The FANG stocks’ earnings season started off strong as Netflix crushed subscriber expectations Monday. One analyst is optimistic the other internet giants in the famed technology basket will also report strong earnings results next week. Netflix shares surged 15 percent in the two days following the stunning results. “We expect its FANG brethren to continue […]

Twitter is working on a tool to make it easier to post video instantly, according to a report from Bloomberg. The social media company is working on a Snapchat-like video feature that would cut down the process of taking video in a separate camera app before uploading to Twitter, Bloomberg reported, citing people familiar with […]

Bitcoin trading is “gambling,” Canada’s central bank governor told CNBC on Thursday, adding that he was looking into developing regulations around cryptocurrencies. Stephen Poloz, who heads up the Bank of Canada, said buyers of digital coins should “beware” and that he would not call cryptocurrencies assets. “They are crypto but they are not currencies,” Poloz […]

Amazon’s cloud computing business is just getting started, according to one Wall Street firm. D. A. Davidson increased its price target for Amazon shares to $1,800 from $1,500, representing 33 percent upside to Wednesday’s close. It is also the highest target out of the 42 analysts who cover Amazon, according to FactSet. “We see two […]

Whether you’ve used bitcoin as an investment or as a currency, you owe taxes on it. As far as Uncle Sam is concerned, bitcoin is not currency. It’s property. That means whenever you buy something with bitcoin, it’s two transactions, not one. What you’re actually doing is selling a property (bitcoin) for a cash value […]

STMicroelectronics capped the chipmaker’s best year since 2010 with broad-based revenue growth and rising margins and said auto and industrial demand would offset a seasonal smartphone dip in the first quarter of this year. Fourth-quarter net revenue rose nearly 33 percent to $2.47 billion (2 billion euros). That topped the $2.35 billion to $2.36 billion […]

From the ring to the C-suite, WWE’s Stephanie McMahon has shown the world that she’s a force to be reckoned in both the corporate and wrestling world. Being a part of the family business — where her parents have both held the position of WWE CEO — McMahon currently holds the position of WWE’s chief […]

Ford still has work to do to be a truly “fit” company, said CEO Jim Hackett on Wednesday. The second-largest automaker said it is not yet fit enough to offset headwinds from higher commodity prices, which the company expects to continue to affect finances in 2018. “Ford is a strong company,” Hackett said on a […]

After a whiplash in the major averages on Wednesday drove the stock market to soaring highs before it fell to tumultuous lows, CNBC’s Jim Cramer realized he needed to reevaluate. “I realized it’s time to adopt a new view about this market,” the “Mad Money” host said. “We have a 9:30 to 11:00 a.m. session. […]

As Logitech International gains market share around the world, CEO Bracken Darrell told CNBC on Wednesday that he sees three central growth drivers for the company going forward. “We have three ways to grow: the markets we’re in are generally growing, some of them strongly. We can gain share if we innovate well, and we’re […]