Tesla Motors Inc. (NASDAQ:TSLA)’s valuation has become a major concern as the company’s stock has gone through an impressive race. However, the main question that arises now is whether or not Tesla’s stock is overvalued. Today the stock has picked up around 2%, following a significant downfall that it experienced after Morgan Stanley (NYSE:MS) and the company’s CEO, Elon Musk, said that the stock is, in fact, priced too high. The main concern, according to CNBC’s Allen Wastler is the fact that the stock was going to too far, too fast, then it should. “Tesla Motors Inc. (NASDAQ:TSLA) stock kind of took a…
Author: Neha Gupta
LinkedIn Corp (NYSE:LNKD)’s stock has maintained a consistent run in the market, since Mayand is consequently up by 51%. One could be mistaken to think that after such a big percentage gain, investors would shy away from the stock. During an interview on CNBC, co-founder and Managing Director of Winblad Venture Partners, Ann Winblad, announced she was replacing Amazon.com, Inc. (NASDAQ:AMZN) from her portfolio with LinkedIn. On May 12, 2014, Winblad selected Amazon.com, Inc. (NASDAQ:AMZN), Google Inc. (NASDAQ:GOOG) and salesforce.com, inc. (NYSE:CRM) as her favorite picks, but has since replaced Amazon with LinkedIn Corp (NYSE:LNKD). Winblad believes that LinkedIn has…
Apple Inc. (NASDAQ:AAPL)’s iPhone 6 launch came with its fan fair and glamour leaving behind the moment of reckoning for many consumers as to whether a switch will be in order. Mashable editor-at-large Lance Ulanoff in an interview on Fox Business reiterated that preference will play a big role in people buying iPhone 6. Ulanoff believes that Apple Inc. (NASDAQ:AAPL) did the right thing to unveil two iPhone’s this time, considering the phablet market is well proven and with sustainable growth potential. Ulanoff, having met with people from Samsung, acknowledged the fact that consumers nowadays prefer big phones thus the…
One month on the job, Sprint Corporation (NYSE:S) CEO, Marcelo Claure, believes that the company has the ability to raise its market share from the 16% it currently controls. an interview on CNBC, he said that the simplification of the industry in terms of competition remains the biggest challenge for the company according to the CEO. “The industry is confusing if you just saw the launch of the iPhone 6 and then you see every carrier throws different offers, I think, if you are a consumer and you look at all this at, it is confusing. You never know what is…
The Boeing Company (NYSE:BA) and Elon Musk’s SpaceX are waiting in anticipation to see who will walk away with over $3 billion for NASA’s manned Space lift project according to Bloomberg. Both companies are thought to be in the pole position for the project, which is to be used to ferry astronauts to space and expected to end the U.S.’s reliance on Russian rockets. Sierra Nevada Corp, which offers winged, shuttle-type vehicles is also in the race for the project but it will be The Boeing Company (NYSE:BA) and SpaceX who will wait with vigor for the confirmation that is…
Google Inc. (NASDAQ:GOOGL) promise to focus on renewable sources of energy is set to come reality for the people of Kern County in California after the company announced plans invest in an 82MW solar power plant in the area. The investment will allow Sunedison Inc. (NYSE:SUNE) provide solar energy for over 10,000 homes in the greater Kern County. According to the company’s official blog, the project is set to cost approximately $145 million. The area has for some time been neglected having been’ depleted of its precious oil reserves that formed the epitome of the economy. Overtime, the oil wells…
Elon Musk, the CEO of Tesla Motors Inc. (NASDAQ:TSLA), has admitted recently that the stock of his company might be overpriced. Musk’s sentiments caused the company’s stock to plummet by 1.4% last week, but the news looks to have faded away, as the stock is further advancing. A post on USA Today Money highlights some of the key points that short term traders ought to pay a closer watch on, before making a move on the stock. Tesla Motors Inc. (NASDAQ:TSLA) is currently trading at 133 times its expected earnings for the next 12 months. Making the stock extremely pricey and even…
IMAX Corporation (USA) (NYSE:IMAX) next play in terms of entertainment is ensuring that convenience is at its best in terms of content delivery to customers. In an interview on CNBC, the CEO of the company, Richard Gelfond, reiterated that cost is not the main consideration when delivering quality entertainment, but essentially it is about ensuring people get their content whenever and wherever they need it. Driven by the need to attract the young generation has seen the company make a number of changes in the way it provides its content. New Technology complimented with quality content is expected to define the…
BlackBerry Ltd (NASDAQ:BBRY)’s portfolio of Z models have been positively received by the markets, especially in Asia, which have been the key focus region of the company. The first model of the line, the Z3 smartphone has been the first device that Blackberry build in partnership with Foxconn. For a long time many thought that Z3 has been designed by Foxconn, which, as a post on the company’s official blog claims, is not true. In fact, Brian Paschke, one of the designers at BlackBerry Ltd (NASDAQ:BBRY), said that he and his team have created the industrial design of the Z3 model. It goes…
Netflix, Inc. (NASDAQ:NFLX) and Time Warner Inc. (NYSE:TWX) are set to be the biggest beneficiaries of the effects of changing television viewing trends, according to Yahoo! Finance’s Michael Santoli. The ongoing change is a concern especially for advertising companies who have always tried to attract the young generation who are known to be susceptible to changes, in terms of product usages. According to a research by MoffetNathanson Research, cited by Santoli, television viewing patterns are changing faster than earlier thought, as Americans under the age of 50 turn away from various TV networks. The research findings were mainly based on…
Backed by Tesla Motors Inc. (NASDAQ:TSLA)’s CEO, Elon Musk, SolarCity Corp (NASDAQ:SCTY) looks to have found its rhythm in the green energy sector, after announcing the initiation of a massive solar project that is set to cover seven states according to Fox Business’ Lauren Simonetti. “And it looks like SolarCity sees better days, ahead the panel installer say it will open 20 new operational centers in seven new states. SolarCity, which is backed but Tesla Motors Inc. (NASDAQ:TSLA)’s founder Elon Musk says, the new centers are expected to create more than 600 additional jobs,” said Mrs. Simonetti. The new centers are…
Amazon.com, Inc. (NASDAQ:AMZN) may be forced to rethink its business strategy going forward, if it is to be able to compete against the more profitable Alibaba, which is closing in on its Initial Public Offering. The upcoming Alibaba IPO according to Warburg Pincus’ Bill Janeway in an interview on Bloomberg is expected to result in a major shakeup on the e-commerce side of the business, in terms of competition between Amazon and Alibaba. Janeway reiterated the fact that Alibaba will be a major competitor for Amazon.com, Inc. (NASDAQ:AMZN) because it is operating in China where it is unchallenged at the moment.…