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ConsumerTech Stocks Drive the S&P 500 to Record Highs
This year, the SPDR S&P 500 ETF (SPY) and Technology Select Sector SPDR ETF (XLK) have risen 19.2% and 35.5%, respectively. What’s driven this rally? Company & Industry OverviewsSpotify Subscribers Beat Apple Music: What’s Ahead?
Spotify reported around 248 million total MAUs during the third quarter. Now, the company has more subscribers than Apple (AAPL) Music. Company & Industry OverviewsGoogle and Facebook Share Another Challenge
As both Google (GOOGL) and Facebook (FB) depend on advertising for most of their revenue, they also share several challenges. Company & Industry OverviewsSelf-Driving Cars: Has the Media Hyped Waymo?
Has Waymo, Alphabet’s self-driving car unit, been hyped by the media? We’ll take a closer look and see what’s new in the world of autonomous vehicles. Company & Industry OverviewsGoogle Fi Bolsters Its Service to Grow Its Subscriber Base
Google Fi (GOOGL) has introduced a feature that subscribers connect to two LTE networks at once. Fi’s new feature uses dual connect technology. ConsumerTwitter Tumbles after Disappointing on All Fronts
Twitter stock has fallen over 19% in the trading session on October 24 as of 9:39 AM ET. The stock was also down as much as 20% in premarket trading. Company & Industry OverviewsSpotify, Google Count On Same Partner as Competition Rages
As they fight for control of the music streaming market, Spotify and Google have found themselves counting on the same partner to help them succeed. Company & Industry OverviewsApple’s Self-Driving Car: Quanta Supplying the Tech
MacRumors recently reported that Quanta Computer supplied autonomous driving solutions to Apple. Apple has tested its self-driving car in Cupertino. Company & Industry OverviewsCould Microsoft Azure Be the Next Windows?
Analyst Christopher Eberle reiterated a “buy” rating and a price target of $161 on Microsoft stock. He predicts that Azure could grow 61.6% in Q1. ConsumerWill Solar Tech Power Self-Driving Cars?
In this video interview, Ben Lenail of Alta Devices talks about the future of solar power in next-generation vehicles and beyond. Company & Industry OverviewsNetflix: Three-Pronged Strategy to Outpace the Competition
Netflix stock has lost value amid weak Q2 results and increasing competition. Ahead of its Q3 results, investors should watch its subscriber growth. 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 OverviewsCould Microsoft and BlackBerry Help Google Survive the Huawei Exit?
Microsoft joins BlackBerry in setting aside its own operating system in favor of Android. That could soften the blow to Google if Huawei exits. 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. 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 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. ConsumerA November Stock Market Crash? Think Guns N’ Roses
Unofficial job numbers showed a slowdown in job creation. This hit the stock market hard. The S&P500 dropped 1.8% yesterday while Dow Jones fell 1.9%. 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%. 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. Technology & CommunicationsWhy Microsoft Acquired Avere Systems
In the first week of January 2018, Microsoft (MSFT) announced the acquisition of Avere Systems, which provides caching and file storage services in private data centers and the public cloud. 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 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 OverviewsFacebook’s Oculus AR Dream Has a Tough Challenge
On the same day that Facebook’s Oculus confirmed its plans to enter the AR market, Amazon unveiled its own AR-powered smart glasses. Company & Industry OverviewsWill Facebook’s Failed Snapchat Bids Come Back to Haunt It?
Facebook has attempted to buy Snapchat twice. First, it made the company a buyout offer of $3.0 billion in 2013, and then it made another offer in 2016. 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. Partner VoiceApomaya Is Helping Publishers Take Control of Cookies
Curious about browser cookies? Apomaya offers an innovative solution that puts publishers in the driving seat—without disturbing their online ecosystem. 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 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. 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 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. 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 OverviewsRobotaxis: Voyage versus Ford, Waymo, and Tesla
Autonomous ride-sharing and robotaxi startup Voyage has raised about $31 million in the Series B round, according to its press release. 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 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. ConsumerThe 5 Best Stocks to Invest in for Self-Driving Cars
Self-driving cars are inevitable, and billions of dollars are going into this technology. We take a look at five of the best stocks in the industry right now. Company & Industry OverviewsRussian Watchdog Alleges Facebook Displayed Election Day Political Ads
Russia’s regional election on Sunday produced another headache for Facebook over political ads. Facebook is already in a dispute over local data storage. Company & Industry OverviewsApple’s Self-Driving Car Spotted in Cupertino
Apple’s (AAPL) self-driving car has been spotted on the roads in Cupertino, according to a report by the Last Driver License Holder. 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. Company & Industry OverviewsAutonomous Vehicles: Jaguar Ties Up with BlackBerry
Jaguar Land Rover has partnered with BlackBerry to develop autonomous vehicles. BlackBerry will assist Jaguar in various areas via AI and machine learning. 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. 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 OverviewsAMD’s Bulldozer Lawsuit Is Now Behind It
Advanced Micro Devices (AMD) has reportedly agreed to settle a federal class action lawsuit related to the false advertising of its processors. 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.