Amazon.com, Inc. (NASDAQ:AMZN) isn’t the most valued online retailer now, that position was taken just recently by Alibaba. In the stock markets, Amazon hasn’t been doing well either, having a lower performance than many competitors. This year, the company has poster 18% tumble in the stock market. The online retailer has been undergoing several challenges.…
Will GoPro Inc (GPRO) Inc Maintain Its Momentum?
GoPro Inc (NASDAQ:GPRO) stocks went high after rumors came out that the company will be releasing its highly hyped extreme sports camera, Hero 4, in time enough for holiday season. Sources have revealed that the camera will be released in mid October. The stock has had a good run since its June initial public offering,…
BlackBerry Ltd (BBRY) Keen on Doubling Software Revenue Next Year
BlackBerry Ltd (NASDAQ:BBRY) CEO John S. Chen has said that the company is focusing on doubling its software revenue next year. The company recorder $250 million in software revenue in its second quarter financial report released Friday. The report showed that the Waterloo, Ontario-based company had reported a second successive loss, though this time the…
Tesla Motors Inc (TSLA) and SolarCity Corp (SCTY) Stocks Tumble to Loose Combined $5 Billion
Tesla Motors Inc (NASDAQ:TSLA) and SolarCity Corp (NASDAQ:SCTY) have had great successes with SolarCity Corp’s stock growing 100% every year since 2006. Just recently, Tesla Motors Inc announced a grand plan to construct a gigafactory in the state of Nevada before SolaCity Corp scored big in its quest to manufacture solar panels by securing a…
Google Inc (GOOGL) and Amazon.com, Inc. (AMZN) Move Fast to Beef Security Against Shellshock Threat
Two online giants, Google Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN), have raced fast to seal holes through which “Bash bug” or “Shellshock” can penetrate systems. Shellshock is a defect that can enable unauthorized persons to seize the control of website servers and computer systems. The bug makes millions of computers and servers susceptible as it…
General Motors Company (GM) Gets Investment Grade Rating by Standard & Poor’s
General Motors Company (NYSE:GM) has risen to investment grade, 5 years after the company received government support to lift it from bankruptcy. The Standard & Poor’s gave the company the rating, citing improved global performance that has resulted in a healthy cash flow. S&P took a very keen interest on the impact of the recent…
BlackBerry Ltd (BBRY) Downgraded to “Hold” by BGC Analyst
BlackBerry Ltd (NASDAQ:BBRY) stock slumped to hit a one month low of 6% after BGC analyst Colin Gillis gave out a “hold” rating to the Canadian company in a poetic fashion. The rating comes only a day before the company releases its second financial quarter report. BGC downgraded BlackBerry Ltd (NASDAQ:BBRY) from “buy” to “hold”,…
Apple Inc. (AAPL) Believes That Bending Problem of iPhone 6 Plus Is Not Common
Apple Inc. (NASDAQ:AAPL) came out for the first time after users complained that iPhone 6 Plus bends, saying that it’s “extremely rare” for the iPhone to bend when used normally. The company assured users that the largest iPhone is made using very high standards and they have only received 9 cases of a bent iPhone…
Solarcity Corp (SCTY) Secures 1 Million Square Feet for GigaFactory in New York
SolarCity Corp (NASDAQ:SCTY) has won big in its optimistic plan to start manufacturing solar panels after the Musk backed company secured 1.2 million square feet land at the RiverBend site, South Buffalo, New York, to construct a gigafactory to that effect. The deal was announced by New York governor Andrew M. Cuomo through his official…
Google Inc (GOOGL) Faces Competition From Small Tech Companies In Mobile Segment
Large and small companies have tried to best Google Inc (NASDAQ:GOOGL) at its game, which the search engine, and the records are clear how many have thrown in the towel. There are still optimistic individuals out there still building alternative search engines, claiming to offer more refined search results and security. To their chagrin, all…