“We had a strong but not stellar Q2,” Netflix said in a quarterly letter to shareholders. Netflix said it had “over-forecasted” quarterly fluctuations in the pace of new customers. Before the earnings report, Netflix shares had gained 109 percent, making it the second-strongest performer on the S&P 500 index . …read more […]
“We had a strong but not stellar Q2,” Netflix said in a quarterly letter to shareholders. Netflix said it had “over-forecasted” quarterly fluctuations in the pace of new customers. Before the earnings report, Netflix shares had gained 109 percent, making it the second-strongest performer on the S&P 500 index (.SPX). …read more […]
Which semiconductor equipment stock is the better buy today? …read more […]
Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar was on the defensive ahead of Federal Reserve Chairman Jerome Powell’s first congressional testimony.
Federal Communications Commission Chairman Ajit Pai said on Monday he had “serious concerns” about Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co , a surprise move which could potentially scuttle the deal and sent shares of both companies tumbling.
VMware CEO Pat Gelsinger can’t help but smile when asked about the boardroom drama that consumed his company for months, but that successfully resolved itself — in his favor, no less — earlier this month. …read more […]
Silicon Valley e-cigarette start-up Juul Labs is bringing its small flash drive-sized vaping device to the United Kingdom this week, aiming to reproduce its break-neck U.S. growth overseas.
Shares of Tesla Inc fell 2.75 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week.
International Business Machines Corp on Monday asked a U.S. jury to award it $167 million in a lawsuit accusing e-commerce marketplace operator Groupon Inc of using patented technology without authorization.
The little birdie’s flying high, but is it worth the price? …read more […]
Netflix Inc’s subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company’s expansion is slowing.
The S&P 500 ended slightly lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America’s results reinforced expectations of a strong U.S. earnings season.
Amazon says it’s working to resolve the glitches on its website that kept shoppers from buying on its much-hyped Prime Day. The hiccups could mute sales and send shoppers elsewhere on one of Amazon’s busiest sales days. Shoppers clicking on many Prime Day links after the 3 p.m. ET Monday launch in the U.S. got only images of dogs — some quite abashed-looking — with the words, “Uh-oh. …read more […]
Hawaii officials have updated the number of people injured after an explosion sent lava crashing through the roof of a tour boat off the Big Island, saying 23 were hurt. Nine people with superficial injuries drove themselves to the hospital, and an additional 10 passengers were treated at the harbor for superficial injuries. The fire department says lava left a large hole in the roof of a tour boat that takes visitors to see molten rock flowing into the ocean. …read more […]
Lockheed Martin Corp is being awarded a $451 million contract modification to a previously awarded contract for material and detail design in support of the construction of four Multi Mission Surface Combatant ships, the Pentagon said on Monday.
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