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Company & Industry OverviewsFacebook Privacy Fines in Turkey Top $0.5 Million in 2019
Facebook’s (FB) privacy problems continue to attract fines. Last week, Turkey hit the company with a fine of 1.6 million Turkish lira ($282,000). Company & Industry OverviewsGoogle’s Cloud Revenue Could Hit $38 Billion by 2025
Google’s cloud business is surging under Thomas Kurian. In July, it revealed that its cloud business makes an average of $8.0 billion in annual revenue. Company & Industry OverviewsPayPal Raises $5 Billion in Long-Term Debt
On September 26, PayPal Holdings (PYPL) filed an 8-K form with the SEC, detailing the issue of four series of long-term notes totaling $5 billion. MaterialsChina’s De-Dollarization amid Trade War: Gold’s Upside?
China continued buying gold for the tenth consecutive month in September. The country also continued its de-dollarization bid. Company & Industry OverviewsMust-Know: The World’s Top Online Retailers
Retailing has undergone a tremendous change over the last couple of decades. The brick-and-mortar model is giving way to online retailers. Company & Industry OverviewsJeff Bezos, Where Is my Amazon Drone Delivery?
Back in 2014, Jeff Bezos said that Amazon (AMZN) would use drones to deliver packages to customers. The idea was ingenious. Company & Industry OverviewsCould Netflix Rebound on Customer Loyalty?
Netflix (NFLX) has something to smile about. A Piper Jaffray survey has revealed customers may not leave Netflix for Disney+ and Apple TV+. Company & Industry OverviewsAMZN, FB, AAPL, MSFT, GOOGL: Tech Stock Forecasts
Tech stocks’ performance was mixed last month. While Amazon and Facebook fell 2.3% and 4.1%, Microsoft, Apple, and Google rose 0.8%, 7.3%, and 2.6%. ConsumerAmazon: Is Mark Cuban Influenced by Berkshire?
On September 30, Mark Cuban said to Fox Business that he had a stake worth around $1 billion in Amazon. He added, “It’s my biggest holding.” Company & Industry OverviewsWhy Apple Services Are Overshadowing the iPhone
By 2020, Apple aims to double its Services revenue from 2016. Meanwhile, the iPhone is looking less and less important for the company. Company & Industry OverviewsGoogle Marked Its 21st Anniversary in the Hot Seat
Google marked its 21st anniversary in the hot seat. Federal and state entities have opened antitrust investigations into the company. ConsumerWarren Buffett Isn’t Always Right on Apple Stock
Warren Buffett has admired Apple in the past. As a value investor, Buffett was expected to add more shares when Apple stock fell in the fourth quarter. Company & Industry OverviewsAmazon’s VI Initiative: Which Stock To Invest In?
Would you invest in a company that promises a technological utopia? It could be a simple answer – either you invest in it or you don’t. Company & Industry OverviewsAmazon Partners with over 30 Companies: VI Initiative
On September 24, Amazon (AMZN) announced the Voice Interoperability Initiative. The announcement was one day before the Amazon hardware event. Company & Industry OverviewsCan Tesla Boost Its Financials by Learning from Amazon?
Elon Musk seems serious about addressing Tesla’s (TSLA) logistics issues, and is considering taking inspiration from Amazon’s (AMZN) delivery model. ConsumerTrade War Hits Consumer Confidence, Stocks Retreat
Today, the Consumer Confidence Index data fell sharply to 125.1 in September from August’s 134.2. The reading was below the expected 133.5. ConsumerCan Warren Buffett’s Protégé Outperform Her Mentor?
Last week, Tracy Britt Cool, a Warren Buffett protégé, said she’d leave Berkshire Hathaway to start a new company. She joined Berkshire Hathaway in 2009. ConsumerSoros Exits, Buffet Increases: Who Is Right on Apple?
In Q4 2018, legendary investor George Soros sold all his holding in Apple (AAPL). In Q3 2018, Apple represented around 0.2% of his total portfolio. Company & Industry OverviewsAn Overview of the Streaming Services Industry
The pace that internet video streaming has evolved is nothing short of revolutionary. Streaming is a serious threat to the cable TV industry. Company & Industry OverviewsRivian: Is Amazon’s Order Bad News for Tesla?
Amazon placed a bulk order for 100,000 electric delivery vans from Rivian. Amazon plans to phase out its current diesel vehicles in a systematic manner. Company & Industry OverviewsFedEx Teams Up with Google Wing to Test Drone Delivery
FedEx (FDX) has teamed up with Alphabet’s (GOOGL) Wing to make drone delivery a reality. Let’s take a closer look at how. Company & Industry OverviewsFord’s Former CEO Finds Amazon’s Rivian Deal Risky
In a CNBC interview, former Ford Motor CEO Mark Fields said he sees Amazon’s Rivian order for electric vehicles as “a bit of a risk.” Company & Industry OverviewsFacebook Portal Targets Several Markets Worth $300 Billion
On Wednesday, Facebook (FB) unveiled new models of its Portal hardware products. Facebook’s Portal business targets markets worth nearly $300 billion. Company & Industry OverviewsMicrosoft’s Lease with WeWork: A Positive Sign?
In the Seattle area, WeWork at Capitol Hill has a new client—Microsoft (MSFT). The total cost of MSFT’s lease with WeWork is $3 million. Consumer10 Days Left until Amazon’s Great Indian Festival
Amazon is gearing up for its Great Indian Festival online event, which launches before Diwali. Flipkart’s Big Billion Days will launch at the same time. Company & Industry OverviewsCould Apple and Microsoft Lead a Market Rally?
