It's a big week for Wall Street as many tech giants will report quarterly earnings later this week. We discuss what to look out for when Facebook, Amazon, Apple, Alphabet, and Microsoft release reports.
Facebook is expected to report big growth thanks to ad revenue. But will concerns over the News Feed and the growing number of fake accounts spook investors? Amazon will likely beat estimates after the company reported record sales during the holiday season. Apple is also expected to beat estimates but questions are swirling about whether the iPhone X is a success or a flop. Alphabet, the parent company of Google, continues to make strides in the hardware space. Investors will be looking to see whether Google can keep up with rival Amazon in the smart home device industry. And finally, Microsoft will likely report a successful quarter thanks to its investment in cloud computing.
A new study examined the link between mental health and internet use and didn't find that it was consistently linked to negative psychological outcomes.
A ransomware attack has prompted a health care chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced.