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Facebook Inc stock is up a big 7 percent in the past one month. And Jim Cramer reckons that shares need to retrace before investors can consider buying them. “You’ll get a market wide pullout. We haven’t had one in six weeks…when you have it, take a look at Facebook,” the “Mad Money” host said…
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Tesla Motors Inc. has made it a point that they don’t spend a penny on advertising. Even without ads, Tesla has built a strong brand in the electric vehicle market and in the larger automotive industry as well. The Tesla brand has become synonymous with electric cars and traditional automakers such as General Motors face an…
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Microsoft Corporation (NASDAQ:MSFT) has a PEG ratio of 1.97. This puts the stock as overvalued. As of the time of writing, the stock price has fallen by more than 2% and the stock seems to be pretty much back to where it was a week ago. Outside Wall Street too, Microsoft has had a particularly…
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Yahoo! Inc. is still reeling from the closure of several magazines that have been part of its stable for years, and it appears more troubles are on the way for Marissa Mayer & Co. Activist investor Starboard Value LP is readying its war chest to kick up a proxy fight with Yahoo, probably because it…
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Tesla Motors Inc has begun with the deliveries of the Model X electric SUV, so it’s time to see exactly what kind of performance this vehicle can deliver. After launching the insanely powerful Ludicrous mode Model S P90D, the EV firm followed it up with an equally Ludicrous Model X P90D, and someone raced the…
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Yahoo! Inc. has finally caved in and decided to grant Tumblr some degree of autonomy by splitting off its sales team into a separate outfit. Tumblr, a hugely popular blogging service that Yahoo acquired for $1.1bn or about $3 per user out of the 300 million monthly users at that time, has run into headwinds, with…
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Facebook Inc is actively working on a technology that is similar to gigbit mesh networks on which Starry is working under its new venture, says a report from The Verge. Though Facebook is still to be granted the patent, it could start a race between the social media firm and Starry to get an upper…
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Apple Inc. boasts some of the most incredible stores in New York City, some placed inside buildings dating back to the early 1900s. Apple has made these spaces beautiful, and in recognition of this, it will get an award next month from The New York Landmarks Conservancy – a non-profit that promotes the preservation of…
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Tesla Motors Inc seems to be headed for a bumpy a ride in the coming days as analysts start to reconsider their bullish outlook on the stock. Shares of Tesla have been on a radical rollercoaster ride since the markets opened for trading this year. On Tuesday, the shares of Tesla crashed down to a new 52-week low…
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Amazon.com Inc has disclosed that revenues on its niche platform Exclusives, which retails in items that aren’t found elsewhere, reached $50m less than a year since it was launched. Moreover, at least 120 brands are now available on the site. While the sales are just a drop in the ocean compared to those generated by…
