Month: November 2019

Steve Mollenkopf, chief executive officer of Qualcomm Inc., holds the new Snapdragon 835 chip during a keynote at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada. Patrick T. Fallon | Bloomberg | Getty Images Qualcomm stock jumped 6% in extended trading on Wednesday, after the chipmaker reported better-than-expected earnings and revenue. Qualcomm reported
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Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Zillow shares surged 14% during extended trading after the online real estate website posted a third-quarter revenue beat. Zillow reported revenue of $745 million, compared to the $718 million Wall Street expected, according to Refinitiv consensus estimates. That revenue
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American companies are sitting on piles of cash, frustrating investors and leading some on Wall Street to wonder why they aren’t spending. Microsoft currently has the largest cash pile at $136.6 billion as of last quarter, according to estimates from FactSet. Berkshire Hathaway, Alphabet and Apple occupy the other top spots, with $128.2 billion, $121.2
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Share to facebook Share to twitter Share to linkedin Uber’s ex-CEO is reunited with one of his biggest backers. Justin Sullivan/2018 Getty Images Topline: Billionaire Travis Kalanick’s secretive new food startup, CloudKitchens, quietly raised $400 million from Saudi Arabia’s sovereign-wealth fund—the Saudi’s first known deal in Silicon Valley since the murder of American journalist Jamal
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A man poses for a picture as he vapes at a vape shop. Daniel Becerril | Reuters A vaping-related lung disease has sickened at least 2,051 people and killed 39, the Centers for Disease Control and Prevention said Thursday. Health officials are calling the disease EVALI, short for e-cigarette, or vaping, product use associated lung
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Kenneth Fisher, founder of Fisher Investments. Jonathan Fickies | Bloomberg | Getty Images Individual investors at Fisher Investments transferred $20 million from the firm the week after the billionaire made lewd comments at a conference, according to a research note from Mercer, an advisor to institutional investors. The development was disclosed on a conference call
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Getty The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the year 2020, including tax rate schedules, tax tables and cost-of-living adjustments. These are the numbers for the tax year 2020 beginning January 1, 2020. They are not the numbers and tables that you’ll use to prepare your 2019 tax returns in 2020 (you’ll find them here). These
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Share to facebook Share to twitter Share to linkedin BEVERLY HILLS, CALIFORNIA – NOVEMBER 03: Pharrell Williams attends the 23rd Annual Hollywood Film … [+] Awards at The Beverly Hilton Hotel on November 03, 2019 in Beverly Hills, California. (Photo by Axelle/Bauer-Griffin/FilmMagic) FilmMagic Musician, producer, talent show judge, clothing designer and the happiest guy to
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