Google’s stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company for promising to curb its spending on risky projects.
New home sales surged higher by nearly 7% in April, durable goods orders rebounded with a business investment spending improving for the second straight month, a critical sign for growth, and even consumer confidence is on the rise, although that really hasn’t translated into higher retail spending, in spite of lower gas prices and an improving job market.
Uber is reportedly seeking a new round of financing that could make the San Francisco-based ridesharing startup worth $50 billion, before offering publicly traded stock.
Twitter’s stock is falling sharply after the company’s earnings — due to be released after the stock market closes — came out ahead of time.
Cash rained down on startups in 2014 but with valuations so high, critics suggest some investors may be setting themselves up for a major fall.
Uber’s $40 billion valuation had investors from Wall Street to Silicon Valley abuzz a day after the ride-sharing company announced it had received more money from venture capitalists than any private company this year.
On Thursday nights at San Quentin, inmates pack a classroom to hear from a man they call “The Oracle.”
U.S. stocks tumbled across indexes Wednesday as fears of a global economic slowdown intensified, with the Dow Jones industrial average in its fourth day of consecutive losses – plunging more than 400 points.
Investors sent shares of San Mateo-based GoPro Inc. (GPRO) up more than 30 percent in their stock market debut Thursday, following an initial public offering that valued the sports camera maker at about $3 billion.
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.