Business news in the month of february 2019
Here are some of the major business news stories from February 2019:
- Amazon Acquires Eero: Amazon acquired Eero, a company that makes mesh Wi-Fi routers, for $97 million. The acquisition is seen as a move to expand Amazon's presence in the smart home market. (February 13)
- WeWork Files for IPO: WeWork, a shared workspace company, filed for an initial public offering (IPO) that could value the company at up to $47 billion. The IPO is expected to be one of the largest in history. (February 14)
- Tesla's Stock Plummets: Tesla's stock price plummeted by 10% after the company reported a wider-than-expected loss and lower-than-expected revenue for the fourth quarter of 2018. (February 5)
- Facebook's Revenue Growth Slows: Facebook reported slower-than-expected revenue growth for the fourth quarter of 2018, citing increased competition and regulatory issues. The company's stock price fell by 9% after the earnings report. (February 6)
- Boeing's 737 Max Grounded: The Federal Aviation Administration (FAA) grounded Boeing's 737 Max aircraft after two fatal crashes in Indonesia and Ethiopia. The grounding is expected to have a significant impact on Boeing's revenue and profitability. (February 13)
- Apple's Revenue Misses Expectations: Apple reported revenue that missed expectations for the first quarter of 2019, citing weaker-than-expected iPhone sales. The company's stock price fell by 7% after the earnings report. (February 1)
- Uber's IPO Filing: Uber filed for an IPO that could value the company at up to $120 billion. The IPO is expected to be one of the largest in history. (February 11)
- Google's Revenue Growth Slows: Google's parent company, Alphabet, reported slower-than-expected revenue growth for the fourth quarter of 2018, citing increased competition and regulatory issues. The company's stock price fell by 3% after the earnings report. (February 4)
- FedEx's Earnings Miss: FedEx reported earnings that missed expectations for the fourth quarter of 2018, citing higher-than-expected costs and weaker-than-expected demand. The company's stock price fell by 10% after the earnings report. (February 19)
- US-China Trade Talks: The United States and China held trade talks in Beijing, with both sides expressing optimism about the possibility of a deal. The talks are seen as a key factor in determining the global economy's direction. (February 14-15)
These are just a few of the major business news stories from February 2019. If you'd like more information or specific details on any of these stories, feel free to ask!