Apple Inc. is planning to invest $1 billion in SoftBank Group Corp.’s giant new technology fund, adding its name to a growing list of interested parties and giving the iPhone maker a new avenue to tap up-and-coming technologies. Qualcomm Inc. also said it will participate in the fund, but the terms and the amount of its investment are still under discussion.
Category: Startups
Why Valero Energy, Ensign Group, and The Bancorp Slumped Today
Wednesday was another good day for the stock market, as major market benchmarks posted gains of between 0.25% and 1% to climb back within reach of new record levels. Many market participants focused on the release of the Federal Open Market Committee’s most recent meeting minutes, which didn’t have any major surprises that threatened the positive mood among investors.
The Simple Reason I Won’t Buy Tesla Motors Stock
Tesla CEO Elon Musk. Image source: OnInnovation via Flickr. Copyright 2010 The Henry Ford.
Apple Confirms $1 Billion Investment in SoftBank Vision Fund
Apple Inc. confirmed Wednesday that it plans to invest $1 billion in SoftBank Group Corp.’s new technology fund to help finance technologies it could use in the future. Apple spokeswoman Kristin Huguet said, “We believe their new fund will speed the development of technologies which may be strategically important to Apple.”
Tesla Shrugs Off Delivery Miss as Investors Focus on Model 3
The automaker produced record deliveries in 2016 but fell short of estimates. Bulls and bears alike are more focused on Tesla’s forthcoming more affordable sedan The market on Wednesday shrugged off Tesla Motors ‘ failure to meet its 2016 delivery goals, a fresh reminder that little in the near term matters as bulls and bears alike await the automaker’s Model 3 debut.
Why Cisco’s Stock Price May Be Stuck
Cisco is a ‘Dog of the Dow,’ which means it pays high dividends. But its stock may not be able to move much higher.
Ford’s Truck Hybridization Trumps Mexico and Tesla: Gadfly
On its first day back from the holidays, America’s auto industry began with a Mexican standoff and ended with Tesla just being off. Ford Motor Co.
AT&T to Test 5G Wireless for Delivery of – DirecTV Now’ to Homes
AT&T Inc. has reached speeds of up to 14 gigabits a second in lab trials of 5G wireless technology, and plans to test the high-speed network by beaming its DirecTV Now video service to homes in Austin, Texas before midyear. Through a collaboration with a dozen partners including Intel Corp., Ericsson AB and Qualcomm Inc., AT&T plans to use experimental airwaves to test fifth-generation or 5G residential and business services as a potentially cheaper method than fiber-optic cable for high-capacity connections, said John Donovan, AT&T’s chief strategy officer.
Ford, Toyota Form Telematics Bloc to Stymie Google and Apple
Ford Motor Co. and Toyota Motor Corp. have formed a consortium with four medium-size automakers to speed development of auto-industry standards for in-vehicle apps, a step toward preventing Apple Inc. and Google from controlling how drivers connect smartphones to their cars and trucks.
Why Asia-Pacific Is About to Be Huge for Facebook
Not only is the U.S./Canada Facebook’s largest market by revenue, its average revenue per user is growing faster than any other region. But that trend may change as Facebook looks to grow its advertising on Instagram and start monetizing Messenger and WhatsApp.
Apple Turns 40 With Little Fanfare as March to Dow 20K Resumes: ICYMI
Indexes ended Tuesday in the green across the board as Trump continued to nominate advisers to his cabinet and Tweet his heart out sending a handful of stocks into disarray. On Jan. 3, 1977, the Apple Computer Corp. is incorporated.
Cramer: ONEOK Looks A-OK to Me
Energy firm ONEOK soared 132% in 2016, trailing only Nvidia as the year’s best-performing S&P 500 component. OKE seems like an odd S&P 500 winner at first glance … until you consider that it came back from the dead like so many oil-and-gas-related companies did.
Why NVIDIA Corporation Stock Popped 15.8% in December
For perspective, NVIDIA stock also skyrocketed nearly 30% in November, with the bulk of the month’s gains coming after the company’s third-quarter results crushed the expectations of analysts on Wall Street. NVIDIA founder and CEO Jen-Hsun Huang rightly called it a “breakout quarter,” with record revenue, margins, and earnings.More specifically, quarterly revenue grew 54% year over year, to $2.00 billion, including broad growth across gaming, , data center , and automotive .
Could This Be Why Pacific Biosciences of California Stock Climbed Today?
The reaction to the termination of a contract with Swiss pharma giant Roche last month was severe. It looks like value-minded investors are taking advantage of the stock’s bargain bin price and perhaps salivating over the increased attractiveness of the company as an acquisition following the deal’s termination.
Why Depomed Inc. Stock Spiked Today
The catalyst behind the opioid drugmaker’s surge northward was a story in the New York Post over the weekend stating that the private equity firm KKR& Co. The activist hedgefund Starboard Value has been attempting to get Depomed to entertain buyout offers for awhile now, only to have management balk at the idea.
Forget NVIDIA Corporation: Here Are 2 Better Dividend Stocks
Just as with people, there’s no such thing as the perfect stock. As just one prominent example, investors griped that tech giant Apple didn’t pay a dividend in the early years of this decade.
Better Buy: Berkshire Hathaway vs. GE
However, Berkshire has soared 22% in 2016, and thus, is naturally less attractive than it was at this time last year. With that in mind, let’s take a look at Berkshire as compared to another stock I have my eye on right now, General Electric Aside from having Warren Buffett, the greatest long-term investor of all time, at the helm, there are plenty of good reasons to like Berkshire over the long run, no matter who is at the CEO’s desk.
How to Spend More Mindfully in the New Year
Mindfulness and meditation can ease chronic pain, anxiety and depression. Now some money experts say awareness tools such as these can help you avoid impulse purchases and create a spending plan that reflects your values.
How Social Cash Made WeChat The App For Everything
A centuries-old tradition gave rise to China’s most valuable company and captured the attention of everyone from teens to Silicon Valley. A little over a year ago, my roommate Mike said something strange.
This essay got a high-school senior into Harvard, Yale, MIT,…
But before he was accepted to the prestigious Ivy League school, he had to first navigate the tricky process of writing a stellar admissions essay. His hard work certainly paid off.
3 Stocks I Won’t Be Selling In 2017
Oftentimes, portfolio performance can benefit from lack of action. In other words, investors may be better off simply leaving their stocks alone, and not worrying about timing the market to buy and sell at the right times.
The story of how Steve Jobs saved Apple from disaster and led…
Nowadays, Apple is the most valuable company in the world, thanks in huge part to the vision of the company’s late cofounder and CEO Steve Jobs. Once upon a time, Apple was a disaster, chewing through CEOs and delivering one bad quarter of financial results after another.
AT&T Intros Tool To Stop Spam Calls
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Tesla Rolling Out Autopilot Software Updates to 1,000 Cars
Tesla Motors Inc. began rolling out software updates to customers with newer cars, bringing them to parity with owners who have what’s known as “Autopilot 1” and setting the stage to ultimately unleash full self-driving capability. “HW2 Autopilot software uploading to 1,000 cars this eve.
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Can the memory chip specialist build on this success with another fantastic performance in 2017? First, I have already taken a look at the potential downside for us Micron investors. In short, the risks involved in owning Micron next year are significant but also limited.
The Big Strategic Shift Coming to the Solar Industry in 2017
The solar industry has been through a lot of strategic changes over the past decade as cell manufacturers moved to making panels, panel manufacturers started building power plants, and power plant companies began moving into financing. In many ways, vertical integration was the name of the game.
ThreeSixty to Acquire Sharper Image From Iconix
Private equity-backed consumer products company ThreeSixty Group will pay $100 million for the quirky gift retailer in its second sale outside of Chapter 11. ThreeSixty Group on Friday said it had agreed to purchase the Sharper Image brand from Iconix Brand Group in the hopes that it can revamp the struggling gadget maker. The Irvine, Calif., consumer products company will pay $100 million in cash for the rights to the brand and related intellectual property assets of the specialty gifts retailer.
Wells Fargo Settles With Brokers Over Claims of Racial Bias
Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them the same career opportunities as their white colleagues.
Top Stock Stories of 2016
Stocks in 2016 certainly reacted to the Trump effect. The Dow Jones soaring more than 1400 points since the election to come within reach of the 20,000 mark.
Tesla Makes Reno a Critical Stop on Way to Las Vegas and CES
As far as Tesla’s concerned, what’s happening in Las Vegas can stay in Las Vegas. The real action is some 400 dusty miles northwest, across the state in Reno.
Nvidia’s Savvy Capital Return Efforts
This program intended to return cash to shareholders through regular dividends and share repurchases. In November 2012, Nvidia announced its first quarterly dividend of $0.075 per share.Based on the closing price on the day of the announcement, this represented an annual dividend yield of 2.4% — a healthy yield for a nimble, relatively small,tech company with above average growth prospects.
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Nobody’s perfect and corporate executives are just like you and me. But when you’re running a publically traded company and billions in wealth is made or lost by a stock price swing, the stakes are much higher.
Facebook Safety Alerts Like Bangkok to Be Triggered More Often
Facebook Inc. said it wasn’t a mistake to tell people in Bangkok to mark themselves as safe after the report of a small bomb explosion. It’s an example of how much more common the social network’s “safety check” alerts are going to become.
Nvidia Falls as Citron Research Says Stock – Belongs at $90′
Shares of graphics chipmaker Nvidia Corp. fell the most in almost month after an investment newsletter run by activist short seller Andrew Left said the stock “belongs at $90.” Nvidia has more than tripled this year to $117.32 at Tuesday’s close.
Apple, Inc. Has a Major Disconnect Between the Buy-Side and the Sell-Side
If it wasn’t clear by now, investors should always take sell-side research notes with a grain of salt , and they should never act solely based on said research reports. Sell-side analyst opinions are but one of many factors that investors should incorporate into investing decisions.
What Happened in the Stock Market Today
NVIDIA shares fell 6% on heavy trading volume as investors tried to catch their breath following the stock’s huge rally. It had gained 7% in the previous session and is up 64% over just the last three months.
Holiday Phone Activations Bode Well for Apple’s iPhone 7-Plus Sales
But the numbers also suggest Apple’s smartphone sales mix improved for the better. Flurry, which relies on anonymized usage data from the thousands of mobile apps connected to its analytics tools, reports Apple products accounted for 44% of the smartphone and tablet activations it recorded from December 19 to December 25. That’s down from the 49.1% reported for the same week a year ago .
It’s On! 2017 Is The Year The Virtual Assistant Wars Get Real
Amazon’s Alexa, Google’s Assistant, and Microsoft’s Cortana look to hardware partnerships and development deals to take on Apple’s Siri. The tech industry’s titans have been preparing for an all-out virtual assistant war in 2017-and it’ll be fought by Apple’s Siri, Amazon’s Alexa, Google’s Assistant and maybe even Microsoft’s Cortana.
Dow Analyst Moves: CSCO
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Cisco Systems is the #6 analyst pick. Cisco Systems also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #144 spot out of 500.
Tesla, Panasonic to Begin Solar Panel Production in New York
Tesla Motors Inc. and Panasonic Corp. completed work on an agreement to begin manufacturing solar cells and modules at Tesla’s factory in Buffalo, New York, eventually bringing some 1,400 jobs to the region. Production will begin this summer, with the factory’s output capacity expanding to 1 gigawatt by 2019, the companies said in a statement Tuesday.