China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown.Read More...

Disney isn't launching its new streaming service until later this year, but investors are already learning the economic challenges of the business.Read More...

This brought total paid members by the end of the year to 139 million, up 26% on a y-o-y basis. Out of the total 29 million new members Netflix added in 2018, 8.84 million joined during the company's fourth quarter.The company's decline in EPS came as Netflix's operating margin narrowed from 7.5% in the year-ago quarter to 5.2%, reflecting significant content investments during the quarter. Further, the company added that its cash burn is expected to in 2019 and then likely to drop off in years ahead.

Alphabet Inc.’s Google unit confirmed on Thursday that it is set to buy about $40 million worth of smartwatch technology from the watch-making giant Fossil Group Inc. Although neither Google nor Fossil has yet confirmed what this new technology exactly is, the head of Google’s Wear OS division, who oversees a version of Google’s Android operating system for smartwatches and other wearables, suggested ‘wellness’. He said that technological wearables built for ‘wellness’ and simplicity have the power to improve lives by bringing the information people need at a quick glance.The addition of Fossil smartwatches is expected to diversify Google’s portfolio of wearable technology that is now on the rise catering to mobile customers. Fossil ended 2018 on a high after emerging as the second-best performing retail stock.

Falling a little short of 2016's total withdrawal of $320 billion, 2018’s record outflow clocked a total of $301 billion. Morningstar senior analyst Kevin McDevitt remarked that December outflows extended to asset classes, with taxable-bond funds performing the worst.Among active strategies, bond funds were hit the hardest in December with total outflow clocking $44.3 billion. Investors appear to have shifted to passive strategies instead, as higher expenses of active management put extra pressure on their returns.

NEW YORK (Reuters) - World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.-China trade conflict. READ MORE...

(Reuters) - U.S. online luxury reseller The RealReal Inc is talking to investment banks about the possibility of an initial public offering (IPO) later this year, people familiar with the matter said on Friday. READ MORE...

America’s journey to preeminence in the global oil trade is about to hit another milestone. Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the top spot.Read More...

Bank of America’s Q4 2018 profit tripled to a record $7.3 billion, owing to strong performance from its consumer-banking business and the lower corporate tax rate. On the back of this better-than-expected performance, shares of the company rose by +7.16% on Wednesday of last week.Credit and debit card spending also expanded by 6%. However, like most banks BAC faltered in the fixed-income trading business, where revenue fell by 15% to $1.45 billion compared to analysts estimates of $1.62 billion.

Shares of Snap Inc. plummeted nearly 13.8% on Wednesday following the announcement of the exit of its CFO, Tim Stone, after only eight months on the job.Over the past year, the company has witnessed the exit of several top-level executives as it faced a steady decline in users and tough competition from Facebook Inc.'s Instagram. Losing more than 65% of its value since its IPO almost two years ago, the market value of Snap after the exit of CFO fell from $8.5 billion before the start trading to about $7.3 billion by the end of the day. On Wednesday, RBC Capital Markets analysts have downgraded the stock from outperform to sector perform, while Summit Insights Group lowered its price target by 17% to $5. According to analysts, Snap’s 28-year-old Chief Executive Evan Spiegel’s increasing centralized control could be driving the heavy turnover in the executive ranks. The only positive news, in Tuesdays filing, was that the company expects its quarterly results would be

Chevron, the U.S-based energy company, has temporarily halted the third liquefaction train at its Gorgon LNG plant on Barrow Island in Western Australia, apparently due to some mechanical issue.In fact, according to the Bureau of Meteorology, the past ten days have shown a record temperature in Australia. Reuters also believes that this temporary shutdown will benefit Asian LNG prices that have been experiencing the lowest phase in the past two years due to mild winter in East Asia. Currently, Gorgon is one of the world’s largest natural gas projects, with a capacity to produce 15.6 million metric tons/year of LNG from its three trains. 

Microsoft says anyone who still uses its Windows 10 mobile platform — once called Windows Phone — should switch over to an iPhone or an Android phone.A change to the Windows 10 Mobile support page was first spotted by Thurrott, a site that covers Microsoft.

You're in good company, especially if it involves money goals. You might have many things on your checklist, like paying off loans or buying your dream home, but your top priority should ultimately be saving for retirement.One way to stay motivated and on track is to think of it as a game instead of an adult chore. READ MORE...

Atlassian shares soared on Friday, following news of its beating revenue and earnings expectations. The enterprise software company had earnings of 25 cents per share in its second quarter, edging past analysts' expectations of 21 cents per share.Sales were $299 million, greater than estimates of $288.3 million. Atlassian’s subscription revenues increased +56%in the second quarter on a year-over-year basis, which was the fastest among its different revenue streams.

Tesla will cut staff by 7%. The electric carmaker's workforce entrenchment is apparently a way to deal with rising competition.Musk wrote in the letter that Tesla is "up against massive, entrenched competitors" and must work "much harder than other manufacturers to survive while building affordable, sustainable products."

Tesla is cutting its full-time staff headcount by approximately 7 percent, as it looks to ramp up production of its Model 3 sedans, CEO Elon Musk said Friday.Read More...

American Express reported fourth-quarter revenue on Thursday that narrowly missed analysts' expectations and an earnings profit after reporting a loss for the same period a year ago.Read More...

The U.S. government shutdown is causing some real pain, but economists are largely brushing off the risk to the expansion.Read More...

Stocks rose on Thursday on the back of a report that said the U.S. could ease tariffs on Chinese goods during their trade negotiations with China.Read More...

Wall Street expects a year-over-year decline in earnings on lower revenues when Western Digital (WDC) reports results for the quarter ended December 2018.While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. READ MORE...