The President of the US, Barack Obama, is going to deliver an important speech on Wednesday in which he is expected to announce some key developments regarding US’s future policy in the Middle East. In a program on CNBC, Jim Cramer talked about this speech and said that the coming months are going to be important in terms of US military escalations. As a result, the defense stocks are expected to go higher. Cramer mentioned some stocks of weapons manufacturers and predicted that they will become buys in the coming days. These stocks include Alliant Techsystems Inc. (NYSE:ATK), Raytheon Company…
Author: Sean Johnson
Intel Corporation (NASDAQ:INTC) has announced that it is set to launch a smart bracelet during the opening ceremony Spring/Summer 2015 fashion show which is scheduled New York’s Fashion Week. CNBC’s Courtney Reagan reported on this news and said that there will be two versions of this new bracelet that will be on sale in the holiday season. The bracelet will be made up of white and black leather and will have gemstones on it. There will be a smart screen on the back side of the bracelet. AT&T Inc. (NYSE:T) is the exclusive carrier for this smart wearable by Intel Corporation. The price…
Intel Corporation (NASDAQ:INTC) is set to launch its first wearable smart bracelet, My Intelligent Communication Accessory (MICA). This smart bracelet will have a leather strap, a usb port, curved sapphire touchscreen display and gemstones. It will cost around a $1,000. Intel Corporation (NASDAQ:INTC) will reveal it on Opening Ceremony’s spring/summer 2015 fashion show. Discussing this new launch by Intel in a program on CNBC, experts said that this is a smart, innovative move by Intel Corporation (NASDAQ:INTC) to cease the wearables market, which has a lot of potential. CNBC’s Pete Najarian said that Intel is trying to be innovative with…
Tesla Motors Inc (NASDAQ:TSLA)’s CEO Elon Musk has hinted that his company and Toyota Motor Corp (ADR) (NYSE:TM) can sign a deal over the next two or three years, Reuters said in an article. Tesla Motors Inc (NASDAQ:TSLA) and Toyota Motor Corp (ADR) (NYSE:TM) are currently about to end their existing joint program during which, Tesla made batteries and motors for Toyota’s RAV4 electric SUVs. So far, Toyota was able to sell only 2,000 of these cars. Both the companies have also been indulged in war of words regarding the use of hydrogen fuel cell technology, but the new statement…
Twitter Inc (NYSE:TWTR) has finally announced that it is rolling out the ‘Buy Now’ Button, company’s first commerce product. Buy Button will let users buy within tweets. After pressing the ‘Buy Now’ button, users will enter the necessary information about payment and shipping and the buying process will be complete within a few taps. CNBC’s Julia Boorstin reported about this new feature of Twitter and said that the company is having a number of test partners at this step, including Burberry, HomeDepot, Eminem, and Rihanna. She also showed the excerpts from an interview of Nathan Hubbard, Twitter Inc (NYSE:TWTR)’s head of…
Apple Inc. (NASDAQ:AAPL) has invited numerous Fashion editors and bloggers to its mega product launch event on September 9, Reuters reported. This is a strong indicator that the tech giant has plans to reveal its much awaited wearable, the iWatch. iWatch will be the first new wearable product from Apple under its CEO Tim Cook. iPhone 6 is confirmed to be revealed at Tuesday’s event. Reuters quoted Lea Goldman, features and special projects director for Marie Claire magazine, who is invited to the event and said that fashion experts are now almost certain that Apple will release the iWatch. Last month,…
In a program on CNBC, Jim Cramer said that Alibaba and Vipshop Holdings Ltd – ADR (NYSE:VIPS) are great options for the investors in the future. He talked about Alibaba’s IPO that is coming to the US next week and said that Alibaba is the fastest growing Chinese company and has a lot of potential to perform in the US. He said that Alibaba can further get a boost if it can penetrate into adjacent markets like India. Last year, Alibaba’s revenue went up by 62%. The company’s website processed transactions of no less than $248 billion which is more…
Jack Ma, the CEO of Alibaba has priced much awaited IPO of the company in the US at a lower price contrary to the expectations of the investors. Discussing this issue in a program on CNBC, Roger Kay, president at Endpoint Technologies, said that this is a smart move by Alibaba’s CEO as he has learnt from the Facebook Inc (NASDAQ:FB)’s disastrous debut. Alibaba is also paying $15.8 million in legal fees for its IPO ,which is six times that of what Facebook Inc (NASDAQ:FB) paid two years ago. “Jack Ma is very astute and he noticed that Facebook Inc…
Amazon.com, Inc. (NASDAQ:AMZN) has announced that it will use the US Postal Service (USPS) for delivering meat, dairy products and other groceries to customers in San Francisco Bay area. Amazon.com, Inc. (NASDAQ:AMZN) is already working with USPS for Sunday deliveries. Fox Business’ Liz MacDonald reported on the news. “Amazon.com, Inc. (NASDAQ:AMZN) is testing out AmazonFresh, in twenty urban areas now. The Wall Street Journal reporting that Amazon is pairing up with the US Postal service to do small package grocery deliveries in the San Francisco Bay area, those deliveries will occur between 3 a.m. and 7 a.m., so the wee…
A Louisiana federal court has accused BP plc (ADR) (NYSE:BP) of being grossly negligent in the 2010 Deepwater Horizon Gulf of Mexico oil spill. This decision can cost the company around $18 billion in pollution fines. Discussing this ruling in a program on Bloomberg, David Eyton, group head of research and technology at BP plc (ADR) (NYSE:BP), said that the company had rejected the decision made by the court and it will file an appeal against it. He said that the facts presented in court do not justify the decision. Eyton admitted that the company has learnt from the disaster. “[…]…
Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR) and Google Inc (NASDAQ:GOOGL) recently organized some events in Seattle, the home town of Microsoft Corporation (NASDAQ:MSFT) and Amazon.com, Inc. (NASDAQ:AMZN), which depicts that famous tech companies are focusing their lens on Seattle. Reuters news agency published a report on this recent trend and said that Seattle is attractive for Silicon Valley companies, mainly because of the lower rates of tech talent. Many mainstream companies from Silicon Valley are considering Seattle as their second most favorite option for technology ventures. The report stated that Microsoft Corporation (NASDAQ:MSFT) now has enough talent in its backyard and most of…
Getty Images has sued Microsoft Corporation (NASDAQ:MSFT) over its new tool, Bing Image Widget, calling it a “massive infringement” of copyrighted images, Reuters news agency reported. Getty images filed a lawsuit against the tech giant in a court in New York On Thursday. Getty Images has the biggest online repository of photos, comprising of more than 80 million photographs. Bing Image Widget was released by Microsoft Corporation (NASDAQ:MSFT) on August 22. This tool allows the website owners and publishers to embed digital photographs on their website. According to Reuters, Getty Images claims that Microsoft Corporation (NASDAQ:MSFT)’s new tool does not take…