Friday, May 24, 2019
Shares of Apple tanked Thursday, after the technology giant’s revenue warning triggered an avalanche of price target cuts by Wall Street analysts. Apple’s ‘darkest day’ in iPhone era triggers flood of price target cuts by analysts thumbnail courtesy of marketwatch.com
Source: TheRecord.com In the face of such a sustained assault, this might be a good moment for Big Tech to lie low. SAN JOSE, Calif. — Silicon Valley ended 2018 somewhere it had never been: embattled. Lawmakers across the political spectrum say Big Tech, for so long the exalted embodiment of American...
Source: Yahoo! Finance At this year’s annual Berkshire Hathaway meeting in Omaha, Warren Buffett, the high priest of value investing, uttered words that would have been grounds for excommunication if they had come from anyone but him. Buffett began his career nearly 70 years ago by investing in drab, beaten-up companies...
Source: Zacks It would not be an exaggeration to state that tech stocks have been through a rough patch in 2018. Trade war fears, data privacy concerns, GDPR implementation in Europe and rising interest rates have put tech stocks on a roller-coaster ride this year. The NASDAQ Composite (IXIC), the S&P...
Source: Zacks Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is MeetMe (MEET - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers,...
InvestingNewsNetwork The cybersecurity industry is quickly expanding in response to the need for increased computer security. Here are the 10 top publicly traded cybersecurity companies according to the Cybersecurity Ventures 500 list. With Cybercrime tipped to be greatest threat at this point of human evolution, it is estimated that cybercrimes will cost...
BNN Bloomberg TORONTO -- Another price hike is on the way for Netflix Canada subscribers as competition heats up among the biggest streaming video services. The company behind "Narcos" and "Orange Is the New Black" is introducing its biggest price increase yet for both new subscribers and current members. Netflix's standard...
GeoMega (TSXV: GMA) Subsidiary Innord to Separate Rare Earths from Hybrid and Electric Vehicle Recycling Pilot Study For A Major Vehicle Manufacturer Pilot study for a major vehicle manufacturer Collaboration with University of Liege that produces concentrates from recovered magnets Montreal, November 26, 2018 – Geomega Resources Inc. (“GéoMégA” or...
IBM has agreed to acquire open-source software company Red Hat for $34 billion, the company announced Sunday. CNet Article: https://www.cnet.com/news/ibm-to-acquire-open-source-software-firm-red-hat-for-34b/ It's all about competitive balance. IBM hopes the acquisition will help it expand its position in the enterprise cloud computing market to better compete with the likes of Amazon, Google and...
Tech stocks rose Thursday after an ugly day Wednesday. The lift comes on the heels of positive earnings reports by Twitter on Thursday and Microsoft and Tesla on Wednesday. Alphabet, Amazon, Intel and Snap are all expected to report earnings after the bell on Thursday.   ech stocks rallied Thursday...