Tech giants are now focusing excessively on wearables that can help users to track health-related issues. According to a report by Bloomberg, Google Inc (NASDAQ:GOOGL) and Novartis AG (ADR) (NYSE:NVS) now have a deal according to which both companies will work on smart contact lenses that will help in tracking blood-sugar levels for people suffering from diabetis, and improving eye-sight in an innovative way. Novartis AG (ADR) (NYSE:NVS) is a Swiss multinational pharmaceutical company based in Basel, Switzerland, which has top sales records under its belt. Experts think that these smart lenses will be a game changer in the field of…
Author: Sean Johnson
US markets experienced a great trend today as most of the mainstream stocks went up, giving an uplift to the overall market growth and some hope for the investors. Twitter Inc (TWTR) and Facebook Inc (FB) were some of the most pronounced stocks today. Facebook Inc (NASDAQ:FB) successfully defended itself against a lawsuit filed by a holding company called Rembrandt Social Media, which claimed that a Dutch computer programmer, Joannes Van Der Meer, developed a social media service and personal diary app called Surfbook, almost a decade ago. The company alleged that the idea was copied and infringed by Facebook.…
One of the hottest news whirling around in the media is about Yahoo! Inc (NASDAQ:YHOO) CEO, Marissa Mayer and AOL, Inc (NYSE:AOL) CEO, Tim Armstrong, hanging out in a bar for drinks. Both eminences are in Sun Valley for the Allen & company conference, which is often known as summer camp of billionaires. There are much rumors being spread in the media about the possible topics of discussion between these two bosses of tech giants. Some experts think that there may be a major tech deal in the pipeline which is likely to be finalized over the next few weeks…
Semiconductor stocks are facing immense problems these days in the market. Most of the mainstream investors have degraded famous semiconductor stocks from Buy to Sell category amid the quick depreciation in the growth rates and value. Discussing the deteriorating semiconductor stocks, CNBC’s Scott Wapner said that according to the predictable market trends, the semiconductor stocks are not going to get up in the coming weeks. Comparing the stocks of PHLX Semiconductor (INDEXNASDAQ:SOX) and other information technology stock trends, Wapner said that PHLX Semiconductor (INDEXNASDAQ:SOX) is outperforming most of its competitors and PHLX Semiconductor (INDEXNASDAQ:SOX) stocks went up almost double as…
Amazon.com, Inc (NASDAQ:AMZN) has officially requested permission from the Federal Aviation Administration for testing drones for delivering packages in the US. Discussing this development and possibilities regarding the FAA’s response to this request by Amazon.com, Inc (NASDAQ:AMZN), Rebecca MacPherson, Jones Day of Counsel, said in a program on CNBC that there is a possibility that Amazon.com, Inc (NASDAQ:AMZN) gets permission in one way or the other, but there are a number of issues the company will have to deal with. She thinks that FAA will take its time on this issue because there are many complexities involved in this Drone…
The upcoming week will be really important in the stock market as many important big players are going to reveal their earnings for the quarter. Discussing the expectations from mainstream companies and upcoming market trends, Jim Cramer, took a detailed insight on some of the important companies to look forward to in his program, Mad Money, on CNBC. Cramer said that JPMorgan Chase & Co (NYSE:JPM) is going to reveal its earnings on Tuesday and all the investors are looking forward to this report as it will affect the upcoming market lifts. We all know that the investors haven’t been much…
Broadcom Corporation (NASDAQ:BRCM), the American fabless semiconductor company in the wireless and broadband communication business has been on the rise these days and investors are looking into this stock for long term investments. Discussing the stocks to watch in a program on Fox Business, Charles Payne, Gary Goldberg Financial Services President, Oliver Pursche, and Penn Financial Group founder, Matt McCall, discussed the Broadcom Corporation (NASDAQ:BRCM) stock and the possibilities of its future growth in the market. Experts agreed that Broadcom stock is a buy and investors must consider it as a hot stock to watch. Broadcom Corporation (NASDAQ:BRCM) is regarded…
According to media reports, Apple Inc (NASDAQ:AAPL) has lost a patent-infringement case in China over Siri. The patent was filed by Shanghai-based Zhizhen Internet Technology against Apple Inc (NASDAQ:AAPL)’s Siri technology in which Zhizhen touted that Apple Inc (NASDAQ:AAPL) Siri technology is infringing the speech recognition parent owned by it. Fox Business’ Lauren Simonetti reported about this development and said that this clearly is a setback for Apple and the tech giant is likely to go to higher courts with an appeal against the decision. This ruling was made by Beijing’s first court, which as perusing this case since 2012,…
Microsoft Corporation (NASDAQ:MSFT)’s new CEO, Satya Nadella , sent an email to his employees at Microsoft Corporation (NASDAQ:MSFT) about the future of the company and his visions about the upcoming projects and market strategy. Discussing this comprehensive email in a program on Bloomberg, Hardeep Walia, co-founder and CEO of Motif Investing said that this memo was of massive importance because it has hidden nuggets in it regarding Microsoft Corporation (NASDAQ:MSFT)’s future strategy for ceasing the market tilt. He said that Microsoft business model is complex because the company is investing in different platforms and trying to gain the ground in…
Diane von Furstenberg, the owner of fashion designing company and brand of the same name has come up with revamped and stylized version of Google Inc (NASDAQ:GOOGL) Glass and announced that her company will now be officially launching the first lot of this amazing Google Inc (NASDAQ:GOOGL) Glasses for fashion wear very soon. Bloomberg’s Jon Erlichman reported from Sun Valley and said that, Diane von Fürstenberg, formerly Princess Diane of Fürstenberg, was in talks with Google Inc (NASDAQ:GOOGL) since two years. It all started at the Allen and company conference at Sun Valley. The final deal seems to have…
Jim Cramer discussed the reasons behind hammering of Dean Foods Co (NYSE:DF) and made some important predictions about the company in his program, Mad Money on CNBC. Cramer said that Dean Foods Co (NYSE:DF) came down because of milk prices and it will make a strong comeback because milk prices will go down in the coming days. He said that Dean Foods is clearly an underappreciated value stock. “Wall Street is underestimating what Dean Foods Co (NYSE:DF) can earn, even the analysts who are bullish on the stock are forecasting results that I think can be way too pessimistic, everybody is…
Wells Fargo & Co (NYSE:WFC), the American multinational banking and financial services holding company has published second-quarter bank earnings. Discussing his play options and Well Fargo position in a program on Bloomberg, KeeneOnTheMarket.com Strategist, James Ramelli, has discussed the company’s financials and the expectations for the earnings results. “WFC is my favorite stock in the financial space, I definitely think they are best in breed, they have had 17 straight quarters of rising profits, well other competitors in this space have not been as impressive,” said Ramelli. According to the report issued by Wells Fargo & Co (NYSE:WFC), the net…