There’s no period in financial history comparable with today. The $700 billion to $800 billion stocks like Amazon, Apple, Alphabet and Microsoft stand difficult to model. Earnings surprises, up and down, occur practically quarterly.
Niantic Labs, the mapping and augmented-reality company behind Pokemon Go and the upcoming Harry Potter: Wizards Unite, said it had raised $245 million in Series C funding, two weeks after selling $190 million in equity. The already profitable company hopes to expand beyond games.
Big deals by Disney, Comcast and AT&T helped reshape Hollywood in 2018, possibly one of the most transformative years in the entertainment industry’s history. And online streamers such as Netflix and Amazon continued to thrive, while local broadcasters found ways to become relevant again.
Target’s Cyber Monday 2018 sales are potentially the best of any store this year…
In a bid to compensate for its depleting oil reserves Abu Dhabi’s government is diversifying its revenue and banking on theme parks to cast this spell.
AT&T’s new WarnerMedia unit has closed several smaller video units while announcing a big new streaming service and a beefed-up HBO. But will yet another late-to-arrive general subscription service provide anything that many customers may want compared to the quirky services that are now gone?
There are rumors that Saudi Arabia’s PIF is planning a major investment in Tesla. It shouldn’t and here’s what Saudi Arabia should do instead.
Qualcomm issued some Ookla Speedtest data today that should surprise absolutely no one who understands modem and carrier network technology. Here are my thoughts.