Jefferies told clients that Instagram will be a major driver of Facebook's growth as revenue from Facebook's core business is expected to slow.
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GE headed lower because key aviation business is worth less than believed, analyst saysGeneral Electric may yet sell its valuable aviation financing and leasing business, GE Capital Aviation Services, as the embattled conglomerate looks at ways to boost its fallen value.
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President Bolsonaro touts 'new Brazil' in Davos, says country will become more business-friendlyBrazil's newly-elected populist President Jair Bolsonaro addressed the world's business elite in Davos on Tuesday, vowing to transform Latin America's largest economy into a more investment-friendly country.
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Sandberg admits to Facebook stumbles, says 'we need to do better' after rough yearFacebook COO Sheryl Sandberg outlines five things the social media company is focused on in 2019.
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Beleaguered Apple Stock Is ‘Still Not That Cheap,’ Says AnalystThe shares are about flat this year as investors prepare for its next quarterly financial announcement later this month. Bernstein analyst Toni Sacconaghi has a Market Perform rating and a $160 price target on Apple stock.
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Bitcoin is displaying a ‘lethargic base’ and has yet to find a bottom, says analystBitcoin prices are trading marginally higher on Wednesday, continuing to oscillate either side of $3,500.
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Netflix 'flexing its pricing muscles' with price hike, says analyst'This company is flexing its pricing muscles.' If Netflix's price increase 'successfully goes through, you're talking about a billion dollars in incremental revenue and profits' in the U.S. next year, RBC's Mark Mahaney said.
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Airbnb says it's profitable for the second straight year amid talks of an IPO this yearThe company also said it expects over 500 million guest arrivals at its listings by the end of the first quarter of 2019.
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Grammys 2019: Alicia Keys becomes first woman in 14 years to host awardsKeys is a 29-time Grammy nominee and 15-time winner, with her most recent win in 2013 in the best R&B album category for 'Girl on Fire.'
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