What's it About? NVIDIA reported third quarter 2017 earnings yesterday, which blew past Wall Street estimates. Revenue and earnings grew 32% and 41% respectively compared to last year as the company reported solid growth numbers across all major segments. Why is...
For the first time in its history, Apple's market capitalization went past $900 billion. Apple's stock price closed trading on Thursday, at a 52-week high of $176.24, giving the Tim Cook-led company a valuation of $904.871 billion.There have been...
WeChat's parent company Tencent Holdings has purchased a 12% stake (146 million shares) in Snapchat's Snap Inc. from the public market. Tencent is actually one of CEO Evan Spiegel's early backers, so this is not their first investment in...
EV maker Tesla Motors said Tuesday that it had agreed to buy Perbix Machine Co. Inc., a Minnesota-based designer and fabricator of automated manufacturing equipment. The company already has an existing relationship with Elon Musk's company, having provided custom...
Salesforce.com, the Number One player in the CRM cloud software segment, has just given a booster shot to its already-surging stock price by disclosing its revenue estimates for Fiscal 2019. The company expects 2019 revenues to come in in...
Hot on the heels of Panasonic CEO saying that the automation process for battery production for the Model 3 would soon kick in, causing production to rise sharply, Tesla Motors CEO Elon Musk has come out saying that a...
No one will blame you if you took a look at Under Armour's (UA) stock chart and thought: "Oh my God, they are going out of business!" But nothing of that sort has happened. It's just Mr. Market's typical...
It's been 10 years since things were set in motion for the Great Recession, the biggest financial crisis since the Great Depression of the 1930s. Nearly 10 years ago, on December 2007, the United States officially went into recession,...
The month's long battle between activist investor Nelson Peltz, who wanted a seat in the board at Procter & Gamble, and those who did not want Nelson's team on board for fear that they might push to break up...
Well, to be honest, just because it can.Walmart is not just another retailer. It is the world's largest in terms of revenue, which means it is also the largest in terms of the number of goods sold and number...
Costco Wholesale Corporation (COST) crushed its fourth quarter 2017 earnings, only to watch its own stock price crushed as a reward from investors. The leading warehouse company in the United States reported stellar numbers during the fourth quarter, easily...
Netflix (NFLX) has increased its prices in the United States. Yes, the unthinkable has happened. With competition from Amazon, HBO and Hulu nipping at its heels, not to forget a budding Apple Music and YouTube Red, conventional wisdom in...
Tesla (TSLA) is in a fix, but it's a problem that any carmaker would kill for. What's going on behind the scenes at Tesla Motors, what are the dynamics impacting the EV market, and can Tesla overcome the challenges...
The last time Walmart reported a Same Store Sales drop was nearly three years ago. For the last 12 consecutive quarters, Walmart has watched its stores sell more than what they did a year ago, an impressive feat for...
Alphabet, Google's parent company, has gone from strength to strength in the last ten years, growing its revenues from just $16.59 billion in 2007 to $99.27 billion in the last twelve months.Alphabet's phenomenal growth was made possible by the...