For years, Facebook has been trying to copy Snapchat. On Wednesday, the CEO of Snapchat’s parent company finally responded.
During Snap’s (SNAP) first earnings call as a public company, CEO Evan Spiegel was asked by an analyst if Facebook’s fierce competition scares him. Spiegel laughed and then launched into a biting response.
Plug Power Inc (NASDAQ:PLUG) shares were skyrocketing to kick off the week.
The surge comes amid news the company’s announcement that Amazon.com, Inc. (NASDAQ:AMZN) acquired 23% of the company’s shares. The move comes as the e-commerce retailer seeks to up its spending in the fuel-cell industry.
Top 5 Safest Stocks To Own For 2017: Hawaiian Holdings, Inc.(HA)
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Weyerhaeuser (WY) wouldn’t normally top your list of big movers, let alone the biggest mover in the S&P 500. But thanks to a note from Goldman Sachs today, Weyerhaeuser was the hottest stock in the S&P 500.
Shares of Weyerhaeuser, which has a market capitalization of $22.7 billion, gained 5.7% to $32.08its largest move since February 2012while the....More>>>
The U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White, after nearly four years as the agencys head, recently announced that she intends to leave at the end of the Obama administration.
Under Whites leadership, the agency strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis.....More>>>
The beginning of 2016 was so bad, investors fretted that the market was heading for a repeat of the financial crisis. Instead, stocks have turned positive on the year.
The Dow Jones Industrial Average has gained 185.04 points, or 1.1%, to 17,510.80 at 2:38 p.m. today, putting it up 0.5% for the year. The S&P 500, meanwhile, has gained 0.8% to 2,043.01, putting....More>>>
Tesla Inc. (NASDAQ: TSLA) trades near an all-time high of $280. With earnings upcoming next week, strong results could make its shares surge again. Itsmarket cap of nearly $44 billion is only slightly below the market cap of Ford Motor Co. (NYSE: F), one of the world’s largest car companies, which sits at $49.5 billion.
Earlier this week, 24/7 Wall St.assessed the value of the two companies.The....More>>>
What a year 2016 was for Infinera (NASDAQ:INFN) shareholders. The stock plunged over 50% last year, as its multiyear run of accelerating 20%-30% growth rates ground to a halt. The story changed from that of a high-growth technology company riding the secular trend of exploding data and bandwidth needs to one of stagnating revenues, profits turning to losses, increased competition, and end....More>>>
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Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins