Alibaba Group Holding Ltd (NYSE:BABA) may have just debuted at the New York Stock Exchange (NYSE) but Eunice Yoon of CNBC reports that the Chinese people wish that they could buy the company’s stock too or have a large enough bourse that can handle an initial public offering such as this. The revelation that the Chinese people also want to buy shares of the Alibaba Group Holding Ltd (NYSE:BABA) which was founded by Jack Ma, a former English teacher, comes after the company priced its shares on the NYSE at $68 per share. The company stands to raise $21.8 billion…
Author: Solon Harmony B. Dolor
Microsoft Corporation (NASDAQ:MSFT) is the top stock in Jeff Ubben’s portfolio. It is also a stock that Jim Cramer and Stephanie Link of The Street will buy more of in the near future, the duo revealed in a discussion about the technology veteran. The comment from the industry observers comes as Microsoft Corporation (NASDAQ:MSFT) triggered a negative reaction in the market after it announced on Tuesday an 11% increase of its quarterly dividend. Though substantial, Cramer said in the discussion that it is the smallest percentage increase in the company’s quarterly dividend in the past five years. Nonetheless, both Cramer and…
The billionaire founders of Tesla Motors Inc (NASDAQ:TSLA) and Amazon.com, Inc. (NASDAQ:AMZN), Elon Musk and Jeff Bezos, are about to go head-to-head in a battle for space supremacy, a report from Betty Liu on Bloomberg’s “In The Loop” reveals. The new rivalry between the bosses of Tesla Motors Inc (NASDAQ:TSLA) and Amazon.com, Inc. (NASDAQ:AMZN) was sparked after Bezos, with his firm Blue Origin, LLC, partnered with the United Launch Alliance (ULA) to challenge Musk’s Space Exploration Technologies Corporation (SpaceX) in a bid to win space contracts with the government of the United States. ULA is a partnership between The Boeing…
Is Google Inc (NASDAQ:GOOGL) a better investment than Apple Inc. (NASDAQ:AAPL)? Google Inc (NASDAQ:GOOGL) triumphed over Apple Inc. (NASDAQ:AAPL) as the better investment choice at the moment in a discussion among the Fast Money traders of CNBC. Among Tim Seymour, Pete Najarian, Brian Kelly and Guy Adami, only Najarian chose Apple Inc. (NASDAQ:AAPL) as the company he will invest if asked now while the rest went with Google Inc (NASDAQ:GOOGL). According to Najarian, he would chose Apple Inc. (NASDAQ:AAPL) over Google Inc (NASDAQ:GOOGL) at the moment because while he admittedly hates the Apple Watch, he thinks that this, along with their…
Alibaba Group Holding Ltd (NYSE:BABA) is trying to avoid the blunder that was the Facebook Inc (NASDAQ:FB) initial public offering, CNBC’s Closing Bell hosts discussed. Part of the things Alibaba Group Holding Ltd (NYSE:BABA) is ensuring so that they will not repeat Facebook Inc (NASDAQ:FB)’s mistakes is that the market can handle the sheer volume their listing on the New York Stock Exchange, CNBC Senior Writer John Jannarone said in the segment. However, he did note that the NASDAQ exchange where Facebook Inc (NASDAQ:FB) is not all run by computers and systems as most people have the impression of. NASDAQ…
Amazon.com, Inc. (NASDAQ:AMZN)’s new tablets and electronic readers are about the company’s ecosystem and not just about the hardware of its devices, Jon Fortt said in a report on CNBC about the recently launched products of the electronic retail giant. The products launched by Amazon.com, Inc. (NASDAQ:AMZN) are the new Fire HDX, Fire HD 6, Fire HD 7 and Kindle Voyager. There is also a new Amazon Fire HD Kids Edition launched by the company at its event in New York. “They are going strong into this and it just sort of shows that right now, we are beyond the…
Netflix, Inc. (NASDAQ:NFLX)’s employees who get paid to watch movies and shows were featured in a report by CBS. In the report by CBS News correspondent Ben Tracy, Netflix, Inc. (NASDAQ:NFLX) was revealed to have a select group of part-time employees called “taggers” who watch content for the company and add tags about the shows and movies into the company’s database. These tags help the company make the recommendations it gives to subscribers. According to Josh Garrell, one of the employees of the company who works as a “tagger,” his job is essentially to memorize as much information about a…
Netflix, Inc. (NASDAQ:NFLX) is being asked by a group of content rights holders in Australia to block the access of Australians to the U.S. version of the site via Virtual Private Networks (VPNs), a report from CNET Australia reveals. The comment comes as Netflix, Inc. is reported to be coming to Australia. The move from the U.S. company to the Land Down Under follows its continued expansion in Europe. CNET Australia reports that Simon Bush, chief executive officer of the Australian Home Entertainment Distributors Association (AHEDA), said that while his organization is not lobbying Netflix, Inc. (NASDAQ:NFLX) to block VPN…
BlackBerry Ltd (NASDAQ:BBRY) may be debuting a smartwatch and even smart glasses in the future as the company is reportedly researching wearables, a report from Mobile Commerce Press reveals. The revelation was made by BlackBerry Ltd (NASDAQ:BBRY) executive John Sims who heads enterprise for the phone maker. Sims said in a roundtable at the CTIA Super Mobility Week in Las Vegas that the company is looking at wearables. “We’re doing internal research on different wearables,” Sims is quoted by Computerworld as saying. According to the publication’s Matt Hamblen, the wearable technology being researched inside the Canadian company’s laboratories includes smartwatches…
Fans of Google Inc (NASDAQ:GOOGL)’s Android mobile operating system have one less reason not to choose Apple Inc. (NASDAQ:AAPL)’s iOS platform, Bloomberg’s Sam Gobart said in his review of the new iPhone 6. The comparison between Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOGL) comes after the Cupertino, California-based phones manufacturer recently unveiled the iPhone 6, iPhone 6 Plus and Apple Watch. “If you’re coming from Android, well, you’ve known about larger screen phones for years. But now that Apple makes one, you have one less reason to choose Android over iOS and I happen to think iOS is the better…
Google Inc (NASDAQ:GOOGL) would be a better investment choice than Apple Inc. (NASDAQ:AAPL), Peter Thiel said in an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box”. The comment from the legendary investor who co-founded PayPal, Inc. before becoming one of the very first angel investors of Facebook Inc (NASDAQ:FB) comes after Apple Inc. (NASDAQ:AAPL) launched new products including the iPhone 6, iPhone 6 Plus and Apple Watch. Google Inc (NASDAQ:GOOGL) is also expected to debut the Nexus 6 smartphone in the next couple of months. “I’d probably still go with Google. The risk with Apple [is] that at some…
Yahoo! Inc. (NASDAQ:YHOO) and Alibaba Group Holding Ltd (NYSE:BABA) may be getting a lot of headlines at the moment because of the latter’s impending listing on the New York Stock Exchange but the electronic commerce giant has a major hurdle it needs to overcome, Eunice Yoon discussed in a report on CNBC. According to the CNBC correspondent, the flaw with Alibaba Group Holding Ltd has a lot to do with intellectual property and the counterfeits being hawked through its main site and on Taobao.com, a site the company also owns. According to Yoon, brands claim that the Yahoo! Inc. (NASDAQ:YHOO)-connected…