
CalAmp (CAMP) slipped to a loss in the third quarter from a profit last year, due to a restructuring charge...
Earnings: BlackBerry jumps over 3% after surpassing Q3 expectations
BlackBerry (BB) Thursday reported third-quarter results that surpassed analysts’ expectations. Revenue was flat compared to the year-over period at $226...
Accenture tops Q1 estimates; updates full-year outlook
Accenture (ACN) topped market estimates on both revenue and earnings for the first quarter of 2019 and updated its guidance...
Earnings: Paychex beats street expectations in Q2
Shares of Paychex (PAYX) rose 0.6% after the company reported better-than-expected second quarter results. Earnings rose 20% to $0.65 per...
Jabil Q1 profit jumps 94% beats estimates
Electronics manufacturing company Jabil Inc (JBL) reported a 94% jump in earnings for the first quarter helped by the positive...
Earnings preview: BlackBerry to post upbeat Q3 results
The once-thriving smartphone maker BlackBerry (BB) is set to release its third-quarter earnings results on Thursday before the bell. The...
Micron Q1 revenues miss amid faltering chip demand; earnings beat
Chipmaker Micron Technology (MU) reported a sharp increase in first-quarter earnings, which also exceeded estimates. But the company’s revenues missed...
Confidence of Twitter users, investors hit by deepening security woes
With incidents of data breach becoming increasingly prevalent, going forward the credibility of social networking platforms will depend on their...
Accenture earnings preview: Wall St sees broad-based growth in Q1
Management consulting firm Accenture (ACN) is reporting first-quarter results on Thursday, December 20, before the opening bell. Wall Street expects...
FactSet’s Q1 results top market consensus
FactSet Research Systems (FDS), which provides financial information and analytics software for investment professionals, Tuesday reported better-than-expected first quarter results....
Strong subscription growth drives up Red Hat’s Q3 earnings
Benefitting from a further strong growth in customer growth and stable demand for its hybrid cloud technology solutions, Red Hat...
Oracle surpasses Q2 estimates, stock surges
Oracle (ORCL) reported its second quarter 2019 earnings results which surpassed analysts’ estimates. The tech giant reported earnings of $0.80...
Google drops Chinese search engine plans for now
Alphabet Inc.’s (GOOGL) subsidiary Google is said to have shut down the development of a censored search engine for China,...
Major infrastructure investments by FAANG members
Three members of the FAANG group – Apple (AAPL), Amazon (AMZN) and Google have announced major investments for new infrastructure....
Earnings Preview: Semiconductor slump likely to drag Micron’s Q1 results
Micron Technology (MU) lost significant market value last month after research firm Baird downgraded the stock and slashed the price target,...