Alphabet (GOOGL) announced it will use the actively traded company’s chips in its new Stadia cloud-based video-game service. That could make AMD a key player in a fast-growing pastime already drawing millions of daily views.
Bilibili (NASDAQ: BILI)
is a leading online entertainment platform for young generations in China hosting video contents and offering mobile games. The company is founded in 2009 in China and went public on NASDAQ in March 2018.
The first major theme was a rebound in beaten down social-media stocks
Facebook (FB) and Snap (FB). Both showed signs of repairing different kinds of problems plaguing their businesses. FB’s big achievement was to keep drawing advertiser dollars – especially from its new Stories format and video service.
Netflix Earnings – International revenues exceed U.S. with over 139 million paid memberships worldwide
Netflix increased annual revenue 35% to $16 billion in 2018 and nearly doubled operating income to $1.6 billion with an operating profit margin of 10%.
Microsoft (MSFT) is making serious efforts to enter the world of “cloud computing,” the business of large companies using third-party servers and software instead of running their own data centers. It’s a broad shift that’s been occurring in the world of tech for most of the decade.