Analyst Predicts 5G iPhone Will Lead to a 2020 ‘Supercycle’ For Apple

With Apple expected to release four 5G iPhones in 2020, at least one analyst is expecting it to be a “supercycle” for the company’s stock. Wedbush analyst Dan Ives told CNBC he believes the demand for 5G iPhones will have…

Oprah Winfrey Tweets About Love of Bread, Weight Watchers Stock Soars

Many diets would have you abstain from carbohydrates like bread – but not Weight Watchers. And this is perfect for Oprah Winfrey, who loves bread. Like, a lot. And she says she’s lost 26 pounds on Weight Watchers while eating…

Twitter’s User Growth Is Absolutely Anemic

Once again, Twitter’s earnings have beat expectations. And once again, Twitter is reporting absolutely anemic user growth. In July, Twitter’s then-temporary CEO Jack Dorsey reported 304 million monthly active users (excluding SMS Fast Followers). “We are not satisfied with our…

Jack Dorsey Is Giving a Third of His Stock Away … to Twitter Employees

Twitter CEO Jack Dorsey isn’t wasting any time making friends among his company’s workforce. Dorsey has announced that he’s giving about one-third of his Twitter stock back to his employees. That’s about $200 million. Dorsey has around 22 million shares.…

Oprah Winfrey Buys into Weight Watchers and Stock Soars

Oprah Winfrey has purchased a 10 percent stake in the Weight Watchers diet company, and it’s sent the company’s stock soaring. In speaking with NPR, Winfrey said that she didn’t even have to think about the investment. Weight Watchers asked,…

Twitter Stock Falls Below IPO Price

For the first time ever, Twitter shares have fallen below the original IPO price. In November of 2013, Twitter priced its IPO at $26 a share. The company raised $1.8 billion in the offering, selling 70 million shares. The stock…

Was Yelp Misleading About Its Reviews?

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while…

AOL Sees 6th Consecutive Quarter Of Revenue Growth

AOL just released its Q2 earnings report with its sixth consecutive quarter of revenue and adjusted OIBDA growth. Total revenue grew 12% year-over-year. The company attributes this to accelerated global advertising revenue, which grew 20% year-over-year. The company saw 60%…

Tesla Stock Rockets Despite Hazardous Adapter Recall

The fourth quarter was a definite success for Tesla Motors Inc. The electric car maker indicated yesterday that its Model S sedan deliveries surpassed original predictions by 20 percent. As Tesla delivered about 6,900 sedans during the quarter, shares shot…

Facebook Offers 70 Million More Shares, Heads To Court Over IPO

Facebook announced on Thursday that it is offering 70,000,000 new shares of its Class A common stock, with 27,004,761 shares being offered by the company itself and 42,995,239 shares being offered by certain selling stockholders, including CEO Mark Zuckerberg, who…

Square Eyeing 2014 IPO, According to Report

Today, everyone is talking about the big Twitter IPO. Next year, we may be talking about Square putting forth an initial public offering. The common thread here is Jack Dorsey, of course. The Twitter co-founder is also the founder and…

Google Stock Hits All-Time High, Surpassing $1K

Google released its quarterly earnings on Thursday, beating Wall Street expectations. Revenues were up 12% year-over-year, hitting nearly $15 billion. GAAP EPS were $8.75 on 339 million diluted shares outstanding, compared to $6.53 in the same quarter last year. Non-GAAP…

IBM Stock Leads To Discouraging Results?

IBM has released the 2013 Third-Quarter Earnings, and there is both good and bad news with the recent report. The good news is that the third-quarter net income increased six percent where this year’s third-quarter earnings were $4.04 billion ($3.68…

Jos. A. Bank Rejected By Men’s Wearhouse

Men’s Wearhouse chose not to take the $2.3 billion offer presented by powerhouse Joseph A. Bank. Though shares for Men’s Wearhouse fell 12 percent during September, company representatives are determined to continue promoting the viability of the company. According to…

Lumber Liquidators’ Stock Drops Almost 10% Amid Federal Raid

For every action, there’s always a reaction. This week, no one can attest to such a phrase better than Lumber Liquidators. In just two days, the American specialty flooring retailer’s corporate sector has been flipped upside down. On Thursday, federal…

Gold Recovery? What Does This Mean For Business?

Gold has had a resurgence recently. This comes as good news for investors and people that follow the market closely. As of today, gold is on track for its biggest weekly gain in five weeks. Several analysts are saying that…

Netflix’s Original Content Is Making People Want to Stick Around

In the past year, Netflix has released the Emmy-nominated political drama House of Cards, the Eli Roth-produced horror series Hemlock Grove, and the surprise hit of the summer, Orange Is The New Black. They’re also in the process of adding…

Microsoft Stock Surging on Ballmer Retirement News

Microsoft CEO Steve Ballmer announced this morning that he will be stepping down from his position within the next 12 months. The executive has been a part of Microsoft for over 33 years, joining the company as its first business…

Groupon Earnings Disappoint, Stock Down 28%

Groupon reported its Q4 and fiscal year 2012 earnings on Wednesday afternoon, sending stock plummeting as results missed Wall Street estimates. The company posted a net loss of $81.1 million for the quarter, though revenue was up 30% at $638.3…

Zynga Announces Q4 And Year End Results, Will Bring More Games To Mobile In 2013

After the beating Zynga took in 2012, nobody was really looking forward to its year end results. It was assumed that everything would be doom and gloom for the troubled social game developer. The good news is that revenue and…