Get Real: Big Tech Companies Dominate
In today’s Get Real, we saw updates on big tech companies’ latest happenings. Plus, more earnings results, projections, and expectations.
Nov. 5 2019, Published 12:00 p.m. ET
In today’s Get Real, we saw updates on big tech companies’ latest happenings. Plus, more earnings results, projections, and expectations.
Must-knows
Twitter and Facebook stir the pot
Twitter (TWTR) announced that it won’t sell political ads anymore, unlike Facebook (FB). Google will likely choose a side amid ongoing antitrust concerns. Political ads don’t have a huge impact on these companies’ finances.
Microsoft’s new partner in Malta
AE Ventures, æternity’s investment arm, announced a partnership with the Microsoft Innovation Center. The partnership is in place to stimulate blockchain promotion in Malta.
Musk and SolarCity
It’s Elon Musk’s time to shine regarding Tesla’s 2016 acquisition of SolarCity. Musk’s deposition of the acquisition’s shareholder lawsuit and revived interest in Tesla’s solar presence both came to light recently.
Top 5 dividend stocks for an uncertain market
In the increasingly volatile market, investors are keeping an eye out for stable dividend income. We discussed five dividend stocks that are currently trading at attractive yields.
Should Apple worry about Google?
Google’s recent Fitbit acquisition is a big change in the wearables space. Should Apple (AAPL) be concerned about it? Analysts don’t think the impact will be significant, at least in the short term.
What to watch for
Chesapeake’s hedge fund danger
Chesapeake Energy’s (CHK) third-quarter earnings and operational results are set to be released today. Analysts are bearish about the outcome. Franklin Resources, a hedge fund, will likely be impacted if the stock falls.
Shake Shack could rise up
Shake Shack (SHAK) released its third-quarter earnings after the market closed on Monday. Analysts expected the stock to rise due to the company’s plan for new stores.
Citigroup on Delta
Last week, Citigroup (C) analyst Stephen Trent endorsed buying Delta Air Lines (DAL) stock. The stock rose in response to Trent’s bullish stance. Other analysts don’t share his opinions.
Nvidia is looking strong
Nvidia (NVDA) stock has started to turn around since the cryptocurrency demand fell last year. Investors’ confidence has increased ahead of the company’s next earnings release.