Walt Disney (NYSE: DIS) benefited from a stellar first quarter for its newly launched Disney+ streaming service, launched in November 2019. The company reported total revenues of $20.86 billion in Q1 2020, reporting y-o-y growth of 36%. Media networks revenue jumped 24% to $7.
(RTTNews) - A federal judge Thursday ordered a temporary block on Microsoft's JEDI cloud contract, the multibillion-dollar contract from Pentagon, in response to a suit filed by Amazon (AMZN).
The Dow Jones Industrial Average (DJINDICES: ^DJI) was volatile on Thursday, down 0.28% by 1 p.m. EST after suffering deeper losses earlier in the day. A change in reporting related to the COVID-19 virus that originated in China led to a spike in the number of cases and deaths.
While most of the media attention on UPS (NYSE: UPS) and FedEx (NYSE: FDX) has been centered on the ongoing fascination with potential competition coming from Amazon's plans to expand delivery services, there is another, somewhat connected, issue at stake in the bull and bear de
Regulatory scrutiny of major technology companies has been steadily escalating over the past year, with concerns that giant corporations have become too large, wield too much market power, and could potentially be undermining competition. As part of its ongoing investigations, t
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