AP Google parent Alphabet Inc. shares broke with the broader market Friday, closing higher after the tech giant blew past Wall Street estimates with a return to revenue growth and a promise to be more transparent about cloud profitability. Alphabet GOOG, +3.43% GOOGL, +3.80% Class C shares, which had been …
Read More »The Wall Street Journal: Facebook prepared to limit posts in case of post-election strife
Facebook is tightening its rules on content concerning the U.S. presidential election next month. AFP/Getty Images Facebook Inc. teams have planned for the possibility of trying to calm election-related conflict in the U.S. by deploying internal tools designed for what it calls “at-risk” countries, according to people familiar with the matter. The …
Read More »The Wall Street Journal: Google’s exclusive search deal with Apple said to be at heart of antitrust suit
The scope of the Google-Apple deal has long been a mystery among analysts. AFP/Getty Images Inside Google, they called the scenario “Code Red,” so stark was the prospect of losing the search engine’s lucrative pipeline from Apple Inc.’s iPhone. Now that possibility is officially on the table. Google’s partnership with Apple is at …
Read More »The Wall Street Journal: White House official traveled to Syria for talks to free U.S. hostages
A top White House official recently traveled to Damascus for secret talks with the Assad regime, marking the first time such a high-level U.S. official has met in Syria with the isolated government in more than a decade, according to Trump administration officials and others familiar with the negotiations. Kash …
Read More »The Wall Street Journal: These imploding, scandal-plagued companies shared a Big Four auditor
Wirecard, headquartered in Aschheim near Munich, this fall faced a parliamentary inquiry into the collapse of payments provider. Christof Stache/Agence France-Presse/Getty Images This year, $ 2 billion is missing at a German fintech company, $ 300 million of sales has been found to be fabricated at a Chinese coffee chain …
Read More »Mutual Funds Weekly: These money and investing tips can help you enjoy a smoother ride down Wall Street
Don’t miss these top money and investing features: These money and investing stories, popular with MarketWatch readers over the past week, offer advice and suggestions to help you manage your portfolio during what historically has been the U.S. stock market’s most bumpy and unpredictable month. INVESTING NEWS & TRENDS You …
Read More »Politics, jobs weigh on Wall Street as housing cruises
Politics weighed heavily on Wall Street this week as investors’ uncertainty about the upcoming election grows. The first round of presidential debates was particularly vicious. That led many investors to worry about potential controversy extending well past the November 3 election day. Then, two events that happened late Thursday threw …
Read More »The Wall Street Journal: Devon, WPX discussing merger to create $6 billion energy company
Devon Energy Corp. and WPX Energy Inc. are in talks to combine, according to people familiar with the matter, in a move that could help the energy companies weather a prolonged industry slump. The companies are discussing an all-stock deal that would create an entity with a combined current market …
Read More »Housing booming as Wall Street amps up volatility
In a word, housing is booming. Data released this week shows sales of newly-built homes at a 14-year high. The Census Bureau’s August report shows an eye-popping 43% year-over-year increase in the sale of newly-built homes. Recently, the National Association of Realtors reported that sales of existing homes also increased …
Read More »