Advanced Micro Devices, Inc. (NYSE:AMD) lost 3.94% in yesterday’s trading session closing at $3.41. The shares of the chip company had twice the regular trade volume with as many as 50 million shares exchanged during the day. TheStreet team reiterated its “hold” rating for the company. TheStreet Ratings team added, “The company’s strengths can be…
eBay Inc (EBAY)’s Shares Skyrocket Post PayPal Spinoff Decision, Investors Applaud the Move
The shares of eBay Inc (NASDAQ:EBAY) skyrocketed after the company agreed to spin off its online payment division, PayPal. The market as well as investors has welcomed the decision, which will help the e-commerce giant to focus on its core business and offer more growth opportunities for PayPal in the evolving online payment industry. Carl…
Google Inc (GOOGL) Set to Launch a Revamped Music Streaming Service
Google Inc (NASDAQ:GOOGL) is planning to up its music streaming service business in the coming weeks in a bid to explore the fast growing market. With more people spending more time on mobile devices, video and music streaming have become part of people’s daily lives. The new music streaming service is coming slightly more than…
Yahoo! Inc. (YHOO) Worth More Post Breakup Says Gabelli & Co.
It has been a really difficult time for both Marissa Mayer and Yahoo! Inc. (NASDAQ:YHOO), as the activist investors raise pressure for a potential merger. According to the investment advisory firm, Gabelli & Co., the last decade Internet giant is worth more if broken into meaningful businesses. Starboard Value LP raised its pressure on Yahoo!…
Microsoft Corporation (MSFT) Targets Increasing Its Market Share Of Touch Screens And Being More User Friendly With The Introduction Of Windows 10
On September 30, 2014 at an event in San Francisco, Microsoft Corporation (NASDAQ:MSFT) announced its new operating system namely Windows 10. To highlight the advancement in this version the company skipped the number 9 after previous version of the operating system. To meet the needs of its customers the company also introduced Windows Insider Program.…
Netflix, Inc. (NFLX), Adobe Systems Incorporated (ADBE), Palo Alto Networks Inc (PANW): Top 3 New Stocks of Partner Fund Management
Christopher Medlock James manages Partner Fund Management with current portfolio exceeding $5 billion and 0.91% portfolio change in the last quarter, as per its latest SEC 13F filing. Partner Fund Management has its primary investments in Service and Healthcare industry. Netflix, Inc. (NASDAQ:NFLX), Adobe Systems Incorporated (NASDAQ:ADBE), Palo Alto Networks Inc (NYSE:PANW) are the top…
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…
AT&T Inc. (T) Beating Verizon Communications Inc. (VZ) in Connected Car Deals
In the dynamic world of technology, things change so fast so that if a company focuses too much on something and overlooks innovation, that company is highly likely to trail its competitors. And Verizon Communications Inc. (NYSE:VZ) could be that company. Its biggest rival AT&T Inc. (NYSE:T) has forged new partnerships with auto companies for…
Yahoo! Inc. (YHOO)’s CEO Under Huge Pressure from Activist Investors to Improve Growth
Being the CEO of Yahoo! Inc. (NASDAQ:YHOO) has not been an easy task for Marissa Mayer who is facing a continuous pressure from investors to improve company’s performance. Starboard Value LP is among the latest challengers who are demanding for a merger of Yahoo! Inc. (NASDAQ:YHOO) and AOL, Inc. (NYSE:AOL). Alternative Investment Management & Research…