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Internet stocks have crushed the market this year, and one Wall Street firm believes the strong performance will continue. Jefferies’ research team shared its top internet stock ideas in a note to clients Thursday. “We take a deep dive into the current state of the internet and interactive entertainment sectors, examining themes such as cloud […]

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A U.S. Democratic senator on Friday questioned the Federal Trade Commission’s quick approvalof Amazon‘s purchase of Whole Foods Market this week, less than three months after the $13.7 billion deal was announced. The FTC said on Wednesday that it had ended its antitrust investigation without seeking a second request for additional information on a deal […]

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Wall Street punished GameStop on Friday, a day after the company posted weaker-than-expected earnings and margins. The stock price was down more than 13 percent Friday afternoon. Despite strong revenue and same store sales, GameStop’s earnings per share fell just shy of estimates. The video game retailer posted adjusted second-quarter earnings of 15 cents per […]

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Tesla and SpaceX CEO Elon Musk has repeatedly said society needs to be more concerned about safety with the increased use of artificial intelligence. “If you’re not concerned about AI safety, you should be,” Musk recently tweeted. TWEET Jenny Dearborn, chief learning officer at software solutions company SAP, agrees. In fact, she says it’s critical […]

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Appearing at a gathering of U.S. governors this February, the Trump administration’s top transportation official pledged she would work swiftly to help put more self-driving cars on the country’s roads. “There’s a lot at stake in getting this technology right,” Secretary Elaine Chao stressed at the time. Six months later, however, the Trump administration has […]

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