Amazon.com, Inc. (NASDAQ:AMZN) has been generating a lot of news in the last couple of days and looks it is going to generate a lot more in the coming few days. The company launched its prime music streaming with over 1 million songs today. Investors Brian Kelly and Dan Nathan were debating on the prospects of Amazon.com, Inc. (NASDAQ:AMZN)’s stock on CNBC Fast Money yesterday. While Kelly was bullish about the stock, Nathan took the bearish side. Kelly considers that Amazon.com, Inc. (NASDAQ:AMZN)’s biggest issue is that their media growth is slowing down and hence getting less popular. However, the company…
Author: Viki K.
The top 10 stocks for the day are now out! American International Group Inc (NYSE:AIG), Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) and International Business Machines Corp. (NYSE:IBM) were the top three in the list of stocks. Bloomberg’s Betty Liu, Julie Hayman and Scarlet Fu were reporting on the top 10 stocks for today and these three were at the top in order listed above. International Business Machines Corp. (NYSE:IBM) is on the third place and the company is looking to sell its chip manufacturing unit in China. It’s nearing a deal for its chip manufacturing business as reported on…
Hewlett-Packard Company (NYSE:HPQ) has been working in the field of cyber security for a long time now. However the company has recently increased its focus in this field. Art Gilliland, HP Enterprise Security Products, was on CNBC’s Squawk box earlier today and he was explaining about Atalla, Hewlett-Packard Company (NYSE:HPQ)’s cloud security encryption product. Gilliland started discussing about the encryption technologies of Hewlett-Packard Company (NYSE:HPQ) that it has been using to protect over $9 trillion worth of transactions for their banking and financial clients over the last couple of decades. Explaining the need of Atalla in the cloud environment, he…
Activision Blizzard, Inc. (NASDAQ:ATVI)’s CEO Robert Kotick joined CNBC live from E3 yesterday and he was discussing about the company’s plans for this year and the positives so far. Kotick was excited about the games they are going to release later this year. He began mentioning about the “Call Of Duty” game that Activision Blizzard, Inc. (NASDAQ:ATVI) has developed and is going to release this year. As per Kotick, it is the best of all the Call Of Duty games released so far. “I think our audiences are going to be really excited. The reaction has been unbelievably positive,”…
Jim Cramer began his analysis on athenahealth, Inc (NASDAQ:ATHN) in his show Mad Money and he in the usual style compared athenahealth, Inc (NASDAQ:ATHN)’s position as a battle between bulls and bears. Here is what Cramer has stated: “When I hear the term battlegrounds, I don’t think of Gettysburg, what comes to my mind are hotly contested stocks that are caught in the crossfire between the bulls and the bears. Stocks like Athenahealth ATHN” Cramer mentioned about the fall of athenahealth, Inc (NASDAQ:ATHN) from $204 in early March to $128 on Monday. He also stated that the devastating presentation given by…
International Business Machines Corp. (NYSE:IBM)’s artificially intelligent computer system Watson had been first seen on a public platform on the TV show Jeopardy in 2011. Since then there has been a lot of work that has went in towards improving and tuning the system for commercial application. CNBC’s Bob Pisani caught up with the Senior VP of International Business Machines Corp. (NYSE:IBM)’s Watson group, Michael Rhodin yesterday and he asked about the commercial applications in business and financial markets of Watson. Watson has been helping doctors to perform better diagnosis so far and Rhodin focused on applying Watson’s intelligence in…
Analysts were discussing about the pound the table trades yesterday on CNBC and every one had their favorites. One of the analysts had Delta Air Lines, Inc. (NYSE:DAL) as his pick for the pounding trade stock. Whole Foods Market, Inc. (NASDAQ:WFM) and SunPower Corporation (NASDAQ:SPWR) were the other high conviction trades that came up in the discussion. The best thing about Delta Air Lines, Inc. (NYSE:DAL), according to the analyst, was that Delta has continued to fly to the upside and that the stock is moving in the right direction. The valuations are incredibly low and the stock as per…
Starbucks Corporation (NASDAQ:SBUX), Bank of America Corp (NYSE:BAC) and Amazon.com, Inc. (NASDAQ:AMZN) are the three stocks that have caught the attention of JJ Kinahan, chief strategist at TD Ameritrade Holding Corp. (NYSE:AMTD). Kinahan was on CNBC’s Halftime yesterday and he believed that the market has become an investor market and that the trader approach is fading away in general. Here is what he said: “Many of our clients are traders, but we are seeing a little bit more of an investors type market and what they are doing is selling some of the stocks that are doing very well in the…
Bloomberg’s Betty Liu, Scarlet Fu, and Julie Hyman were reporting on the top 10 stocks for Tuesday and the top three were General Motors Company (NYSE:GM), RadioShack Corporation (NYSE:RSH) and Time Warner Inc (NYSE:TWX) in order. Out of these three Time Warner Inc (NYSE:TWX) was the only stock that was doing very well and the other two were in the news for the ongoing issues those companies were facing. Time Warner Inc (NYSE:TWX) was third on the list and it is in talks to buy up to a $3 billion stake in the media company Vice media. The source of…
Daniel Debow, senior Vice President at salesforce.com, inc. (NYSE:CRM) was discussing about the wearable technology on Bloomberg West and he was very positive about the future that wearables have in business and enterprise environments. He was asked about his vision for the salesforce.com, inc. (NYSE:CRM) wear and he stated: “Well salesforce wear is a first step, an initiative to help developers build business applications for wearables. We think wearables are growing extremely quickly and they are going to find all sorts of use cases in and in enterprise.” He said that wearables for business are all about helping companies to…
The recent 7-for-1 stock split of Apple Inc. (NASDAQ:AAPL) has got mixed opinions and few analysts even felt that the stock is avoidable for the next couple of months. However Timothy Arcuri of Cowen and Company feels that the stock is still very exciting even after the split and people will still buy it. Arcuri was on CNBC’s Squawk box last evening and he had an interesting analysis of the stock split. Here is what he stated: “Probably the reason why they split the stock is, people keep talking about this $700 peak and you know I go around talking…
CNBC’s Dominic Chu was reporting on the stocks related to oil and pipeline industry and he covered on stocks that were the biggest losers as well the biggest gainers in the market. While he felt that companies like Halliburton Company (NYSE:HAL) and Schlumberger Limited. (NYSE:SLB) were on their multi year highs and probably the best performing stocks as of today in the oil and energy sector, he also said that the major players were not performing well. Chu was analyzing about all the different parts of the oil and gas trade and he mentioned about functions of different companies in…