BlackBerrys stock touched two-year highs of about $11.50 in early June after it won a surprise $940 million arbitration award relating to a dispute with Qualcomm. However, the stock has declined by over 20% since then, presently trading at levels of under $9 per share. Below we take a look at some of the factors that may have resulted in the selloff.
Trefis has a $9.50 price estimate for....More>>>
Amazon.com Inc. (NASDAQ: AMZN) had its biggest holiday season ever this year and its best-selling products were the Echo Dot voice-controlled speaker and the Fire TV Stick that sold for $29.99 and $39.99, respectively.
Apple Inc. (NASDAQ: AAPL) delayed the launch of its $349 HomePod voice-controlled speaker until sometime in January. Even if it had been available, chances are the HomePod....More>>>
The NASDAQ Composite keeps on going from strength to strength. Recently, we saw the big three — Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), and Microsoft (NASDAQ:MSFT) — report very strong earnings, which resulted in strong spikes in their respective share prices. Over time, this should only add to the returns of the NASDAQ going forward. Why? Because it looks as if the sustained....More>>>
Symantec (SYMC) reported the results of its Q2 a few days ago. The results were a small miss on EPS with in-line revenues. Managements forecast for its fiscal Q3 was for revenues and EPS below the prior consensus and for a short fall on both the earnings and revenue line for the year as a whole. Needless to say, the shares fell noticeably for the week and lost 7% for the week as a whole and as of....More>>>
Alphabet (GOOGL) doesn’t seem like your typical growth stock, considering it opened at $1,030.99 this morning (Oct. 27, 2017). But Wall Street is overlooking the explosive potential our tech guru sees…
Money Morning Director of Technology & Venture Capital Research Michael A. Robinson believes Alphabet Inc. (Nasdaq: GOOGL) has $48 billion in new yearly hardware sales....More>>>
Ford (NYSE:F) announced August 2017 U.S. vehicle sales of nearly 210K, down 2.1% from the same month in 2016. Despite this decrease, it exceeded the 6.4% estimate from Edmunds. For the year, Ford has sold approximately 1.7 million vehicles, which is a 4.1% decline compared to 2016. These metrics are largely consistent with the overall auto industry which saw a 2% decrease in August compared....More>>>
On September 1st, Roku filed a prospectus with the SEC, planning to list on the NASDAQ under the ticker ROKU. Roku pioneered streaming to the television through a device that used the internet. As of June 30th, Roku has 15.1 million active accounts. In the first six months of 2017, Roku owners have streamed 6.7 billion hours through their Roku devices.....More>>>
Related INTC Steel Is For Real There's A Late Summer Souring On Semiconductor ETFs Related BA Honeywell Could Benefit From UTX-Rockwell Collins Combination Boeing, Airbus, Analyst Question United Technologies-Rockwell Collins Deal ....More>>>
NEW YORK Stocks fellWednesday as the Dow dropped more than 100 points, putting more distance between the blue chipsand that elusive 20,000 mark.
Dow 20,000 has been in sight for several days now, with the index getting as close as a couple of dozen points from the milestone but never reaching it.
At the 4 p.m. ET close, the Dow stood0.6% lower for the day, off 111points and 166away....More>>>
In my previous article I discussed the important role that International Business Machines (IBM) was playing in the blockchain environment, as well as the contractual world with the largest players. Recently, CNBC released a report stating that IBM has just released more contractual relationships with Nestle (OTCPK:NSRGY), Unilever (UN) and Wal-Mart (WMT).
These relationships are....More>>>