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Face-Off: Amazon’s facial recognition tool really messed up this time
Amazon’s (AMZN) facial recognition tool Rekognition misidentified 28 Congress members as illegal suspects. The tool was tested by...
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LIVE BLOG: Amazon Q2 2018 earnings call
Amazon shares are up about 3.2% at 6 PM ET Conference call ends Seeing good traction in Prime...
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Data-centric business drives Intel’s Q2 earnings, but stocks slip
Intel (INTC) reported a 78% jump in earnings for the second quarter helped by strong growth in data-centric...
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Mastercard stock falls despite Q2 earnings beat
A marked increase in revenues lifted Mastercard’s (MA) earnings, which surpassed analysts’ forecast in the second quarter. However,...
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LIVE BLOG: Facebook Q2 2018 earnings call
When the market opens on Thursday, Facebook is expected to register its steepest one-day decline since it became a...
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PayPal’s stock tumbles despite earnings beat
PayPal (PYPL) which has been on an acquisition hunt in the last two months reported its second-quarter results...
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Qualcomm drops NXP deal, stock climbs on upbeat Q3 results
Qualcomm (QCOM) reported a 41% jump in earnings for the third quarter driven by solid execution, including strong...
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Upbeat Q2 results no help to Gilead Sciences as CEO resignation sends shares down
Lower product sales and prescription trends continued to batter Gilead Sciences (GILD), as earnings slipped more than 40%...
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Fiat Chrysler cuts outlook; auto legend Sergio Marchionne passes away
Fiat Chrysler Automobiles N.V. (FCAU) stock opened lower and remained grounded after an unexpected 35% dip in profit...
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Netflix, YouTube are the Pied Pipers of cord-cutting
Netflix (NFLX) has been giving traditional cable companies nightmares for quite some time now. Several major companies in...
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Grubhub shares skyrocket on Q2 earnings beat and strong outlook
Online food-ordering platform Grubhub (GRUB) reported earnings and revenue for the quarter ended June 30, 2018 topping Wall...
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Facebook enters China; turns to local talent for ‘innovation’
Facebook (FB) is the latest among the American companies trying to gain a foothold on Chinese soil, after...