Twitter (NYSE: TWTR) continues to stumble under the cautious eyes of the stock market. Mixed earnings results coupled by investor pressure to show monetization and margin is driving the company to desperate measures. The latest casualty is its Vine app.
Amazon (Nasdaq: AMZN) has reported its sixth straight quarter of profit but missed analysts’ earnings estimates by a wide margin. As it continues to invest heavily in its growth areas and building out its infrastructure, analysts need to realign their expectations.
SAP (NYSE: SAP) is one ERP player that has successfully adapted itself to the changing market landscape. After proving its mettle within the Cloud/Big Data market with HANA, the company is now gearing up to target the Internet of Things (IoT) segment.
According to a recent research, the global SaaS market is projected to grow 8% annually over the next three years to be worth $67 billion in 2018. In another report, Gartner projects that the global spending on enterprise application software will grow from $149.9 billion in 2015 to $201 billion in 2019 due to the
With the holiday season around the corner, market expectations from retail and e-commerce players normally run high. But eBay’s (Nasdaq: EBAY) recent result announcement delivered a lackluster outlook. Even though it surpassed expectations for the previous quarter, its outlook has disappointed the market, causing the stock to tumble.
The recent quarter results show how Microsoft is getting stronger in the cloud computing space. And it definitely has the potential to come out as a winner, and this has sent its stock to a record high.
Last quarter, Verizon confirmed plans of buying out Yahoo’s (Nasdaq: YHOO) core assets for $4.8 billion. Verizon hopes to build an advertising platform akin to Google and Facebook through the integration of its earlier acquired AOL business with Yahoo. But the recently reported massive email hack on Yahoo is causing Verizon some angst. The only
According to a report by Strategy Analytics, consumer spending in the US on video streaming services is expected to grow 22% by $1.19 billion to $6.62 billion. The report further says that the video streaming market is fast approaching saturation in the US as this will be the first time ever that the dollar increase is