After GoPro Inc (NASDAQ:GPRO) founders donated 5.8 million shares to start a charitable foundation, the stock slumped a whole 6.9% to close at $85.46 in New York. Nicholas Woodman, who is one of the company’s founders, evaded a post IPO lock-up selling restriction by donating the shares to Jill & Nicholas Woodman Foundation, a new…
BlackBerry Ltd (BBRY) CEO Chen Says Passport is not Meant to Kill Apple Inc. (AAPL) iPhone
BlackBerry Ltd (NASDAQ:BBRY) CEO John Chen has reiterated that the release of Blackberry Passport is not in any way an effort to compete Apple Inc. (NASDAQ:AAPL) iPhone. Instead, he said that the Passport is meant to give people, not just what they want, but exactly what they need. So here is the difference: While many…
General Motors Company (GM) Recalls 117,000 Vehicles over Chassis Control Modules Defect
General Motors Company (NYSE:GM) is recalling some new model vehicles over faulty chassis control modules that can cause the vehicles to either fail to start or stall. This, the company has said, has the potential of causing a crash. The recalled cars are from 2013 and 2014 model year. Of the 117,000 vehicles recalled, 97,540…
Tesla Motors Inc (TSLA) Might End up Investing More on Infrastructure in China Despite of High Model S Demand
Patrick Archambault, Goldman Sachs analyst, mentioned in one of his recent reports of over 4,000 Tesla Motors Inc (NASDAQ:TSLA)’s Model S reservations in China. Considering the fact that Tesla sells Model S for fifty percent higher price in China at $121,000, this has to be excellent NEWS for the company. However, Erin Gibbs, S&P Capital…
Intel Corporation (INTC) Takes Another Shot at the Wearable Segment with Peak
With wearable gadgets being the latest embodiments of technological innovation, Intel Corporation (NASDAQ:INTC) decided to have another go by launching another model named Peak, which is supposed to be an improvement over its predecessor, B1 Band, which had been released in 2013. Meant to serve as health gadgets, these watches are products of Basis Science…
BlackBerry Ltd (BBRY) Still Focused on Hardware after Improved Performance
BlackBerry Ltd (NASDAQ:BBRY) announced a plan to delve more into software services and double software revenue next year. A few analysts thought that the Canadian company is slowing giving up on its hardware business. However, in latest developments, the company has made it clear that it’s not about to disappoint its loyal fans. Two BlackBerry…
Facebook Inc (FB) “Buy” Button and Apple Inc (AAPL)’s Apple Pay Might Make Credit Cards Obsolete Within A Decade
The increasing interest in online payment methods by major social media giants including Facebook Inc (NASDAQ:FB), Apple Inc (NASDAQ:AAPL), and Twitter Inc (NYSE:TWTR) is an alarm for the banking industry to upgrade its existing payment methods. According to a report from Daily Mail Online, social media platforms would play a major role in banking in…
Apple Inc (AAPL)’s iPhone 6 Might Touch 70 Million Mark in CQ4, BlueFin Reiterates Positive View on The Company
In one of the latest analyst releases about Apple Inc (NASDAQ:AAPL), John Donovan and Steve Mullane, BlueFin Research Partners, said that the sales of iPhone 6 are much better than the expectations and increase in supplier inquiries are reflecting an expected high-growth in iPhone 6 demands. It is expected that the demand of Apple Inc…
Ford Motor Company (F) 2020 Vision Is Improving Operating Margin and Increasing Sales By 45%
Ford Motor Company (NYSE:F) set out a clear plan to increase its sales from the current 6.3 million to 9.4 million by 2020. At the same time, the company wants to improve its operating margin and profitability. The U.S. automaker, which is the fourth largest in the industry, targets a sales increase of between 45%…
GoPro Inc (GPRO) Turns Out To Be a Good-Luck Charm for Investors
Hardly anyone expects a small-cap to pull surprises but that is exactly what GoPro Inc (NASDAQ:GPRO) did on Monday when its share value soared by a whopping 11% margin to close at an all-time high of $90.94. Considering that the stock is a relatively recent debutante with its launch date being 26th June, 2014, it…