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Microsoft Corporation released its earnings numbers for the three months through June on July 21. Most of Wall Street was looking at the firm’s number from the cloud, and drove shares down accordingly, but the report contained some numbers that give insight into the epic battle: Xbox One VS PS4. The problems for those trying…
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Biogen Inc is having a rough session today as the stock plummets in early morning trading. As at 10:02AM EDT, the share price of Biogen has dropped by 16.73% ($64.43) to a $320.61 trading price. The huge haircut recorded in the trading price of Biogen today can be traced to the quality of the firm’s…
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Tesla Motors had a rough trading session yesterday as its share price fell by 0.25% to close at $267.20. The drop in share price can be traced to a UBS analyst coverage placing the stock in the “Neutral” to “Sell” range. It appears that the shares might recover in today’s session as the stock has…
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Tesla Motors is constantly rolling out new features for the upcoming Model X. CEO, Elon Musk revealed last month that he has been personally testing out the autopilot features in his ride. Business Insider reports that the Model X has been spotted with some mysterious sensors that have not been seen in earlier prototypes. New…
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Apple Inc. worries in China continue to grow. Despite Tim Cook’s assertion that the firm’s view on China hasn’t changed, the world’s biggest investors are changing their outlook on the world’s second biggest economy. Ray Dalio, the brain behind the world’s largest hedge fund, says his view on China has changed. There’s “now no safe…
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Amazon.com, Inc. , General Motors Company , 3M Co and Caterpillar Inc. are among the major companies reporting quarterly numbers on Thursday. Here’s what investors can expect. Amazon.com, Inc. Amazon will likely record a narrower loss on a year-on-year basis when it posts second-quarter results on Thursday, July 23. The consensus of analysts covering the…
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Update 16:01 EDT: The market is now closed. Apple ended the day down 0.81 percent at $131. Update 16:07 EDT: Remember that Apple will probably keep us waiting until around 16:30 EDT. That’s the usual trend. If you’re looking for something to do until then, have a look at Chipotle after hours. Update 16:08 EDT:…
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Costco Wholesale Corporation has been under fire since it was reported in June that the company’s egg supplier had maintained “inhumane” and less than healthy conditions for hens. Numerous people have come out urging the retailer to cease selling eggs laid by caged hens. One of the latest public figures to speak out is Brad…
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Tesla Motors Inc shares were down strongly on Tuesday morning after a downgrade rocked the market’s confidence in Elon Musk’s firm. UBS reigned in its already bearish view on Tesla Motors in a report issued early on Tuesday morning. The analysts said that Tesla would not be able to spur demand in the years ahead….
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Tesla Motors Inc CEO Elon Musk likely doesn’t need much more money, but when he gets his salary from the EV firm, it might pinch a little. Assuming his check arrives once a month, Mr. Musk cashes in a little over eight cents every pay period, but he has earned a whole lot more. Mr….
