Wall Street waits to see what kind of results Tesla Motors Inc. (NASDAQ:TSLA) will post after the close of today’s trading session. The third-quarter has seen lot of buzz with activities for the giant electric company, seen by the stock moving up and down on huge volumes. TheStreet’s, Jonathan Marino believes that Tesla investors will not be shaken by a poor performance based on the fact that the stock is up by 60% this year. “Once the market closes we are going to get much-anticipated earnings from Tesla Motors Inc. (NASDAQ:TSLA). The electric car maker looking for losses of penny…
Author: Neha Gupta
Obi Mobiles is the new kid on the block trying to compete for market share against Apple Inc. (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT) in the smartphone arena. Obi Mobiles has launched a number of smartphones that specifically target emerging markets. During an interview on Bloomberg, former Apple CEO, John Sculley reiterated that Obi Mobiles has an expansive distribution network that will be used to distribute the new smartphones in key emerging markets. There has been a huge transformation of the smartphone landscape with companies developing products that target key markets, as well as customers. Sculley believes Apple Inc. (NASDAQ:AAPL) is…
Media companies are finally feeling the heat on the amount of traffic that video-streaming services are controlling at their expense. Rupert Murdoch chairman of Twenty First Century Fox believes media companies should focus on developing their own video streaming services as one of the ways of competing against the likes of Netflix, Inc. (NASDAQ:NFLX). Developing streaming service should be the easy part for the media companies, but they would have to ditch Digital Rights Management (DRM) if they are to be successful in the space. Media companies have found it hard to compete against specialized technology firms like Netflix, Inc.…
Facebook Inc. (NASDAQ:FB) is to announce its earnings this week with analysts remaining confident that it could topple estimates considering Google Inc. (NASDAQ:GOOG) failed to spike with its earnings. Facebook Inc. (NASDAQ:FB) could move by 6% either way on the release of its earnings according to CNBC’s Dan Nathan. Google Inc. (NASDAQ:GOOG) reported disappointing earnings last week, a poor performance that Nathan attributes to Facebook’s dominance of the mobile ads segment. “I think if you are long this is a very widely held stock here I think you want to think about how the options market is thinking about this…
Yahoo! Inc. (NASDAQ:YHOO) is already benefiting from activist hedge fund manager Jeff Smith’s campaign. Reports that Yahoo! Inc. (NASDAQ:YHOO) might be planning to pursue tax shields for its Asian assets has prompted FBR Capital Markets to upgrade the stock to an ‘outperform’ with a share price target of $50. One of the main assets that Yahoo is destined to shield are its stakes in Alibaba Group Holding Ltd (NYSE:BABA) that are believed to be valuable than the other assets. FBR Capital remains optimistic that Yahoo will implement a structure that could impact the company both on the tax and economic…
The number of people paying for Cable/TV services continues to decline in the U.S. as streaming services from the likes of Netflix, Inc. (NASDAQ:NFLX) continue to be a new trend. With shows like House cards on offer for as little as $8 a month, the demise of cable-packages is set to continue as they are now considered high-end at $40 a month. More Men than women according to Bloomberg’s Olivia Sterns are sticking to the cord mostly because of ESPN on cable networks. Netflix, Inc. (NASDAQ:NFLX) is attracting traffic on its wide array of content as more people continue to…
Yahoo! Inc. (NASDAQ:YHOO) is reportedly attracting attention from Alibaba Group Holding Ltd (NYSE:BABA) as a potential takeout stock according to former Apple Inc. (NASDAQ:AAPL) CEO, John Sculley. During an interview on Fox Business, Sculley said that Alibaba would buy Yahoo as an entry point for the U.S markets. A takeover in this case would come as a surprise considering Yahoo wanted to buy Alibaba before it became a magnet of e-commerce in China. Sculley believes Yahoo! Inc. (NASDAQ:YHOO) would be left with no option should Alibaba Group Holding Ltd (NYSE:BABA) make advances considering it has been an underperformer in the…
Apple Inc. (NASDAQ:AAPL) had reported better than expected performance in the fourth quarter for the financial year 2014. EPS was $1.42 which was 11 cents above the market estimate of $1.31. The company also reported phenomenal growth in its iPhone and Mac sales although iPad sales continued to fall. Robert W. Baird Analyst Will Power discussed the reasons behind Apple’s numbers on CNBC’s Earnings Central. Mr. Baird observed that Apple Inc. (NASDAQ:AAPL) iPad sales have been on the decline over the past quarters and is expected to continue in the same trend or slightly flatten out in the coming quarters.…
Microsoft Corporation (NASDAQ:MSFT) CEO, Satya Nadella, has accepted that the answer he gave concerning how women should be paid and promoted might not have been the best, in an exclusive interview on CNBC. The CEO has been under scrutiny in the recent weeks after stating that women should not ask for increased pay but instead trust the system to reward them for their hard work. “I was completely wrong in the answer I gave to the question that was asked around how should women promote themselves and make advances to their own careers. I basically took my own approach to…
If Tesla Motors Inc. (NASDAQ:TSLA)’s CEO, Elon Musk, recent sentiments are anything to go by, then the giant electric company may soon change the way it sells its vehicles to customers. Tesla is currently entangled in a heated debate with franchise dealers in a number of states, on how the company plans to sell its vehicles. Musk has already hinted that the company may spice its sales with a mixture of direct sales and franchising deals. During an interview on Autoline Daily with John McElroy, Musk emphasized that the electric company may resort to using a hybrid system that is…
Facebook Inc. (NASDAQ:FB) is in a collision course with the Drug Enforcement and Administration Agency in what it claims to be an infringement of its terms of usage that applies to all users. The drug agency is accused of running a number of fake accounts as part of investigations into cases involving drug traffickers. The agency was recently sued by a New York woman after it emerged it had used her personal information to run a Facebook Inc. (NASDAQ:FB) account with a view of tracking other drug traffickers. A DEA agent is accused of creating and running a fake account…
Facebook Inc. (NASDAQ:FB) bid of $16.9 billion for WhatsApp earlier in the year was criticized for being extremely high, for a startup that had not proven itself to the liking of investors. Just when the dust was settling down came the bombshell that that the total acquisition price could have soared to $21.8 billion in a matter of 8-months. Facebook Inc. (NASDAQ:FB) opted to pay a greater chunk of the agreed price with stock instead of cash. At the time Facebook Inc. (NASDAQ:FB) was in talks with WhatsApp, its stock was trading at the $68 mark but has since ballooned…