Oracle Corp. shares declined in the extended session Thursday after the enterprise software company forecast its outlook, after the company topped Wall Street estimates again amid a wave of stock buybacks. Oracle shares ORCL, -0.02% , which had bounced up and down about 1% after hours before the outlook wasRead More →
Box Inc. shares are plunging toward their worst day in a year after the company reported a quarter that showcased its “worst execution since its 2015 IPO.” That’s according to Canaccord Genuity analyst Richard Davis, who became less upbeat about the company’s prospects following the report. Davis highlighted Box’s BOX,Read More →
A year after TiVo Corp. embarked on a “strategic review” of its business, it still hasn’t found a strategy for investors to review. On Feb. 27, 2018, TiVo said it was “evaluating a wide range of strategic alternatives to realize long-term shareholder value,” ranging from “transformative acquisitions that would accelerateRead More →
Do you use an app to help you count steps? Or does your company offer an app to monitor your health? Nearly every facet of our lives can be tracked now, but they can be detrimental to your privacy. Some health apps are reevaluating their relationships with Facebook FB, +1.69%Read More →
A short week on Wall Street brings a fairly light earnings slate, with one huge Dow component arriving at an anxious time for the retail sector. The key name to watch is Walmart Inc. WMT, +1.49% which will give a glimpse into the all-important holiday season and also provide informationRead More →
Amy Zhang, manager of the Alger Small Cap Focus Fund, explained last April how she had improved the fund’s performance since taking over the portfolio in 2015. She hasn’t lost her touch since that conversation. Here’s a link to the April 2018 interview in which Zhang explained her stock-selection processRead More →
The outsize success of ‘Fortnite’ has begun to punish the world’s largest videogame makers. Electronic Arts Inc. EA, -13.31% stock plunged 13.3% Wednesday, and Take-Two Interactive Software Inc. TTWO, -13.76% shares plummeted 13.8% after both publishers predicted worse financial performance in the current quarter than expected. Other videogame makers sufferedRead More →
After several months of bad news at Snap Inc., Snapchat’s performance in the fourth quarter sent the beleaguered stock soaring back with gains of more than 20% in after-hours trading Tuesday. Sound familiar? It should, because we played this game last year at the same time, when Snap SNAP, +1.59%Read More →
Electronic Arts Inc. stock plunged toward its worst decline since the dot-com bubble in after-hours trading Tuesday, after the videogame maker missed holiday-season sales estimates and lowered its forecast. If EA EA, +4.63% stock’s roughly 18% decline in the extended session Tuesday carries into regular trading Wednesday, it would contendRead More →
When Snap Inc. last reported earnings, the biggest concerns were the redesign of Snapchat and a declining user base. Ah, what an innocent time. In just the first month of 2019, Snap SNAP, +0.29% experienced two controversial executive departures that have raised questions about stability at the young app company.Read More →
Welcome to the future. Two classic science-fiction films — “Blade Runner” and “The Running Man” — are both set in 2019, and although the films envisioned a few details that aren’t a reality right now, many of their themes nailed current modern life in America. “I call science fiction ‘realityRead More →
Cybersecurity stocks received a boost Friday following strong earnings results from Symantec Corp. and Proofpoint Inc. Shares of Symantec Corp. SYMC, +8.99% rallied 9% to close at $22.91, touching an intraday high of $24.05, after the security company’s earnings topped Wall Street estimates late Thursday. Symantec also announced Chief FinancialRead More →
Alphabet Inc. has amassed a fortune from its phalanx of Google ad products, but this year investors should start to see more important results from other business lines such as its cloud division and self-driving car unit, according to an analyst. Alphabet GOOGL, -0.65% GOOG, -0.50% is set to reportRead More →
There’s a fine line between filing your own taxes and seeking a professional’s help. The wrong move could lead to an inaccurate return, a call from the Internal Revenue Service — and extra fees and penalties. So what’s the tipping point? Going to a professional for what could be aRead More →
It has been an excellent 2019 for the stock market in general and for semiconductor shares in particular. But things can turn on a dime for this volatile group. We’ll present a slew of data for the subsector, but first, let’s take a top-down look. A rough but lucrative rideRead More →
You may remember the U.S. stock market’s “return to volatility” last year, but some aspects of the elevated price movement may surprise you. Michael Stritch, the investment chief at BMO Wealth Management, discussed the changing investing environment, how his team of advisers was managing portfolios to reduce risk and howRead More →
President Donald Trump bemoaned Thursday a lack of media attention for the “great earnings” coming out of Wall Street. Great earnings coming out of Stock Market. Too bad Media doesn’t devote much time to this! — Donald J. Trump (@realDonaldTrump) January 25, 2019 MarketWatch devotes a great deal of timeRead More →
IBM Corp., like Oracle Corp., is giving investors confusing information about its cloud-computing revenue, trying to show its business in the biggest, best possible light. The most baffling part of IBM’s IBM, +8.46% approach is tying its cloud business — an attempt to find revenue in new technologies — toRead More →
Even couch potatoes get rich. Working from home is becoming more commonplace. Data released in 2018 from Indeed found that about one in three workers says their company has a policy allowing remote work. And data from Gallup revealed that from 2012 to 2016, the percentage of employees working atRead More →
Billionaire investor Stanley Druckenmiller might be the greatest investor alive today. His track record is astonishing. “Druck,” as he’s known, had 30 straight profitable years from 1980 to 2010. During that time, he earned an average of 30% a year. If you took $10,000 and compounded it at 30% aRead More →
It’s a long way from Wall Street to Wayzata, Minn. And that distance may have helped a tiny mutual fund in the Upper Midwest post big returns last year, when most of their better-connected, and better-known peers from the big cities took it on the chin. The family-run Perkins DiscoveryRead More →
There are billions of reasons to do this job. Many of today’s self-made billionaires and multi-millionaires held sales job(s) when they were younger — a fact they consider crucial to their current success, according to research conducted by sociologist and historian Rainer Zitelmann and published in his recent book “TheRead More →
The “Weather Forecast—World Weather Accurate Radar” app raised red flags from some security experts. NEW DELHI — A popular weather app built by a Chinese tech conglomerate has been collecting an unusual amount of data from smartphones around the world and attempting to subscribe some users to paid services withoutRead More →
One very important theme for investors during 2018 has been the return to volatility, as investors worry about Federal Reserve tightening and President Trump’s trade dispute with China. The market always looks ahead, and another important focus for investors is the massive cut in the maximum federal income-tax rate forRead More →
