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Business, Stocks

“5 powerful tech companies now make up 18% of the stock market…”

“We are here to say that yes, there is life outside of investing in Apple, Microsoft, Amazon, Google and Facebook. Unfortunately, most investors don’t agree — and it could end badly for them at some point. Those five powerful tech… Continue Reading…

Stocks

“Amazon soars after huge earnings beat”

“Shares of Amazon climbed as much as 11% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joined Apple, Alphabet and Microsoft,… Continue Reading…

Business

“Microsoft earnings up as cloud business continues its expansion”

“Microsoft reported better-than-expected earnings and revenue for the three months ending in December, easily beating analysts’ estimates and sending its stock up 3% in after-hours trading Wednesday… Sales at Microsoft grew 14% from the prior year to $36.9 billion in… Continue Reading…

Business

“Apple delivers best-ever quarter, powered by iPhones, services”

“Apple on Tuesday posted record results for the final three months of last year delivered by gains in iPhone sales even as the company transitions to digital services and wearables… Net profit hit an all-time high of $22 billion on… Continue Reading…

Business

“Facebook and Google Are No Longer Among the 10 Best Places to Work, According to Glassdoor”

“Here’s some news that Facebook is not going to “like.” The social media giant has lost its coveted status as the best place to work, and its competitor Google isn’t doing much better, according to Glassdoor’s annual ranking of the Best… Continue Reading…

Business, Economy, Real Estate

“Apple Commits $2.5 Billion to Ease California Housing Crunch”

“Apple on Monday announced a $2.5 billion plan to help address the housing crisis in California, becoming the latest tech giant in the state to address a problem that it helped cause… Apple joins other Big Tech companies based in… Continue Reading…

Business, Economy, Stocks

Big Tech Companies To Be Broken Up? Anti-Trust Fight Begins

“Last month, Sen. Elizabeth Warren made headlines by releasing a plan to break up tech giants like Facebook, Google and Amazon… Americans for Prosperity, a political advocacy group backed by billionaire Charles Koch, is currently running a two-week long targeted… Continue Reading…

Business

IBM Makes Biggest acquisition In Software History

“… IBM said it would buy cloud computing firm Red Hat for $34 billion — the largest software deal in history. Red Hat, which facilitates the movement of data across various cloud platforms, is an industry leader. Dimitris Mavrakis, research… Continue Reading…