Asian stocks were subdued early on Tuesday, following the mixed close on Wall Street as investors shifted their focus to corporate earnings and as oil prices fell. The Nikkei 225 edged higher by 0.21 percent in early morning trade as Japanese markets reopened for trade after a holiday. Most sectors traded higher, but gains were […]
Read moreAmazon is having a bad day. After reeling from technical glitches that prevented many shoppers from accessing bargains on Prime Day, the company’s biggest shopping day, the company announced another outage that makes it harder for Amazon Web Services customers to control their usage. The outage is unusual, and is not a positive sign for […]
Read moreThe core theory of Netflix‘s wild run to a $175 billion valuation hasn’t been debunked with one quarter of slower growth than forecast. But the Q2 miss might make some investors reconsider why they’re betting on Netflix in the first place. The basic hypothesis for bulls is that Netflix is on its way massive global […]
Read moreTechnology stocks are headed for a rough session on Tuesday after shares of Netflix, one of the momentum leaders of this bull market, tanked after earnings. Amazon shares fell as well. The Invesco QQQ Trust exchange-traded fund, which tracks the Nasdaq 100 index, dropped 0.7 percent in after hours trading. The Nasdaq 100 is made […]
Read moreNetflix missed its subscriber addition projections for the first time in five quarters, leading shares to tumble more than 14 percent. The company reported second-quarter earnings after the market closed on Monday. In addition to a slight miss on revenue compared to estimates, Netflix posted a huge miss on subscriber additions. The company only added […]
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The start-up envisions the technology will completely change the way we use our devices. “Your phone, a tablet, the computer that’s built into a kiosk at the airport. All of those things are potential areas in which CTRL-labs can completely change the means by which you interact with those experiences,” Reardon said. The team thinks […]
Read moreRussian President Vladimir Putin said in a press conference Monday he may give U.S. officials access to the 12 alleged Russian intelligence agents and computer criminals named in a Department of Justice indictment Friday. Speaking through a translator, President Putin said the 12 accused men could be questioned by Russian officials, and he would allow […]
Read moreAmazon suffered glitches in the opening minutes of Prime Day on Monday, slowing sales on the e-retailer’s biggest shopping day of the year. Amazon’s annual shopping holiday kicked off at 3 pm E.T. and runs for 36 hours, the longest Prime Day yet. Shoppers reported several errors — on both the desktop site and the […]
Read moreJeff Bezos keeps shattering wealth records – first the richest man in the world. Then the richest man of our time. And now, the richest man in recent history – adjusted for inflation. According to the Bloomberg Billionaires Index, Bezos’ fortune just crossed the $150 billion mark. That’s $55 billion richer than Bill Gates, at […]
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'The United States has been foolish': Read Trump and Putin's full exchange
U.S. President Donald Trump and Russian President Vladimir Putin held a press conference at their summit in Helsinki, Finland on Monday, where the two leaders discussed issues ranging from Russian meddling in the 2016 U.S. presidential election to nuclear arms proliferation, the war in Syria and cooperation on energy. The summit took place only days […]
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