Facebook on Tuesday announced new ways it’s enhancing M, the virtual assistant inside the company’s Messenger messaging app. Now M will give you a few ways to wish happy birthday to your friends. It will also appear at the bottom of the chat window to help you do certain things within Messenger based on what’s […]
Read moreAlibaba shares, already among the market’s best performers, will surge as new marketing data services boost the e-commerce giant’s financial results, according to JPMorgan. Analyst Alex Yao resumed coverage on Alibaba with an overweight rating and a 12-month price target of $190, representing 33 percent upside from Monday’s close. “We believe Alibaba’s core commerce is […]
Read moreU.S. home prices rose slightly less than anticipated in April, according to the S&P/Case-Shiller U.S. National Home Price Index. The national home price index increased 5.5 percent in April, versus 5.8 percent in March. Analysts were expecting an increase of 5.9 percent for the month, according to Thomson Reuters consensus estimates. The widely tracked 20-city […]
Read moreSprint may have a new chance at success, and it doesn’t involve a T-Mobile merger, Wells Fargo senior analyst Jennifer Fritzsche told CNBC on Tuesday. Fritzsche spoke a day after The Wall Street Journal reported that Sprint has entered into exclusive talks with Charter and Comcast on a potential deal for the cable companies to […]
Read moreSalesforce Chief Executive Marc Benioff revealed on Tuesday that he has been at his most aggressive with President Donald Trump when advising him to implement apprenticeship schemes to help retrain swathes of U.S. workers. Benioff first raised hopes of introducing an extensive apprenticeship program at a White House meeting in March. He emphasized that the […]
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In July 2016, the Commission fined MAN, Volvo/Renault, Daimler, Iveco, and DAF a total of 2.93 billion euros for forming a cartel and colluding on truck prices for 14 years. The largest individual fine was on Daimler for 1.008 billion euros. DAF was hit with a fine of 752 million euros, while Volvo/Renault was fined […]
Read moreAmazon‘s new Echo Show, which begins shipping to customers this week, has a really creepy feature. It’s called “drop in” and lets pre-approved users suddenly appear on your Amazon Echo for two-way video chats. You don’t answer the video call, your friends and family can just drop right into your home. Sounds like something out […]
Read moreOppenheimer Asset Management’s John Stoltzfus is finding himself in an unusual situation. The S&P 500 has already closed above his bullish 2017 price target, and it’s not even the second half of the year. “We think there’s likely opportunity for us to raise it,” the firm’s chief investment strategist said Monday on CNBC’s “Trading Nation.” […]
Read moreThe U.S. economy needs tax reform, infrastructure spending and better regulations to make sure the benefits of expansion hit everyone, according to the International Monetary Fund. Without mentioning President Donald Trump by name, the IMF’s recommendations dovetail for the most part with the White House’s economic goals. “The U.S. economic model is not working as […]
Read moreShares of Darden Restaurants jumped Tuesday after the company posted better-than-expected fiscal fourth-quarter earnings. The company said it earned $1.18 per share ex-items on revenue of $1.94 billion. Analysts had expected earnings per share of $1.15 on revenue of $1.87 billion, according to Thomson Reuters. In premarket trading, Darden shares were up 2.3 percent. At […]
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