Jim Cramer believes Apple and Microsoft stocks are ready to boost equity markets to new highs. Both stocks’ market cap has crossed the $1 trillion mark. Company & Industry OverviewsWhy Is Jeff Bezos Investing in Unconventional Ventures?
Jeff Bezos looks at a company’s long-term profit potential and its value addition to the market. He wants to make a positive difference in consumers’ lives. Company & Industry OverviewsVanguard, BlackRock, State Street Buy Amazon Stock
The Vanguard Group, State Street Global Advisors, and BlackRock Institutional Trust Company raised their holdings in Amazon (AMZN) stock in Q2 2019. ConsumerIs China’s Slowdown Weakening Its Hand in Trade Talks?
Data released today show a worsening slowdown in China. The country’s industrial production increased by 4.4% year-over-year last month. ConsumerIs Warren Buffett’s Nightmare Scenario Coming True?
Warren Buffett’s Berkshire Hathaway’s cash pile has grown steadily. At the end of Q2, the company had more than $122 billion in cash and cash equivalents. Company & Industry OverviewsApple’s Cheapest iPad: A Better Deal than Competitors?
In terms of pricing, Apple’s seventh-generation iPad is a reasonable proposition compared to its predecessor. Now let’s see how it fares against its peers. Company & Industry OverviewsAmazon Stock: Price Target, Valuation Compared to Peers
In September, with geopolitical tensions easing and Amazon stock recovering, perhaps it’s time to review its upside potential and valuation. Company & Industry OverviewsApple TV+ Now the Company’s Third Subscription Service
At Apple’s annual media event yesterday, the company unveiled details of its Apple TV+ streaming service, set to launch for $4.99 per month. Company & Industry OverviewsNew Rivian Investment: Could It Be the Real Tesla Killer?
Yesterday, electric truck maker Rivian revealed that it had landed an investment of $350 million from automotive services company Cox Automotive. Company & Industry OverviewsApple Stock: Will It Rally after Today’s Event?
On September 10, Apple (AAPL) is scheduled to hold a special event. Many people wonder what the company will unveil today. Company & Industry OverviewsAmazon Targeting $240 Billion Southeast Asian Market
Amazon’s interest in the promising Southeast Asian Internet market is growing, as shown by its talks to acquire a stake in Indonesia-based Gojek. Company & Industry OverviewsWhy Is Apple Raising $7 Billion in Debt?
Last week, Apple’s (AAPL) preliminary prospectus revealed that the company is looking to raise $7 billion in debt to fund shareholder buybacks. MaterialsUS Non-Farm Payroll Disappoints: Whose Fault Is It?
Today, the Bureau of Labor Statistics released the US non-farm payroll data for August. The US economy added fewer-than-expected jobs last month. ConsumerThree Tech Stocks to Buy for 2020
Tech stocks have been massive wealth creators over the years. For 2020, you should look to Amazon, Alibaba, and Autodesk. Here’s why. Company & Industry OverviewsWhy Microsoft Stock Outperformed Its Peers in August
Microsoft (MSFT) stock rose 1.2% in August. The stock outperformed its peers amid a slump in the equity market in the month. In August, mounting trade tensions between the US and China and recession fears affected most tech stocks. However, Microsoft stock outperformed its peers, with Wall Street analysts showing enthusiasm about the stock. In […] Company & Industry OverviewsWhy Amazon Stock Tanked in August
Amazon (AMZN) stock fell 5.2% in August. Lower-than-expected earnings, political criticism, and macro uncertainties affected its stock. Company & Industry OverviewsTrade War: Are Trump and Xi Jinping Taking Buffett’s Advice?
Over the last few days, the trade war de-escalated. President Trump said that the US-China trade talks are resuming “at a different level.” Company & Industry OverviewsWhy Audible Is Being Sued by Publishers
On August 23, seven prominent members of the Association of American Publishers sued Amazon’s (AMZN) Audible for copyright infringement. ConsumerWhy Amazon Stock Fell for a Sixth Straight Week
Amazon (AMZN) stock has now fallen for six straight weeks. Here’s a summary of what’s impacted the stock and analysts’ outlook for the e-commerce giant. Company & Industry OverviewsThird-Party Sellers: Opportunity or Threat for Amazon?
At the end of the second quarter, Amazon’s (AMZN) third-party sellers accounted for 54% of the paid units sold on the platform. Company & Industry OverviewsApple Stock: Trading Lower after a Volatile Week
Apple (AAPL) investors have had a roller coaster week. Apple stock has lost just under 2% in a week, ending on August 23, 2019. Company & Industry OverviewsVideo Streaming: Netflix Faces Fierce Competition
Competition taking a toll on Netflix as its share of US subscription video streaming market keep falling as rivals gain ground. Company & Industry OverviewsUPS Enters Self-Driving Race, Buys Stake in TuSimple
United Parcel Service (UPS) has joined the self-driving vehicle race. Last week, the company announced its purchase of a minority stake in autonomous tech startup TuSimple. The delivery giant made the investment following the results of ongoing self-driving truck road tests. However, neither company has disclosed the investment amount. Founded in 2015, TuSimple is trying […] Company & Industry OverviewsWhy Verizon’s Oath Dropped Its $10 Billion Revenue Goal
Verizon’s (VZ) Oath subsidiary no longer expects to meet its revenue goal of $10 billion by 2020. ConsumerBerkshire Hathaway 13F: Warren Buffett Played It Safe
There weren’t any real surprises in Berkshire Hathaway’s 13F for the second quarter. In some ways, the 13F replicated the first quarter.