There's more bad news for Slack: The messaging software company's stock plunged nearly 10% Tuesday after Microsoft announced that its rival Teams product has 20 million users. Slack said in September it had just 12 million customers.
Amazon is considering its options for how to move forward following the decision to award a massive government contract to its competitor, Microsoft, according to a source familiar with the situation. One analyst said he "fully expects" Amazon to try to fight the decision in court.
AT&T's truce with Elliott Management — avoiding a protracted fight with one of the world's most successful activist shareholders — sent the company's stock to a 52-week high on Monday.
Twitter's once-hot stock is cratering in premarket trading after the company added plenty of new users but struggled to sell advertising to market to them.
Jeff Bezos has sold more than $1.8 billion worth of stock, as the world's richest person continues to sell his Amazon stake to fund his space venture.
Billions of dollars were wiped off the value of a Shanghai real estate empire this week after its founder was detained by Chinese police, reportedly on suspicion of child molestation.
Microsoft's revenue jumped 12% during its most recent quarter, but was slightly below analysts' expectations.
Amazon is expected to soon announce locations (yes, plural) for its second headquarters. One of the rumored HQ2 spots is Long Island City in Queens, fittingly just a 22 minute ferry ride from where some of Amazon's biggest fans work: Wall Street.
For years, investors waited eagerly for Amazon to turn a profit consistently. Now, even a quarterly earnings record isn't enough for Amazon to impress Wall Street.
Tesla has turned a profit as it nears the end of a long, trying year.
Tesla's stock soared after one of its most ardent critics started singing the car company's praises.
