The Federal Communications Commission will be holding an open meeting on May 18 to discuss two major changes to its policies. The FCC will hold a vote on reforming media ownership policies and repealing Obama-era net neutrality rules, decisions that could have major implications for telecom and internet investors.
Yelp Inc (ticker: YELP) shares sank more than 20 percent on Wednesday morning after the company made large cuts to its full-year earnings and revenue guidance. While yet another guidance cut is certainly cause for concern, Yelp is still growing at an impressive rate and remains a compelling long-term investment option.
Spirit Airlines Incorporated (ticker: SAVE) is the latest U.S. airline dealing with a public relations nightmare. On Monday evening, another round of flight delays and cancellations resulted in physical altercations between angry Spirit passengers and police at Fort Lauderdale-Hollywood International Airport.
Pandora Media Inc (ticker: P) shares were down sharply Tuesday after a volatile pre-market session as investors digested the streaming music company’s news-packed first-quarter earnings report. Pandora reported a mixed financial performance in the first quarter, but news of a huge investment from KKR & Co. L.P. (KKR) and a possible sale of the company…
Shares of Apple Inc. (ticker: AAPL) hit new all-time highs this week after its most famous investor gave the stock a huge vote of confidence over the weekend. At Berkshire Hathaway’s (BRK.A, BRK.B) annual shareholder meeting in Omaha, billionaire value investor and Berkshire CEO Warren Buffett discussed upping Berkshire’s stake in Apple in the first…
Kate Spade & Co. (ticker: KATE) and Coach Inc (COH) investors awoke Monday morning to news of a blockbuster merger between the two handbag giants. Coach has announced plans to buy Kate Spade for $2.4 billion, a move that the market sees as a win-win for the two companies.
A new study from MediaRadar revealed that an advertiser boycott of Google’s YouTube may have cost the video platform 5 percent of its top advertisers last month – a finding that threatens the stock of Google parent company Alphabet Inc (ticker: GOOG, GOOGL).
International Business Machines Corp. (ticker: IBM) shares closed the week down more than 3 percent after Berkshire Hathaway Inc. (BRK.A, BRK.B) CEO and billionaire investing icon Warren Buffett revealed he has lost confidence in the old-school tech firm. In an interview ahead of Berkshire’s annual shareholder meeting in Omaha this weekend, Buffett revealed that he…
Tesla Inc. (ticker: TSLA) stock demonstrated a muted initial reaction to the company’s first-quarter earnings report. Investors who don’t quite know what to make of the tiny electric car company with the huge earnings losses and a market cap larger than both Ford Motor Co. (F) and General Motors Co. (GM) are certainly not alone.
After an embarrassing false start on health care reform earlier this year, Republicans narrowly passed an amended version of the American Health Care Act on Thursday. If some analysts are right, a similar version of the bill could pass the Senate and be all teed up for President Donald Trump to sign into law by…