In a decision that caught everyone unawares, Apple Inc (NASDAQ:AAPL) announced on Monday, 2nd February, 2015 that it intended to invest as much as $2 billion in a factory located at Mesa, Arizona, which was previously being operated by GT Advanced Technologies Inc (OTCMKTS:GTAT). While the investment will be staggered over a period of a…
International Business Machines Corp (IBM)’s CEO Gets a Raise
Ginny Rometty, CEO of International Business Machines Corp (NYSE:IBM), received her first hike in salary ever since having taken over the mantle of the company in 2012. Not only are her monthly wages being hiked from $1.5 million to $1.6 million as IBM moves from 2014 to 2015 but she is also due to receive…
Quick Summary of Apple Inc (NASDAQ:AAPL) and US Economy
On the last trading day of January, 2015, Tyler Mathisen presented a brief summary of highlights and downfalls which characterized Wall Street over the first month of this New Year on CNBC. Prominent amongst these was the mention of Apple Inc (NASDAQ:AAPL) and its whopping earnings courtesy of iPhone 6 followed by summing up of…
Amazon.com Inc (AMZN) Soars High above Market Expectations
It is common for companies to beat Wall Street projections at times and when this happens the margin is not as much which explains why Amazon.com Inc (NASDAQ:AMZN)’s earnings report caused more than a ripple. When released on Thursday, 29th January, 2015, fourth quarter report of Amazon.com revealed an EPS of 45 cents which turned…
Google Inc (GOOGL) Counted Amongst Disappointments in This Quarter
Google Inc (NASDAQ:GOOGL) announced its financial results for the fourth quarter which ended on 31st December, 2014, on Thursday, 29th January, 2015 and it turned out to have failed to meet Wall Street’s projections. It fell short of the predicted EPS of $7.11 vis-à-vis revenue of $18.46 billion and instead reported and EPS of $6.88…
Is It Time To Exit Qualcomm Inc (QCOM)?
CNBC reported on Wednesday, 28th January, 2015 that although Qualcomm Inc (NASDAQ:QCOM) had beaten Wall Street’s expectations in terms of its earnings report, the stock still plunged by 8% by the time trading session came to an end. A weak second-quarter forecast which the company projected at its release triggered heavy volume trading and eventually…
Facebook Inc (FB) Continues To Remain a Worthy Investment Option
Facebook Inc (NASDAQ:FB) released its earnings report on Wednesday, 28th January, 2015, and much to everyone’s surprise, it surpassed expectations as projected by Wall Street. Julia Boorstin covered it for CNBC and reported that while there was an increase in just about every aspect pertaining to this social networking site, it was mobile advertising which…
Yahoo! Inc (YHOO) Surprises Everyone with Its Tactical Spin-Off
Yahoo! Inc (NASDAQ:YHOO) declared on Tuesday, 27th January, 2015 that it would be spinning off its stake in Alibaba Group Holding which is worth $40 billion, to shareholders. What renders this news more interesting is that Yahoo has found a way of going about the deal without having to pay any taxes, thus marking this…
General Electric Company (GE) – Is There Anything To Worry About?
With oil prices having plunged and touching an all-time low, General Electric Company (NYSE:GE) is one of the organizations which should be worried about its existence. However, despite having invested heavily in this sector, GE is hardly worried as per its CEO Jeff Immelt and Vice-chairman John Rice. The two top executives are confident that…
How Should Investors Interpret Microsoft Corporation (MSFT)’s Transition Phase?
Microsoft Corporation (NASDAQ:MSFT) released its earnings for the second quarter on Monday, 26th January, 2015, and results were interpreted by many observers as reflecting the transition phase which the company is currently going through. CNBC discussed the decline from 78 cents in 2014 to 71 cents that emerged in 2015 report with Dan Morgan, an…