What a difference a few months make. After hitting a low point in May of last year, Apple’s stock has rallied back 47%, and it just hit an all-time high today.
Category: Startups
Facebook Announces New TV App in Move to Become Video Destination
The social media giant is set to launch a new app in the coming months that will be available on Apple TV and Amazon’s Fire TV. Facebook announced on Tuesday that it was significantly increasing the number of ways users will be able to watch its videos, including via a new app accessible on set-top boxes such as Apple TV and Amazon Fire TV, as well as Samsung Smart TVs.
Facebook Exec Treads Lightly on Fake News
Facebook’s Dan Rose says the world’s largest social media platform is taking many steps to combat fake news but won’t prevent suspect sources from posting. While the world’s largest social media platform is flagging some stories as fake, it is pulling back from proactively fingering suspect stories or cutting off the feeds of websites that notoriously publish nefarious information meant to sway the public.
Apple breaks intraday record high for first time since 2015
Apple Inc’s share price hit an intraday record high on Tuesday for the first time in almost two years as investors raised bets that a 10th anniversary iPhone will boost lackluster sales. The stock touched an intraday all-time high of $135.09, beating its previous intraday high of $134.54 set on April 28, 2015.
Do Women Need Ivanka Trump to Break the Glass Ceiling?
Yesterday’s roundtable between President Trump, Canadian Prime Minister Trudeau and nine top female executives was arranged by Ivanka Trump. The first daughter is rapidly emerging as a champion for women at work, particularly those of the entrepreneurial and leadership variety.
T-Mobile USA Shares Rise as Company Blows Through Q4 Consensus for Earnings, Revenues
Mobile USA beat expectations for earnings and revenues in the fourth quarter, as competition between the wireless carriers grows increasingly intense. Shares rose 1.6% to $ The carrier reported earnings of 45 cents per share, well above Wall Street forecast 28 cents per share, and revenues of $10.2 billion also beat expectations of $9.86 billion.
‘Let’s stipulate that Amazon’s working on something against everyone, everywhere, right now.’
Sell Cisco and Microsoft , Amazon’s got chime. It wants to own the video conferencing world.
Intel Corporation Might Finally Fix This Huge Flaw With Expensive Gaming Chips
Intel offers PC gamers chips with four incredibly fast processor cores , and it also offers them chips with between six and 10 processor cores , but each of these cores is much slower than the four-core chips. Although Intel does not provide sales data by individual chip model, I have a strong suspicion that even gamers with very deep pockets often opt for the super-fast quad-core chip rather than go for one of the more expensive chips.
New Relic: Cramer’s Top Takeaways
In an “Executive Decision” segment, Cramer spoke with Lew Cirne, founder and CEO of New Relic , the cloud analytics company helping customers gain insight on their digital operations. Cirne explained that New Relic helps companies reach their customers and migrate to the cloud by providing dashboards for their cloud operations no matter what platform they’re on.
Apple Shares Hit Record Close on Optimism for Next IPhone
Apple Inc. shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1 percent to $133.29 at the close in New York, the highest on record.
Dow, S&P 500 and Nasdaq Score New Records for Third Straight Day
The good vibes that carried Wall Street to new records last week lingered on into Monday’s session, pushing indexes to close at new highs for their third day in a row. The Dow Jones Industrial Average gained 0.70% to close at a record 20,412.
Better Buy: Intuitive Surgical, Inc. vs. Accuray Incorporated
It’s no secret that with today’s aging Baby Boomer population, the future looks bright for investors in the healthcare industry. But not every healthcare company is created equal.
Why Intel Corporation’s Cannon Lake-EP and EX Server Chips May Be Dead
Skylake-EP and EX represent all new architectures built using the company’s 14-nanometer+ technology, while Cannon Lake-EP and EX were supposed to represent mild architectural enhancements of the Skylake-EP and EX chips, but with the benefit of being built on the company’s upcoming 10-nanometer chip manufacturing technology. Although I can’t make this prediction with 100% certainty, I strongly suspect that based on Intel’s most recent disclosures, Cannon Lake-EP and EX are dead.
Is Gilead Sciences Getting Ready for a Massive Acquisition?
Sinking earnings. Horrible outlook for this year. Perhaps the big biotech needs to develop an antidepressant — just to give to its shareholders.
Intel Corporation Expects to Grow Client Computing Group Profit Margin
CCG is Intel’s largest business by revenue, generating nearly $33 billion in sales during 2016. Most of that revenue comes from sales of processors and related components into personal-computer systems, although the company has seen reasonable success from the sale of chips that power cable gateways and, more recently, cellular modem chips into Apple ‘s At Intel’s Feb. 9 analyst day, company management went over its financial expectations for this segment for 2017 — and beyond.
Apple’s iPhone Loses the China Sales Crown: 3 Reasons It Doesn’t Matter
Late last month, Counterpoint Research stated that the best-selling smartphone of 2016 in China was not an iPhone . The last time an iPhone didn’t hold the top spot was 2012.
Better Buy: Qualcomm Inc. vs. NVIDIA Corporation
A case study in contrasts today, Qualcomm faces mounting pressure from a number of sources, but its stock is also tantalizingly cheap. Conversely, NVIDIA’s soaring valuation reflects so rosy a vision of the future that it might be too expensive for investors today.
Intel Corporation Lowers Long-Term Data Center Growth Forecast
After missing this target many times over the last several years — as Bernstein Research’s Stacy Rasgon pointed out in a recent note to clients, Intel only met or exceeded the 15% goal once in the last six years — Intel finally took down its long-term growth target at its Feb. 9 investor meeting. Let’s go over the company’s new financial targets, and look at the company’s rationale for bringing them down.
3 Stocks Begging for a Buyout
Sometimes mergers are necessary for survival, and at other times, they simply just make good old-fashioned sense. In either case, investors lucky enough to own stocks that do get bought out can turn a nice profit.
Apple’s iPhone 8 Could Represent a Major Break With the Past
In addition to being packed with new features, the company’s latest flagship iPhone might sport an unprecedented price and feature an earlier production ramp. Apple’s much-rumored iPhone 8 has long been expected to deliver major design changes and feature set improvements relative to the iPhone 7/7-Plus.
Apple, Inc. CEO Tim Cook Talks Up Augmented Reality’s Potential
Despite the company’s penchant for secrecy, it’s become increasingly clear that Apple has something in the pipeline given that CEO Tim Cook keeps talking about AR’s transformative potential. This is that whole “ship leaking from the top” bit that Steve Jobs always referred to.
Here’s how slowly Twitter has grown compared to Facebook,…
While President Trump has helped make Twitter a regular part of the national conversation, the business behind the microblogging service is not looking up. That feeling was only reinforced by the meager revenues the company reported on Thursday.
Why Yelp, Organovo Holdings, and Ubiquiti Networks Slumped Today
The stock market again reached record highs on Friday, building on its positive momentum from earlier in the week. Investors were generally upbeat about the health of the U.S. economy and were optimistic that changes in federal government policy could spur another leg up in the expansion.
Intel’s Growth Strategy Is Decent, But Could Create Openings for AMD and Qualcomm
The chip giant hopes to offset PC and enterprise server weakness with cloud, IoT and flash memory growth. But the strategy could create opportunities for AMD and Qualcomm.
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Intel’s second-largest business unit by revenue, and arguably its most important business for the long term, is its data center group . The business is attractive for a couple of key reasons.
Samsung Galaxy TabPro S2 specifications, features leaked ahead of MWC 2017
As Samsung prepares for the upcoming MWC 2017 event in Barcelona, there have been a slew of rumors about the products that will be launched. Speaking about the expected devices, Samsung has been long rumored to launch the Galaxy TabPro S2 at MWC 2017 event on February 26. Successor to the Windows-10 powered Galaxy TabPro S which was launched at CES 2016, the Galaxy TabPro S2 has recently passed through the Federal Communications Commission in the US.
Stock Futures Point to Further Gains as Investors Hope for Tax Reform
Stock futures trade higher Friday as investors hope for U.S. tax reform following comments from Donald Trump on Thursday. S&P 500 futures rose 0.04%, Dow Jones Industrial Average futures increased 0.09%, and Nasdaq futures gained 0.08%.
NVIDIA Corp. Exceeds Fourth-Quarter Guidance Targets
This was another broad-based success story, with double-digit sales growth in six out of eight reportable business segments and platforms. Sales and gross margins came in above the midpoint of official guidance given three months ago, while operating costs and tax rates fell below management’s targets.
Snap Just Became One of Google’s Most Important Cloud Customers
One of the many interesting details revealed in Snap ‘s S-1 filing with the SEC is that it agreed to a $2 billion contract with Google Cloud in January. The agreement with the Alphabet Snap has used Google Cloud since its creation, but had been spending considerably less than the $400 million per year it’s slated to spend through 2021.
Facebook vs. Apple: Whose Reality Will Win?
One of the most promising trends on the horizon that has arguably the most transformative potential is virtual/augmented reality . How these technologies emerge and subsequently affect our lives remains to be seen, but companies are already placing their bets accordingly.
Amazon and Apple’s Payments Growth Shows PayPal Is Facing Stiffer Competition
Though its shares — and back when it was a part of eBay , eBay’s shares — have dipped a number of times on news that a tech giant is trying to muscle in on its turf, the company has kept delivering 20%-plus payment volume growth like clockwork. But while any talk of a would-be “PayPal-killer” merits skepticism, the company does arguably face a tougher competitive environment than any time in recent history.
Better Buy: Apple Inc. vs. IBM
Apple, after reporting three consecutive quarters of sales declines, finally broke out of its funk last month when it reported solid, albeit muddled , holiday quarter results. IBM, after years of earnings declines, expects to return to growth on a per-share basis this year.
Intel Pledges $7 Billion Arizona Investment in Trump Meeting
Intel Corp. Chief Executive Officer Brian Krzanich said the semiconductor maker will invest $7 billion to complete a chip factory in Chandler, Arizona, becoming the latest company to use a meeting with President Donald Trump to tout spending and job-creation plans that were already in place. Krzanich, speaking Wednesday in the Oval Office, called the investment an expansion of Intel’s presence in Chandler that will finish a plant — already under construction — capable of advanced 7-nanometer chip production.
Apple TV Could Still Be a Major Opportunity, if Apple Can Execute
The tech giant’s hiring of a new exec from Amazon comes as pay-TV streaming apps and a burgeoning smart home market spell new opportunities. The TV has long been Apple’s white whale, a giant digital content and communications platform that has captured its imagination for at least a decade, but one which it has only established a modest presence for through a line of streaming set-top boxes.
Microsoft Adds Patent Suit Protections For Cloud Customers
Microsoft Corp. will help cloud customers fend off patent lawsuits and expand coverage of related litigation costs, seeking to distinguish its services from rivals in the fast-growing market for internet-based computing. As more companies host their applications and services on Microsoft’s Azure and other cloud providers, they are increasingly becoming the target of lawsuits from companies seeking to make money by claiming patent infringement.
Facebook Adds Tools for Finding Help to Safety Check Feature
Facebook Inc.’s users often connect on the social network to seek relief and provide support during times of crisis. Now, the company is updating its Safety Check feature to make it easier for people to find or give help such as food, shelter or transportation during local disasters.
3 ETFs to Consider if You Like Nvidia’s Fourth-Quarter Earnings
Artificial intelligence, gaming and autonomous driving are likely to continue support Nvidia’s strong fundamentals. These three ETFs may benefit if investors like what they hear.
Nuance Boosts Bookings on Healthcare, Automotive Demand
Increasingly, Nuance has sought to make many different tasks easier, whether it’s transcribing doctors’ notes into electronic medical records or having automobile entertainment systems understand commands from drivers. Coming into Tuesday’s fiscal first-quarter financial report, Nuance investors were prepared for slight declines in revenue and earnings per share, but the company managed to score a slight sales gain on big gains in new bookings.
Gilead’s Biggest Blockbusters Are Fading Fast, Biotech Warns
Gilead Sciences Inc.’s massive hepatitis C franchise is fading, the company warned Tuesday, projecting that sales this year could be just two-thirds of what investors had been expecting. Revenue from the company’s drugs for the viral infection will be $7.5 billion to $9 billion in 2017, Gilead said in a statement.
4 Key Quotes From Amd Ceo Lisa Su
Ryzen, the company’s new CPU, aims to go toe-to-toe with Intel AMD reported its fourth-quarter results in January, concluding its fifth consecutive year of losses. The situation could improve dramatically this year if Ryzen and Vega drive market share gains, something the market is already pricing in.