Amazon‘s first NFL live-stream will take place Thursday night at 8:25 PM ET/5:25 PM PT. The Green Bay Packers are hosting the Chicago Bears in an NFC North match-up. The game is the first of the 10 NFL matches Amazon will be streaming this year as part of a $50 million deal. But Amazon’s NFL […]
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BlackBerry shares soared Thursday after the company posted a stronger-than-expected profit of 5 cents per share. Shares of Blackberry were up more than 14 percent, trading at $10.65 a share. The stock is up more than 50 percent this year. Before the opening bell, the Canadian-based company reported fiscal second-quarter earnings of 5 cents per […]
Read moreGoPro announced two new cameras Thursday, the Hero 6 and the Fusion. The Hero 6 camera features 4K footage at 60 frames per second, internal stabilizing technology, and a new, custom-designed processor powering the device, said CEO Nick Woodman at an event to show off the new devices. The Fusion has cameras mounted on the […]
Read moreHome prices are rising in most major cities around the world, but in some they are rising too far, too fast. When prices reach the so-called bubble territory, that is, overvalued in relation to fundamentals like income and employment, they are at a far greater risk of correction. While it is hard to pinpoint exactly […]
Read moreNASA’s goal to reach Mars is just over a decade away, and Lockheed Martin revealed Thursday how humans might soon walk upon the red planet’s surface. Lockheed Martin gave CNBC a first look at its new spacecraft prototype, which the company will unveil Thursday at this year’s International Astronautical Congress in Adelaide, Australia. “This is […]
Read moreSwedish home goods giant Ikea has bought TaskRabbit, according to sources close to the situation. The price of the deal could not be determined, but the contract labor marketplace company has raised about $50 million since it was founded nine years ago. Sources added that TaskRabbit will become an independent subsidiary within Ikea and CEO […]
Read moreAbbott Laboratories stock jumped after the Food and Drug Administration approved the company’s FreeStyle Libre glucose monitoring system, more than a year earlier than Wall Street anticipated. While Abbott shares jumped 4 percent Wednesday after the surprise FDA call, competitor DexCom saw its shares crater by more than 36 percent. Cowen analysts noted approval wasn’t […]
Read moreNoted hedge fund manager Whitney Tilson said he is shutting down his fund at a time when industry assets are growing but returns continue to lag. Tilson notified clients on Sunday that his Kase Capital Management was shuttering the fund. The fund managed $180 million at its peak —a relatively modest sum by the $3 […]
Read moreMcDonald’s new burgers are a big sales hit with consumers, according to one small Wall Street firm which lit a fire under the stock on Thursday. Longbow Research raised its rating for the restaurant chain to buy from neutral, predicting McDonald’s will report sales above Wall Street expectations. “Given our latest positive checks and favorable […]
Read moreIn the tech industry, while jobs are in high demand and offer some of the highest salaries in the country, the wage gap is still apparent. And not just between men and women but among employees of different races, too. An attempt to equalize pay has reached the top of many companies’ agendas, particularly with […]
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