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Google Stock Explodes Nearly 10 Percent Higher After Crushing Earnings

Quarterly earnings from Google parent Alphabet showed strong advertising growth. As a result, Alphabet’s stock exploded upwards by $96, or 8.5 percent, in after-hours trading. Does this signal a new upside push for FAANG stocks and tech stock bull market? Despite Amazon’s earnings miss, and the threat of a DOJ antitrust inquiry haunting the sector, things look […]

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Elon Musk’s Boring Co. raises $120 million in outside funding

Elon Musk's plan to connect major cities with Hyperloop tunnels is raising the interest of investors. Boring Co. authorized the sale of $120 million in stock today, reported Bloomberg. It's the first outside investment for Musk's infrastructure compa… Source: engadget

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Intelligence Committee releases heavily redacted report on 2016 election hacking

Today the US Senate Select Committee on Intelligence released Vol. 1 of its report (PDF) on Russian attempts at election hacking in 2016. However, much of the information in it has already been released — like knowledge that hacking attempts reached… Source: engadget

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Amazon Earnings Miss the Mark, Stock Drops $15 in After-Hours Trading

Amazon stock is down about $15, or 1 percent, in after-hours trading after the company missed earnings estimates by 6 percent. The e-commerce giant did manage to beat the revenue estimate by about 1 percent. Results do not include Prime Day. Amazon’s Revenue Now Half of Walmart’s Amazon continues to crush the retail and cloud […]

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US SEC Gives Crypto Gaming Firm the Go-Ahead on ‘Quarters’ Token

The SEC has replied to a registration inquiry from Pocketful of Quarters who are launching a crypto rewards token for gamers Source: https://cointelegraph.com/rss