With technology stocks like Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOG) (NASDAQ:GOOGL), and Microsoft (NASDAQ:MSFT) setting a scorching pace on NASDAQ, the billionaire founders and owners of these companies have seen their wealth grow ever further.
Amazon has been the best performing of the three stocks and was up by more than 14% and was the most active stock by dollar volume. Amazon CEO and founder Read more […]
As General Electric Company (NYSE:GE) continues to go back to its industrial manufacturing roots by shedding its GE Capital assets, it reported a 1Q2014 loss of $13.6 billion or $1.35 per share. Excluding the GE Capital sales, the company’s net income was $3.1 billion.
GE reported 1Q2015 revenue of $29.4 billion, down 12% from 1Q2014. GE’s oil & gas business revenue declined as did its Aviation Read more […]
Not for the first time that there are rumors of Twitter Inc (NYSE:TWTR) getting acquired and they surfaced again today leading to the stock rising nearly 4%.
The supposed Twitter suitors are the usual suspects — Google and Facebook. This a day after Twitter finally released its version of the MT feature available in TweetDeck for long whereby you can add a comment while retweeting a tweet in Read more […]
Apple Inc. (NASDAQ:AAPL) will return good numbers for the January — March quarter (2Q2015 for Apple) on the backs of continued demand for its latest iPhone 6 and iPhone 6 Plus, according to Citi analysts Asiya Merchant and Jim Suva. And when Apple comes out with good numbers, they tend to be extraordinary and unprecedented. Apple CEO Tim Cook had described demand for iPhones as “staggering, shattering Read more […]
Netflix, Inc. (NASDAQ:NFLX) is on an expansion spree into international markets and is spending heavily in producing original content. Australia is the latest country to join the Netflix map.
Netflix added 13 million new customers in 2014 to reach a total of 57 million subscribers across the globe. As broadband penetration grows around the world, more people will choose to go for streaming services Read more […]
Apart from being the global public square for news and debate, Twitter Inc (NYSE:TRTW) is now also in the venture capital business, according to an article in tech publication Mashable. This is mostly welcome though Twitter still remains a loss-making business.
Twitter stock has never scaled the highs of $70.00 that it touched back in January of 2014 and the company continues to make extensive Read more […]