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Monthly Archives: February 2019

Profits in first quarter expected to decline as company outlooks slip

For investors cheering this earnings season, there could be trouble ahead. As the fourth-quarter results roll in, the S&P 500 is poised to post an average earnings growth rate of 12.4 percent, the fifth straight quarter of double-digit growth. These results have boosted the stock market, with the S&P 500 …

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Facebook Messenger will now let anyone unsend messages

Getty Images Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook’s F8 Developer Conference on April 18, 2017 at McEnery Convention Center in San Jose, California. Facebook Messenger now gives anyone the option to delete a regretful or mistaken message from their chat history. Facebook initially promised the feature …

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Ex-Manchester United boss Jose Mourinho settles tax fraud case

Matthew Peters | Manchester United | Getty Images Manager Jose Mourinho of Manchester United watches from the touchline during the Premier League match between Manchester United and Leicester City at Old Trafford on August 10, 2018 in Manchester, United Kingdom. Former Real Madrid and Manchester United manager Jose Mourinho accepted …

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Alphabet Q4 earnings: All the important numbers

Bloomberg | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Inc., attends a news conference in New Delhi, India, on Wednesday, Jan. 4, 2017. Alphabet appears to have spooked investors with its fourth-quarter earnings report Monday. The stock shed 3 percent immediately after the report and opened …

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Warren, Sanders, Ocasio-Cortez propose taxes on the rich ahead of 2020 election

The big new idea on taxing the rich is actually a bit of a throwback. The current debate kicked into overdrive in January, when Ocasio-Cortez, a 29-year-old freshman representative who is not eligible to run for president because she’s six years too young, floated a 70 percent marginal tax rate …

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This earnings trend hasn’t happened since beginning of bull market

Independent research firm Bespoke Investment has uncovered an earnings trend that hasn’t happened since the bull market started. According to its co-founder Paul Hickey, companies are seeing their strongest stock price performances on the days they’re reporting earnings in a decade. “The average return of companies reporting earnings so far …

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Apple HomePod smart speaker market share

Getty Images A prototype of Apple’s new HomePod is displayed during the 2017 Apple Worldwide Developer Conference (WWDC) at the San Jose Convention Center on June 5, 2017 in San Jose, California. Apple’s smart speaker is struggling to grab market share from the Amazon Echo and Google Home. A new …

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Russia says it must develop new nuclear missiles after INF end

Alexei Nikolsky | TASS | Getty Images Russia’s President Vladimir Putin and Russia’s Defense Minister Sergei Shoigu during a meeting at Moscow’s Kremlin. Russian Defense Minister Sergei Shoigu said his country should develop new ground-based hypersonic and cruise missiles in a direct response to the apparent ending of a nuclear …

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Southwest Airlines set for first test flight to Hawaii

Scott Olson | Getty Images A Southwest Airlines jet leaves Midway Airport in Chicago, Illinois. Southwest Airlines is making its maiden voyage to Hawaii this week — but there won’t be any vacationers aboard. Federal safety inspectors will fly on the Boeing 737-800 from Oakland to Honolulu in a key …

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‘I have moved on’ from Walmart ouster

Noah Seelam | AFP | Getty Images Flipkart co-founder Binny Bansal speaks during the launch of Flipkart’s largest fulfillment center on the outskirts of Hyderabad on October 30, 2015. Flipkart founder Binny Bansal said he has “moved on” and is focused on a new venture aimed at mentoring start-ups following …

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