CarMax stock rises on upbeat results
CarMax (KMX) reported a 12.7% increase in earnings for the first quarter helped by the lower effective tax rate. The…
BlackBerry tops Q1 estimates; net loss widens
IoT and enterprise software-solutions provider BlackBerry Limited (BB) reported adjusted revenue and earnings that beat analyst estimates for the first…
Attention vertical video haters, here is why IGTV is going to be YouTube’s biggest rival
YouTube has been the undisputed video sharing platform ever since people started posting videos online. It has everything a creator…
Oops! Amazon accidentally reveals Prime Day schedule
Amazon’s big summer sale, the Prime Day, which has been around for three years, is probably much bigger than Black…
Red Hat stock plunge on weak guidance; Q1 earnings tops estimates
Open source solutions provider Red Hat (RHT) reported yet another quarter of revenue growth, consistent with the trend it has…
Amazon, other e-commerce stocks tank after court ruling on sales tax
Easing concerns that certain tax collection practices of e-commerce firms are causing huge losses to the government, the Supreme Court…
Starbucks is hoping to mollify investors with summer-special beverages
Things have not been going so great with Starbucks (SBUX) lately. Its shares are currently trading at a yearly low…
Microsoft ups the ante on AI with Bonsai deal
Microsoft seems to be on a buying spree. Within 2 weeks after gobbling up code hosting platform GitHub for $7.5…
A smart revolution is sweeping the home assistant market
The perennial battle between Alphabet’s Google (GOOG, GOOGL) and Amazon (AMZN) to outsmart each other in the lucrative home device…
Ford tops US carmakers in auto quality ranking; Korean companies shine
Amid tough times that involve emission scandals and autonomous vehicle mishaps, the automotive industry appears to be doing well. A…