Tag Archives: Stocks

A reliable source published a Reddit post on October 30 stating that Diablo 4 will channel the same elements that developed Diablo 2 into a cult classic. The source has a known and undisputed track record. Thus, it is credited with a level of legitimacy that is mostly absent in other wild rumors.Previously, they correctly predicted Pokémon Sword and Pokémon Shield and Ghost Recon Breakpoint details way before official announcements. Daniel Ahmad, a respected industry analyst, posted on...

American multinational conglomerate General Electric has brought new hope for its investors after its announced strong Q3 results. GE has been struggling over the past three years witnessing a major slowdown in its output. In the last three years, the GE stock price has been on a constant downfall and corrected over 66%.However, under the recent leadership of Larry Culp, the multinational giant looks poised for a solid resurgence. After the company announced its Q3 earnings on Wednesday, GE’s...

Apple has published an official report, detailing its earnings for the fourth quarter of its fiscal year which ended on September 28, 2019. According to the report, Apple reasonably exceeded analysts’ expectations on earnings per share as well as total revenue. Regardless, stocks remained relatively stagnant, in response to Apple’s announcement. Now they are traded at approximately 240$.The report shows that Apple pulled in total revenue of $64 billion in the fourth quarter, a year over year...

The most recent game from the stables of Infinity Ward, Call of Duty: Modern Warfare, is like nothing ever seen as it breaks previous records to become the fastest-selling game in the franchise in recent times, making a profit of $600 million within the first three days of its launch.This is definitely good news for all Activision Blizzard investors as the remarkable performance of Call of Duty over the weekend seems to have infused the needed strength to its weak share price.At the moment...

Rival carmakers PSA Group and Fiat Chrysler Automobiles NV announced their plan to merge, combining assets in order to confront pricey new era of trade tariffs, emissions rules and electrification.Shareholders of each company will own 50% of the combined entity, that will be listed in Paris, Milan and New York. Investors in Fiat will get dividend worth of 5.5 billion euros and its robotics subsidiary Comau, while France’s PSA will probably issue its 46% stake in auto-parts maker Faurecia SE....

Facebook is one of the most attacked companies in the world as it always seems to be swimming in one legal or regulatory battle or the other (especially in relation to its Libra project), at pretty much every point in time. However, the social media giant is still also one of the world’s most successful companies and has proven it time and again, most recently with its recent third-quarter earnings figures. Facebook’s numbers exceeded expectations and well enough for its stock (FB) to hit...

Deutsche Bank has embarked on a comprehensive restructuring plan, in a move to revive its failing business, according to reports from earlier this year, but recent events show that its program may not be going as expected. Deutsche Bank took a devastating financial blow which has totally derailed it from its intended market target.Surrounded by an ongoing restructuring plan, the German lender has released its third-quarter report for 2019 on Wednesday, which shows a net loss of 832 million...

In what has been seen by many as a move into the fitness sector, Alphabet Inc. parent company of Google has been in talks with fitness device manufacturer Fitbit for the prospects of acquisition. Alphabet Inc. has been eyeing the wearable fitness device for some time and this could be a culmination of the innovative company’s intentions to get a slice of the fitness pie.Sources familiar with the matter indicate that while Alphabet is already at par with other device makers in terms of devices...

Photo: QuoteInspectorPeople who are invested in the stock market are currently counting interesting gains as there has been commendable growth in the major stock market indices. On Monday, the S&P 500 increased by 0.7% and successfully set a new record at 3,039.42, beating out the previous record of 3,027.98 which was set a few months ago on July 26.This increase was also seen elsewhere, as the Nasdaq Composite rose by 1% to hit 8,325.99, about 0.5% less than its own record highs. The...

It just over 7 years that social media giant Facebook decided to conduct an IPO. Since then, Facebook (FB) stock has been one of the favorite picks for investors looking for handsome returns.If we look at the Facebook stock price chart since May 2012, we can see a steady rise with minor swings until July 2018. It was in July last year when the Cambridge Analytica scandal broke out showing Facebook’s alleged breach of data and user privacy. The FB stock took a massive hammering losing 33% of...