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Month: April 2018

Facebook’s first quarter earnings beat triggers stock rally

Social media firm Facebook (FB), which is embroiled in a protracted data breach scandal, posted a marked growth in first-quarter…

Do not write-off Tesla yet; Beijing loves it

While customers were busy cribbing about Tesla’s (TSLA) safety features and investors were chastising CEO Elon Musk for not meeting…

Yahoo slapped with $35 million fine over 2014 data breach

Yahoo (YHOO) has been slapped with a $35 million fine by the US regulators for keeping the largest data breach of…

Google ups the ante in email war, takes on Outlook with revamped Gmail

Ever since it dethroned Microsoft’s (MSFT) email service more than a decade ago, Gmail had a phenomenally successful journey just…

Humana to acquire hospice provider Curo for $1.4 billion

Hospice sector is evolving and health insurer Humana (HUM) is growing its presence in this booming industry amidst speculation that it…

Sky welcomes Comcast, drops support for Fox

Comcast Corporation (CMCSA) formalized its $31 billion bid for Sky plc, thereby pushing ahead of 21st Century Fox (FOXA) and…

Shares dip even as lower taxes lift General Dynamics’ profit

Defense contractor General Dynamics Corp. (GD) posted upbeat first-quarter earnings as an increase in revenue from defense businesses offset a…

With in-car delivery, Amazon takes smart shopping to the next level

All along its successful journey, a strategy that helped Amazon (AMZN) keep ahead of others in the increasingly competitive retail…

NBCUniversal boosts Comcast’s first quarter results

Cable giant Comcast (CMCSA) today reported first quarter 2018 earnings that topped Wall Street expectations, helped by the strong performance in…

Market: Stocks to open mixed ahead of earnings from big shots

US futures are pointing to a mixed open today after ending lower on Tuesday, as investors are cautiously looking forward…