Tesla Motors Inc (NASDAQ:TSLA) new Model X is heating up the expectations and according to Morgan Stanley (NYSE:MS) this model will beat the Model S in sales and it will also reign in the Premium SUV segment, as the Los Angeles Times reported. According to the report by Morgan Stanley (NYSE:MS), cited by LA Times, the Model X, which is expected to be launched in production in the second quarter of the next year will be a better car and would shoot up the sales of Tesla Motors Inc (NASDAQ:TSLA). The report also states that the new model crossover SUV…
Author: Viki K.
Transocean LTD (NYSE:RIG) Peaked yesterday and the second quarter results helped a lot. However the oil and gas industry as a whole is not in a very good position and this stock has managed to gain in such position as well. Steven Newman, the CEO of Transocean LTD (NYSE:RIG), was on Fox Business and discussed about the new opportunities the company was looking to focus on. He said that the last quarter was a very strong one for Transocean from an operational perspective and he added that he was happy with the efforts of the employees. “[…] From an operational…
Google Inc (NASDAQ:GOOGL) has taken over Emu, as reported by TechCrunch, a mobile messaging application that stands out in the long list of messaging applications in the category. The application has just finished Beta testing earlier this year and has an inbuilt virtual assistant using which a user can schedule meetings, set reminders and even place reservations at a local hotel or restaurant directly via voice control. Emu is not something that gained fame overnight and in fact, Gummi Hafsteinsson, the CEO of Emu, has worked with Google Inc (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL) before. He worked on Apple Inc.…
Netflix, Inc. (NASDAQ:NFLX) and Verizon Communications Inc. (NYSE:VZ) have been battling and alleging each other for the buffering issue that few of the Verizon subscribers face. Both companies are blaming each other rather than looking for a solution for the issue. The situation escalated when Colin Nederkoorn, CEO of Customer.io, wrote a blog post after getting annoyed with buffering issues he faced with Verizon Communications Inc. (NYSE:VZ) FiOS, while watching Netflix, Inc. (NASDAQ:NFLX) videos. What he actually did, was that he used a VPN service to see if the speed improves. The speed did improve by almost 10 times from 0.375 Mbps (While on FiOS) to…
LinkedIn Corp (NYSE:LNKD) is a company that has seen a downfall and a rise during this year. The company has been on a downside in the first half of the year and then moved up in the second half. The company will have to pay approximately $6 million to about 350 current and ex-employees of the company to settle with the U.S. Department of Labor’s investigation found the company breaching the wage law of USA. According to an announcement made by the Labor Department this Monday, cited by re/code, LinkedIn Corp (NYSE:LNKD) will have to pay $3.3 million to its former…
Facebook Inc (NASDAQ:FB)’s second quarter results didn’t just have a positive outcome on its stock; it also gave investors the confidence that the company has a potential to grow further, especially in the advertising sector. Julia Boorstin of CNBC, has reported on Sheryl Sandberg’s statements about Facebook Inc (NASDAQ:FB)’s advertising strategy and the scope for growth, particularly ads on Instagram and video ads. She was discussing about the all-round performance of the social networking giant and how it performed very well in the mobile advertising segment. “Sandberg told me that Facebook’s really seen strong results across the board; both mobile…
Facebook Inc (NASDAQ:FB)’s stock went from mid-$69 mark to around $71 mark after they announced the earnings for Q2. That was bound to happen because they just beat their estimates comfortably. Mobile ads revenue just keeps rising every quarter for the company. Justin Lafferty, editor at Inside Facebook, was on CNBC where he discussed about the revenue from advertising that powered the growth of Facebook Inc (NASDAQ:FB). He said that the revenue from advertising increased due to competition between companies to gain popularity on Facebook. He also said that the company is trying to get people used to the newer…
The battle between Apple Inc. (NASDAQ:AAPL) and Samsung is known to everyone and the iPhone maker is now coming up with bigger screen phones to compete with its rival. Neil Cavuto of Fox Business was joined by Accent Asset Management CEO, Scott Martin, national Republican fundraiser, Noelle Nikpour and Independent Women’s Forum’s Hadley Heath Manning, to discuss about the competition between Apple Inc. (NASDAQ:AAPL) and Samsung. They were discussing about an ad of the Korean Smartphone maker taking a dig at Apple Inc. (NASDAQ:AAPL), which has been keeping its consumers waiting for the new iPhone. Cavuto said that Samsung is…
Comcast Corporation (NASDAQ:CMCSA)’s stock has surged on the markets after the earnings announcement. CNBC’s Squawk Box” crew gave a breakup analysis of the results and how the the company performed in various segments. The estimated EPS excluding special items for Q2 was $0.72 while Comcast Corporation (NASDAQ:CMCSA) returned earnings of $0.76 and it beat the estimates by 4 cents. This after the transaction cost involved in Time Warner Cable Inc (NYSE:TWC) which is also on an upside today. The revenue as reported by the company for Q2 is $16.844 billion against the market estimate of $16.952 billion. Comcast Corporation (NASDAQ:CMCSA)…
Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) are already inside a majority of phones across the globe and these companies now want to get inside your car too. Sam Grobart of Bloomberg discussed what this move would mean to an end consumer. The companies have announced already to integrate their mobile operating systems into the dashboard of your car simply by plugging the phone into the vehicle. Apple Inc. (NASDAQ:AAPL)’s version is called “CarPlay” while Google Inc (NASDAQ:GOOGL)’s called “Android Auto”. Both are almost similar and have similar functionalities to an extent. Grobart said that once the phone is connected…
Netflix, Inc. (NASDAQ:NFLX) has announced its earnings yesterday and the stock was on the up even before the announcement. The company has been involved in a Streaming feud with Verizon Communications Inc. (NYSE:VZ), however this announcement has made the stock surge. Julia Boorstin of CNBC reported on the earnings and she said that the earnings look almost in line with the expectations. Netflix, Inc. (NASDAQ:NFLX) posted a revenue of $1.34 billion which is exactly the same as expected. The EPS was a little below expectations and the company gave earnings of $1.15 against the market estimate of $1.16. She said…
Facebook Inc (NASDAQ:FB) is going to announce earnings on 23rd of June and there would be a lot of focus on how the company would monetize the video ads and the growth in mobile ads. Mark Mahaney, Managing Director at RBC Capital was on “Bloomberg West” and he was discussing about Facebook Inc (NASDAQ:FB)’s earnings and the factors investors would be looking into going forward. The revenue from mobile ads contributed almost 60% in Q1 this year as compared to 0% when the company actually went public. “People are going to focus on Mobile, people are going to focus on…