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19 February
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Waze’s ex-CEO says app could have ‘grown faster’ without Google By Reuters

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By Paresh Dave (Reuters) - Waze has struggled to grow within Alphabet (NASDAQ:GOOGL) Inc's Google, the navigation app's former top executive said, renewing concerns over whether it was stifled by the search giant's $1 billion acquisition in 2013. More than 140 million drivers worldwide use Waze monthly, up from 10 million when it was acquired, according to a Wednesday blog post by...

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19 February
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Asian stocks set to fall as Wall St slips on recovery doubts By Reuters

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By Pete Schroeder WASHINGTON (Reuters) - Asian stocks were set to pull back on Friday, following a dip on Wall Street as disappointing U.S. jobs data fanned concerns the economic recovery from the coronavirus was losing momentum. Australia's benchmark S&P/ASX 200 index was down 0.49% in early trading, while {{178|Japan's NiNikkei 225 futures were down 0.08%. Hong Kong's Hang Seng index futures...

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19 February
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Meme Stocks, Pandemic Relief, Bitcoin: 3 Things to Watch By Investing.com

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By Liz Moyer Investing.com-- Stocks blew off some steam Thursday but most eyes were focused on Congress’ virtual hearing about retail trading, GameStop, and the little app that could, Robinhood.  The theme of the hearing was a familiar one: Is Wall Street scamming the little guy? The testimony is unlikely to go far in solving the market structure issues that create the occasional trading...

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19 February
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Applied Materials Earnings, Revenue beat in Q1 By Investing.com

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Applied Materials (NASDAQ:AMAT) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Applied Materials announced earnings per share of $1.39 on revenue of $5.16B. Analysts polled by Investing.com anticipated EPS of $1.28 on revenue of $4.97B. Applied Materials shares are up 31% from the beginning of the year and are trading at $113.41...

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19 February
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Dow Slips on Walmart Wobble, But Remains Near Record Highs; Tilray Slumps By Investing.com

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Yasin Ebrahim Investing.com – The Dow closed in the red Thursday, but remained just off all-time highs as technology cut some of its losses to help the broader market end well off the lows despite a slump in Walmart and a surprise jump in jobless claims. The Dow Jones Industrial Average fell 0.38% to 31,493.34 but remained close to its record high of...

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19 February
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Applied Materials Delivers Upbeat Guidance as Q1 Results Top Expectations By Investing.com

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By Yasin Ebrahim Applied Materials (NASDAQ:AMAT) reported Thursday first-quarter resullts that topped expectations and delivered an upbeat second-quarter outlook amid an acceleration in chip demand that has bolstered growth. Applied Materials was flat in after-hours trade. Applied Materials announced earnings per share of $1.39 on revenue of $5.16B. Analysts polled by Investing.com anticipated EPS of $1.28 on revenue of $4.97B. “In...

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18 February
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UK’s Sunak delays business rates review until autumn – FT By Reuters

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(Reuters) - UK Finance Minister Rishi Sunak will on Friday announce he is delaying until later this year a final report on a review of business rates, a key part of his promise to "level the playing field" between the high street and online retailers, the Financial Times reported on Thursday. The chancellor will argue that postponing the report, which will consider...

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18 February
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Daily Mail owner sells its EdTech business Hobsons for about $410 million By Reuters

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(Reuters) - The owner of Britain's Daily Mail newspaper said on Thursday that it has agreed to sell its EdTech business, Hobsons, in two separate transactions, for a total of about $410 million. Daily Mail and General Trust said that its Hobsons' Naviance and Intersect businesses are being sold to U.S.-based PowerSchool, a K-12 education technology solutions company, for about $320 million....

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18 February
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CEO Confidence in U.S. Economic Outlook Reaches 17-Year High By Bloomberg

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(Bloomberg) -- Corporate leaders are more upbeat about the U.S. economy than at any time in the past 17 years, according to a survey released Thursday. The Conference Board measure of CEO confidence, in collaboration with the Business Council, jumped to 73 in the first quarter. That’s up from 34 a year ago during the height of the pandemic and business closures. A...

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