At least a few investors believe San Francisco 49er tight end Vernon Davis will have a lucrative career.
Facebook’s first-quarter earnings and revenue grew sharply, surpassing Wall Street’s expectations thanks to an 82 percent increase in advertising revenue.
Netflix is about to raise its prices for the first time in three years to help pay for more Internet video programming such as its popular political drama “House of Cards.” The increase, to take place sometime before July, will hike prices by $1 or $2 per month for new customers. The company’s nearly 36 million current subscribers will continue to pay $8 per month for at least the next year
Google’s first-quarter earnings growth faltered as the Internet company dealt with a persistent downturn in advertising prices while spending more money to hire more employees and invest in daring ideas.
Yahoo is still prospering from its lucrative investments in Asia while the Internet company’s listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.
Intel’s earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services.
Gap Inc. reported a 12.5 percent drop in fourth-quarter profit on a 3 percent decline in revenue as the clothing retailer was forced to discount heavily over the holiday shopping season to entice customers.
The Pleasanton-based supermarket operator says that discussions are ongoing but that it hasn’t yet reached an agreement. It added that it isn’t certain that the talks will end in a deal.
Twitter beat Wall Street’s earnings and revenue expectations in its first quarter as a public company. But investors were looking for even more and the company’s stock dipped as much as 12 percent in after-hours trading Wednesday.
Google’s fourth-quarter earnings rose 17 percent even though a long-running slump in its online ad prices deepened.