It’s the peak of the second quarter earnings season, with about 150 S&P 500 The companies are expected to report this week. The highlights on the economic calendar will be a pair of purchasing and work managers’ indexes on Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Modern … Read more
It’s the peak of the second quarter earnings season, with about 150 S&P 500 The companies are expected to report this week. The highlights on the economic calendar will be a pair of purchasing and work managers’ indexes on Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Modern … 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
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
The cat is out of the bag – and probably all over your Twitter feed. “Stray”, a new video game for Sony’s SONY, + 3.42% PlayStation and Microsoft MSFT, + 2.08% Windows, allows the player to explore an underground cyberpunk city like a ginger cat trying to find his way back to his family. The … Read more
The cat is out of the bag – and probably all over your Twitter feed. “Stray”, a new video game for Sony’s SONY, + 3.42% PlayStation and Microsoft MSFT, + 2.08% Windows, allows the player to explore an underground cyberpunk city like a ginger cat trying to find his way back to his family. The … Read more
Font size Microsoft has updated its guidance to reflect higher foreign exchange flows ahead of its fourth-quarter earnings report. Jeenah Moon / Getty Images Microsoft will not be immune to a economic Citi said, reducing its share price target. However, the tech giant’s growth in cloud-based services and the recent drop in share prices make … Read more