DJIA: 16,501.65  -12.72 (-0.08%) | NASDAQ: 4,126.967  -34.491 (-0.83%) | S&P 500: 1,875.39  -4.16 (-0.22%) Markets closed

  • Show Article Details

     Netflix (NFLX)  stock has been reiterated as "overweight" with a $500 price target, JPMorgan (JPM) said Tuesday. The firm said strong first-quarter results with domestic subscriber growth inline with expectations, international subscriptions growth and higher-than-expected earnings supporting their bullish thesis.

  • Show Article Details

    Google Inc will allow marketers to run online ads that send consumers to a page directly inside a mobile app, furthering the Internet company's effort to extend its multibillion-dollar advertising business to smartphones.

  • Show Article Details

    Following its $3.1 billion acquisition of Nest, Google (GOOG) has put the Nest Learning Thermostat in the Google Play store. Right now, Nest offers two products, the Learning Thermostat, and the Nest Product, but only the Learning Thermostat, which retails for $249.99, is available on Google Play.

  • Show Article Details

    U.S. Supreme Court justices appeared unsure on Tuesday whether to rule against online TV startup Aereo Inc in a major copyright case, with several raising concerns about how a ruling in favor of broadcast networks could affect increasingly popular cloud computing services.

  • Show Article Details

    Can you picture Leonardo DiCaprio as Steve Jobs? Rumor has it that the The Wolf of Wall Street star is being culled to work on the Aaron Sorkin-written script for the much-anticipated movie about Apple's (AAPL) iconic co-founder and chief black turtleneck wearing officer, set to start shooting this fall. A shift in directors is also happening. Boyle and DiCaprio previously worked together on The Beach.

  • Show Article Details

    Netflix (NFLX) reported first-quarter results and announced a price hike for new customers, noting existing customers will keep their current pricing "for a generous time period." Will new customers shun the streaming service? Concerning the price increase, CEO Reed Hastings said there will be an increase for new members of $1 or $2, depending on the country.

  • Show Article Details

    Updated from 10:47 a.m. to include additional information about WhatsApp. Ahead of earnings on Wednesday, Facebook (FB) is getting a boost, as one analyst believes the company's earnings power is being severely unappreciated by Wall Street.

  • Show Article Details

    China has fully lifted a 14-year ban on selling video game consoles, but foreign console makers hoping to make a killing in a potentially huge new market will first have to find a way around the country's onerous censorship rules.

  • Show Article Details

    While Samsung's Galaxy S5 flagship smartphone was just released, there's word that an even better device is on the way -- a move that new S5 owners probably won't appreciate.A number of online blogs have quoted sources discussing a new phone with model number SM-G906K which has been spotted on a manifest list of import/export devices coming into India for "research and development" purposes.

  • Show Article Details

    Updated from 11:17 a.m. to include additional comments from BMO analyst. NEW YORK -- As Netflix (NFLX) continues to add new content and create content on its own, it's doing the only thing it can do: raise prices. Netflix (NFLX) surged after the company reported first-quarter results and announced a price hike for new customers, noting existing customers will their current pricing "for a generous time period."

  • Show Article Details

    Xerox Corp. (XRX) said its first-quarter earnings fell 5.1% as revenue from the company's document-technology business continued to shrink. The company trimmed its full-year adjusted earnings expectations, now forecasting $1.07 to $1.13 a share, from its prior view of $1.10 to $1.16 a share. For the second quarter, Xerox (XRX) predicted adjusted earnings of 25 cents to 27 cents a share, while analysts estimated 28 cents a share.

  • Show Article Details

    A Mexican court said on Monday it would begin analyzing a request from telecommunications giant America Movil for an injunction against a regulatory ruling that declared it dominant. Controlled by tycoon Carlos Slim, America Movil has about 80 percent of Mexico's fixed-line business and some 70 percent of the mobile sector.

  • Show Article Details

     Facebook  has been upgraded to "outperform" with an $87 price target, Credit Suisse (CS) said Monday. Analysts surveyed by Thomson Reuters anticipate net income of 24 cents a share and revenue of $2.36 billion over the three months to March. Must Read: Warren Buffett's 10 Favorite Growth Stocks.