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Why Did Netflix Tank After Earnings? Here's Why

Goldman's CEO-in-waiting just released his first electronic dance single, a remix of a popular Fleetwood Mac song, and it's already a hot song of the summer on Spotify

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Amazon Foes Walmart and Microsoft Deepen Tech Partnership

a day agowsj.com

Walmart Inc. agreed to use Microsoft Corp.’s cloud technology to power functions that could include algorithms for purchasing and sales-data sharing with vendors, the two companies said, deepening a p...

Goldman Expected to Formally Name Successor to C.E.O. Lloyd Blankfein

2 days agonytimes.com

Goldman Sachs is expected to name its president, David M. Solomon, as its next chief executive early this week, according to people briefed on the plan. The announcement would formally establish Mr. S...

UBS downgrades FedEx on trade war risks, upgrades UPS on domestic performance

2 days agocnbc.com

UBS swapped out its pick of parcel delivery services Monday, raising its near-term outlook on UPS stock to a "buy" rating while lowering its rating on shares of FedEx to "neutral." About 55 percent of...

BlackRock is evaluating cryptocurrencies, CEO says

2 days agoreuters.com

BlackRock Inc (BLK.N) Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group that is looking at blockchain technology and cryptocurrencies, such as b...

Roku's new wireless speakers are innovative, but likely a niche product

2 days agothestreet.com

For Roku (ROKU) users relying exclusively on one of Roku's streaming devices to watch content on their TV, the company's new wireless speakers might just be worth a look. On Monday morning, Roku unvei...

BlackRock quarterly profit rises 25.6 percent

2 days agoreuters.com

(Reuters) - BlackRock Inc (BLK.N), the world’s biggest asset manager, reported a 25.6 percent jump in quarterly profit on Monday, helped by higher investment advisory fees. FILE PHOTO: The BlackRock l...

Bank of America earnings: 63 cents a share, vs expected EPS of 57 cents

2 days agocnbc.com

Bank of America is expected to report second-quarter earnings before the start of trading on Monday. Here’s what Wall Street expects: Earnings: 57 cents per share, 24 percent higher than a year ...

BlackRock Sees Outflows From Equity Products

2 days agobloomberg.com

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Netflix shares fall ahead of earnings; here's what to watch for on Monday

5 days agothestreet.com

On average, analysts polled by FactSet expect Netflix to report Q2 revenue of $3.94 billion (up 41% annually) and GAAP EPS of $0.79, and to guide for Q3 revenue of $4.13 billion (up 38%) and EPS of $0...