The latest bout of bad news for GoPro Inc (NASDAQ:GPRO)’s share price came from its chip supplier Ambarella Inc., which said it expects weak demand for wearable cameras.
Ambarella expects chip shipments for the wearables market to be down in 3q2015 from 2q2015 as well as 3q2014 because of lack of new products. GoPro has launched Hero+ LCD and Hero4 Session cameras in June and July of this Read more […]
Netflix, Inc. (NASDAQ:NFLX) Takes A New Approach As Apple Inc. (NASDAQ:AAPL) Emerges As A Likely Competitor
For Netflix, Inc. (NASDAQ:NFLX), the game of online streaming of content is one that it has conquered so far but it does not want someone else to destroy the house of streaming it has built. Apple Inc. (NASDAQ:AAPL), too, is the king of the world in its realm and it wants to expand its kingdom.
And therein lies the scope for dangers, battles, winners, losers, and even approaching winter for at Read more […]
Tesla Motors Inc (NASDAQ:TSLA) seems to have put its 2nd quarter earnings behind it and about to regain the ground it lost after the results came out with their slight note of caution about the company possibly failing to meet its 2015 target of 55,000 vehicles sold.
Since the 2nd quarter results came out, the biggest piece of good news has been the release of Consumer Reports’ ranking that chose Read more […]
As Apple sets the date for its next iPhone launch event on September 09 like last year, Apple’s stock has been in the doldrums for a while. But that could be just a summer slumber before the action picks up again as traders return from their vacations.
In recent years, Apple stock has tended to end the year higher than where it was at the beginning of the year — including in 2012 when the stock Read more […]
Jack Dorsey, co-founder and interim chief executive of always-in-turmoil Twitter, bought a trifling 31,000 shares of Twitter stock on Monday, pushing the Twitter stock price up by around 9% by spending roughly $875,000. The Twitter stock has been on something of a downwards spiral over the past few days and it has lost more than 15% over the last month (including today’s 9% gain).
Without today’s Read more […]
The Berkshire Hathaway conglomerate-cum-empire of Warren Buffett grew more diverse today as it announced it had acquired a metal parts manufacturer called Precision Castparts for $37.2 billion, including debt.
Berkshire now has holdings in companies as diverse as insurance, railroads, chocolates and the latest company that makes airplane parts. Berkshire’s market capitalization stands at a gargantuan Read more […]