FireEye Inc (NASDAQ:FEYE)’s stock has formed its bottom it seems as the company is back in investors’ radar after the recent security breaches and leaks. The stock has had wild swings this year, moving higher from $37 levels and reached $97 levels in early April, only to collapse back to sub $30 levels by the end of May. Recently UBS changed its rating on the cybersecurity company’s stock to ‘Buy’ from ‘Neutral’ and since the announcement the stock has been flying. Brent Thill from UBS was on CNBC recently to discuss why his firm changed its rating on FireEye Inc…
Author: Ritesh Anan
Ritesh Anan
Ritesh Anan is a full-time derivatives trader. Though he firmly believes in the power of Technical Analysis, he is also a lifelong student of macroeconomics. In his free time, he reads anything and everything that comes from Robert J. Shiller, George Soros and Nassim Nicholas Taleb.
Twitter Inc (NYSE:TWTR) is making some rapid change in its top management team. It recently came to light that the company’s head of product communications, Carolyn Penner, will be heading Vine’s communication and marketing. Re/code revealed this news in one of its posts recently. Penner will leave Twitter Inc (NYSE:TWTR)’s office in Silicon Valley and relocate to the New York City for her new job. Vine is a company that specializes in six second video sharing service, it was acquired by Twitter Inc (NYSE:TWTR) in October, 2012. Penner is the oldest serving member of Twitter Inc (NYSE:TWTR)’s communication team. According…
Yahoo! Inc. (NASDAQ:YHOO) launched a content management and advertising tool, Yahoo Recommends, for digital publishers. The company announced the launch of the tool in one of its blogposts on Tumblr yesterday. According to the company, the technology used in Yahoo Recommends helps users on a website to easily discover a publisher’s content. Yahoo Recommends also integrates a native advertising unit on the website that uses it, enabling digital publishers to monetize their website in a better way. Yahoo Recommends comes in different shapes and sizes, such that it can be accommodated on any website layout on smartphone or PC. The…
Microsoft Corporation (NASDAQ:MSFT) is trying its best to keep its customers within its ecosystem. The company has announced the rolling out of Office Delve to Office 365 business customers, in a post on its Office blog. Office Delve is a unique app, which according to the company lets information find the user instead of the user finding the information. On first look, the Office Delve App seems like a mix of LinkedIn, Facebook and productivity tools. The app uses Office Graph to find the content that might be relevant to a user and displays it in a card-based design, which…
There is no stopping Facebook Inc (NASDAQ:FB) it seems. The company’s stock is up a whopping 77.2% for the year, based on yesterday’s closing price and is trading near its all time high. But that’s not the exciting part; the exciting part is that the company for the first time in its history has crossed market valuation of $200 billion. Cory Johnson discussed the rise of Facebook Inc (NASDAQ:FB) on Bloomberg recently. Johnson revealed that with its valuation crossing $200 billion, Facebook Inc (NASDAQ:FB) is now the 22nd most valuable company in the world and, in terms of market cap,…
The relationship between T-Mobile US Inc (NYSE:TMUS) and Chinese telecommunication equipment manufacturer, Huawei is over. The reason behind this break-up appears to be the allegations that T-Mobile US has levied on Huawei of stealing its robot-testing technology. While Huawei is refuting these allegations, T-Mobile US Inc (NYSE:TMUS) has gone ahead and stopped doing any kind of business with Huawei. Chris Carani, Former Law Clerk for U.S. District Court, and Cory Johnson discussed on this issue recently on Bloomberg. “[…] This particular diagnostic robot, tests the reliability of those particular buttons on a phone and as part of that, there were…
eBay Inc (NASDAQ:EBAY) is diversifying its payment platform PayPal to the brick and mortar world. While PayPal has arguably been the best payment medium on the internet, it was always searching for ways to get into physical payments. With eBay Inc (NASDAQ:EBAY)’s blessings, PayPal recently launched an app which allows users to make payments through their mobile phones. The app is said to have been downloaded a whooping 150 million times in the span of a month. Lauren Simonetti and PayPal’s Head of Consumer PR Pablo Rodriguez recently discussed the new app and its capabilities on Fox Business. “[…] Your…
Facebook Inc (NASDAQ:FB) is arguably the largest Internet company in the world in terms of users and it continues to add more. Africa remains an unchartered territory for most business, owing to the complexities of the land, but not for Facebook Inc (NASDAQ:FB). The company has users across Africa and sees immense growth potential in the continent in the future. A recent article on Reuters pointed out the growth that Facebook Inc (NASDAQ:FB) has witnessed in Africa and its future plans for the continent. According to the article, 1 in 10 residents of Africa logs on to the world’s largest…
Microsoft Corporation (NASDAQ:MSFT) has recently come up with a preview of the new MSN. The software company is trying hard to make its presence felt in the world where internet giants call the shot. Even though MSN and Bing haven’t met with the success that the company expected from them, Microsoft is constantly trying to improve on them, in the hope that it will catch users fancy some day. Microsoft Corporation (NASDAQ:MSFT) published a post on its official blog recently, in which it revealed the features that the new MSN comes with. Taking serious note of the strategy prescribed by…
General Motors Company (NYSE:GM) is trying its hand at autonomous cars. While Google Inc (NASDAQ:GOOGL) is experimenting with the same, it’s General Motors that is actually going to launch semi-autonomous vehicle in the near future. Innovation in the automobile space used to be the forte of Japanese companies like Toyota Motor Corp (ADR) (NYSE:TM) and Honda Motor Co Ltd (ADR) (NYSE:HMC), who showed others how it’s done, but it seems that tide is reversing now. Phil LeBeau explained today on CNBC, what General Motors Company (NYSE:GM)’s plan are regarding autonomous plans and what its CEO, Marry Barra, feels about it in an…
Yahoo! Inc. (NASDAQ:YHOO)’s stock is on every investors’ radar, owing to the upcoming IPO of the Alibaba Group. Yahoo! Inc. (NASDAQ:YHOO) is a major shareholder in the Alibaba Group, and based on the valuation that the Street is expecting the Alibaba Group to debut, Yahoo’s stake could be worth in upwards of $40 billion. It’s important to remember that Yahoo! Inc. (NASDAQ:YHOO)’s current market cap also comes at near $40 billion, which basically means that the Street is valuing Yahoo’s core business to be worth almost nothing. Patrick Armstrong, CIO of Plurimi Investment Managers, discussed today on CNBC, what makes…
BlackBerry Ltd (NASDAQ:BBRY) is getting all the attention in the last two weeks it seems. The company which was little talked about in media in recent years saw itself becoming the talk of the town after the iCloud leaks. BlackBerry Ltd (NASDAQ:BBRY) is also coming up with new devices, to gain back the foothold it once enjoyed in the Smartphone world. Engadget recently came up with a post, which featured leaked photos and information regarding BlackBerry Ltd (NASDAQ:BBRY)’s upcoming ‘Classic’ smartphone. According to the post, the picture of the device originated from the Weibo account of a BlackBerry Ltd (NASDAQ:BBRY)…