Snapchat parent company Snap Inc. (NYSE: SNAP) said it has made significant progress with its augmented reality platform in the second quarter. It will also add five new games to Snap Games this year.
There’s a chance the selloff in Netflix, Inc. (NASDAQ: NFLX) is about to end.
In financial markets, levels that have been resistance can turn into support and it could happen here. Levels around $510 were resistance at the end of April.
The earnings parade continues, with a steady flow of solid corporate results helping Wall Street recover from Monday’s huge plunge. In fact, the major indices are basically back where they were Friday after two crazy days, making it look like Monday and Tuesday never happened.
Moviegoers may or may not remember the shakeup that occurred in 2008 when Apple’s iTunes (NASDAQ: AAPL) ushered in the over-the-top (OTT) video marketplace. The convenience and accessibility of renting movies on-demand proved fatal to brick-and-mortar video rental stores like Blockbuster.