Microsoft (NASDAQ: MSFT) announced on Monday that it will shut down its Mixer platform for gaming content streaming on July 22. The company paired the announcement with news of an expanded partnership with Facebook (NASDAQ: FB).
Wall Street's three major indexes closed higher on Monday with the biggest gains in technology stocks as investors focused on the potential for more government stimulus measures even as they worried about an increase in coronavirus cases in the United States and other countries.
Microsoft Corp is closing down Mixer, its live streaming service for games, and shifting users to Facebook Gaming, the technology giant's Xbox division said on Monday.
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is forecast to see a decline in U.S. advertising this year due to a halt in travel amid the COVID-19 pandemic.
Shares of space tourism pioneer Virgin Galactic Holdings (NYSE: SPCE) took off like ... well, like a rocketship this morning. Shares are up more than 13% in early afternoon trading after the company announced that it has inked a deal with the National Aeronautics and Space Admin
First, the coronavirus pandemic caused Nintendo's (OTC: NTDOY) popular Switch mobile game console to sell out at retailers everywhere. Now, the lingering impact of stay-at-home orders is resulting in the cheaper version of the console being out of stock as well.
Dick's Sporting Goods (NYSE: DKS) is expected to be the last man standing in the sporting goods retail space because the investments it's made in its omnichannel capabilities allow it to be flexible to meet challenges, such as those it experienced during the coronavirus pandemic
Netflix (NASDAQ: NFLX) has struggled to make significant headway in India, one of the most promising markets for any internet company. With just a few million subscribers in the country of more than 1.3 billion people, Netflix introduced a new mobile-only plan last year, costing
Legendary investor Warren Buffett said, "It's better to buy a wonderful company at a fair price than a fair company at a wonderful price." You can read that to mean Buffett isn't buying cheap stocks, and you shouldn't either.
2020 has been a year for the ages but for all the wrong reasons. But markets have scaled this wall of worry as the S&P 500 is a mere 4% below where it started the year and about 8% below all-time highs.
One trick to identifying great companies is to work backwards. Find companies that generate lots of free cash flow every year. Usually, these businesses will have plenty of cash sitting in the bank to weather the inevitable soft periods in the economy, not to mention the potenti