Share
Apple Inc. stock has faced some headwinds in the last month as a wave of cautiousness swept through the U.S. stock market. The stock was hit hard when analysts at Credit Suisse slashed their forecast on the firm based on weak supply chain orders by its Asian team. Weak supply chain orders suggests that Apple…
Share
Intercontinental Exchange Inc has announced that it will purchase the broker-tech firm commissioner Trayport for $650 million in stock. The owner entity of the NYSE said on Monday that the deal will allow it to provide new services to the over-the-counter energy market in Europe. This includes European power, natural gas and coal. Intercontinental Exchange Buys Trayport Trayport…
Share
Tesla Motors Inc has been stymied by the rollout of the Model X. The SUV has caused the firm no end of trouble since first being announced in 2012. We’re now more than six weeks out from the official launch of the car and, apart from those shipped to friends and family, there’s still no…
Share
Silver prices continue to face the same pressures that global commodities are facing in the markets as a result of weakness in China, a sliding US dollar, emerging market currency slack and the actions of speculators. This has been especially notable in futures trading where the price of silver retreated sharply on international bourses. December…
Share
Tesla Motors Inc showed off the Model X, one of the world’s most impressive pure EVs on September 29. The firm put six cars on stage, and got them, the “Founders Editions,” to their owners by the end of the night. Since then, despite being very loud about a number of other things, we’ve heard…
Share
International Business Machines Corp. has been at the forefront of data tech since the early nineties. Leading in cloud-computing, security and AI systems projects like Watson, analysts say the tech firm has once again set itself a head above the rest with its endeavors. The company is set on reinventing itself and has shown similar…
Share
In what would represent the largest tech deal ever pulled off, privately held Dell Inc. said Monday morning it would buy diversified computing concern EMC Corporation in a cash and stock transaction worth better than $65 billion. While EMC’s roots are mostly related to storage hardware, today it is probably better known for its cloud…
Share
Facebook Inc -owned Oculus, Netflix, Inc. and Samsung have jointly launched the video streaming giant’s app for Gear VR headset. The device was announced during Oculus’s Connect 2 Event on Thursday. Oculus CTO John Carmack, along with developers at Netflix worked on the app. It includes a feature called “Netflix Living Room” that will allow users…
Share
iShares NASDAQ Biotechnology Index (ETF) is in bubble territory. That’s been true for a very long time. On Monday, after Presidential Candidate Hillary Clinton announced that she had a plan to outlaw some of the pricing strategies used in the industry, the index crashed by more than 4.5 percent. She may have set off the…
Share
Tesla Motors Inc , Amazon.com, Inc. , Netflix, Inc. – 3 names that every serious trader has on his or her watch-list. So what is the outlook like for these stocks for the coming weeks? Wall Street seems bearish. Tesla is Way Over-Valued Brian Kelly, founder of Brian Kelly Capital considers Tesla Motors Inc as “an ATM stock,”…
