The company’s rock-solid balance sheet, its stranglehold over a lion’s share of the digital advertising market, the possibility of rapid growth in the smartphone space, and the ever-widening Google ecosystem, makes Alphabet an unbeatable proposition . Without a doubt, Alphabet’s real cash-cow is its all-encompassing Internet search engine, Google.
Related Article: Why You Won’t Be as Lucky as Billionaire Warren Buffett When Investing in Apple
Billionaire Warren Buffett’s Berkshire Hathaway quadrupled its stake in Apple during the fourth quarter. Last year, Apple shares slumped 30% from its prior record back in 2015, but are now up 17% year-to-date, as the stock reached a record high earlier this week.
Related Article: What Buffett, Icahn and Other Billionaire Investors Are Buying in the Trump Era
Warren Buffett, Carl Icahn, David Einhorn, Dan Loeb and Bill Ackman have been making some major investment moves in recent months, as revealed in regulatory filings with the Securities and Exchange Commission this week. They’ve invested millions, if not billions, of dollars in companies like Apple , Herbalife , Chipotle and Goldman Sachs .
Callaway Golf Has Created Its Most Epic Driver Yet
Nowadays, you almost need a degree in mechanical engineering to understand the new technology baked into golf equipment. And that sort of stinks as we all simply want to know if a hot new club will make us a better player, somewhat instantly.
A Trump voter’s message to retailers: – Keep your mouths shut about our president’
Rachel Veazey of Cleveland, Tenn., is showing her support for President Trump by returning clothes to, and refusing to shop at TJ Maxx – though it’s hard to resist the allure of its deals. “I’m just going to do a little bit of business,” the 77-year-old says as she walks into Neiman Marcus at the Tysons Galleria in Northern Virginia and asks for the manager.
Royal Bank of Canada Reviews Asia Wealth Business After Changes
Royal Bank of Canada has undertaken a strategic review of its Asian wealth operations following management changes in the region, Chief Executive Officer David McKay said. McKay declined to say whether the Toronto-based bank is seeking a buyer for the business, though previous retreats in international wealth management have come after reviews were initiated.
Myanmar police blame grudge, not army, for lawyer’s murder
Myanmar Deputy Home Affairs Minister Gen. Kyaw Swe talks to journalists during a press conference in Yangon, Myanmar Saturday, Feb.25, 2017.
Apple’s Oscar Moment Is Coming
Amazon made history this year as the first internet company to score an Oscar nomination for Best Picture, but it could soon be overtaken by Apple. Amazon is the upstart to break into the Best Picture category at this year’s Oscars, but Apple ‘s year is coming, Loup Ventures wrote in a note released on Friday.
Malaysia Warns North Korea to Cooperate With Investigation
Malaysia said Saturday that it would issue an arrest warrant for a North Korean diplomat if he refuses to cooperate with the investigation into the deadly attack on North Korean ruler Kim Jong Un’s exiled half brother. The investigation has unleashed a serious diplomatic fight between Malaysia and North Korea, a prime suspect in the Feb. 13 killing of Kim Jong Nam at Kuala Lumpur’s airport.
Why Intel and Samsung’s Latest 4G Modem Launches Should Make Qualcomm a Little Nervous
This column originally appeared on Feb. 24 on Real Money, our premium site for active traders. Click here to get great columns like this.
The Idiot’s Guide To Networking, No Work Experience Required
What can you possibly talk about when you’re only in an entry-level job-or looking for one? Wrong question. Long before you enter the workforce, you’re told over and over again that you need to network.
Will a twelve-sided one pound coin beat the fakers?
The Royal Mint is already striking them – it has stockpiled 500 million of them – and has been showing them off to the BBC’s Simon Gompertz
Time Warner to Sell TV Station Amid AT&T Merger
“Time Warner Inc. agreed to sell its Atlanta television station to Meredith Corp. for $70 million,” confirms the Wall Street Journal , “removing a significant factor that could have prompted the Federal Communications Commission to review Time Warner’s $85 billion sale to AT&T Inc.” New FCC Chairman Ajit Pai has yet to say whether he plans to have the agency review AT&T’s mega-purchase. As of press time, he has also declined to remark on what impact the Atlanta station sale might have on any possible FCC review.
Net Neutrality: Tech’s Next Big Fight?
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The Trump team may have gone even further to knock down news…
White House officials allegedly sought to recruit congressional lawmakers and the US intelligence community to help throw cold water on stories about communications between Russia and people in President Donald Trump’s inner circle. According to a Washington Post report published Friday evening, some of those lawmakers were asked by the White House to talk to reporters and refute stories from The New York Times and CNN that alleged frequent communication between Trump allies and the Kremlin before the election.
‘There is a word for that line of thinking: “un-American”‘ – …
‘There is a word for that line of thinking: “un-American”‘ – Jake Tapper slams White House for barring press from briefing CNN anchor Jake Tapper offered a two-minute take on the Trump administration on Friday after some news organizations were kept out of a press briefing. This is a “White House that has had some difficulty telling the truth and has seemed to have trouble getting up to speed on the basic competent functioning of government,” Tapper said.
China Box Office: ‘Resident Evil: The Final Chapter’ Debuts to Massive $33M
Beijing-based Leomus Films, the local marketing partner on the release, are now forecasting $85 million for the full weekend. Sony’s Resident Evil: The Final Chapter has opened to an enormous $33 million on its first day in China.
Helicopter crashes near New Jersey apartment complex
Police and fire officials remain at the scene of helicopter that crash-landed in the parking lot of Chatham Village Apartments in Chatham, N.J., Friday, Feb. 24, 2017. The FAA says the helicopter, a Robinson R44, is registered to a Delaware address.
Just what is LTE-U? And can it coexist peacefully with WiFi?
This spring, cellphone carriers such as T-Mobile plan to start supporting a new kind of mobile data. Known as LTE-U, the technology may result in a faster, smoother mobile experience.
FCC chair to block stricter broadband data privacy rules
The U.S. Federal Communications Commission will block some Obama administration rules that subject broadband providers to stricter scrutiny than websites, a spokesman said on Friday, in a victory for internet providers such as AT&T Inc, Comcast Corp and Verizon Communications Inc. Federal Communications Commission Commissioner Ajit Pai and FCC Chairman Tom Wheeler testify at a House Appropriations Financial Services and General Government Subcommittee hearing on the FCC’s FY2016 budget, on Capitol Hill in Washington March 24, 2015.
DISH Network Corporation (DISH) Receives Equal Weight Rating from Barclays PLC
Barclays PLC currently has a $62.00 price target on the stock, up from their prior price target of $59.00. DISH has been the topic of a number of other research reports.
Wall Street Week Ahead: Record-Setting Stock Rally Faces Test in Trump Speech
U.S. President Donald Trump’s planned economic agenda has fanned the flames forWall Street’s record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague. The benchmark S&P 500 has surged 10 percent since Trump’s Nov. 8 election, with optimism running high over the Republican administration’s domestic proposals, including plans to reform taxes paid by businesses.
5 Things Republicans Want To Change About Obamacare But Might Not Be Able To
One of President Donald Trumps major campaign talking points was that he and the Republican-controlled Congress would repeal and replace the Affordable Care Act . Despite a major Republican election victory, that task may still be easier said than done.
‘It transformed me’: Donna Brazile reflects on ‘constant…
Outgoing Democratic National Committee chair Donna Brazile, in some of her first public comments since the presidential election, opened up Friday about how Russian hacking of the DNC last year colored not only the outcome of the election but also her personal experience in politics. In an interview with Business Insider at the DNC winter meeting on Friday, the chair reflected on the effects of the release of hacked emails from the committee and Hillary Clinton’s campaign chairman that were published by WikiLeaks last year.
Here’s how thoroughly the smartphone has annihilated other…
Mobile World Congress, the smartphone world’s biggest conference of the year, kicks off in a few days. Though Samsung’s Galaxy S8 isn’t likely to make an appearance, several new, not-crazily-different phones are still expected to be on display.
Al Gore just sold $29 million of Apple stock
Former US Vice President Al Gore sold 215,437 shares of Apple this week at an average price of $136.72 per share – a transaction netting him about $29.4 million. The sales appear to represent a significant portion of Gore’s stake in the iPhone maker.
Activists gave out Russian-style Trump flags at CPAC: ‘You…
As President Donald Trump began to deliver his speech at the Conservative Political Action Conference in Maryland on Friday, he was met with plenty of miniature Russian-style flags. The flags were embroidered with a gold “TRUMP” logo, in a font similar to what is typically used on products and architecture that bear his name.
