Analysts expected Facebook to post earnings of about 57 cents per share. After the company has announced good second-quarter earnings, Facebook stock reaches record high. Facebook CEO Mark ZuckerbergSteve Jennings/GettyFacebook just smashed its Q2 earnings. Facebook is faring better in the shift toward mobile and video compared to its long-time rival, Twitter , which revealed its slowest growth in quarterly revenue in three years .
Microsoft is preparing to release its update on August 2, named windows 10 anniversary update. Within the update will be a slew of security rollouts, some improvements for Windows and Xbox gaming , and feature updates to Edge , Ink, and Cortana.
KitGuru Says: Microsoft's goal of 1 billion devices seemed very ambitious but the lack of exciting Windows Phone launches has really held things back. Microsoft will also stop giving free Windows 10 download and upgrade on July 29. The new Skype app will replace the existing Skype desktop app, along with calling and messaging apps that were bundled with the original release of Windows 10 .
Amazon used the earnings announcement to reveal that sales from its second annual Prime Day, where customers on their Prime membership scheme had access to exclusive deals, were up more than 60% on 2015's event. "They seem to be doing everything right". ProShare Advisors LLC raised its stake in Amazon .com by 2.9% in the fourth quarter. Amazon - yes, Amazon - is on a profits streak.
It started off the year with a 2.2 percent market share, and had risen to 5.3 percent by the end of June, enough to claim fourth position in the market share chart. Chinese behemoths like Huawei, Oppo, and Vivo, are on the list too. " Huawei is facing rising competition from OPPO, Samsung, Vivo and others, and Huawei's recent growth spurt has slammed to a halt".
The week's most powerful validation came on Wednesday night from President Barack Obama, her victorious primary rival in 2008. At the end of Obama's speech, Clinton - the first woman to win the presidential nomination of a major U.S. "Unless you want to be lied to, belittled, and attacked for your beliefs, don't watch Hillary's DNC speech tonight", read the call for donations. Until you've sat at that desk, you don't know what it's like to manage a global crisis or send young people to war.