Apple Inc. (NASDAQ:AAPL) has done very well recently with iPhone 6 and 6 plus launch, breaking its previous sales records. Major shareholder in Apple, Carl Icahn has recently stated that the stock is worth $203 per share, which is currently hovering at $100 per share and Icahn has asked for Apple to buy back shares to realize the true value of the stock. He mentioned that Apple Inc. (NASDAQ:AAPL) is definitely a good buy for investors. President of NewOak Capital, James Frischling responded to a viewer’s question about stock to buy and Apple stock on Fox Business. Ron, a Fox…
Author: Nina Todic
Microsoft Corporation (NASDAQ:MSFT)’s Office package has become a business critical tool for day to day activities of almost every business. Quip is an online collaboration service, dubbed by many as “mobile-first word processor” founded by former Facebook Inc (NASDAQ:FB) CTO, Bret Taylor. Quip has recently launched its spreadsheets, which will integrate into the software, rather than operating as a separate software as in Microsoft’s Office package. So Can the Quip Spreadsheet bridge the gap that Microsoft has left between Word and Spreadsheet? Quip CEO, Bret Taylor talked on Fox Business about the latest Quip Spreadsheet. Taylor said that people’s work…
LinkedIn Corp (NYSE:LNKD) has not been among the favorite stocks for many investors and hedge funds. This was mainly due to the fact that in comparison to other social media stocks like Facebook Inc (NASDAQ:FB) and Twitter Inc (NYSE:TWTR), LinkedIn Corp (NYSE:LNKD) wasn’t performing very well. But, Dorsal Capital, led by Ryan Frick, Jeff Barnett and Youli Petkov is bullish on LinkedIn to grow big in the days to come. Insidermonkey editor, Meena wrote about Dorsal Capital’s liking towards LinkedIn through their 2Q Investor letter in her LinkedIn group. Meena said that Dorsal Capital is a young hedge fund with…
Apple Inc. (NASDAQ:AAPL)’s CEO Tim Cook received an open letter from activist investor Carl Icahn. He asked the company to accelerate the stock repurchasing in order to realize the true value of Apple shares, which Icahn thinks is currently undervalued. Icahn’s Icahn Capital Lp hold around 53 million shares and is currently the largest Apple Inc. (NASDAQ:AAPL) shareholder. Meanwhile, Apple has responded to Icahn’s letter. CNBC’s Carl Quintanilla reported the Apple’s response to Icahn’s letter in CNBC. “We always appreciate hearing from our shareholders. Since 2013 we’ve been aggressively executing the largest capital return program in corporate history. As we’ve…
Apple Inc. (NASDAQ:AAPL) has planned for an event on October 16 and invited tech media for the same. It is not long back that Apple launched its iPhone 6 and 6 plus and Apple Pay. Many expect that the new iPads will be launched during the event. Bloomberg’s Tim Higgins talked on Bloomberg TV about Apple’s October 16 event and details of the new iPad tablets to be launched ahead of the holiday season. Apple Inc. (NASDAQ:AAPL)’s iPad sales were decreasing for the last two quarters and with the injection of larger screen iPhone in the phablet sector, many expect…
GoPro Inc (NASDAQ:GPRO) stock has almost quadrupled since its debut in July, with hitting an intraday high of $98.47 on Tuesday. Many GoPro shareholders have enjoyed the steep rise in the stock value, but many analysts who bet against the rise of GoPro stock feels annoyed by the consistent growth of its value. A ‘MoneyBeat’ article discussed about the GoPro stock and classified it as a Classic ‘pain trade’. When a company stock trades in exact opposite direction to the expectation of many and inflicts pain to majority of the people, the stock can be termed as a ‘pain trade’,…
Google Inc (NASDAQ:GOOGL) uses Street View technology to capture the panoramic views of streets, lakes, parks, etc and feature the images in Google Maps and Google Earth. Google Inc (NASDAQ:GOOGL) generally puts the cameras on cars, boats and people to get the tour of different places in the world. But how did they tour the Arabian Desert? Bloomberg’s Adam Johnson reported the unique way that Google Inc (NASDAQ:GOOGL) has used to capture 360 degree images of the Arabian Desert on Bloomberg TV. Johnson reported that Google Inc (NASDAQ:GOOGL) has mounted a camera on the hump of a 10-year old camel…
Facebook Inc (NASDAQ:FB) has made a lot of targeted ads based on information collected from user’s profile, likes, dislikes and recently visited web portals, etc. These types of targeted ads are the main revenue generator for a company like Facebook Inc (NASDAQ:FB). In a recent revelation, Facebook has started to target users with advertisements based on their most recent location. Bloomberg’s Guy Johnson reported about the Facebook’s location based targeted ads on Bloomberg TV. “Facebook will start targeting users with advertisements based on their most recent location as part of a drive to pitch revenue by expanding its use of…
Many people believe that Apple Inc. (NASDAQ:AAPL)’s Pay product is the solution to the hack attacks on credit cards. JPMorgan Chase & Co. (NYSE:JPM) computer networks were hacked earlier this year and some reports suggest that nine other unnamed financial institutes were hacked. Wall Street Journal’s Robin Sidel talked on Fox Business about the how Apple Pay can help in credit card hack situation. Some reports even suggest more that 100 million American’s personal information might have been compromised in the alleged hack attacks on JPMorgan Chase & Co. (NYSE:JPM) and nine other financial institutes. Is Apple Inc. (NASDAQ:AAPL)’s Pay product the…
International Business Machines Corp. (NYSE:IBM) continue the trend of unloading their non-profitable business. In a recent announcement, they sold a low end server unit to Lenovo Group Limited. IBM made one such attempt to sell its chip-manufacturing unit to GLOBALFOUNDRIES U.S. Inc. But the deal was broken down in July due to disagreement between the two companies on payments. Brittany Umar reported on ‘The Street’ that IBM has resumed their talks with GLOBALFOUNDRIES U.S. Inc. with an upgraded deal. Umar mentioned that International Business Machines Corp. (NYSE:IBM) is reportedly back in talks with GLOBALFOUNDRIES U.S. Inc. for the deal to…
Tesla Motors Inc (NASDAQ:TSLA) is expected to make an announcement on October 9 event. Tesla’s CEO, Elon Musk has earlier triggered a lot of speculations with a tweet regarding the October 9 event, which said “Time to Unveil the D and something else”. Many concluded that the event will unveil the latest Tesla’s Model D vehicle, but ‘something else’ has triggered a lot of guess game from investors and public. Brittany Umar reported on ‘The Street’ about the speculations surrounding the October 9 event and expectations out of it. Umar pointed out that the Musk’s tweet has sparked a lot…
Is Apple Inc. (NASDAQ:AAPL)’s Apple Pay product the solution to the credit card and personal banking information being hacked and stolen? JPMorgan Chase & Co. (NYSE:JPM) computer networks were reportedly breached and hacked earlier this year. JPMorgan is continuing to investigate the extent of damage to the customer’s financial and personal information. Meanwhile NY times reports suggest that nine other unnamed financial institutes were attacked by hackers in an attempt to steal the financial and personal information. CEO of Night Lion Security, Vinny Troia talked on Fox Business about the JPMorgan incident and the advantages of Apple Pay product. “I…