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Can Facebook, Apple and Google keep powering tech’s growth?

“Analysts are looking for Amazon to report revenue growth on average of about 40% in its first quarter when it reports Thursday” writes Therese Poletti for marketwatch.com. Investors have already seen examples of the typical earnings response to these types of companies early in this earnings season: Netflix Inc. If the largest tech companies fail, we could see an epic re-evaluation of their valuations that would be felt across the entire market.So far this year, many tech stocks have outperformed other broader market indexes.NFLX, -1.48%  , the first big tech…

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The stock market is freaking out up about the bond market—but should it be?

“Government bond yields climbing and a shrinking gap between short-term and long-term Treasury rates have prompted some consternation on Wall Street, driving equity prices lower as investors fret about what these dynamics mean for U.S. economic growth entering its ninth year of expansion” reports marketwatch.com. Netflix Inc. on Monday detailed stunning growth for a tech company that has been around more than two decades, as its hefty spending on content and international expansion pays off in a big way. Source: marketwatch.com Share This:

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Alphabet earnings: Google will offer a gander at its Uber investment

“Earnings: On average, analysts polled by FactSet model earnings of $9.28 a share and adjusted earnings of $11.75” writes Tech Reporter for marketwatch.com. That change begins Monday, when the Google parent company expects to report first-quarter earnings after the bell.Revenue: For the first quarter, analysts model sales of $24.26 billion after accounting for traffic-acquisition costs.Lastly, Google said it would begin providing cost-per-impression data from Google’s network revenue instead of the cost-per-click data it has provided investors.Contributors to Estimize, which crowdsources estimates from analysts, fund managers and academics, predict earnings of…

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The Web of Profit: A look at the cybercrime economy

“My goal was to get a better sense of how the cybercrime economy works” writes Mike Mcguire for venturebeat.com. Without a holistic overview, one that considers the dynamic and interconnected nature of the cybercrime economy, we will never have a full and accurate understanding of the problem.The cybercrime economy has also become a kind of mirror image of contemporary capitalism – reproducing disruptive business models popularized by the likes of Amazon and Uber.Though it constitutes a relatively new criminal economy, cybercrime is already generating at least $1.5 trillion in revenues…

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Covanta’s green tech is a hit in Europe — is the U.S. next?

“Covanta operates 42 EfW facilities in North America, China and Europe, allowing it to generate revenue from multiple streams” writes Corporate News Editor for marketwatch.com. One possible reason for the relatively high correlation between Covanta’s stock and the energy sector is that Covanta’s largest subsidiary, which owns the EfW facilities, is called Covanta Energy Corp.If investor perceptions change, that could lead to a revaluation of Covanta’s stock and provide a boon for Covanta investors. Source: marketwatch.com Share This:

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G.E. Earnings Show Some Signs of a Turnaround

“In its jet engine business, revenue rose 7 percent, to $7.11 billion, and operating profits rose 26 percent to $1.60 billion” writes Steve Lohr for nytimes.com. But G.E.’s revenue from its industrial operations, excluding acquisitions and currency swings, fell 4 percent, to $23.8 billion.Flannery warned the that it might take a year or two to fix the power business, prompting G.E. to cut its dividend for only the second time since the Great Depression.G.E.’s power turbine business remains weak, with revenue down 9 percent, to $7.22 billion, and orders down…

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GE’s stock surges after profit and revenue beat expectations

“GE, +4.18% surged 3.2% toward a 5-week high in premarket trade Friday, after the industrial conglomerate reported first-quarter profit and revenue that beat expectations” writes Reporter Editor for marketwatch.com. Oil and gas revenue climbed 74% to $5.39 billion, but missed the FactSet consensus of $5.45 billion, while healthcare revenue rose 9% to $4.70 billion to beat expectations of $4.46 billion.Among GE’s business segments, power revenue fell 9% to $7.22 billion, but beat the FactSet consensus of $6.70 billion, while aviation revenue rose 7% to $7.11 billion to top expectations of…

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GE Rises on Earnings and Revenue Beats Despite Weakness in Power

“GE’s aviation, healthcare, renewables and transportation units all grew earnings, Flannery said” writes Anders Keitz for thestreet.com. Orders of $5.6 billion for power were down 29% year over year and revenue fell 9% to $7.2 billion.That being said, GE reaffirmed its full-year guidance and expects earnings in the range of $1 to $1.07 a share. Source: thestreet.com Share This:

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Reckitt Benckiser sales rise, but growth misses views

“Consumer goods company Reckitt Benckiser Group PLC (RB.LN) said Friday that revenue for the first quarter of 2018 increased and affirmed its full-year guidance” writes Maryam Cockar for marketwatch.com. The company behind brands such as Cillit Bang cleaning products and Nurofen painkillers said it generated revenue of 3.11 billion pounds ($4.37 billion) in the quarter, compared with GBP2.64 billion in the same period a year earlier.FTSE 100-listed Reckitt said like-for-like revenue growth was 2% and on a proforma basis, when taking into account acquisitions, revenue growth was 3%.U.S.-based baby-milk producer…

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