Earnings season kicks off with the latest results from JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), and Citigroup (NYSE: C). Take-Two Interactive (NASDAQ: TTWO) plans to buy Zynga (NASDAQ: ZNGA) for $12.7 billion. Elastic's (NYSE: ESTC) CEO moves to the CTO role. Virgin G
Wall Street was set to open higher on Thursday, helped by gains in megacap tech-focused firms a day after hawkish comments from the Federal Reserve weighed on markets.
Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.
Facebook on Thursday secured EU antitrust approval for its acquisition of U.S. customer service startup Kustomer after agreeing to provide rivals free access to its messaging channels for 10 years.
Facebook unit WhatsApp has been given until the end of February to explain changes to its privacy policy and whether this complies with EU consumer protection laws after complaints from consumer groups, the European Commission said on Thursday.
Should you hold onto your shares of Activision Blizzard (NASDAQ: ATVI) after the recent announcement that Microsoft (NASDAQ: MSFT) is acquiring the video game company for $68.7 billion? With shares currently trading more than 18% below its acquisition price, Activision Blizzard m
Wall Street futures treaded water on Thursday, following hawkish comments from the Federal Reserve in the previous session, while attention turned to quarterly results from growth companies and final quarter GDP data.
Meta Platforms (NASDAQ: FB), formerly known as Facebook, is scheduled to report fiscal 2021 fourth-quarter earnings on Wednesday, Feb. 2. The company made a splash in its most recent quarter's announcement when it indicated a significant shift in business focus to the metaverse.
Whether you realize it or not, investors have witnessed history over the past two years. They've navigated their way through the quickest bear market decline of at least 30% (it took about a month), as well as the strongest bounce back rally on record. It took less than 17 months
Britain's competition regulator has launched an investigation into the music streaming market to establish whether innovation is being stifled and if any companies hold excessive power.
SAP said on Thursday it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand its presence in supply-chain financing and working capital management.
Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter.
4 Top Consumer Tech Stocks To Add To Your Watchlist Right NowConsumer tech stocks have gotten off to a rough start this year. For instance, the tech-heavy Nasdaq Composite index is down more than 10% year to date. While buying these growth stocks in the stock market today could b
What happened
Meta Platforms (NASDAQ: FB) might be the king of social media thanks to its all-powerful core assets Facebook and Instagram, but the company's stock wasn't treated like royalty on Wednesday. Investors traded it down by nearly 2% on the day, following cuts to pre-ear
Wall Street expects a year-over-year decline in earnings on higher revenues when Meta Platforms (FB) reports results for the quarter ended December 2021. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor th
Pure Storage, Inc. PSTG has collaborated with Meta Platforms, Inc. FB to support the latter’s new-age AI Research SuperCluster (RSC) project. Meta recently unveiled RSC, which is touted as the tech giant’s breakthrough supercomputer for AI research. Following the announce
Today's video focuses on the following four stocks I am keeping my eyes on this week: Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Meta Platforms (NASDAQ: FB), Roblox (NYSE: RBLX), and Cerence (NASDAQ: CRNC). Here are some highlights from the video.
Israeli spyware firm NSO Group said on Wednesday it is in talks with a number of U.S. funds over "various financial moves", confirming media reports that it was discussing a sale of its assets.