Apple Inc. (NASDAQ:AAPL) is facing investigations from Canadian regulators on allegations that the tech giant is stifling competition through wordings in its terms of agreements with Canadian mobile phone carriers, according to Canada’s Competition Bureau on Thursday. No liability has been found on Apple’s Canadian unit so far, but the bureau filed a request with…
Best Buy Co Inc (BBY), Apple Inc. (AAPL) And GoPro Inc (GPRO) Are Benefiting From Increase In Retail Spending According To Commerce Department Figures
It’s finally some good news for leading retail store chains including Best Buy Co Inc (NYSE:BBY) as retail spending is back on the growth track. The electronics department is one of the major spending zones of customers with gadgets from Apple Inc. (NASDAQ:AAPL) and GoPro Inc (NASDAQ:GPRO) bagging maximum attention. As per the latest retail…
GoPro Inc (GPRO)’s Shares Continue Downward Rally Ahead Of Lockup Expiration And Heightened Short Selling
The shares of action camera maker, GoPro Inc (NASDAQ:GPRO), have declined 33.08% since October 7, 2014 with current share price of $62.76. What was rather a dream run for the tech company is outweighed by short selling, lockup period expiration, and overvaluation of the company. GoPro was the go-to stock in the tech industry before…
McDonald’s Corporation (MCD)’s Shares Plunge After November Sales Announcement, Fast Food Chain Eyes “Create Your Taste” Formula
The shares of the fast-food chain, McDonald’s Corporation (NYSE:MCD), plunged nearly 5% after the company announced its November sales figures. The restaurant chain lost sales in all the markets including the domestic US market, Europe, and Asia/Pacific, Middle East, and Africa. With falling sales and increasing competition from smaller brands, the world’s largest fast-food chain…
Tesla Motors Inc (TSLA)’s Customers Are Rich Enough To Care About Oil Prices, Perfect Time To Start Positions
The shares of the electric carmaker, Tesla Motors Inc (NASDAQ:TSLA), bounced back after continuously falling for the last 7 days closing at $216.89 with 1.18% improvement at the end of regular trading session. Automobile experts and analysts have denied the impact of falling oil prices on the luxury cars costing more than $100,000. Irrespective of…
Tesla Motors Inc (TSLA)’s Shares Collapse Amid Lower November Sales And Dropping Gasoline Prices
The shares of Tesla Motors Inc (NASDAQ:TSLA) dropped in excess of 5% closing at 211.09 in the extended hour trading after lower U.S. car shipments in November and continually falling gasoline prices. The electric carmaker has lost 12.33% share value in the last 5 days. The electric carmaker is troubled with the lowest gasoline prices…
Is Tesla Motors Inc (TSLA) and SolarCity Corp (SCTY) Partnership The Dealth Of Utility Companies?
Tesla Motors Inc (NASDAQ: TSLA) has invested $5 billion to build a battery factory in Nevada. The facility is expected to create 6500 new jobs, produce 50 gigawatts of battery storage and provide power to 500 000 electric cars per year. Tesla Motors Inc (NASDAQ: TSLA) is working with SolarCity Corp (NASDAQ:SCTY) on the new project.…
Tesla Motors Inc (TSLA)’s $5 Billion Gigafactory Poses Threat To Traditional Utility Business
The electric carmaker, Tesla Motors Inc (NASDAQ:TSLA), announced a $5 billion Gigafactory for the production of batteries in September 2014 and it is certainly one of the biggest of its kind. However, the Gigafactory, helping in lowering electric car costs, is scaring the biggest names in the utility industry. The electric car manufacturer has started…
Tesla Motors Inc (NASDAQ:TSLA) Trading At Five-Week Low, Analysts Expect Further Drop Amid Lower Oil Prices
The shares of Tesla Motors Inc (NASDAQ:TSLA) are trading at their five-week low with current per share price of $229.30 and the shares of the electric car maker have declined by over 5% in the last 30 days. Some analysts are opined that low oil prices are driving the downward momentum whereas others consider it…
Tesla Motors Inc (TSLA)’s Model S Stays On Top In Terms Of Customer Satisfaction
In addition to being the most luxurious electric car manufacturer, Tesla Motors Inc (NASDAQ:TSLA) has received a hand of applause from its customers for being the most reliable, fun to drive, and stylish vehicle of the year. A satisfaction survey carried out by Consumer Reports has listed Model S as the best car in terms…