Experts on Bloomberg discussed a recent article by Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg on Wall Street Journal. They also focused on how Mr. Zuckerberg is grooming the next generation of Facebook employees. As for tapping of talents, Mr. Zuckerberg is providing internship opportunities in his company at attractive perks in the neighborhood of $6,000 per month. However, the discussion was dominated by affordable Internet. Facebook Inc (NASDAQ:FB)’s CEO said in his article that Internet access is one of the fundamental challenges of his generation. “Today, only a little more than one-third of the world is connected,” he noted. He thinks that…
Author: Neha Gupta
In the show ‘Making Money with Charles Payne,” Fox Business News contributor and host of the show, Charles Payne, gives his comments to viewers on Zillow Inc (NASDAQ:Z) as well as on airlines like Southwest Airlines Co (NYSE:LUV) and American Airlines Group Inc (NASDAQ:AAL). Speaking about airlines, Payne said that there was a time when people avoided airlines stocks as most of them i.e. nearly 200 airlines had closed from 1979 to the recent past. He said that in spite of all this, airlines have been allowed to consolidate as well as charge consumers for each and every service like for…
Pete Pachal, Senior Technology Editor at Mashable, was on Fox Business to discuss the future of Apple Inc. (NASDAQ:AAPL) especially in view of the expected new product launches this year. Apple is expected to unveil iPhone 6 later this year, and Mr. Pachal weighed in on the matter saying that Apple has two phones in the works for the fall. He went on to state that the new iPhone devices will have bigger displays, almost the kind of what Samsung S5 already features. Therefore, it won’t be surprising for Apple Inc. (NASDAQ:AAPL) to unveil iPhone 6 with 4.7-inch and 5.5-inch…
On CNBC, Wal-Mart Stores, Inc. (NYSE:WMT) CEO for the U.S., Bill Simon, discussed how the company is trying to cope with its new challenges amid industrywide stress. The executive said they are fighting hard to regain sales, although he admitted that their core consumers were still facing economic challenges that have reduced their purchase power. The company is witnessing weakening demand in the U.S. especially in the same-stores where sales have either dropped or remained stagnant over the last five quarters thanks to the competition from drugstores and dollar stores such as Dollar General Corp. (NYSE:DG). According to Mr. Simon,…
Discussing the market on Bloomberg West, Yahoo! Inc. (NASDAQ:YHOO)’s chairman, Maynard Webb, talked about business fundraiser and how CEOs should deal with crises when they come. “Problems don’t get better with age,” Webb said. With the discussion focusing on Box, which raised $150 million by offering a stake in the company to two institutional investors, Mr. Webb said that the CEO Aaron Levie cannot be criticized on the timing of the fundraiser move. “Market time is not something that you try to get perfectly right. You try to build the business for the long haul.” he said. Although the Yahoo! Inc.…
The second half of the year looks set to be another exciting period for anyone willing to make a fortune out of the stock markets. SunTrust Robinson Humphrey’s Bob Peck picked Amazon.com, Inc. (NASDAQ:AMZN), Facebook Inc. (NASDAQ:FB) and Google Inc. (NASDAQ:GOOG) as the top three pullback picks worth investing, in an interview with the Fast Money Crew on CNBC. Mr. Peck first pick was Amazon.com, Inc. (NASDAQ:AMZN), on rolling out a new phone that should have an impact on its stock in terms of earnings from sales. Amazon.com, Inc. (NASDAQ:AMZN) has a forecast of $20 billion in revenue for this quarter coming…
Giant electric maker Tesla Motors Inc. (NASDAQ:TSLA) is currently facing a trademark lawsuit in China from a businesswoman who is demanding the automaker stops its sales and marketing activities. In an interview on CNBC News, Northland Capital Markets’ senior research analyst, Colin Rusch, said that there is nothing to worry about on the case, considering the Chinese court had earlier ruled in favor of the automaker. Mr. Rusch believes that this is just a last gasp attempt by the Chinese businessman to extort money from Tesla Motors Inc. (NASDAQ:TSLA), going as far as saying he believes the case is 99.9%…
On the latest news on AbbVie Inc. (NYSE:ABBV), CNBC’s David Faber reported about the recent raising of the takeover offer by AbbVie Inc. (NYSE:ABBV) for Shire PLC (ADR) (NASDAQ:SHPG). Faber said that the AbbVie takeover bid comes just after Pfizer Inc. (NYSE:PFE)’s failed attempt last month to takeover AstraZeneca PLC (ADR) (NYSE:AZN). Pfizer’s attempts failed after AstraZeneca declined its offer. Moreover, the deal had attracted the attention of U.S. lawmakers, for attempt to save on taxes through the deal. The latest takeover offer amounts to 51.15 pounds a share and is higher than the previous offer of 46.26 pounds. The previous offer,…
Dow Jones Industrial Average (INDEXDJX:DJI) finally hit the 17,000 mark last week, after the U.S government announced that the economy generated more jobs consequently resulting in a decline in the unemployment rate to 6.1%. The biggest question on Wall Street at the moment is whether all the actions has come and gone considering the Dow has again slipped below 17,000. MKM Partners Executive Director Jonatan Krinsky was at hand to give some of the reasons why he thinks Cameron International Corporation (NYSE:CAM) and E TRADE Financial Corporation (NASDAQ:ETFC). Will perform better in the future in an interview on Fox Business…
Experts on Fox Business’ Making Money discussed various Wall Street stocks, focusing on how investors can bet on them. The discussion included FBN’s Charles Payne, David Nelson, the Chief Strategist at Belpointe and Matt McCall of Penn Financial Group, among others. One of the stocks that came up on the focus was SandRidge Energy Inc. (NYSE:SD), a company that explores and produces oil and natural gas properties. Payne considers the stock as a Hold citing that Wall Street is starting to like the company. He went on to note that the stock has made extensive investment in its infrastructure, and…
Amazon.com, Inc. (NASDAQ:AMZN) has been dragged into a major tax crackdown by the EU after officials demanded documents relating to its tax affairs in Europe. EU’s officials have already instructed Luxemburg where the company’s European business operations are headquartered to hand over details on the company’s tax payments for further verification. Matt Welch, ‘The Independent’ Co-Host, in an interview on Fox Business News affirmed that Amazon shareholders need not, to worry as these things are about policies in Luxemburg and Ireland. “On the narrow question of whether Amazon is going to be affected by this particular lawsuit. I would say…
The slow-video blame has taken a new dimension after Google Inc. (NASDAQ:GOOG)’s YouTube joined Netflix, Inc. (NASDAQ:NFLX) in accusing Internet Service providers (ISP’s) of slow internet speeds. The recent problems have already highlighted the reason YouTube is trying to get into the ISP business according to former Collegehumor CEO, Paul Greenberg, in an interview on Fox Business news. The ISP’s in a retaliation of the allegations are already planning to charge more, on people who use them heavily. “The ISP’s don’t want to be seen as a utility and just seen as dump pipes. So they have decided they are…