Tesla is expected to release its second-quarter earnings report after the market closes on Wednesday, days after it delivered its first batch of highly anticipated Model 3 sedans. Here is what analysts expect: Adjusted loss per share: $1.82 expected, according to a Thomson Reuters survey Revenue: $2.51 billion, expected, analysts told Thomson Reuters Analysts expect […]
Read moreNasdaq and technology stocks are sending up warning flares that the broader market may be getting ready for a late-summer sell-off. The Dow surged above 22,000 for the first time ever Wednesday, and the S&P 500 and Nasdaq also rode higher after Apple‘s strong earnings cast a positive glow across the market. But those gains […]
Read moreFormer Google executive Jeff Huber has stepped down from the CEO role at early cancer detection start-up Grail after just over a year on the job. Huber started at Google in 2003 and helped develop its ad technology and maps products, then helped lead the formation of the Google X lab. He left Google to […]
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By some measures, investors are more crowded into technology stocks than ever before. Information technology is the best-performing sector this year. Shares of Apple just surged on its earnings Tuesday, sending the Dow Jones industrial average to new heights. And according to a new Bank of America Merrill Lynch report, mutual funds’ exposure to technology […]
Read moreMusic can be a sideshow to a luxury travel experience at Tomorrrowland music festival in Belgium. The electronic dance music festival in the tiny Belgian town of Boom has become a can’t-miss event that, for many, includes snacking on organic granola, relaxing in a luxury cabana, or taking a crossfit gym class. Tomorrowland’s popularity has […]
Read moreThe Dow Jones Industrial Average reached a new milestone, hitting 22,000 during the trading session on Tuesday, but there was less money than you might think riding on the venerable stock index’s latest rise. While the Dow remains the most-watched snapshot of market bullish or bearishness, the DJIA has little to no actual role in […]
Read moreSuccessful technology entrepreneur Rich Barton believes government intervention on Amazon in the future is unavoidable. Barton was asked about his views on Amazon in relation to the Department of Justice’s antitrust investigation of Microsoft during the 1990s in a Bloomberg podcast interview . “I lived through that DOJ thing. It was really rough. It’s no […]
Read moreOh how quickly fear metastasizes. This week, a Facebook research project involving chatbots has become fodder for some dramatic headlines, many alluding to scary versions of what a future with advanced artificial intelligence may hold: “Facebook AI creates its own language in creepy preview of our potential future“ “Creepy Facebook bots talked to each other […]
Read moreIf you squinted just hard enough, it looked like the sexual harassment scandal had battered someone else, not them. Tuesday appeared to be another routine Demo Day for 500 Startups, where a batch of its 31 new chosen companies worked a spartan room, wooing bankers with friendly eyes and over-eagerly digging for business cards. Over […]
Read moreCould an August surprise be in the cards? August is typically lousy for stocks — it’s the worst month for the S&P 500 since 1987, according to the Stock Trader’s Almanac. The bulls are hoping they can confound all expectations and pull out another monthly advance. The hope is that the market will continue to […]
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