GoPro Inc (NASDAQ:GPRO), the American corporation that develops, manufactures and markets high-definition personal cameras has recently went public and marked the best IPO market trend on Thursday. According to Fox News, GoPro Inc (NASDAQ:GPRO) raised $427 million through issuing 17.8 million shares at $24 a share. GoPro Inc (NASDAQ:GPRO) has already been doing great on the stock market since the past few weeks. GoPro’s initial public offering priced at the high end of expectations is a clear indicator that there is an elevated demand for the high class camera maker. The latest sale has made GoPro Inc (NASDAQ:GPRO) as the largest…
Author: Jessica Swanson
Market experts are pretty much positive about the stock trends of the media companies. In an interview on CNBC, David Nelson, Chief Strategist for Belpointe Asset Management, said that the stocks of the media giants are up these days because of the Supreme Court’s decision against Aereo, a New York based TV subscription service. Supreme Court called Aereo’s activities as “illegal” and said that company’s technology that lets subscribers stream and record broadcast TV without the proper permission of the broadcasters is the violation of law. David Nelson said that the latest Supreme Court decision in case of broadcasters has given…
Technology markets are taking nimble turns with every passing day amid an outburst of wearable computing and high end devices in the Enterprise sector. Apple Inc (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL), Microsoft Corporation (NASDAQ:MSFT), Amazon.com, Inc (NASDAQ:AMZN) and other tech giants are sweating their last bits to cease the ground as 2014 brings a new technology saga, offering an arsenal full of technology gears and software bundles. Josh Lipton of CNBC has provided a roundup for technology for the second half of the year. Well, all eyes are on the mobile devices as they remain the core of the modern worlds technology…
Summer BBQs are a loved by almost everyone. But for fun grilling, you need to have a clean grilling system that doesn’t bother you much. Technology has fine-tuned everything around us in a positive way. Shedding some light on “easy grilling”, senior editor for RetailMeNot Inc (NASDAQ:SALE), Trae Bodge wired the world about some amazing tech gadgets that can be used to clean, automate and improve the grilling process and grilling equipment. Talking to the CNBC’s Julia Boorstin, Bodge said that grilling is always fun but at times one can get frustrated because of the mess which can gather around.…
Apple Inc. (NASDAQ:AAPL)’s new CFO Luca Maestri has been with the company since 2013. Whenever he was awarded some restricted stock units, he almost immediately choose to cash in his newly acquired shares. In November, he had 2490 Apple Inc. (NASDAQ:AAPL) shares. Maestri sold all of them in one day at prices ranging between $524 and $527 for a total of $1.3 million. On March 7 some 2584 more Apple Inc. (NASDAQ:AAPL) restricted stock units were vested. This time he sold them over two days at around $531 per share for a total of $1.37 million. Finally on April 24th he…
With the recent upsurge in the value of Apple Inc. (NASDAQ:AAPL) shares, investors and journalists such as Kate Kelly, Kevin O’Leary and Bert Dohmen are at arms about how stocks are still soaring even in a neutral market. Both Kelly and Dohmen seem to be questioning this occurrence from a leadership standpoint but the rebuttal by Kevin O’Leary gives them food for thought on what value investors are really looking for. Since the death of Apple Inc. (NASDAQ:AAPL) founder, Steve Jobs in 2011, Tim Cook was appointed CEO and has been running operations. The company has released several devices from…
The world belongs to those who dare to do something different from the normal course. They have the courage to think out of the box and make it turn true on the practical grounds. It is the main concept followed by Google Ventures. It is the company that does not make any strategic investments for Google Inc (NASDAQ:GOOG), but is involved in the growth stage funding to the deserving companies. And why shouldn’t they do it? They have every good reason to support the new upcoming thoughts and ideas. The world belongs to entrepreneurs! Independent but still seek advice Google…
World Wrestling Entertainment, Inc.(NYSE:WWE) announced that WWE Network is now available on the Xbox One video game and entertainment system from Microsoft (NASDAQ:MSFT) for $9.99 a month with a six month commitment. TASER International, Inc.(NASDAQ:TASR) is weaker after the company reported mixed financial results for Q1. Shares are down 6% at $16.05 with a 52-week range of $8.43 – $20.83. The company, which develops and manufactures electronic control devices (ECDs) designed for use in the law enforcement, military, corrections, private security and personal defense markets, reported Q1 net income of $3.4 million, or $0.06 per diluted share, compared with $3.3 million, or…
Straight Path Communications Inc (NYSEMKT:STRP) disclosed last night in a regulatory filing that on April 23 its subsidiary entered into a confidential license agreement with Google Inc (NASDAQ:GOOG), which, among other things, provides for licensing of all SPIPG’s patents and the dismissal of the parties claims in the International Trade Commission investigation in the matter of Certain Point-to-Point Network Communication Devices and Products Containing Same related to certain Google products. Also on April 23, SPIPG entered into a settlement and patent license agreement with Sony Corp (ADR)(NYSE:SNE), which, among other things, provides for the licensing of all SPIPG’s patents and dismissal…
Shares of Gogo Inc (NASDAQ:GOGO) have tumbled more than 18% to $15 in the after-hours session after AT&T (T) revealed plans to launch a high-speed in-flight connectivity service for airlines that would be in direct competition with GOGO’s service. GOGO provides in-flight connectivity and wireless in-cabin digital entertainment solutions. T’s service, which is slated to start as soon as late 2015, will be capable of providing in-flight broadband for customers including fast Wi-Fi and onboard entertainment. Shares of GOGO trade within a 52-week range of $9.71 – $35.77. Shares of T are up 0.11% to $35.12, amid a 52-week spread of…
Qiwi Plc (NASDAQ:QIWI) led declines in American depositary receipts of European companies Friday as the region’s markets declined on heightened tensions between Ukraine and Russia. The Bank of New York Mellon Europe ADR Index slid 0.6%, compared with an 0.8% drop in the S&P 500 Stock Index. Qiwi, a Russian provider of payment services, fell 7% to $27.30 per ADR on Friday. It reached an all-time high of $59.24 on December 27. Voxeljet AG (NYSE:VJET), a German maker of 3-D printers, fell 5.6% to $16.18 per ADR after closing on an over-allotment of American depositary shares at $15 each. Sequans…
Shares Cobra Electronics Corporation (NASDAQ:COBR), a designer and marketer of mobile communications and navigation products, are down more than 3% after the company reported its net loss widened, sales slipped and it failed to meet trailing EBITDA requirements under its credit facility. The company reported a net loss of $1.7 million or $0.25 per share, for Q1 2014 as compared to a net loss of $1.5 million, or $0.23 per share, for Q1 2013. Consolidated net sales were $21.4 million compared to $21.6 million in Q1 2013, with the Cobra segment reporting a $378,000, or 2.1%, drop in sales and the…