Facebook, Inc. (Nasdaq: FB) is opening up its wallet in an attempt to stay one step ahead of an extremely fickle younger demographic of social media users. On Monday, Facebook acquired polling app TBH, which has generated huge buzz among teen users since its launch in August.
Goldman Sachs Group Inc (NYSE: GS) and Morgan Stanley (MS) successfully navigated a difficult trading environment in the third quarter and reported earnings and revenue that topped Wall Street expectations on Tuesday morning. But investors rewarded Morgan Stanley and punished Goldman Sachs stock in morning trading.
General Motors Company (NYSE: GM) shares are up more than 25 percent in the past three months on positive commentary from analysts related to the company’s autonomous vehicle technology. But while GM may soon be entering the next chapter of its business, the Ford Motor Company (F) turnaround story is just getting started.
With the iPhone X set to begin shipping on Nov. 3, Apple Inc. (Nasdaq: AAPL) stock owners are eagerly anticipating the first batch of sales numbers from the new family of iPhones.
With earnings season now in full swing, investors have high hopes that Facebook Inc(Nasdaq: FB), Amazon.com, Inc. (AMZN), Netflix Inc. (NFLX) and Alphabet Inc (GOOG, GOOGL) will post strong third-quarter numbers that show their growth stories are still on track.
Bank of America Corp (NYSE: BAC) and Wells Fargo & Co (WFC) continued a mixed earnings season for big bank stocks on Friday morning. Neither company wowed Wall Street, despite both banks reporting third quarter earnings beats.
This week, Facebook, Inc. (Nasdaq: FB) provided shareholders with a handful of updates related to its virtual reality initiatives. Despite Facebook’s overwhelming success in the online advertising business, more Oculus Rift price cuts are evidence the Facebook VR story is not going according to plan.
Citigroup Inc (NYSE: C) and JPMorgan Chase & Co. (JPM) kicked off big bank earnings season with a mixed bag of results on Thursday morning. Overall, both banks reported earnings and revenue beats for the third quarter, but investors were most concerned about the banks’ trading revenues.
McDonald’s Corporation (NYSE: MCD) has been a top performer for investors so far in 2017, gaining 33.8 percent and more than doubling the return of the Standard & Poor’s 500 index.
Not even Irma and Harvey could blow Delta Air Lines, Inc. (NYSE: DAL) earnings off track in the third quarter. Despite major headwinds from the hurricanes, Delta reported third-quarter earnings and revenue beats on Wednesday but warned investors of an expensive fourth quarter ahead.