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Investors can afford to be “cautiously optimistic” at this point in the stock market’s cycle, CNBC’s Jim Cramer said Tuesday after consulting with chartist Rob Moreno. Moreno, the technician behind RightViewTrading.com and Cramer’s colleague at RealMoney.com, sees a convoluted path ahead for stocks. After calling the December bottom, Moreno noticed …
Read More »Google no longer considers Microsoft Cortana a competitor
Michael Short | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google In the rapidly growing virtual assistant market, Google is no longer worried about Microsoft Cortana. In its 2018 annual report, which was published on Tuesday, Alphabet tweaked a line about competitors, removing Microsoft while keeping Amazon …
Read More »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 …
Read More »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 …
Read More »‘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 …
Read More »Third FBI Huawei investigation includes a lab raid, CES sting: Report
Lluis Gene | AFP | Getty Images Visitors pass in front of the Huawei’s stand on the first day of the Mobile World Congress in Barcelonaon on February 27, 2017 in Barcelona. The FBI raided a Huawei lab in San Diego and set up a sting operation at CES in …
Read More »Papa John’s shares jump after Starboard’s Jeffrey Smith named chairman
David Paul Morris | Bloomberg | Getty Images Jeff Smith, chief executive officer and chief investment officer at Starboard Value LP. Shares of Papa John’s jumped 6 percent in the premarket Monday after the company announced activist hedge fund Starboard Value is taking a $200 million stake in the company. …
Read More »Clorox jumps more than 4% after topping profit expectations
Daniel Acker | Bloomberg | Getty Images Colorox brand toilet bowl cleaner sits on display at a supermarket in Princeton, Ill. Clorox shares jumped 5 percent before the bell Monday after it reported second-quarter profits that topped Wall Street’s expectations and reaffirmed its 2019 outlook. The consumer goods maker posted …
Read More »What is WeChat? Explaining China’s largest messaging app by Tencent
WeChat and Alipay have often been described as “super apps” because everything is integrated within one service. Instead of having one app for banking and another for ride-hailing, a lot of these are built directly into WeChat so that the app becomes a one-stop shop for its users. Companies may …
Read More »The grand Super Bowl tradition of soaking coaches with Gatorade
Stephen Dunn | Getty Images The New England Patriots celebrate late in the game against the Seattle Seahawks during Super Bowl XLIX at University of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. Nothing says victory like a coach getting dunked with Gatorade. A tradition that started in 1987, …
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