Facebook Explores Payments and Commerce

Facebook’s (Nasdaq: FB) battle with privacy concerns are far from over. The company recently announced that it had settled a class action lawsuit by paying $550 million in fine, and it was also slapped with a $5 billion fine for privacy abuses by the Federal Trade Commission. Despite this, its quarterly results surpassed market expectations.

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Google’s Cloud Bets Are Paying Off

Like other tech giants, Google’s parent, Alphabet (Nasdaq: GOOG) too has crossed into the trillion-dollar market cap territory. This was even though the recently announced fourth quarter results did little to impress the markets. Alphabet fell short of the market’s revenue expectations while it managed to scrape past the earnings estimates. The stock fell 5%

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Amazon Looks to India for Next Round of E-tail Growth

Amazon (NASDAQ: AMZN) recently announced its fourth quarter results that surpassed all market expectations. For a short moment, post the announcement of the results, the company even went into the trillion-dollar valuation territory. However, it failed to maintain the levels for long.

Microsoft’s Azure Strategy Pays Off

Microsoft (Nasdaq: MSFT) appears to be on a roll on all fronts. The recently announced results sent the stock soaring to record high levels as the company delivered a stellar performance shattering all market expectations. The star of the show was its cloud offering Azure.

Apple Rides High on iPhones, Wearables, Services

Apple (Nasdaq: AAPL) announced its first quarter results that put all iPhone doubters to rest. The holiday quarter saw iPhones sales surge to record high levels. With the continuing 5G revolution within the mobile segment, analysts believe iPhone sales are likely to keep growing. But it is not only the iPhones that are driving growth,

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Is Zoox Ready to Launch This Year?

According to an Allied Market Research report, the global autonomous vehicle market is expected to grow from $54.23 billion in 2019 at 40% CAGR to $556.67 billion by 2026. The autonomous vehicle market is flooded with several players ranging from traditional car manufactures such as GM and Ford to focused players such as Waymo and

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Yitu Looking to Go Public

According to an Allied Market Research report, the global AI market is expected to grow at CAGR 55% to $169.4 billion by the year 2025 from $4.1 billion in 2016. China-based Yitu Technology is an AI unicorn from the industry that is rumored to list soon.

Will the Competition Get to Netflix?

Netflix (Nasdaq: NFLX) recently reported its fourth quarter results that sent the stock falling 4% in the after-hours session. While the company outpaced market expectations on all accounts, it was the outlook that has the market worried. It appears that Netflix may really be facing the heat of competition from Disney+ and others.