internet

Booking Holdings beats Q2 estimates, shares drop on weak forecast

Booking Holdings beats Q2 estimates, shares drop on weak forecast

Shares of Booking Holdings Inc. (NASDAQ: BKNG) plummeted the most in nine months after the online travel giant said on Thursday that its third quarter earnings would be well below Wall Street estimates.Booking reported quarterly earnings of USD 20.6..

Chinese Smartphone Maker Xiaomi Falls on Its Debut in Hong Kong

Chinese Smartphone Maker Xiaomi Falls on Its Debut in Hong Kong

Shares of Chinese smartphone maker Xiaomi Corp. opened to trade in Hong Kong on Monday and fell below its IPO price.The initial public offering price of Xiao was HK 17 per share, which is at the low end of an expected range. It gave Xiaomi a valuati..

Macy's Plans to Expand Bluemercury by Adding 55 More Stores

Macy's Plans to Expand Bluemercury by Adding 55 More Stores

Bluemercury is Macy's Inc (NYSE: M) answer the competition against beauty chain stores such as Ulta and Sephora. Macy’s acquired the luxury beauty retail chain in 2015 for USD 210 Million.The Company co-founded by Marla and Barry..

Sears stock jumps after announcing partnership with Amazon

Sears stock jumps after announcing partnership with Amazon

Sears Holdings Corp. (NYSE: SHLD) Stocks jumped 15.9% to $3.20 after it announced a partnership with Amazon.com, Inc. (NASDAQ: AMZN) on Wednesday. It will use the e-commerce giant’s platform to sell its DieHard tires and connect with cust..

Facebook Endorses the Honest Ads Act

Facebook Endorses the Honest Ads Act

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg announced Friday that he endorses a legislation to regulate political advertisements across the internet. According to Reuters, the law proposed, the Honest Ads Act, would require digital platforms wit..

Spotify Tumbles After IPO After Analyst Ratings

Spotify Tumbles After IPO After Analyst Ratings

Spotify Technology SA (NYSE: SPOT) made its debut on the New York Stock Exchange on Tuesday, who went public through direct-listing. The stock listed on the exchange at $165.90, before falling to Tuesday’s closing price of $149.60. Shares cont..

Shopify Shares Fall Despite Topping Q4 Estimates; Set to Lead Canada’s Cannabis eCommerce

Shopify Shares Fall Despite Topping Q4 Estimates; Set to Lead Canada’s Cannabis eCommerce

Shopify Inc. (NYSE: SHOP) reported its fourth quarter and full year financial results for fiscal year 2017. The Canadian eCommerce topped analysts’ estimates in both revenue and earnings, but share were down 3.5 percent on the New York exchang..