Tesla Motors Inc (NASDAQ:TSLA) is once again the prime target of short sellers amid falling crude oil prices. With crude oil prices falling excessively in the last several months, a new question is raised about the near-term future of fuel-efficient vehicles. At the same time, Tesla is not the only company taking a hit and…
McDonald’s Corporation (MCD)’s Shares Rise 5 Percent After Thompson Makes Way for New CEO, Easterbook
The shares of McDonald’s Corporation (NYSE:MCD) soared up to 5 percent after its CEO, Don Thompson, has left the chair after 25 years. Steve Easterbook would be the new CEO of the restaurant-chain company effective from March 1. It is important to consider that Easterbook has successfully improved revenue streams for the UK and European…
Alibaba Group Holding Ltd (BABA)’s Shares Tank Post Quarterly Results, Political Scrutiny Raises Difficulties for Ecommerce Company
The shares of the world’s largest ecommerce company, Alibaba Group Holding Ltd (NYSE:BABA), slumped in excess of 9 percent after announcing its December quarter results. The holiday quarter performance could not impress market experts and the ecommerce company had some trouble with Chinese regulators in the last few months. The first reason bringing down its…
United Continental Holdings Inc (UAL), Royal Caribbean Cruises Ltd (RCL), Expedia Inc (EXPE): Top 3 Stock Holdings of Altimeter Capital Management
United Continental Holdings Inc (NYSE:UAL), Royal Caribbean Cruises Ltd (NYSE:RCL), Expedia Inc (NASDAQ:EXPE) are the top three stock investments of Altimeter Capital Management, as per its recent SEC 13F filing. The investment manager has its primary investments in service and technology sector. United Continental Holdings Inc (NYSE:UAL) is the primary stock holding of Altimeter Capital…
Covidien plc (COV), DIRECTV (DTV), TRW Automotive Holdings Corp. (TRW): Top 3 Stock Holdings of Alpine Associates
Covidien plc (NYSE:COV), DIRECTV (NASDAQ:DTV), TRW Automotive Holdings Corp. (NYSE:TRW) are the top three investment bets of Alpine Associates, as per its recent SEC 13F filing. The investment manager has its primary investments in service, technology, and basic material industry. Covidien plc (NYSE:COV) is the largest stock investment of Alpine Associates with 2,388,600 shares of…
Microsoft Corporation (MSFT)’s Shares Plunge 12 Percent In Last 48 Hours, Tech Giant Announces Free Office Access for Mobile Users
The shares of Microsoft Corporation (NASDAQ:MSFT) have dropped in excess of 12 percent in the last 2 days trading at $41.19 with current P/E ratio of 16.62. The tech company has announced free Office access for tablet users offering Word, PowerPoint, and Excel for free. The Windows maker is struggling against its stronger mobile rivals…
Netflix, Inc. (NFLX) Awaits FCC Ruling In New Net Neutrality Rules, Video Streaming Service Shines At SAG 2015 With 3 Awards
Netflix, Inc. (NASDAQ:NFLX), one of the leading video streaming services in the U.S., is awaiting new net neutrality rules from the Federal Communication Commission next month. The matter came under limelight when leading Internet Service Providers proposed Bandwidth limitations for video streaming services and additional fees for high bandwidth. It is important to consider that…
Boeing Co (BA)’s Shares Soar Amid Profitable Fourth Quarter 2014 Financial Results And Positive Fiscal 2015 Outlook
The shares of Boeing Co (NYSE:BA) rose in excess of 5 percent after the aircraft manufacturer announced its fourth quarter 2014 financial results. The jet manufacturer reported 23 percent increase in its core profit during its recent quarter primarily because of record deliveries during the quarter and right timing of receipts. In addition to its…
QUALCOMM, Inc. (QCOM)’s Shares Tank Post Lower Fiscal 2015 Forecast And Ailing New Chip Response
The shares of QUALCOMM, Inc. (NASDAQ:QCOM) fell in excess of 9 percent after the chipmaker announced its first quarter 2015 financial results. The primary concern of investors was lower fiscal 2015 revenue forecast and ailing new chip from the company. At the same time, the chipmaker said its latest Snapdragon mobile chip has lost one…
Facebook Inc (FB) Overrun Market Expectations Again With Splendid Fourth Quarter 2014 Financial Results, Heightened Expenses Drag Share Prices
The world’s biggest social networking company, Facebook Inc (NASDAQ:FB), once again exceeded the market expectations with its fourth quarter 2014 and fiscal 2014 financial results. The tech company reported 58 percent growth in its annual revenue in 2014 but heightened expenses kept share prices doodling after the announcement. Facebook reported 1.39 billion monthly active users…