Apple (AAPL) could be forced to part with $13.6 billion in back taxes if the European Union (or EU) proves Ireland illegally offered Apple special tax treatment for more than a decade.
Donald Trump’s proposed protectionary policies and trade policies could impact IBM (IBM). Trump’s policies are aimed at enhancing domestic production and repatriating offshore cash. IBM will benefit from Trump’s proposed…
The strengthening US dollar (UUP) has been pressuring the entire technology sector, and growth in Oracle’s (ORCL) top line is vulnerable to fluctuations in the dollar.
On December 13, EW stock was trading ~23% above its 52-week low of $72.2 on January 20, 2016, and ~27% below its 52-week high of $121.7 on October 10, 2016.
Oracle, Apple, Microsoft, IBM, Google, and Cisco all derive the majority of their revenues from outside the US. Their cash reserves are also held abroad.
The uncertainty that the technology sector is facing since Trump won the US Presidential election on November 8 is likely to get a lift after December 15.
After the 2016 US Presidential election, there was a fall in the tech sector. But Trump’s upcoming meeting with leading tech players could change things.
Shortly after Trump’s criticism about the costs of the F-35 program, Canadian Prime Minister Justin Trudeau stated that the country would consider the F-35 in an open competition for acquiring fighter jets.
Following Trump’s shot at the F-35 program, major suppliers in the program saw their stock prices slide.
In a derisive tweet, Trump said, “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20.”
Donald Trump’s victory is good news for oil and natural gas but bad news for renewable energy sources such as solar and wind power.
Donald Trump wants to repeal the Affordable Care Act (or ACA) and replace it with a new act that encourages free-market competition.
Under Donald Trump’s tax plan, the lowest earning Americans are likely to be the biggest winners.
November 8, 2016, marked a major political shift in the history of the United States as Donald Trump was elected as the next US president.
Walt Disney (DIS) has eliminated Dongguan Qing Xi Juantiway Plastic Factory from its list of manufacturing partners.
On December 4, Italy voted “no” in the much-awaited referendum. It rejected proposals for constitutional changes to limit the power of the upper house.
Asian markets fell on December 5—led by the banking sector. The banking sector lost strength due to the “no” vote during Italy’s referendum.
Approximately $1 trillion is expected to be spent globally on cybersecurity from 2017–2021. In this series, we’ll see how FireEye (FEYE) aims to benefit from growth in this space with its strategic initiatives.
The demonetization move could impact Apple in the short term, but Apple is quite optimistic about its long-term future in India.
Is Facebook (FB) working on a return to China? Facebook has been busy developing a tool that could be used for censoring posts based on the region of the user.