Microsoft Corporation (NASDAQ:MSFT)’s new CEO Satya Nadella has had an eventful six months on the job since taking over as Microsoft Corporation (NASDAQ:MSFT)’s head in February. As Bloomberg reported earlier today, despite being a major proponent of the cloud-based service Azure, which catastrophically went down for five hours yesterday, Nadella still has the confidence of the previous CEO Steve Ballmer. Ballmer, who just stepped down from Microsoft Corporation (NASDAQ:MSFT)’s board, ostensibly to put his focus on the Los Angeles Clippers, recently conducted a separate interview with Bloomberg in which he reportedly gives Nadella the benefit of the doubt, despite Azure’s…
Author: Tim Frederick
It may be hard to imagine now, but Google Inc (NASDAQ:GOOGL) wasn’t always a darling in the stock world. In fact, the search engine giant’s battle for a prime place in investors’ hearts took it through ‘bear’ after ‘bear’, who didn’t believe in the company or the sustainability of their service, according to analyst and investor Jim Cramer today on CNBC. Speaking with Cramer on Mad Money six years ago, then-CEO and current executive chairman of Google Inc (NASDAQ:GOOGL), Eric Schmidt, had this to say about his company’s future vision, so shown on today’s segment. “Google is growing. And we’re…
Twitter Inc (NYSE:TWTR)’s most recent changes to their Favorites function, in addition to how users are shown occasional tweets made by their friends’ friends, are likely only the beginning when it comes to what changes the social media giant will make in an attempt to appeal to a broader audience, according to an article in Forbes. “I think it’s fair to say that we are not ruling out any kinds of changes that we might deliver in the product in service to bridging that gap between signing up for Twitter and receiving immediate value and you will see a number…
Intel Corporation (NASDAQ:INTC) and Curtis “50 Cent” Jackson’s SMS Audio have teamed up on a new line of wearable technology. The rapper, actor, and entrepreneur spoke with CNBC’s Jon Fortt on Sunday night and explained why he decided to partner up with a major corporation like Intel Corporation (NASDAQ:INTC). As Jackson explains, such a deal would not always have been well received within his industry. “[…] A lot of artists, like within our culture, hip-hop, it would be something that was considered taboo. It was the crossover; to be associated with a major corporation while being an artist, cause it…
Tesla Motors Inc (NASDAQ:TSLA) may be the darling of the stock world at the moment, but as TheStreet pointed out today as the lead-in to their review of Subaru’s new hybrid vehicle, the XV Crosstrek, the penthouse of the automaker stock world is Subaru’s doormat when it comes to sales in the real one; even in the U.S. For the first half of this year, Subaru’s sales in the U.S are up an impressive 16%, and in July alone, the Japanese automaker sold more than 45,000 vehicles in the U.S, up 27% from their July, 2013 sales figures. Furthermore, Subaru…
Google Inc (NASDAQ:GOOGL) has experienced a decade of tremendous growth since it launched its IPO 10 years ago today. Last night on CNBC’s Fast Money, analyst Dominic Chu compared Google Inc (NASDAQ:GOOGL)’s growth over the past decade against the growth of two other notable tech giants of 2004, Yahoo! Inc. (NASDAQ:YHOO) and Amazon.com, Inc. (NASDAQ:AMZN) to see how the three stacked up against each other then and now. When we look back at three key metrics in 2004, the numbers between the three companies were fairly similar, with Google Inc (NASDAQ:GOOGL) having a slight disadvantage in each metric. Their $3.2…
Google Inc (NASDAQ:GOOGL)’s stock has experienced tremendous growth since its initial public offering 10 years ago at a mere $42.50 (split-adjusted); since then the stock has risen to nearly $600, an increase of almost 1,300%. While it won’t achieve that same growth over the next decade, analysts by and large are still bullish on Google Inc (NASDAQ:GOOGL)’s stock, as CNBC’s Dominic Chu reported today. Chu compared firstly the low and high end target prices, which analysts have set for Google Inc (NASDAQ:GOOGL)’s stock. On the low end of the scale is Brian Wieser at Pivotal Research, who has a price…
Recent changes to Twitter Inc (NYSE:TWTR) were touched on during a segment today on CNBC’s Squawk Alley, with the Squawk team of Jon Fortt and Kayla Tausche joined by Jon Steinberg, the CEO of Daily Mail North America. Fortt believes Twitter Inc (NYSE:TWTR)’s changes to their ‘Favorites’ function, which now puts tweets that have been Favorited by users directly into their timelines rather than into a separate section on their profile, could be a good way to increase user engagement, so long as it’s made clear how favorites differ from re-tweets. However the other panelists weren’t as keen on the…
Wal-Mart Stores, Inc. (NYSE:WMT) could be a potential wild card in the newly stoked Family Dollar Stores, Inc. (NYSE:FDO) bidding war. In fact, Wal-Mart Stores, Inc. (NYSE:WMT)’s absence from the Family Dollar sale thus far is baffling to Davidowitz & Associates chairman and founder Howard Davidowitz, who, along with Bloomberg’s Jeffrey McCracken, discussed the issue on Bloomberg’s ‘Market Movers’ today. “[…] It’s even crazier that Wal-Mart is not buying this company. Wal-Mart has been screwing around with small stores for 20 years, they’re at ground level zero, everybody wants convenience, Wal-Mart once again asleep at the switch. I don’t understand…
Dollar General (NYSE:DG) has made a strong counter to Dollar Tree, Inc. (NASDAQ:DLTR)’s month-old offer for Family Dollar Stores, Inc. (NYSE:FDO), but the intensifying battle for the discount retailer is not over just yet, according to Courtney Reagan in a segment on CNBC’s Squawk on the Street this morning. As Reagan explained, Dollar General (NYSE:DG)’s offer of $78.50 in cash per share, and $550 to $600 million in cost synergies is clearly superior to the offer made by Dollar Tree back in July, which amounted to $74.50 per share in stock and cash, and just $300 million in cost synergies.…
Don’t be stunned if TASER International, Inc. (NASDAQ:TASR), the company that produces the well-known stun guns of the same name, sees the current market goodwill towards it continue into the future, according to Fox Business News’ Charles Payne. As Fox Business News’ Charles Payne explained on Friday, however, there is plenty to like about the TASER International, Inc. (NASDAQ:TASR) stock long before the civil unrest in St. Louis, with orders for their stun guns continuing to pour in, including 5,400 from Houston. However, it’s a rapidly expanding video equipment division that is also drawing a lot of positive attention from…
J C Penney Company Inc (NYSE:JCP) released their second quarter results yesterday, and they were a positive sign for a company that has struggled for several years now to maintain the growth it experienced throughout the most of the 2000’s. J C Penney Company Inc (NYSE:JCP)’s revenue for the quarter rose by an annual 5.2% to $2.8 billion, and losses per share were cut to $0.75 from $0.93 a year ago. However, the most impressive aspect was a 6% increase in same-store sales, long considered a key metric in the retail world. Furthermore, J C Penney Company Inc (NYSE:JCP) predicted…