categories

HOT TOPICS

Subscribe to our Feed

Technology Stocks

Alphabet Betting Outside Search

Posted on Tuesday, Jan 31st 2017

198280554_eaa3b99e3a_z

Alphabet (Nasdaq: GOOG) recently announced its fourth quarter results. While revenues surpassed market expectations, the earnings were a miss due to accounting policy changes. But the market has been forgiving to Alphabet given the huge strides it is making in non-search areas.

>>>

Hacker News
() Comments

Watch Microsoft in 2017

Posted on Monday, Jan 30th 2017

15966273430_c4d208d10b_z

Microsoft (Nasdaq: MSFT) recently announced its first quarter results that surpassed market expectations and proved to the world its agility. Like I said earlier, it maybe the dark horse in the race, but it is certainly taking the right strides.

>>>

Hacker News
() Comments

eBay Delivers Better than Promised Results

Posted on Friday, Jan 27th 2017

182001099_c2a560a588_z

eBay (Nasdaq: EBAY) finally appears to be taking a turn for the better. Not only did eBay deliver better than expected results during the holiday quarter, it also improved some of its operational metrics. But its outlook still continued to disappoint the market.

>>>

Hacker News
() Comments

Billion Dollar Unicorns: Kabam Struggles to Stay Alive

Posted on Thursday, Jan 26th 2017

8593340328_e525dc908a_z

According to a Newzoo report, the total gaming market worldwide was estimated to grow 8.5% over the year to $99.6 billion in revenues in 2016. This is also the first year when mobile gaming will account for a bigger share than PC games. Mobile gaming was estimated to bring in $36.9 billion in revenues, growing 21.3% over the year. The global gaming market is expected to grow 6.6% annually over the next three years to be worth $118.6 billion in 2019 with mobile gaming accounting for $52.5 billion of these revenues.

>>>

Hacker News
() Comments

Death by Overfunding: One Kings Lane

Posted on Wednesday, Jan 25th 2017

6859957080_8f1ca6d839_z

Flash sales sites were part of the cool startups once. Venture capitalists put in money in these sites because they thought the sites would be strong competition to online and store-based retailers. The sites also started to carve out their own niches, with focus on fashion, shoes, and even home décor products. Initially, the businesses did well. Most flash sites were set up in 2008-2009 when the economy was in trouble and retailers were looking to offload merchandise. But as the economy picked up, the flash sites lost their glitz.

>>>

Hacker News
() Comments

Pinterest, an Unlikely 2017 IPO Prospect

Posted on Tuesday, Jan 24th 2017

16899810863_ed087c3313_z

After the dry spell for tech IPOs in 2016, 2017 is expected to be a busy year. Billion Dollar Unicorns Snapchat and AppDynamics have already filed to go public and another unicorn that has long been on the IPO prospects list is social media content discovery app Pinterest, which has low revenue but a ridiculously high valuation. >>>

Hacker News
() Comments

IBM Delivers Nineteen Straight Quarters of Declining Revenues

Posted on Monday, Jan 23rd 2017

22445283569_cd31750408_z

For the 19th straight quarter, IBM (NYSE: IBM) has reported declining revenues. But the silver lining in the results was its performance in its strategic imperatives. The company saw strong growth for the cloud, analytics, mobility, and security businesses. The growth wasn’t enough to keep the market happy. Despite the company surpassing market expectations, the stock fell post the result announcement. >>>

Hacker News
() Comments

Netflix’s Content Keeps it Ahead in the Video Race

Posted on Friday, Jan 20th 2017

3158191012_5f22cb3f57_z

Video streaming has caught on incredibly well. According to a MarketandMarkets report, the global video streaming market is expected to grow from $30.29 billion in 2016 to $70.05 billion by 2021, at a CAGR of 18.3% during the forecast period. Netflix (NASDAQ: NFLX), the pioneer in video streaming, is reaping the benefits of this trend. But the competition is also increasing. >>>

Hacker News
() Comments