Pharma stocks, particularly Biotech ones are very hot currently and the new inventions as well as patents on drugs are keeping a few ahead of the rest. Gilead Sciences, Inc. (NASDAQ:GILD) revenues have increased above expectations due to the positive movements around the Hepatitis C drug. There are other players in this space competing for a drug on Hepatitis C. CNBC’s Meg Tirrell explained the stocks to look for in the second half of the year in the biotech and pharma space. According to her, the competition in the Hepatitis C space would help few stocks such as Gilead Sciences,…
Author: Viki K.
Music and Media companies such as Amazon.com, Inc. (NASDAQ:AMZN), Yahoo! Inc. (NASDAQ:YHOO) and Google Inc (NASDAQ:GOOGL) are trying to compete with each other with aggressive strategies and this would push the social media sector in the second half. CNBC recently reported what might be the outlook for the second half of the year in the social media sector of the market. It looks like the music and media wars between major companies such as Amazon.com, Inc. (NASDAQ:AMZN), Yahoo! Inc. (NASDAQ:YHOO), Google Inc (NASDAQ:GOOGL) and other companies is going to intensify and it is expected that FCC might intervene to end…
The number of smartphones has been increasing every year rapidly and the number of users is expected to be around 2 billion across the globe. Apple Inc. (NASDAQ:AAPL) has been the top most company in smartphone industry and Amazon.com, Inc. (NASDAQ:AMZN) has recently launched a smartphone entering into the smartphone market and probably increase its grip in the US consumer market. So these would be the companies to look out for. CNBC’s Josh Lipton discussed the tech stocks that might drive the markets higher in the second half of the year. According to him, the competition between market leaders in…
Online advertising has been a huge success over the past few years and it has reached smartphones from computers. Companies such as Google Inc (NASDAQ:GOOGL), Apple Inc. (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB) have been ruling the markets of online advertising. Though there are other players today, these might be the companies holding an advantage in the next level of advertising, the wearable advertising business. James McQuivey, Principal Analyst at Forrester Research and Brian Womack of Bloomberg explained how the future of advertising would be and what it could mean to the big players such as Google Inc (NASDAQ:GOOGL), Apple Inc.…
King Digital Entertainment PLC (NYSE:KING)’s Candy Crush Saga has been a huge success for the company and majority of the revenue comes from it. However that is not the only gig by the company and it looks promising in the coming years according to analysts. Michael Olson, Senior research analyst at Piper Jaffray, was on CNBC and he explained the reasons for upgrading King Digital Entertainment PLC (NYSE:KING)’s stock target to $28. He felt that the ranks of the games by the company have been increasing and it is now in top 200 of the iOS games and the top…
FIFA world cup 2014 has spurred many organizations to get ready for bonanza in sales. Nike Inc (NYSE:NKE) took on adidas AG (ADR) (OTCMKTS:ADDYY) in battle for Twitter and product dominance. Both Nike and Adidas started by becoming lead sponsors for some major teams in the tournament. Nike Inc (NYSE:NKE) went many steps ahead by creating amazing advertising videos with major players. But adidas AG (ADR) (OTCMKTS:ADDYY) came up with a strategy of coming up with world cup ball, “Brazuca”. The CEO of Zillow, Spencer Rascoff, and CEO of AOL Brand Group, Susan Lyne and Bloomberg’s Brendan Greeley discussed about Twitter and…
Summer is actually not an interesting time for stocks because no one really trades with keen interest. Stocks like Kellogg Company (NYSE:K), The Dow Chemical Company (NYSE:DOW) and Coach Inc (NYSE:COH). Dominic Chu of CNBC discussed about the stocks that were trading at discounted prices and presented an opportunity to make profit for the buyers. The big names that were trading at discounts according to him were Kellogg Company (NYSE:K), The Dow Chemical Company (NYSE:DOW) and Coach Inc (NYSE:COH). These companies traded below their regular trading prices. Kellogg Company (NYSE:K) is a stock from the food industry and it trades…
In an ever-emerging virtual world, privacy and data security is soon becoming a top concern. And it doesn’t alleviate worries, with top companies like Facebook (NASDAQ:FB), Google (NASDAQ:GOOGL) and Sony Corp (ADR) (NYSE:SNE) apologizing and paying huge settlements for breach of privacy, which shouldn’t have happened in the first place. Bloomberg has compiled a slideshow of five largest scandals involving privacy concerns, after which companies’ had to appologize and even pay large settlements in some cases. Facebook (NASDAQ:FB) landed in quite a situation and apologised for conducting unannounced mood experiments on its users. The 2012 experiment involved around 700,000 Facebook…
NQ Mobile Inc (ADR) (NYSE:NQ) was a silent player on the market until the news popped out that the audit head stepped down and PWC needed more time to review the 2013 financial results. The stock plunged over 30% yesterday. David Ingles of Bloomberg discussed about the issue in detail and he explained how everything went against the Chinese mobile-security service provider. He explained the announcement made by NQ Mobile Inc (ADR) (NYSE:NQ) about changes in the board went against the company on the market. Thought the company said that the audit head stepped down for personal reasons, the extra…
Yahoo! Inc. (NASDAQ:YHOO) is in a very sweet position now. With the quarterly results and the Alibaba IPO setting up very near, it is in a win-win situation. The company’s stock has been on upside for over a week. Scott Bauer, Senior Market Strategist at Trading Advantage, was on Bloomberg and he discussed few of his investment strategies. He trades on Yahoo! Inc. (NASDAQ:YHOO) and he said that the gap between the earnings announcement and the Alibaba IPO is not much which would benefit Yahoo! Inc. (NASDAQ:YHOO) a lot. He explained how the company broke the 200 day moving average around…
Yahoo! Inc. (NASDAQ:YHOO)’s stock price is on upside for over a week now and the Alibaba IPO seems to have lifted the value of Yahoo! Inc. (NASDAQ:YHOO). The share of the company went up from $33 mark to $36 in about a week’s time and looking good. ConvergEx has recently conducted a survey on the IPO and the results were quite interesting. Nicholas Colas, the chief market strategist at ConvergEx Group, was on CNBC yesterday and he discussed the results of the survey. He said the results tell that there is a lot of optimism about the IPO. He said…
The merger between Sprint Corporation (NYSE:S) and T-Mobile US Inc (NYSE:TMUS) was looking good as the new CEO would have been from the company to be acquired. However that hit a snag when FTC sued T-Mobile US Inc (NYSE:TMUS) recently and it accused the company of adding millions of $ in the form of bogus charges to the bills of subscribers until the last December. CNBC’s “Squawk Alley” team discussed this and they explained how the bills are being loaded with a lot of additional charges not just by T-Mobile US Inc (NYSE:TMUS) but also a lot of other telecom…