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IACI News

8 Takeaways for Apple, Google and Others from Recent Mobile App Stats

Among other things, a new report indicates spending on in-app subscriptions is taking off, and that WhatsApp is now Facebook's most widely-used mobile app.

Why Amazon could hit $1,200 per share

Jeff Bezos' ability to carve up new businesses with Prime, Amazon's nascent advertising shop and a dominant cloud service drive a price increase from UBS.

11 key deal makers to watch at the big Sun Valley media conference

Silicon Valley stars such as Mark Zuckerberg and Tim Cook rub shoulders with media powers Rupert Murdoch and Oprah Winfrey at Allen & Co.'s annual retreat.

5 Things You Must Know Before the Market Opens Wednesday

U.S. stock futures decline and European shares trade lower following disappointing earnings from Apple and as Wall Street looks to Wednesday's announcement from the Federal Reserve on interest rates.

Week Ahead: Apple Earnings, Jobs Report on the Docket in Busy Start to May

May kicks off with a busy first week filled with earnings, monetary policy and a snapshot of the health of the economy.

Breaking News

Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.