The social network’s first-quarter report showed that about 48 million daily active users signed up during the period, suggesting that the world’s largest social network isn’t easily unplugged despite its recent problems.
Struggling media company Viacom’s revival won’t make reaching a deal with CBS any easier.
Twitter’s strong first-quarter results support the case for a recovering business, but much was already priced in.
Steve Wynn has left the firm he founded, but the risks from his legacy remain and new management aren’t saying and doing the right things to reduce them.
The 10-year U.S. Treasury yield has returned to 3% for the first time since early 2014 and markets are clearly sensitive to higher rates. But the bigger picture is that investors are still living in a world with very low rates.
Credit Suisse has spent the past couple of years focusing on what it could control and worrying less about what it couldn’t: that approach is bearing fruit.
Several Chinese household tech names are planning to list this year. The hype already looks out of control.
Investors already attach such a governance discount to Vivendi that allegations of bribery in Africa at its parent company may not add much.
The Heard on the Street team is going toe-to-toe against the recommendations of hedge-fund managers who attend Monday’s annual Sohn Investment Conference.