Dropbox stock falls 10% after margin guidance disappoints

2019-02-21

Editor’s note: A prior version of this article gave an incorrect ARPU figure. The article been corrected. Getty Images Dropbox reported fourth quarter earnings Thursday after the closing bell. Dropbox Inc. reported sales and revenue guidance that topped Wall Street expectations late Thursday, but issued guidance that disappointed investors. DropboxRead More →

Cisco earnings: Tariffs and demand could weigh on outlook

2019-02-08

If Cisco Systems Inc. signals that businesses are failing to splurge on capital spending as the outlook on tariffs and the economy remains murky, it could mean a rough 2019 for the networking giant and spread more fear across the tech spectrum. When Cisco CSCO, +1.05%  reports fiscal second-quarter earningsRead More →

Bitcoin prices steady but can’t breach $3,500 mark

2019-02-05

Bitcoin prices were mostly unchanged on Tuesday, stuck in a tight trading range below $3,500. In afternoon trading, a single bitcoin BTCUSD, +0.21%  was fetching $3,453.77, up 0.2% since Monday’s level at 5 p.m. Eastern Time on the Kraken crypto exchange. The cryptocurrency has spent the past 48 hours tradingRead More →

Whole Foods isn’t priming Amazon’s pump

2019-02-03

Amazon.com Inc. has touted its big deal for Whole Foods Market Inc. as a way to use physical retail to grow its business, but after its first full year owning the grocery chain, it’s not growing at typical Amazonian levels. On Thursday, the e-commerce giant reported record-breaking results for theRead More →

Symantec, Proofpoint earnings drive rally in cybersecurity stocks

2019-02-02

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 →

Facebook had a bad year? Not judging by its bottom line

2019-01-30

Facebook Inc. suffered a series of data and privacy scandals and controversies in 2018, its worst year in the public eye. Have there been any actual consequences, though? Not according to what Facebook FB, +4.32%  showed off Wednesday. The world’s largest social network reported record profit and revenue in theRead More →