Calling a Market Top; The Price Is Wrong: Jim Cramer’s Best Blog
Jim Cramer ponders what motivates someone to call a market top, and talks about how the market could be playing ‘The Price Is Wrong.’ Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what’s happening in the market and his legendary ahead-of-the-crowd ideas.
LEGO Film Creator Says Digital Disruption Pushing Hollywood to Take ‘Bigger Risks’
While movie die-hards debate whether “La La Land” or “Fences” will take home the Best Picture honor at Sunday’s Academy Awards, Hollywood is facing a tough reality – how to keep people coming to the theater. Box office revenue and ticket sales have plateaued over the past few years, and even faced a slight decline from last year, according to The-Numbers, a site that analyzes movie data and trends.
Should investors avoid retail ahead of potential border tax?
Feb. 24, 2017 – 6:18 – M.D. Sass CEO Martin Sass on potential fallout from a border tax and the stocks that should be on investors’ radars.
The one stock you should consider in this market
Feb. 24, 2017 – 6:44 – Morgan Stanley Wealth Management Executive Director Daniel Skelly on the potential impact of President Trump’s economic policies on the markets.
WCCO radio to be under new ownership as CBS Radio merges with Entercom
The tax-free merger marks the second time WCCO has shifted ownership since its start more than 90 years ago. CBS Radio bought the station from General Mills predecessor Washburn-Crosby Co.
UTA Rally: Asghar Farhadi Stresses Unity During a “Time When Some…
Asghar Farhadi applauded the unity shown by the cinema community in his address at UTA’s “United Voices” rally on Friday afternoon. The Iranian director, whose movie The Salesman is nominated for best foreign-language film, spoke via video message from Tehran to the rally crowd of more than 1500 who gathered outside the agency’s Beverly Hills offices.
CBRE Group: Cramer’s Top Takeaways
In an “Executive Decision” segment, Cramer also checked back in with Bob Sulentic, president and CEO of the real estate investment trust CBRE Group , which has seen its stock rise 19% since Cramer last spoke with Sulentic just three months ago . Sulentic said the fundamentals of the real estate market are a lot better than people think, which has led CBRE to have not only a nice quarter but a strong year overall.
Live Nation: Cramer’s Top Takeaways
For his “Executive Decision” segment, Cramer checked in with Michael Rapino, president and CEO of Live Nation Entertainment , a stock that’s up 44% since Cramer last spoke with him a little more than a year ago – but also one that fell 3% in today’s session on what appeared to be solid quarterly results. Rapino said he’s very proud of this quarter’s results and of Live Nation’s record year in 2016.
Intel and Samsung’s Latest 4G Modem Launches Should Make Qualcomm a Little Nervous
Since Qualcomm has a near-monopoly position in the 4G LTE and 3G EV-DO modem markets, Apple and others have argued, phone makers have had little choice but to agree. and to a lesser extent Samsung are welcome news for Qualcomm, since their feature sets give Qualcomm more ammo for its claim that its chip customers have plenty of alternatives.
FCC head puts the brakes on new ISP privacy rules
In the latest chip at net neutrality , Federal Communications Commission has Chairman Ajit Pai has moved to put a halt to a set of privacy rules designed to shield customers’ personal data from internet service providers. The rules were approved by the FCC under former Chairman Tom Wheeler back in October and would have required an ISP to ask for a user’s explicit permission before collecting data on browsing habits, app usage and location or financial information.
It looks like the FCC wants to roll back rules that’d force…
Federal Communications Commission boss Ajit Pai is pushing to halt part of an Obama-era set of privacy rules that would require internet service providers to get explicit consent before they share consumers’ browsing data and other personal information with advertisers. Some background: Those rules were approved this past October under previous FCC chairman Tom Wheeler, who stepped down once President Trump took office .
Details Still Missing on Republicans’ ‘Once in a Generation’ Tax Plan
The GOP has lit a match on tax reform, but nobody seems to know the length or texture of the fuse. “Are you ready to tear this tax code up by its roots?” Ways and Means Committee Chairman Kevin Brady asked the audience as he took the stage at the Conservative Political Action Conference in Washington, D.C. on Friday.
Trump Administration’s Possible Cannabis Crackdown Could Backfire With Businesses, Voters
Recent administration comments at CPAC have led some to believe the administration will go to war with states over legalization. Recent administration comments at the Conservative Political Action Conference in Washington, D.C., have led some to believe the administration will go to war with states over legalization.