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Millennials will advance in their careers, achieve peak income, accumulate stronger purchasing power, which will increase their influence in the consumer marketplace. Companies that can adapt to millennials' spending preferences will be able to thrive and profit.
The Latest News from Amazon and AppleTwitch is a fast-growing platform for content creatorsAmazon’s (AMZN) Twitch is one of the fastest-growing platforms for content makers. According to a report by Recreate Coalition, American content creators
A Look at AT&T’s Performance Year-to-Date(Continued from Prior Part)AT&T’s DIRECTV NOW customersAT&T’s (T) DIRECTV NOW is a streaming service that delivers content directly to users via the Internet as a substitute to signing up
PayPal Digest: Venmo, Bitcoin, Share Repurchases, and More(Continued from Prior Part)Venmo on track to process $100 billion in 2019Venmo processed transactions worth $19 billion in the fourth quarter and $62 billion in 2018. PayPal (PYPL) says Venmo
The world’s biggest e-commerce company has for years resisted pressure from investors and other stakeholders to disclose more information about its environmental impact. Late last year, several Amazon employees used their stock grants to submit shareholder proposals asking the company to devise and disclose its plans for climate change. Ordering something online is often less energy intensive than driving to and from a physical store to pick up an item, because shipping can take advantage of economies of scale.
There are laws governing decisions by agencies like the Department of Transportation. If the Transportation Department actually pulls the funding, as it has said it plans to do, California will challenge the decision in court. At issue in the latest Trump administration shenanigans is a high-cost, high-speed-rail project that is supposed to connect San Francisco to Los Angeles.
Tech Trends: The NASDAQ, Google-Facebook Duopoly, and More(Continued from Prior Part)Walmart had a strong holiday seasonDiscount giant Walmart (WMT) reported its fiscal 2019 fourth-quarter (ended in January) results yesterday. The
Is Trump’s Obsession with Markets an Advantage for China?Markets US President Donald Trump apparently sees market performance as a reflection of his personal performance. On several occasions, Trump has boasted of the market’s performance to
PayPal Digest: Venmo, Bitcoin, Share Repurchases, and More(Continued from Prior Part)Venmo’s monetizable base expands to 29% Peer-to-peer payment service Venmo is one of PayPal’s (PYPL) most visible products. And if you ask PayPal’s CEO, Dan
In addition, the U.S. Transportation Department said in a statement Tuesday that it was exploring legal options to recoup $2.5 billion in federal funds already granted to the project by the Federal Railroad Administration. Governor Gavin Newsom, who took office in January, said last week that the rail as planned “would cost too much and take too long,” and he would instead finish roughly 170 miles of track already under construction in the state’s Central Valley. Talks between California and federal officials on vehicle emissions and fuel economy standards have broken down without a deal, three people familiar with the matter said Tuesday.
Tech Trends: The NASDAQ, Google-Facebook Duopoly, and More(Continued from Prior Part)Netflix is leasing more studios in CanadaNetflix (NFLX) announced yesterday that it would be creating a Toronto production hub, which is expected to hire 1,850
Tech Trends: The NASDAQ, Google-Facebook Duopoly, and More(Continued from Prior Part)Twitter’s financial reports look solid despite a shrinking user baseWhile Twitter’s (TWTR) user base is dwindling, its revenue growth remains robust, and the
Tech Trends: The NASDAQ, Google-Facebook Duopoly, and More(Continued from Prior Part)The US digital ad business continues to grow robustlyThe digital ad business has grown tremendously over the years, disrupting the traditional ad space. Google’s
J.P. Morgan Encourages Investors to Buy Stocks despite WorriesUS stock market The US stock market has seen a decent recovery in the first quarter of 2019 so far after a steep decline in the fourth quarter of 2018. As of February 19, the S&P 500
PayPal Digest: Venmo, Bitcoin, Share Repurchases, and MoreGuggenheim cites competitive headwinds Early this month, Guggenheim downgraded PayPal (PYPL) stock to a “neutral” from a “sell.” The company also removed its $95 price target on PayPal
Analyzing the Latest from Netflix, Spotify, and Uber(Continued from Prior Part)Netflix faces several headwinds at homeNetflix (NFLX) stock has risen 10.8% since January 23 after falling 8.8% since announcing its fourth-quarter earnings results in
The Latest on Disney’s Deals with Hulu and Fox(Continued from Prior Part)Hulu is posting lossesThe Internet streaming service provider Hulu grew its subscriber base and advertising revenues in 2018. While Hulu’s advertising revenue increased 45%
Garmin (GRMN) delivers strong fourth-quarter results on the back of solid performance of fitness, outdoor and aviation segments.