Tag Archives: Stocks

In November last year, Blizzard Entertainment announced the Diablo Immortal, the fourth installment in the Diablo game series. The release was however met with heavy disappointment from thousands of game fans who agreed that the game generally failed to meet expectations.Since then, fans of the game series had been waiting and effectively whetting their own appetites, in anticipation for Diablo 4. It was expected that the BlizzCon 2019, Blizzard’s annual gaming convention which is just a few...

It’s already widely known that the multinational tech company Apple Inc. (AAPL) has again joined the trillion-dollar society hitting the trillion-dollar market cap mark for the fourth time.At the time of writing, Apple stock was trading premarket 1.73% higher to $240.51, the highest in history. Apple’s market cap started the week at $1.09 trillion.There are some analysts who think shares might jump even more – to be precise 20 percent more during this year because of the strong iPhone 11...

German multinational software corporation, SAP has announced recently that it has entered into an official partnership with Microsoft. A Reuters report states that the partnership, which will last for 3 years, is to facilitate the company’s decision to help customers’ move their core business activity and processes, to the cloud.According to SAP’s Co-Chief Executive Officer, Jennifer Morgan, the partnership is dubbed “Embrace” and will assist the company’s many customers to continue their...

HuffPost is apparently on its way out of the Verizon media group. Sources indicate that Verizon has already started pitching the idea of a potential sale to buyers who may be interested in acquiring the internet media organization. Although officials from Verizon declined to comment on the issue, this move amidst others indicates a shift of focus for the US-based communications company which comes as Verizon’s media arm seems to be sliding down in value.About a month ago, Verizon wrote down...

Xiaomi, one of the world’s biggest smartphone producers, has just revealed through its CEO that it plans to take full advantage of 5G technology, and release more than 10 supported phones before the end of 2020. The Chinese phone giant has already released a few 5G phones this year and plans to do more.Per a Reuters report, the CEO Lei Jun, has also noted that 5G technology for the phone giant will not be restricted to its high end phones. The new group of products that will be launched with...

Charles Schwab, a San Francisco-based bank and stock brokerage company, has announced they will allow their clients to buy and sell fractions of stocks. The initiative aims at attracting the interest of young investors to Charles Schwab and makes it the first online brokerage that offers its customers such an opportunity.The announcement follows the company’s decision to eliminate trading commissions for U.S. stocks, ETFs and options trades earlier this month, which led to other brokerage...

The race for the space business is getting intense as big organizations are spending billions of dollars in creating the infrastructure for space tourism. While we have frequently heard Elon Musk’s SpaceX or Jess Bezos’ Blue Origin working on the plan, Richard Branson’s space tourism venture Virgin Galactic has pulled the rabbit out of the hat.Virgin Galactic is all set to become the first company in the space tourism to go public. During a recent interview with the CNBC, we heard this...

The rivalry between the U.S. and Chinese telecoms giant Huawei continues to escalate beyond borders. But recently, the U.S government was beaten at his own game when Germany snubbed calls from her to hinder the firm in building its national 5G networks over national security issues.The latest development is a big blow to the U.S., which has been persuading its allies to eliminate Huawei from 5G infrastructure, purporting its existence in the network would encourage Chinese surveillance....

The online-streaming media powerhouse Netflix has given strong Q3 earnings numbers resulting in its stock price (309,25 USD, +8.02%) shooting northwards on Wednesday, October 16. Beating street expectations, Netflix reported a 31% jump in its year-over-year revenue which is currently at 45.24 billion.Another impressive thing is its GAAP earning stands at $1.47 per share instead of analysts’ expectations of $1.05 per share. When it comes to growth in the subscriber-base, the U.S. figures are...

Billionaire and innovator Richard Branson’s space tourism start-up, Virgin Galactic, space tourism seems to be only a few months away from its first commercial flight to space.To prove its seriousness, the company unveiled its line of ‘Under Armour’-made spacesuits for passengers to come.Jumpsuits are made in royal-blue and from lightweight “flight-grade” material that is designed in a way that keeps travelers pleasant as they speeding faster than 50 miles into the atmosphere (that’s more...