Tag: Online Service Providers
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]
Paytm troubles send One 97’s stock plunging, prompting analyst’s ‘sell’ call
Shares of One 97 Communications Ltd. continued to plunge after a bank used by the company’s popular Paytm mobile payments service was effectively shutdown by [Read more about this post…]
The No. 1 reason investors fail in the long run
As I’m writing this, the U.S. stock market seems to be setting new highs daily. Investors are happy, and for many people the future seems [Read more about this post…]
The busiest and most crucial week for fourth-quarter earnings is here.
The heaviest stretch of the fourth-quarter earnings storm hits this week, with 106 companies set to report results. But results from only five — all [Read more about this post…]
Alphabet, Amazon and Microsoft face FTC probe into AI ‘investments and partnerships’
The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.69% GOOG, +1.75%, Amazon.com, Inc. [Read more about this post…]
Deutsche Bank downgrades Netflix, arguing market has priced in leading position
Blowout earnings aren’t the obvious time for a downgrade. Yet Deutsche Bank, while lifting its price target on Netflix to $525 from $460, has downgraded [Read more about this post…]
Tencent’s Riot Games to cut around 530 jobs, or 11% of its workforce
Videogame maker Riot Games on Monday said it would lay off around 530 employees globally, or around 11% of its total staff, as it tries [Read more about this post…]
These 3 stock-market sectors were only winners in S&P 500’s 2-year trip back to record high
The S&P 500 notched an all-time closing high on Friday, yet most of its sectors were still trading below levels seen when the index reached [Read more about this post…]
Costco is the latest company to crack down on freeloaders. Here’s why.
Is the freeloading era finally coming to a close? That’s what some are asking in light of the news that Costco COST, +0.46% is implementing [Read more about this post…]
Google cutting hundreds of jobs, reports say
Google has laid off hundreds of workers, joining tech companies including Amazon.com in reducing employee count in the new year. News outlets including the New [Read more about this post…]