Microsoft to Launch Microsoft Teams to Take on Slack
After several speculations that Microsoft (NASDAQ: MSFT) was getting ready to roll out a new offering which is aimed at taking on Slack, the tech giant has done just that. Microsoft Teams will be part of the Office 365 suite and has essentially everything you would expect from a chat application. This app integrates with… (0 comment)

Alibaba Crushes Bottom-Line Forecasts for 2QFY17
Alibaba Group Holding Ltd (NYSE: BABA) recently reported its financial results for the second quarter of fiscal year 2017 while surpassing the bottom-line projections of analysts by $0.10. The Chinese ecommerce giant posted $5.14 billion revenue, which is higher in comparison to analysts’ forecast of $5.11 billion. In terms of earnings per share, Alibaba reported… (0 comment)

Here’s Why Valeant Soars 34%
The stock of Valeant Pharmaceuticals (NYSE: VRX) ended Tuesday’s session higher by 33.7 percent. This rally came after reports emerged that the multinational pharmaceutical corporation is in talks with Takeda Pharmaceutical to sell the Salix Pharmaceuticals drug franchise of Valeant. This potential deal is anticipated to be worth approximately $10 billion. According to reliable sources,… (0 comment)

Here’s How Royal Dutch Shell Will Regain its Ground
Royal Dutch Shell plc (NYSE: RDS-B) is one of the major players in the energy industry, and is going head to head against huge companies such as Exxon Mobil and Chevron. However, unlike other oil companies, Shell is pushing in a slightly different direction to improve its performance. During the middle of 2014, the prices… (0 comment)

Freeport-McMoRan Up, Despite Q3 Earnings Miss
Freeport-McMoRan Inc. (NYSE: FCX) has recently posted its financial results for the third quarter of fiscal year 2016, and the earnings data failed to beat the forecasts of analysts. Regardless of this, FCX shares has continued to show resiliency and has even edged higher by approximately 7.47 percent after the release of the Q3 earnings… (0 comment)

Intel IoT Segment Delivers Upbeat Q3 Results
Intel Corporation (NASDAQ: INTC) has been telling shareholders that one of the segments that it is depending on for long-term growth is the Internet of Things division. The IoT business of the microprocessor giant focuses on delivering platforms in transportation, retail, smart home and building, industrial and energy, as well as markets and channels acceleration.… (0 comment)

What Apple Missed In The Apple Event
Apple Inc’s (NASDAQ: AAPL) current line of computer offerings definitely needs to be upgraded, especially after the recent headwinds of the PC sector. The Cupertino, California-based tech giant is anticipated to refresh its current line of MacBook Air, MacBook Pro, and iMac. This refreshed lineup is expected to be unveiled during the upcoming event of… (0 comment)

Tesla Blasts Through Q3 Earnings Estimates
Tesla Motors Inc (NASDAQ: TSLA) reported its financial results for the third quarter of fiscal year 2016 after the market close on Wednesday. The earnings report showed higher than expected top line and bottom line data, and this development pushed the stock significantly higher during late trading. The electric car manufacturer posted $2.3 billion revenue,… (0 comment)

Can the Netflix Stock Sustain its Surge
Netflix Inc.’s (NASDAQ: NFLX) stock edged higher by 25.7 percent during the previous week after reporting higher than expected financial results for the third quarter. After the earnings report, several analysts raised their target price on the stock. As the online streaming giant missed estimates during the second quarter, investors questioned Netflix’s capacity to meet… (0 comment)

JPMorgan to Exit Chinas Securities Industry
JPMorgan Chase & Co. (NYSE: JPM) intends to sell its Chinese securities joint venture after being a minority partner of First Capital Securities Ltd for more than half a decade. JPMorgan Chase held the minority stake for six years and will be among the first major banks to exit the securities industry of the Asian… (0 comment)

IBM Catches up to Cloud Rivals
International Business Machines (NYSE: IBM) was not able to post exceptional financial results for the third quarter of fiscal year 2016, but the multinational tech giant displayed that its investments in the cloud and analytics industry are starting to bear fruit. With the IBM stock changing hands at around $148, the potential reward outweighs the… (0 comment)

Tesla Partners with Panasonic to Develop New Solar Products
Tesla Motors Inc. (NASDAQ: TSLA) and Japanese company Panasonic Corporation have had a deep relationship. The latter is a strategic battery partner at the electric car manufacturer’s Gigafactory and is also an exclusive battery supplier for the Model X, Model S, and Model 3. During the previous week, the electric car company strengthened its ties… (0 comment)

Verizon to Change Terms of Yahoo Acquisition Deal?
Verizon Communications Inc. (NYSE: VZ) seems to be disappointed with the data breach issue involving Yahoo! Inc. The mentioned data breach woe has affected over 500 million accounts back in 2014. However, recent reports suggest that the telecommunication giant may want to renegotiate the terms of the acquisition deal. During the early part of the… (0 comment)

What to Expect on Citigroup’s Q3 Earnings
It’s earnings season again this month and Citigroup Inc. (NYSE: C) is one of the companies to report its earnings for the third quarter. The banking industry has experienced a year-over-year drop in terms of earnings during the past two quarters because of market volatility and low interest rates. A number of analysts anticipate that… (0 comment)

Amazon Could Hit 1000, Says Analysts
A number of market analysts reported that Amazon.com Inc’s (NASDAQ: AMZN) stock could soar to more than $1,000 over the next 12 months. Cantor Fitzgerald analyst Youssef Squali is the latest analyst to assert that the ecommerce giant could reach $1,000 per share. Squali pointed out that Amazon’s core retail and cloud services segments could… (0 comment)

IBM to Take Watson to the Financial Services Industry
International Business Machines’ (NYSE: IBM) cognitive-computing system Watson has been initially targeted in the healthcare sector as it is being utilized to aid in diagnosis and decision-making of medical professionals. IBM Watson can analyze massive amounts of data such as research journals and medical records that can provide doctors with guidance and help improve patient… (0 comment)

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