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$25B Cloud Boost Seen Coming For Amazon, Microsoft, Google
Thursday, February 4, 2016 11:02 AM EDT
Amazon, Microsoft and Alphabet are all poised to get huge boosts from their cloud businesses over the next three years, research firm Pacific Crest wrote in a note to investors today.
In this article: AMZN, GOOG, MSFT, GOOGL Also: EMC, WDC, INTC, NTAP, ANET, HPE
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GoPro Conference Call Pulls Stock Off Record Lows, Shares Remain Pressured
Thursday, February 4, 2016 12:00 AM EDT
After the close, GoPro reported fourth quarter results and issued guidance for the first quarter and fiscal 2016, temporarily sending shares to record lows.
In this article: GPRO
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Wells Fargo Says History On Chipotle's Side, Deutsche Disagrees
Wednesday, February 3, 2016 12:40 PM EDT
The shares of Chipotle Mexican Grill are falling after the company last night reported lower than expected revenue and divulged that its same-store sales had plunged more than 14% last quarter.
In this article: CMG
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Yahoo Shares Fall After Reporting Q4 Results, Announcing Strategic Alternatives
Wednesday, February 3, 2016 6:42 AM EDT
Yahoo announced it will pursue a reverse spin of its stake in Alibaba alongside an "aggressive" strategic plan to simplify the company. Yahoo plans to reduce its workforce by roughly 15% and exit five offices.
In this article: YHOO Also: BABA
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Top Stock Stories For Tuesday - February 2, 2016
Tuesday, February 2, 2016 11:12 PM EDT
Stocks began the session in negative territory and remained there throughout the entire session. The early weakness was attributed to oil prices, which were down early and never recovered during the day.
In this article: BP, DD, DOW, F, GM, KORS, MAT, RCL, XOM, RHHBY, IDTI, PACB, ADT, GOOGL
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Fitbit Seen As More Than 'One-Hit Wonder' With Digital Health In Early Innings
Tuesday, February 2, 2016 2:20 PM EDT
Fitbit is best positioned to exploit the trends of real-time analytics and digital health, which are both in the early innings of adoption and technical development, according to Oppenheimer analyst Andrew Uerkwitz.
In this article: FIT
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Stifel Warns Twitter May Go Way Of Tech Busts, Cuts To Sell
Tuesday, February 2, 2016 1:10 PM EDT
Stifel analyst Scott Devitt downgraded Twitter to Sell form Hold, saying that it has "never fully developed into a sustainable public company.
In this article: GRPN, YHOO, ZNGA
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Alphabet Overtakes Apple As Most Valuable Public Company
Monday, February 1, 2016 10:28 PM EDT
Shares of Alphabet surged after the company reported fourth quarter results Monday, with after-hours stock prices signaling it has overtaken Apple as the world's most valuable publicly traded company.
In this article: AAPL, GOOG, GOOGL
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DreamWorks Falls After Piper Says 'Kung Fu Panda 3' Missed Expectations
Monday, February 1, 2016 4:46 PM EDT
Shares of DreamWorks Animation (DWA) dropped in midday trading after an analyst from Piper Jaffray said that "Kung Fu Panda 3" slightly underperformed his expectations, despite having topped the U.S. box office in its opening weekend.
In this article: DWA Also: FOX, FOXA
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GoPro Slides After Analysts Predict Guidance This Week Will Disappoint
Monday, February 1, 2016 1:34 PM EDT
In early trading, GoPro fell 6% to $10.75. Shares of supplier Ambarella (AMBA), which has often moved in tandem with GoPro in the past, slipped 5%.
In this article: GPRO Also: AMBA
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S&P Falls 5% In January Despite Second Straight Winning Week To Close Month
Sunday, January 31, 2016 11:52 PM EDT
Stocks finished the month of January with two straight winning weeks, but investors are still glad to see the calendar flip as those winners only cut the S&P's loss to 5% for the month.
In this article: AIG, BA, CAT, CVX, DD, JNJ, JOY, MA, MCD, MMM, MTW, OSK, PG, S, TEX, UA, V, X, XRX, QQQ, AAPL, AMZN, BIIB, EBAY, MSFT, META, SUNE, ANTM, VMW
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Analysts Remain Upbeat On Amazon In Face Of Post-Earnings Selloff
Friday, January 29, 2016 10:42 AM EDT
Shares of AMZN are falling after the company's 4th quarter results came in below expectations. However, many analysts defended the stock, saying the miss was caused by higher than expected shipping costs.
In this article: AMZN
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Gilead Slips As Another Drug Enters Hepatitis C Virus Space
Friday, January 29, 2016 9:45 AM EDT
Shares of GILD, a leader in the hepatitis C virus treatment space, are sliding this morning after a competitor's hep C drug was granted FDA approval. Gilead also announced a shakeup of the roles held by its top executives.
In this article: GILD, MRK, ABBV
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Inovio Rises As CEO Says Zika Vaccine Could Enter Human Testing This Year
Friday, January 29, 2016 8:52 AM EDT
Inovio Pharmaceuticals (INO) shares are rising again this morning as the Zika virus continues to gain attention and its CEO says the company is "ahead of the pack" in developing a vaccine to combat the disease.
In this article: INO, CERS
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Barclays Says Sell Check Point With Better Values To Be Found In Cybersecurity
Wednesday, January 6, 2016 12:00 PM EDT
Shares of IT security software and services provider Check Point Software (CHKP) are underperforming in a down market after Barclays cut the stock to the firm's equivalent of a sell rating.
In this article: CHKP, PANW, IMPR, RPD Also: CUDA, AND, IMPV, FTNT, FFIV, SYMC, PFPT, FEYE, QLYS
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