New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For VZ;INTC;GOOG;QCOM;CSCO;FIRE;BRCD;VMW;RHT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
May 29, 2015
05:52 EDTGOOGGlobal smartphone shipments to reach 1.37B in 2015, DigiTimes reports
Subscribe for More Information
05:52 EDTGOOG, INTCIDC: PC shipments to decline for fourth straight year in 2015, DigiTimes says
The IDC said PC shipments will decline by 6.2% in 2015 and will be the fourth consecutive year of falling volume, reports DigiTimes. The market almost saw stable shipments in mid-2014 as the end of support for Windows XP boosted demand, but that cycle passed and was replaced by a reduction in inventory on the supply side as the market awaits the arrival of Windows 10. Reference Link
05:52 EDTGOOG, INTCIDC: Worldwide tablet growth to decline 3.8% in 2015, DigiTimes says
Subscribe for More Information
05:38 EDTINTCIntel close to buying Altera for up to $54/share, NY Post reports
Intel (INTC) is near a deal to buy rival Altera (ALTR) for about $15B or up to $54 per share, Josh Kosman of the New York Post reports, citing a source close to the situation. Altera reportedly rejected an earlier buyout price from Intel of $54 per share, but that was before it reported disappointing earnings results, Kosman points out. Intel has no interest in competing with Avago (AVGO) to acquire Broadcom (BRCM), a source told the reporter. Shares of Altera are trading up $4.52 to $51.49 in the pre-market. Reference Link
May 28, 2015
19:13 EDTGOOGGoogle to launch free unlimited photo, video storage, AP says
Subscribe for More Information
14:54 EDTGOOGGoogle teams up with GoPro on virtual reality camera, video, Re/code says
Google (GOOG) product management VP Clay Bavor announced that YouTube will host 3D videos filmed with GoPro's (GPRO) 360-degree camera known as "Array," reports Re/code, citing statements made at the I/O conference Thursday. The GoPro-built device uses Google rendering technology and is part of Google's new virtual reality platform known as Jump. Re/code notes that the device will be sent to popular YouTube content creators beginning in July, and video captured with the device can be viewed with Google's "Cardboard" virtual-reality headset, which is priced near $20. Reference Link
13:52 EDTGOOGVisa says Google first partner to participate in Digital Enablement Program
Subscribe for More Information
13:16 EDTGOOGGoogle says developers have built 4,000+ apps for Android Wear
Reference Link
13:14 EDTGOOGGoogle introduces Android Pay
Subscribe for More Information
13:04 EDTGOOGGoogle introduces Android Pay at developer conference, Business Insider reports
Subscribe for More Information
12:53 EDTGOOGGoogle says Android M to succeed Lollipop this year, The Verge reports
Subscribe for More Information
10:55 EDTGOOGGoPro rises after confirming plans to enter drone, VR markets
Shares of GoPro (GPRO) are rising after the action camera maker confirmed it is developing a camera array for virtual reality filming and is also making its own drone for consumers. WHAT'S NEW: GoPro is developing a product that can create video which can be viewed on virtual reality headsets, GoPro CEO Nick Woodman said at the Code Conference, according to Re/code. Called a Six-Camera Spherical Array, the device uses six of GoPro's Hero4 cameras and a product from Kolor, a virtual reality software company GoPro acquired in April. GoPro is also building its own drone geared to consumers, Woodman said, according to Re/code. However, the company will continue to provide cameras to other drone makers, the website noted. ANALYST REACTION: In a note to investors earlier today, Piper Jaffray analyst Erinn Murphy said that GoPro's virtual reality product should be available in the second half of this year and cost $500-$1,500. The drone is expected to be available in the first half of next year and is likely to be sold for $500-$2,500, the analyst stated. GoPro's expansion into the drone and virtual reality markets could undermine bears' contention that GoPro's total available market is low, according to Murphy. Drones and virtual reality should have total available markets of over $5B by 2020 and over $65B by 2025, respectively, estimated the analyst, who kept a $68 price target and Overweight rating on GoPro. Meanwhile, Stifel analyst Jim Duffy wrote that the virtual reality product will have only a minimal impact on GoPro's results in 2015 and 2016. However, the drone offering could increase its 2016 earnings per share by 20c-30c if it is launched in the beginning of the year, according to Duffy, who kept a Hold rating on the stock. WHAT'S NOTABLE: In a note to investors yesterday, well-known Piper Jaffray analyst Gene Munster called virtual reality and augmented reality "the next mega tech themes through 2030." Users will be able to enjoy gaming, live sports, concerts, "immersive cinema," and social experiences using virtual reality, he predicted. Facebook (FB), Google (GOOG,GOOGL) and Apple (AAPL) are likely to benefit from this trend, Munster believes. PRICE ACTION: In mid-morning trading, GoPro climbed nearly 8% to $57.43.
10:51 EDTGOOGRumor: Tesla moves higher on renewed Google speculation
Shares of Tesla (TSLA) are moving higher on renewed speculation Google (GOOGL) may have accumulated a stake in the company.
10:11 EDTGOOGAnalyst says Google non-search assets to drive strong growth
Subscribe for More Information
10:09 EDTGOOGGoogle volatility flat into developerís conference
Subscribe for More Information
10:02 EDTGOOGSandvine: Netflix accounts for 36.5% of peak Internet traffic, Variety reports
Subscribe for More Information
09:16 EDTQCOM, QCOMQualcomm's chipset headwinds could force it to consider M&A, says CLSA
Subscribe for More Information
09:05 EDTINTCIntel partners with SoftServe for Internet of Things solutions
Subscribe for More Information
07:42 EDTGOOGGoogle valuation supported by non-search business growth, says Canaccord
Subscribe for More Information
07:30 EDTGOOGGoogle to hold a conference
Google I/O 2015 is being held in San Francisco on May 28-29.
<< 1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use