Stock Market Buzz 8.1.16 Earnings Provide Tailwind for FB Stock
Although Facebook Inc (NASDAQ:FB) is one of the most successful tech investments ever, there’s still plenty of upside left in FB stock. Anyone who doubts that should take a look at the company’s stellar earnings report from last week.
Facebook delivered a jaw-dropping amount of growth. Second-quarter revenue increased a whopping 59% over the same three months last year, moving from $3.83 billion to $6.24 billion. (Source: “.
Market Has Misread Apple Stock
Investors went stir crazy after seeing the fiscal third-quarter results reported by Apple Inc. (NASDAQ:AAPL) last week. While the stock market may have been giddy, I was not jumping up and down, buying up shares of AAPL. There were some positives in the results, sure; however, overall, there were more negatives. I’m still waiting for the actual game changer to happen.
For those who saw their AAPL stock jump from the $96.00 level on July 26 to $104.55 last Friday, now may be the time to consider lightening your load, as Apple isn’t.
Why AMZN Stock Was Muted After Earnings
Amazon.com, Inc. (NASDAQ:AMZN) continued its recent trend of sweeping analysts off their feet. The company crushed earnings expectations in its last earnings review, reported on Thursday. AMZN stock is now primed for huge gains in Q3 and Q4.
If you’re looking at the market and wondering why AMZN stock didn’t surge immediately, don’t worry; it was weighed down by weak gross domestic numbers. The U.S. economy didn’t grow as quickly as expected last quarter and that acted as a.
This Is a Big Deal for GOOG Stock
Mega-cap companies don’t usually offer startup-like growth. That’s why Alphabet Inc(NASDAQ:GOOG) stock is so special. After a solid earnings report, Google stock gained more than four percent. Google’s Class A shares have surged past the $800.00 mark.
Expectations were already high before Google stock earnings, yet the company managed to beat both top- and bottom-line estimates. The best part is that despite being the incumbent in the Internet industry, Google’s growth rate was no less.
BBRY stock: Any Hope for the Bulls?
I find it hard to describe the performance of BlackBerry Ltd (NASDAQ:BBRY) stock in just one word.
BBRY stock peaked in June 2013, tagging a high price of $148.13 per share. However, currently, BlackBerry shares are trading at $7.66. This represents a loss of 94.8% for BBRY stock. A complete and utter disaster, share price has been completely decimated.
At one point, BlackBerry actually dominated the market. The company’s handset was a symbol of social status. Everyone who was anyone had.
IBM stock: Back on Track?
International Business Machines Corp. (NYSE:IBM) stock is off to a great start for 2016, up 19.6% year-to-date. This is a nice change compared to the dismal returns experienced over the last three years. Each respective year produced losses. Could this be the beginning of a new trend?
I have reason to believe that IBM stock may have put in a significant bottom in 2016, meaning it is ready to resume its bull market and challenge its all-time high in share price. My reasoning has nothing to do with Berkshire’s purchase of IBM.
Why We Think Apple Is Building an Apple Car
The “Apple Car” rumor mill is running at full speed again. According to a report inThe Wall Street Journal, Apple Inc. (NASDAQ:AAPL) reassigned one of its most important senior executives to a secret program called “Project Titan.” It’s widely believed to be a codename for the Apple Car project.
The company reassigned Bob Mansfield, a close confidant of Steve Jobs, to work on the secret Apple Car project. Other than Jonny Ive, Mansfield was the.
MSFT Stock: Trend Remains Bullish
Once in a blue moon, I stumble upon a stock chart that has me in utter awe. The awe comes from the precise perfection of the painted chart. It is as if the technical analysis gods pulled it straight out of a textbook. I recently found one of these investments. What is it? Would you believe me if I told you it’s Microsoft Corporation (NASDAQ:MSFT) stock?
Microsoft has always been a name synonymous with the personal computer (PC). The first thing that often comes to mind when we here.
GPRO Stock Gaining Popularity Again?
In the past 12-month, GoPro Inc (NASDAQ:GPRO) stock has been trading deep in the doldrums. Now, things might start to change.
Known as the maker of action cameras, GoPro stock had enjoyed solid gains since it went public two years ago. However, once people realized that not everybody needed a GoPro camera, things went south. In the past year, GPRO stock plunged a whopping 80%.
There is a silver lining in every cloud, though. Once the stock’s valuation gets low enough, any sign.
Does ELLI Stock Deserve Your Attention?
Ellie Mae Inc (NYSE:ELLI) stock may not be a household name for many. However, the Pleasanton, California-based company’s position as a leading provider of on-demand software solutions and services for the residential mortgage industry is helping Ellie Mae stock to become one of the most intriguing under-the-radar companies.
It isn’t likely that Ellie Mae stock will stay under-the-radar for too much longer, though, especially when its second-quarter results.
Stock Market Buzz 8.1.16