Twitter Stock is Considered the Biggest Disappointment in the Large-cap Internet Industry
The stock of Twitter Inc (NYSE: TWTR) is trading lower by approximately 20 percent on a year-to-date basis and a number of people have speculated that the underperforming stock of the microblogging site could experience a buyout. Lead technical analyst Mark Mahaney of RBC Capital Markets explained the reason the TWTR stock has been one… (0 comment)

Will IBM Thrive in the Cloud Computing Space?
Although the stock of International Business Machines (NYSE: IBM) is trading higher by approximately 12.5 percent on a year-to-date basis, the past 5 years have been disappointing for investors. The shares of IBM have slumped by around 10 percent within that period, in comparison to a 77 percent gain for the broader S&P 500 index.… (0 comment)

Intel Sees Revenue, Margins Boost on Better PC Demand
The microprocessor corporation Intel Corporation (NASDAQ: INTC) recently raised its financial guidance, which it provided in the month of July. The tech giant stated that it now anticipates revenue for the third quarter to reach $15.6 billion, higher compared to the previous estimate of $14.9 billion as an outcome of “replenishment of PC supply chain… (0 comment)

Netflix Partners With Liberty Global
Netflix Inc. (NASDAQ: NFLX) recently disclosed a deal with Liberty Global Plc. (NASDAQ: LBTYK) in order to grow its global footprint. Under the terms of the agreement, the clients of Liberty Global will be able to access the content of Netflix via the set top boxes and remote controls. Despite this, Netflix will manage to… (0 comment)

Royal Dutch Shell Sells Downstream Assets in Denmark
Royal Dutch Shell plc (NYSE:RDS.A) recently announced a deal with Dansk Olieselskab ApS to offload its downstream assets in Denmark. The mentioned agreement is valued at $80 million, which is equivalent to 60.62 million pounds, and marks Royal Dutch Shell’s exit from the refining industry in Denmark. The deal is set to be completed in… (0 comment)

Ford to Continue Investing in Autonomous Car Technology
Ford Motor Company (NYSE: F) recently announced that it will continue investing in autonomous car technology. During the previous month, the auto manufacturer disclosed that it will release driverless cars for ride-hailing firms as early as the year 2021. Yet, the car company will not be matching up the intensive investments performed by its competitors,… (0 comment)

Why the Apple Stock is Rallying Today
The shares of Apple Inc. (NASDAQ: AAPL) has been on an upward trend since the early trading hours on Tuesday, after the disclosure of telecom carriers regarding the pre-order sales data of the iPhone 7 and iPhone 7 Plus during the weekend. As of 5:24 AM GMT-4 on September 14, the AAPL stock is trading… (0 comment)

AT&T, Discovery Enters Carriage Deal
Discovery Communications announced that it has inked a comprehensive carriage agreement with AT&T for its DirecTV and U-Verse platforms, together with the upcoming DirecTV Now, which is an over-the-top service. The mentioned deal includes the linear networks of Discovery Communications, a strong on demand offering and TV Everywhere distribution. The content of Discovery will be… (0 comment)

Hewlett Packard Enterprises to Merge Software Assets with Micro Focus
Hewlett Packard Enterprise Co. (NYSE: HPE) is merging some of its software assets with United Kingdom’s Micro Focus International Plc. The mentioned merger deal amounted to approximately $8.8 billion as the CEO of Hewlett Packard Enterprise Meg Whitman takes further action to cut down the company’s operations. The US multinational company stated recently that it… (0 comment)

Why We Maintain a Bullish Stance on Chevron
Chevron Corporation’s (NYSE: CVX) earnings are currently taking a hit from its downstream segment, following a prolonged weakness in the energy giant’s upstream division. The oil giant posted a net loss of $1.47 billion during the second quarter of fiscal year 2016, which is much lower in comparison to its net profit of $571 million… (0 comment)

Intel Acquires Computer Vision Startup Movidius
The RealSense platform was the highlight of the recent Intel Developer’s Forum conference held in San Francisco during the previous month and it appears like the corporation is only seeking to expand the scale and capabilities of its computer vision technology. Just recently, Intel Corporation (NASDAQ: INTC) announced that it is buying the Movidius, which… (0 comment)

Exxon to Sell Montana Refinery Assets
Exxon Mobil Corporation (NYSE: XOM) is reportedly planning to sell its interest in the Montana refinery as the depressed global commodity market has adversely affected  its financial position. The plan of the energy company to sell its interest in the mentioned refinery is currently in its early stages and a deal has not yet been… (0 comment)

Exxon Backs Out of LNG Project in Alaska
Exxon Mobil Corp. (NYSE: XOM) has opted to pull out of the proposed Alaska natural gas export terminal. The energy corporation decided not to invest in the next stage of the mentioned project and noted that it would collaborate with its partners for the selling of its interest in the Alaska LNG project to the… (0 comment)

Netflix Has a Huge Upside Potential
William Blair analyst Ralph Schackart asserted in a research report that the stock of Netflix Inc. (NASDAQ: NFLX) has an upside potential of almost 50 percent. This means that regardless of the present volatile period, the stock’s long-term risk/reward stays favorable. In addition, Schackart upgraded his rating of the NFLX stock to Outperform and boosted… (0 comment)

General Electric Signs 9-Year Extension of Deal to Support Central Puerto Plant
General Electric Company (NYSE: GE) recently announced that it has inked a 9-year extension of its maintenance services deal with Central Puerto to maintain its 760-megawatt combined-cycle power plant located in Buenos Aires. The mentioned agreement valued at $70 million includes the first order for General Electric’s advanced digital power plant solutions in Argentina. This… (0 comment)

Apple Sales Drop on Weak iPhone Demand
US retail company Target stated that declining Apple sales was one of the reasons for the double-digit decline in electronics revenues during the previous quarter. This week, Target reported downbeat results for the second quarter, singling out its electronics segment for causing a “significant drag”, which is equivalent to 70 basis points of a 1.1%… (0 comment)

Why Cisco is a Good Buy
The shares of Cisco Systems (NASDAQ: CSCO), which are currently trading at their 52-week highs have edged higher by nearly 40 percent from approximately $22 to 31 since analysts from TheStreet have rated the company’s stock a Buy on February 9. Last May 17, with the tech giant’s shares changing hands at approximately $26, the… (0 comment)

IBM to Set Up Innovation Center in Thailand
US-based tech corporation International Business Machines (NYSE: IBM) is planning to establish a full-fledged innovation center in Thailand by the latter part of 2016 in order to integrate its cognitive computing technology with design thinking, as well as customer experience. Aside from that, IBM in partnership with Digital Ventures will organize the very first IBM… (0 comment)

Chesapeake Energy Corp. (NYSE: CHK) is paying almost $340 million to exit the Barnett Shale as the energy company attempts to clean up its finances. The mentioned deal will aid Chesapeake in getting rid of financial commitments valued at close to $1.9 billion it had to Williams Partners LP, which is a pipeline firm that… (0 comment)

Allergan Plunges on Q2 Earnings Miss
Allergan Plc (NYSE: AGN) posted an increase in revenue for the second quarter of the current fiscal year on Monday, but the results still failed to meet the expectations of analysts. The pharmaceutical corporation doubled its losses in the given period amid the discontinued operations, including its generic drug unit’s sale to Teva Pharmaceuticals during… (0 comment)

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