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Amazon misses, stock tanks (AMZN)
Amazon’s slower-than-expected cloud business growth and rising fulfillment center costs took a toll on the company’s fourth quarter results.Amazon's Q4 finacial results missed Wall Street targets...
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STOCKS RALLY: Here's what you need to know (DIA, SPX, SPY, QQQ, IWM, TLT,...
Stocks bounced on Thursday as Facebook was the big winner, oil surged again, and econ watchers turned their attention towards Friday's big fourth quarter GDP report. First, the scoreboard:Dow:...
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Viacom's Redstone to undergo mental exam on Friday
LOS ANGELES (Reuters) - Viacom Inc Executive Chairman Sumner Redstone will undergo an examination on Friday by a doctor hired by an ex-girlfriend in a lawsuit that challenges his mental competency, a...
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The ‘Be Like Bill’ Facebook memes driving everyone crazy have a darker side...
The recent viral "Be Like Bill" memes that have taken over Facebook feeds are more than just annoying – they could actually be compromising your personal information.Produced by Jenner DealFollow BI...
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Amazon revenue rises 22 percent in holiday quarter
(Reuters) - E-commerce giant Amazon.com Inc reported a 21.8 percent rise in quarterly revenue, helped by strong holiday-period shopping and robust growth in its cloud services business.The world's...
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GM names executive to lead autonomous driving efforts
By Joseph WhiteDETROIT (Reuters) - General Motors Co said on Thursday it is reorganizing certain vehicle engineering operations to speed efforts to develop autonomous and electrified vehicles.Doug...
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Federal Reserve releases scenarios for 2016 bank stress tests
WASHINGTON (Reuters) - Large financial firms will have to show how they would survive a "severely adverse scenario", including a global recession where U.S. unemployment shoots up to 10 percent and...
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This graphic shows how the US defense budget dwarfs the rest of the world's
Even as the US continues to try draw down its military engagements and spending, the country's military spending remains nearly three times as large as the world's second-largest defense spender. The...
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Amazon's cloud juggernaut earned almost $2 billion last year (AMZN)
Amazon's cloud computing business, Amazon Web Services, earned $1.86 billion on $7.88 billion in revenue last quarter.It's running just shy of a $10 billion run rate, said CFO Brian Olsavsky. That...
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Microsoft reports 10.1 percent fall in quarterly revenue
(Reuters) - Microsoft Corp reported a 10.1 percent fall in quarterly revenue on Thursday, squeezed by a strong dollar as well as a weak personal computer market that has reduced demand for the...
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Qatar Airways is planning to launch the longest flight in the world
Qatar Airways may be about to launch the longest flight in the world.Airline CEO Akbar Al Baker told Bloomberg last week that Qatar will add an ultra-long-haul route between the company's hub in Doha,...
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Someone used more modern metrics to measure the Chinese economy — and it's ugly
If you don't believe the Chinese government's economic growth statistics, then you're not alone — and you haven't been for some time.That is perhaps why global-consulting firm The Conference Board...
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Here's exactly how Google's parent company will report its first broken-up...
Next Monday, Google parent-company Alphabet will break up its earnings for the first time into two categories: "Google" and "Other Bets." The company just published an explainer on its investor...
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Billionaire Saudi prince fires back after Donald Trump promotes fake photo of...
Billionaire Saudi Prince Alwaleed bin Talal fired back at Donald Trump on Thursday after the Republican presidential front-runner promoted a fake photo of him to attack Fox News.Trump shared a photo on...
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Nasdaq CFO to leave company, joins ITG's board
NEW YORK (Reuters) - Lee Shavel, chief financial officer of Nasdaq Inc is leaving the transatlantic exchange operator as of March 31 and is joining the board of directors of brokerage Investment...
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NYSE calls for coordination among exchanges to ease volatility
By John McCrankNEW YORK (Reuters) - The New York Stock Exchange on Thursday recommended reforms to the U.S. equities market which it said could improve stability and prevent a repeat of the wild price...
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These will be the up-and-coming neighborhoods in 30 major US cities in 2016
In the market for a home?If yes, then you may want to consider looking in the hottest neighborhoods out there, where your home value could continue to grow over the next several decades.Real-estate...
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Satya Nadella's master plan for Microsoft is starting to work (MSFT)
Today, Microsoft reported solid quarterly earnings, and investors are pleased. The stock is up about 3% after hours.Unlike Netflix and its subscriber numbers, or Facebook and its monthly active users,...
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U.S. crude extends rise on hopes of supply cuts to tackle glut
SEOUL (Reuters) - U.S. crude oil futures extended gains on Friday to take their weekly rise to more than 4 percent on hopes of a global deal between oil-producing countries to help tackle a growing...
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Hedge funds are saying they can't make money on 42 of the most important...
Hedge funds aren't supposed to just generate a few percentage points of return for you — they're supposed to hit it out of the park.They're supposed to generate "alpha."But according to a Morgan...
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