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Twitter Surpasses Estimates, But Fails on all Other Fronts

Posted on Friday, Apr 28th 2017

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Earlier this week Twitter (NYSE: TWTR) announced its first quarter performance, which surpassed market expectations. But the market is still not pleased. This was the first ever quarter that showed declining revenues since the company went public. And, the future doesn’t look much rosier.

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Adieu Yahoo!

Posted on Thursday, Apr 27th 2017

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After 21 years of being listed on the stock exchange, Yahoo (Nasdaq: YHOO) recently announced the results for its last quarter as a public company. Once the jewel of the Internet, Yahoo’s story is a remarkable one that proves how continuous mismanagement and lack of focus can drive a company to its demise. Over the past decade, Yahoo has struggled with shrinking revenues and its inability to keep pace with the evolving technology landscape.

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2017 IPO Prospects: Uber and Lyft Have Miles to Go Before they List

Posted on Wednesday, Apr 26th 2017

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Ride-sharing app Uber appears to excel in how to be in the news for all the wrong reasons. Earlier this year, the company was accused of turning a blind eye to sexual harassment in the office. Later on, there was a viral video showing its CEO Travis Kalanick berating an Uber driver. Then, this week, it landed in more trouble when it was sued over one of its app features that tracks drivers. But despite the negative publicity, Uber continues to remain one of the highest valued privately held companies and the market continues to await its IPO.

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Box Revenues Still not Turning into Profits

Posted on Tuesday, Apr 25th 2017

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According to a recent report published by MarketsandMarkets, the cloud storage market size is estimated to grow $23.76 billion in 2016 to $74.94 billion by 2021. That translates to an annualized growth rate of 25.8% over the five-year period.

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Billion Dollar Unicorns: C3 IoT Joins the Club

Posted on Monday, Apr 24th 2017

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According to a recent report by ReportsnReports, the worldwide market for Internet of Things (IoT) was worth $16.3 billion in 2016. Touted to be the next Industrial Revolution, the IoT market is expected to reach $185.9 billion in 2023. C3 IoT, a market leader in the space, has recently joined the Billion Dollar Unicorn Club.

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For AliBaba, it is About Mobile Payments

Posted on Friday, Apr 21st 2017

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If there was any worry that the Chinese e-commerce player Alibaba (NYSE: BABA) would be impacted by the result of the Presidential election in the US, it has been laid to rest. Alibaba continues to outperform market expectations and deliver stellar growth. And now, it is shifting gears on its payment affiliate Ant Financial.

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IBM Still Awaits Benefits of the Turnaround

Posted on Thursday, Apr 20th 2017

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For the first time in the last five quarters, IBM (NYSE: IBM) missed revenue expectations for the quarter. The market is understandably unhappy, and the stock has plunged more than 5% in the after-hours trading session.

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Netflix Increases Focus on Original Content

Posted on Wednesday, Apr 19th 2017

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According to a recent MarketsandMarkets report, the global video streaming market is estimated to grow from $30.29 billion in 2016 to $70.05 billion in 2021. That translates to an annualized growth rate of 18% over the five-year period. Netflix (Nasdaq: NFLX) is already delivering more than the industry’s growth rate in its revenue growth. But things may not look all that rosy in the future.

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