AWS faces cost-sensitive customers at Reinvent as economic fears mount
Amazon Web Services has been the biggest growth engine for its parent company over much of the past decade, taking business from some of the largest tech vendors in the…
Europe telco industry pushes Big Tech to pay for building the internet
Network cables are plugged in a server room. Michael Bocchieri | Getty Images In Europe, the battle between U.S. Big Tech companies and telecommunications firms has reached fever pitch. Telecom…
Raymond James upgrades AT&T to strong buy, says telecom giant can surge 40%
AT & T ‘s prospects keep getting better, according to Raymond James. Analyst Frank G. Louthan upgraded shares of AT & T to strong buy from outperform, saying the telecommunications…
This week’s best stock markets performers include earnings winners such as Netflix
Stocks are capping off a strong week Friday, despite some choppy trading, as rising yields failed to dampen market enthusiasm over stronger-than-expected corporate earnings results. The S & P 500…
Snap, American Express, Verizon, Twitter and more
Check out the companies making headlines in midday trading. Snap — Shares of the Snapchat parent company cratered 30% after missing revenue estimates and sharing its slowest sales growth since…
Allstate, AT&T, IBM, Tesla and more
Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on…
AT&T, American Airlines, Blackstone and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 2.4% in the premarket after reporting better-than-expected profit and revenue for the third quarter. The company…
Apple, CarMax, Bed Bath & Beyond and more
Check out the companies making headlines before the bell: Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple…
How Bryan Lourd became one of the most powerful people in Hollywood
Bryan Lourd speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. Slaven Vlasic | Getty Images…
New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows
Berkshire Hathaway Chairman Warren Buffett seen at the annual Berkshire shareholder shopping day in Omaha, Nebraska, U.S., May 3, 2019. Scott Morgan | Reuters Researchers applied the Inflation Reduction Act’s…