Twitter Stock Set to Turn Around
Twitter Inc (NYSE:TWTR) stock has had quite a volatile month on the back of buyout rumors. However, the company's third-quarter results should buoy TWTR stock as the company tries to turn around through cost-cutting measures.
Twitter announced its third-quarter earnings this morning. The social media company has exceeded the consensus estimates on revenue and earnings. The company's third-quarter revenue was $616.0 million, up eight percent year-over-year, and its adjusted earnings were $0.13 per share. Total advertising.
Tesla Stock May Need More Than Surprise Profits
The Tesla Motors Inc (NASDAQ:TSLA) stock price has been hovering around $200.00 for quite some time, but this will probably change. TSLA stock is likely to gain from the news that the company posted its second profitable quarter, which surprised most analysts.
Moreover, the company maintained its guidance of 50,000 new vehicle deliveries for the second half of 2016, with a plan of delivering just over 25,000 vehicles in the fourth quarter. Tesla had delivered 24,500 in the third quarter, which boosted Tesla.
The post Tesla Motors Inc: TSLA Stock Gets Over the Speed Bump appeared first on Profit Confidential.... Pubdate: Thu, 27 Oct 2016 12:39:48 +0000
GLW Stock: One Obstacle Remains
Corning Incorporated (NYSE:GLW) produces products that range from the aerospace and defense field, all the way to life sciences. It is not only our smartphones that have been improved by the innovations that this company offers. I have been enamored by Corning's range of products, but I have yet to share the same enthusiasm for the performance of GLW stock.
In 2006, Corning stock hit a high of $24.98, and 10 years later it is trading at $22.97. This is lackluster performance, and one could wonder why I would.
The post Corning Incorporated: The Price Point that Will Launch GLW Stock appeared first on Profit Confidential.... Pubdate: Thu, 27 Oct 2016 08:55:59 +0000
MU Stock: Signs Point North
Micron Technology, Inc. (NASDAQ:MU) produces memory and storage devices for all of our electronic needs. The demand in this sector seems insatiable because the amount of data we consume only increases as the content we demand is ever-growing in size and quality. I would think that this would produce a linear relationship with MU stock, but that has not been the case.
Micron stock has a habit of infatuating investors and then breaking their hearts. This type of chivalry is achieved as the price of this investment has.
The post Micron Technology, Inc.: These Indicators are Fueling MU Stock appeared first on Profit Confidential.... Pubdate: Thu, 27 Oct 2016 08:51:35 +0000
Apple Sales Drop, but AAPL Stock Should Have a Very Bullish Year Ahead
Apple Inc. (NASDAQ:AAPL) has disappointed investors with a marginal miss on "iPhone" sales; Apple stock fell over two percent on Wednesday.
But investors promptly realized that a slight miss on iPhone sales wasn’t going to alter the essential strength of the Apple brand and Apple stock, which has gained 12.2% year-to-date. Indeed, the drop was more of a correction than a vote on AAPL stock’s outlook.
Indeed, Wall Street itself dropped because Apple stock, a.
The post Apple Inc.: Apple Stock Could Hit New High in 2017 appeared first on Profit Confidential.... Pubdate: Thu, 27 Oct 2016 08:47:20 +0000
VMW Stock: Calm Before the...
VMware, Inc. (NYSE:VMW) stock is ready to move, and the news surrounding this company has set the appropriate backdrop to feed this move.
VMware has just announced a partnership with Amazon.com, Inc. (NASDAQ:AMZN), as the number of companies wishing to capitalize on cloud computing continues to grow. This announcement comes on the heels of a hybrid cloud partnership between VMware and International Business Machines Corp. (NYSE:IBM).
It is not a secret that the cloud has been.
The post VMware, Inc.: A Major Price Shock in VMW Stock is Expected appeared first on Profit Confidential.... Pubdate: Thu, 27 Oct 2016 08:44:07 +0000
Pandora Stock Bumps into a Growth Barrier
Pandora Media Inc (NYSE:P) stock lost about five percent, to close at $12.18 on Tuesday. Investors have been hugely disappointed by the company's third-quarter results, and Pandora stock is likely to go down further.
Pandora lowered its annual guidance, as the number of its active listeners declined. The number of its active listeners stands at 77.9 million in the third quarter, as compared to 78.1 million last year. Pandora stock has guidance for revenues between $1.35 billion and $1.37 billion for the year,.
Apple Stock Looks to the Next Growth Catalyst
Apple Inc. (NASDAQ:AAPL) stock closed in the green on Tuesday at $118.25. However, the stock is likely to remain subdued for the short term, as focus shifts to what could be the next growth catalyst for the company, given the decline in its annual revenues.
Apple announced its fourth-quarter results yesterday. The prime focus was "iPhone 7" shipments, which were reported at 45.51 million. This was better than the estimates of around 44.8 million. Also, the tech giant provided better-than-expected guidance for.
The post AAPL Stock: New Strategies to Work Their Magic on Apple Inc. appeared first on Profit Confidential.... Pubdate: Wed, 26 Oct 2016 11:35:56 +0000
DIS Stock: The Moment of Truth
Walt Disney Co (NYSE:DIS) stock has been in the spotlight recently, as the company has been in headlines as one of the suitors of Twitter Inc (NYSE:TWTR). I am not even going to speculate how this would fit with Walt Disney Co's business model, but the company has always been on the leading edge of technology. These rumors have been laid to rest, but I am sure if Walt Disney Co ever does decide to pursue such a venture, the company would no doubt find a way to monetize it.
Walt Disney Co has.
The post Walt Disney Co: The Future Direction of DIS Stock Depends on This appeared first on Profit Confidential.... Pubdate: Wed, 26 Oct 2016 11:02:22 +0000
UA Stock Drops 12% After Reporting 22% Growth: Are the Bears Right?
Steadily growing since its creation in 1996, the Under Armour Inc (NYSE:UA) brand has scored crucial deals with large American sports leagues and stars. Despite this, and despite UA stock's solid earnings report on October 24, Under Armour stock continues to trade below its 200-day moving average for the year.
It’s a bit of a catch-22 situation. After reporting higher-than-expected revenues and nine percent better earnings for the quarter, investors dropped Under Armour.
The post Under Armour Inc: This Could Send UA Stock Soaring appeared first on Profit Confidential.... Pubdate: Wed, 26 Oct 2016 10:59:37 +0000