The Short:A new study conducted by Florida Atlantic University, Florida International University and the University of Wyoming found that buying a home saves you money, but does not help you increase your wealth.The Long:The study notes that "Property appreciation...
What's it About? NVIDIA reported third quarter 2017 earnings yesterday, which blew past Wall Street estimates. Revenue and earnings grew 32% and 41% respectively compared to last year as the company reported solid growth numbers across all major segments. Why is...
For the first time in its history, Apple's market capitalization went past $900 billion. Apple's stock price closed trading on Thursday, at a 52-week high of $176.24, giving the Tim Cook-led company a valuation of $904.871 billion.There have been...
Roku, the digital streaming company that went public in September, reported its first quarterly earnings report, which beat Wall Street analyst expectation on sales as well as earnings, sending its stock surging by more than 20%.The earnings report came...
WeChat's parent company Tencent Holdings has purchased a 12% stake (146 million shares) in Snapchat's Snap Inc. from the public market. Tencent is actually one of CEO Evan Spiegel's early backers, so this is not their first investment in...
OPEC, the Organization of Petroleum Exporting Countries, has released this year's World Oil Outlook Report, which showed an increase in projections for oil demand. The 2.2 million barrels a day increase will be reached by 2022, said the report.The...
EV maker Tesla Motors said Tuesday that it had agreed to buy Perbix Machine Co. Inc., a Minnesota-based designer and fabricator of automated manufacturing equipment. The company already has an existing relationship with Elon Musk's company, having provided custom...
Salesforce.com, the Number One player in the CRM cloud software segment, has just given a booster shot to its already-surging stock price by disclosing its revenue estimates for Fiscal 2019. The company expects 2019 revenues to come in in...
Although the House Ways and Means Committee has now made minor amendments in the tax reform bill to how the government would tax investment managers, corporate cross-border transactions and private university endowments, no changes were made either to the...
The Trump administration's tax reform bill is on everybody's mind this week, or will be soon if the complex piece of legislation goes through and is passed into law. But very few Americans understand the actual long-term implications that...
The NFL and Trump's government haven't exactly been on great terms over the past months, but a new twist in the Republican tax reform bill could make things even worse. The tax reform bill, which was unveiled on Thursday,...
Home field advantage, or home advantage, is an extremely important one for a sports team. There is a reason why teams fare well in their home territory. It's simply because its their home, it's where they train, it's where...
T-Mobile US, Inc., one of the fastest-growing and third largest wireless carrier in the United States, and Sprint Corp, the fourth largest wireless carrier backed by Japan-based SoftBank, have been talking about a merger for a long time. But...
Chinese e-commerce giant Alibaba, headed by Jack Ma, blew past Wall Street analyst estimates as the company posted a record 132% increase in net income during the second quarter.Alibaba reported second quarter revenue of 55.12 billion yuan, compared to...
A recent survey by US bank revealed that a growing number of Americans are using digital apps to make their payments. The growth of digital payments platforms, high level of smartphone penetration and reducing friction of online transactions have...