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A purchase of Microsoft Corporation shares 5 years ago means a more than tripled investment today. Ask analysts and brokerage firms, and investors will be told how good a time it is to buy MSFT. The company’s turnaround from an on-premises software vendor to a cloud juggernaut is complete. Although the change started well before…
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Steve Wozniak, who co-founded Apple Inc. with the late Steve Jobs, believes that Tesla Inc could create the next technological moonshot – not Apple. Wozniak said in an interview with Bloomberg that Apple is too big to come up with the next big thing in tech, according to a report from Apple Insider. Wozniak Going…
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Jason Wheeler has decided to step down as chief financial officer of Tesla Inc , according to a new filing. Wheeler, who was named as CFO in November 2015, informed the company about his decision on February 21, according to a document filed with the U.S. Securities and Exchange Commission filed on Tuesday. Wheeler’s resignation…
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Microsoft Corporation will continue to invest billions of dollars in cyber security research and development, as well as to acquire security companies in the coming years. The software giant will spend more than $1 billion every year on cyber security research, Reuters (via CNBC) reported citing Bharat Shah, vice president of security at Microsoft. According to…
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Apple Inc. iPhones do not come with expandable storage or dual SIM support, but things might change in the near future. Though it will never offer an iPhone with microSD storage as it will dramatically impact iPhone ASPs, the firm could to offer a dual SIM iPhone, notes BGR. Dual SIM – an odd choice…
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Netflix, Inc. has been stuck in a narrow price range since the past few trading session. And charts indicate the direction of the breakout may determine the short term trend of the stock. Shares of Netflix ended Monday at $93.80. Netflix, Inc. Stock is in “No Trade Zone” Netflix was the best performing S&P 500…
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Microsoft Corporation announced Monday a $26.2 billion deal to buy LinkedIn. The acquisition is the largest ever in the software space, and among the biggest in tech history. But neither of those failed to enthuse investors, with shares ending down over 2.5 percent for the session. Tuesday morning wasn’t too bright either, forcing traders to ask if…
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Celator Pharmaceuticals Inc has agreed to be acquired by Jazz Pharmaceuticals plc – Ordinary Shares for $30.25 per share or about $1.5 billion in cash. Jazz believes that the acquisition will help the company to advance its growth strategy. Shares of Celator Pharmaceuticals were trading up 71.11% in the morning session. The company’s stock has gained 1,594.07%…
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Netflix, Inc. was last year’s standout performer. Unfortunately, 2016 has not been kind to the stock – down almost 14 percent YTD. However, widely followed market voice Jim Cramer believes that all that could change very soon. “After months of under performance, Netflix has been bouncing back over the last week…I think it’s got more…
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GoPro Inc and Red Bull have just entered into a multi-year deal for content production. The global deal includes content production, distribution, cross-promotion, and product innovation. This announcement is clearly welcome news for the action camera maker’s investors, as shares were trading up 5.71% in the morning session. The Red Bull deal follows the company’s deal in March with the…
