Why Amazon Would Want To Acquire bigbasket
Amazon (AMZN) is in talks to acquire India’s online grocery retailer bigbasket, according to a Bloomberg report. The talks between Amazon and bigbasket are said to be in the early stages, and there…
You may have heard that JD.com (JD) and Alibaba (BABA) are racing to expand into China’s (MCHI) (FXI) rural markets as growth in major cities slows amid market crowding. However,…
China’s (MCHI) JD.com (JD), a fierce Alibaba (BABA) rival, is a company run by an ambitious man. JD founder and CEO Richard Liu, is on a path to shake up…
Why Did Snap Shares Rise Last Week?
Shares of Internet technology firm Snap (SNAP) rose 18.4% last week (ended August 18, 2017) to close at $14.01.
Shares of consumer technology firm GoPro (GPRO) fell 8.4% last week (ended August 18, 2017) to close at $9.05.
Shares of Frontier Communications (FTR) fell 9% last week (ended August 18, 2017) to close at $13.56.
What’s Facebook’s Valuation?
Facebook (FB) is trading at a price-to-book value of 7.3x. The stock’s price-to-sales is 14.6x, while the price-to-estimated sales for the current year is 12.4x.
Facebook (FB) is waging a war on ad blockers, the software that people are using to filter out advertisements from the websites they visit.
Facebook (FB) is betting on video to drive its growth in the coming years.
How Facebook Plans to Generate More Ad Revenues
According to eMarketer, the American digital video advertisement sector is projected to grow to $16.7 billion in three years.
Spotify noted that its ad revenues rose 50% from 2015 to 2016 and is now valued at $13 billion.
While Uber operates in 633 cities around the world, it faces stiff competition from local companies like Careem in the Middle East, Grab in Southeast Asia, and Ola in India.
Are Markets Factoring in the AT&T–Time Warner Deal?
The acquisition of Time Warner would turn AT&T into a massive conglomerate, as it would own all Time Warner assets—including Warner Bros. films, HBO, and CNN.
Charter said it intended to use the proceeds from the debt offering for general corporate purposes such as buying back some of its shares.
Charter (CHTR), which has been the subject of merger rumors in recent months, reported a fairly strong performance across the board in its latest quarter.
Wall Street’s Ratings for TripAdvisor after 2Q16 Earnings
Of the 24 analysts rating TripAdvisor (TRIP) stock after 2Q17, 8.3% (two analysts) have issued a “buy” rating, and 70.8% (17 analysts) have issued a “hold.”
For 3Q17, TRIP’s EBITDA is expected to fall 14.0% YoY to $98.0 million. For 4Q17, EBITDA is expected to fall 1.9% YoY to $56.9 million.
TripAdvisor’s (TRIP) 2Q17 adjusted EBITDA rose from $73.0 million in 2Q16 to $101.0 million in 2Q17, a 6.0% rise YoY.
Device and Consumer Revenues Decline for Microsoft
In 4Q15, revenues in the devices and consumer segment for Microsoft declined by 13% to $8.7 billion.
Do Broadcom’s Price Ratios Attract Long-Term Investors?
On August 17, 2017, Broadcom had a PS ratio of 6.1x which is higher than Qualcomm’s (QCOM), Texas Instruments’ (TXN), and Intel’s (INTC) PS ratios of ~3.4x, ~5.6x, and ~2.7x, respectively.
On August 17, 2017, Broadcom (AVGO) had an RSI of 47, indicating that the stock is trading at an average volume.
Since the start of 2017, Broadcom stock has risen 38.5% and is currently trading at the higher end of its 52-week range of $158.75–$258.49.
Why Lenovo Saw Its First Quarterly Loss in Almost 2 Years
Lenovo reported a net loss of $72 million in fiscal 1Q18 compared to a profit of $173 million in fiscal 1Q17.
Storage appliance maker NetApp (NTAP) announced its fiscal 1Q18 results on Wednesday, August 16. The company posted its fifth earnings beat in a row, while revenue was in line with…
On August 16, Cisco Systems (CSCO) reported its results for fiscal 4Q17, which ended in July. The company posted quarterly revenue of $12.1 billion, narrowly beating Wall Street estimates of…
How Electronic Arts Is Looking to Break Out
Despite posting a 7.4% revenue growth in the December quarter, or fiscal 3Q17, Electronic Arts (EA) stock has moved nowhere.
Holiday video game sales figures shared by Sensor Tower and reported by Wall Street Journal reveal an interesting sector trend.
Nintendo (NTDOY) has plans to open three attraction sites in the US and Japan thanks to a partnership with Comcast (CMCSA).