Networking gears maker Cisco Systems, Inc. (NASDAQ:CSCO) reports its fourth-quarter 2014 results after the bell today. The stock has made some gains this year, adding 12%, but it is down by 3.5% over the past one year. On CNBC, Josh Lipton and IDC’s Crawford Del Prete discussed the stock’s upcoming report and also looked at other U.S. tech companies that they said are facing business challenges in China. Some of the companies they mentioned include Microsoft Corporation (NASDAQ:MSFT), Google Inc (NASDAQ:GOOGL), Yahoo! Inc. (NASDAQ:YHOO) and Facebook Inc (NASDAQ:FB). Concerning Cisco Systems, Inc. (NASDAQ:CSCO)’s upcoming earnings, Lipton noted that China presents…
Author: Jessica Swanson
Apple Inc. (NASDAQ:AAPL)’s stock are already trending high this year, up almost 20% year-to-date and more than 44% over the past one year. However, the company continues to be a source of good news that could further push the stock upward. The company is expected to launch its iPhone 6 and iOS 8 in about a month’s time. In a segment on CNBC, the Squawk Alley” crew and investor Kevin O’ Leary discussed Apple’s push into healthcare with HealthKit software. “HealthKit is incredibly important and it’s separate from the health app that is going to be kind of a dashboard…
Amazon.com, Inc. (NASDAQ:AMZN) appears to have far more challenges to chew in its pricing disputes with publishers and authors. Bestselling author Carol Weston was on CNBC to discuss the issues around Amazon from the past couple of weeks. Amazon.com, Inc. (NASDAQ:AMZN) and publishing company Hachette are in a longstanding dispute that has stretched for months now with no ceasefire signs anywhere. Amazon, the online retailer whose revenue in the second quarter jumped 23% to $19.34 billion and even surpassed estimates, is accused of placing unnecessary sanctions against Hachette authors and more than 900 authors have already launched an attack on the company…
King Digital Entertainment PLC (NYSE:KING), an interactive entertainment company, reports its second-quarter 2014 earnings after the bell today. Shares of the company are down 4.47% this year. Mark Mahaney of RBC Capital Markets was on CNBC and discussed the stock ahead of the earnings. He also talked about other tech stocks that have the potential to deliver good results for the investors. Some of the tech stocks that featured in the discussion included Priceline Group Inc (NASDAQ:PCLN), which reported earnings that surpassed estimates yesterday, and on which RBC has a target price of $1,500. Others that earned mention by Mahaney…
Amazon.com, Inc. (NASDAQ:AMZN) tussle with publishers continues to near fever pitch after opting to create ‘readers-united group’ as a fight back, to counter an earlier formed group by more than 900 publishers. Amazon has been entangled in a tussle with French books distribution giant, Hachette, claiming it deserves a bigger cut on the total number of books it sells, according to Bloomberg’s Julie Hyman. “More than 900 authors have united in solidarity against Amazon.com, Inc. (NASDAQ:AMZN) and now Amazon has created its own group to counter those efforts called ‘readers united.’ This is all in response to an ongoing dispute that…
If Microsoft Corporation (NASDAQ:MSFT) was ever seen as losing its edge in the business, especially because of the troubles in the PC market, the company is returning with a bang and Google Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) may soon not be at ease in cloud service business despite their current leading position in the segment, as re/code wrote in an article citing a report from Pacific Crest Securities. According to market findings compiled by researchers at Pacific Crest Securities, Microsoft’s cloud service is gaining currency in the competitive enterprise cloud market. The CIOs contacted by Pacific Crest Securities showed…
Tesla Motors Inc. (NASDAQ:TSLA) progress in the auto industry has been impressive over the past two years at the back of its flagship luxury vehicle, Model-S that was named the car of the year in 2012 by Motor Trend. Its growth pattern in the market as of 2013 in a chart study by CNBC’s, Carter Worth, highlighted a trend that was much similar to Amazon.com, Inc. (NASDAQ:AMZN)’s during its early years. Amazon.com, Inc. (NASDAQ:AMZN) chart as of October 1997 to January 1999 was basing but later on exploded from the $20 mark to the $100 mark, in a span of…
When it comes to choosing the right stock to invest in, investors often look out for analysts’ recommendations to get a better perspective about the company. However, sometimes analysts can be wrong and a CNBC report, which dates back to November, 2012, actually proves that. In Novermber, 2012, Richard Greenfield, an analyst at BTIF, set a ‘Sell’ rating for Facebook Inc (NASDAQ:FB) with a price target of $16, exactly on the day, when the company’s shares were surging amid unlocking of free-trading shares. The reason for Greenfield’s judgement was related to the mobile segment of the company. “The issue why you want…
Windows Phones continue to gain momentum in the ever competitive smartphone space at the back of a recent study that found out it generated the third largest share of web traffic, among smartphone operating systems. Microsoft Corporation (NASDAQ:MSFT) has officially ceded BlackBerry Ltd (NASDAQ:BBRY) from the third position as the latter continues to record a decline in market share. iOS and Android are arguably the best operating softwares with impressive margins that Microsoft Corporation (NASDAQ:MSFT) cannot topple, taking into consideration the number of devices running on the two operating systems. Chitika Insights examined hundreds of millions of smartphone-based online ad…
Judge Andrew Napolitano spoke on Fox Business about the role that Google Inc (NASDAQ:GOOGL) played in the arrest of a Florida sex offender. He talked about the lengths that the world’s biggest Internet search engine can go to protect itself from indictment as a conspirator in unlawful activities. A Florida sex offender was arrested after Google Inc (NASDAQ:GOOGL) provided to the police emails that contained explicit photos of minors. Although the sex offense is a serious issue, and Google can earn praises for its role in the latest arrest, the case also raises serious concerns about how much of private information Google…
On CNBC, Wassil El Hebil, an analyst at Berenberg, discussed the recently announced bid for T-Mobile US Inc (NYSE:TMUS) from the French telecom firm Iliad. He provided his opinion about how he sees the deal and its chances of going through. Iliad stepped forward with an offer of $15 billion for T-Mobile US Inc (NYSE:TMUS), which values the U.S. fourth telecom operator at about $33 per share. The surprise offer came at a time when T-Mobile and rival Sprint Corporation (NYSE:S) are said to be negotiating about joining forces, yet regulatory issues also pose a serious headache to their combination. “[…] they have…
Google Inc. (NASDAQ:GOOG), Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL) are arguably some of the finest stocks in the tech industry with huge potential in terms of growth going forward. These stocks are also much cheaper than the S&P 500 according to Elevation Partners’ managing director, Roger McNamee. The companies have already posted impressive quarterly earnings highlighting their potential as some of the best investment stocks in the industry. “I think Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), Google Inc. (NASDAQ:GOOG) are the obvious places to go. You are going to capture most of what is good in Tech, and you…