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.
Meta has unveiled an app called Threads to rival Twitter, targeting users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk.
Complete sexual assault case folios containing intimate details were among more than 300,000 files dumped online in March after the 36,000-student Minneapolis Public Schools refused to pay a $1 million ransom. Other exposed data included medical records and discrimination complaints.
China has restricted exports of high-tech metals gallium and germanium, which are critical to making chips, in response to the U.S. blocking them from access to advanced chips.
