Stocks
The WannaCry Ransomware Attacked IT Systems Globally Over The Weekend But Security Companies Are Cashing In Big Time
The WannaCry ransomware is a sobering wake-up call for the world: It is becoming increasingly easy for bad actors to attack companies and governments …
Snapchat Could Be Worth As Much As $25b After Its IPO Next Year
Snapchat has privately filed for an initial public offer (IPO) according to Reuters. No one knows at the moment when this is going to …
Facebook Third Quarter Earnings Smash Again But Stocks Fell 8 Percent On 2017 Ads Revenue Worries
Following a strong second quarter, Facebook is reporting an even much stronger third quarter. In spite of this, Facebook stock was down about 8 …
Microsoft Shares Closed 4% Up On Better Than Expected Earnings
Let the earnings season continue, Microsoft shares gained 5 percent today after its results beat Wall Street expectations. Revenue stood at $22.33 at 76 …
Intel Revenue Up 9 Percent Year-Over-Year But Misses Fourth Quarter Guidance And Stock Down About 3 Percent
It’s been somewhat good for tech companies since the earnings season started but Intel earnings were in line with expectations but missed on fourth …
IBM Earnings Beat Expectations Slightly But Watson Promises A Better Earnings Future
It’s been a great quarter for IBM’s Watson (a Cloud based big data analytics tool by IBM) with respect to increased patronage so far …
Netflix Earnings Beat Expectations, Buoyed By Strong International Subscription.
When Netflix released its second quarter earnings back in July, it was greeted with a lot of caution mainly because of its miss in …
The Last Of The Twitter Potential Buyers Says No To The Deal. Where Does Twitter Go From Here?
Ok ok, the list keeps narrowing. Salesforce has categorically stated that it is not interested in buying Twitter. This sent Twitter shares down about …
Samsung Downgrades Its 2016 Profit Outlook. But How Did It Come To This? Here Are Possible Reasons
When reports of Samsung’s Galaxy replacement Note 7 catching fire started surfacing last week, the company went ahead to still give us an upbeat …
The Decision To Halt Note 7 Production Could Impact Samsung’s Dominance. Here’s How
The last five weeks have not exactly been very good for Samsung. It recalled 2.5 million Note 7 phone sand has recently halted production …