Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google is launching a new effort called “Simple Sprint” in an effort to improve efficiency and improve employee focus in an uncertain economic environment. The Alphabet The company went all … Read more
Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google is launching a new effort called “Simple Sprint” in an effort to improve efficiency and improve employee focus in an uncertain economic environment. The Alphabet The company went all … Read more
Shares of Roku Inc. fell to a record drop on Friday after the streaming company admitted a “significant drop” in ad spend helped push it to weaker-than-expected results and could linger beyond the near quarter. best. “Consumers have begun to curtail discretionary spending and advertisers have dramatically cut spending in the ad-distributed (TV ads purchased … Read more
Amazon.com Inc. decided to cut back after years of pouring money into growth and resulting in a second straight quarter loss, but a sales beat and continued strong growth from Amazon Web Services helped propel Stocks edged higher in after-hours trading Thursday. Amazon AMZN, + 1.08% reported a second-quarter loss of $2 billion, or 20 … Read more
Font size Sales fell in Roku’s online music player business. Justin Sullivan / Getty Images Five is the latest victim of a slowing advertising market. Shares of the tethered TV company fell after the streaming company warned investors that slowing advertising and consumer spending would hurt sales. Five (ticker: ROKU) reported a second-quarter net loss … Read more
Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once during an online session. However, after an unfortunate slide, Yahoo is just another site that has a following with fans in certain parts of Asia and offers some niche products. Did … Read more
Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once during an online session. However, after an unfortunate slide, Yahoo is just another site that has a following with fans in certain parts of Asia and offers some niche products. Did … Read more
Alphabet Inc. and Microsoft Corp. Both reported disappointing results on Wall Street on Tuesday, but not only were investors not disappointed, the two actually saw their shares rise in after-hours trading. Amid tough economic signs, tech stocks have tumbled so far this year, and fears of a downturn in Big Tech names have buoyed Wall … Read more
Alphabet Inc. and Microsoft Corp. Both reported disappointing results on Wall Street on Tuesday, but not only were investors not disappointed, the two actually saw their shares rise in after-hours trading. Amid tough economic signs, tech stocks have tumbled so far this year, and fears of a downturn in Big Tech names have buoyed Wall … Read more
Font size Concerns about inflation and recession have weighed on investors. Ed Jones/AFP via Getty Images The stock market fell on Tuesday after Walmart warns that inflation will eat into its earnings as consumers’ spending habits change. By noon, Dow Jones Industrial Average fell 214 points, or 0.7%, while S&P 500 fell 1.2% and Nasdaq … Read more