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Tag Archives: stock

What caused the latest Netflix stock slump?

Netflix might be the world’s most popular streaming service, but that doesn’t mean that everything is rosy at the company. Indeed after announcing its first quarter earnings, investors have shown their usual level of (in)stability and have sent shares crashing down more than 10 per cent in extended trading. These …

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Tesla stock blossoms despite reporting losses

Off of the back of its announcement on a final price for the Tesla Model 3, the electric car firm announced that it had once again made a loss: $107 million for the quarter closing out 2015. It also reported plans to spend upwards of $1.5 billion on investment in …

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Google’s parent company, Alphabet, is now worth more than Apple

For a while, it look liked Apple might be the first company to ever break through the trillion dollar threshold, but now perhaps it will be Google’s parent company, Alphabet. The recently launched initiative to separate Google’s profitable businesses from its more experimental ones has paid off, with the latest …

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Facebook makes its first billion dollar quarter profit

Despite being one of the world’s most valuable companies for the best part of a decade, it’s taken a long time for Facebook to earn the kind of money that matches its valuation. Still as advertising on it has improved and it’s increased its usage to more than a billion …

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Toshiba to cull thousands of jobs, sell off businesses

Despite being one of the most recognisable technological brands in the world, Toshiba has announced that it will be cutting as many as 7,000 jobs in its electronics divisions following its accounting scandal from earlier this year. On top of that it will be selling its TV manufacturing facility in …

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Vivendi gets back into video games with Ubisoft stock buy up

Vivendi is one of those background names that was in the gaming industry, but not in the gaming industry. It used to own a majority stake in Activision Blizzard, but when that publishing giant freed itself from its corporate overlords with a stock purchase in 2013, Vivendi took even more of a …

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Is someone going to buy Twitter?

Despite having an active user base of over 300 million people, Twitter has struggled to monetise quite like other social network giants like Facebook and it’s shed many millions of users over the years. Despite revenue growth in the short term however, investors and shareholders have not been happy, so CEO …

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Don Mattrick ousted from Zynga, stock bombs

When Don Mattrick made a pig’s ear of the Xbox One unveiling, suggesting that users without decent internet should just buy an Xbox 360 among other things, no one thought he would be hired on by another large gaming company, but that’s exactly what happened. Just a short while after …

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Samsung might be buying Blackberry

Blackberry, one of the long standing powerhouses in the mobile game until somewhat recently in its history, could well be bought out by Samsung. If that does go ahead, the rumoured figure is a staggering, $7.5 billion (£4.9 billion) but if so, it’s unlikely to be for its place in …

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Google reports weaker than expected third quarter results

Google reported its third quarter earnings last night, revealing a gross revenue of $16.52 billion, acquisition costs of $13.17 billion, GAAP earnings per share of $4.09 and non-GAAP earnings per share of $6.35. Those are some pretty strong numbers, but apparently they weren’t strong enough for Wall Street as Google …

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Amazon losses point to tough year ahead

Amazon is just one of those web entities that you assume is big enough to support itself almost indefinitely. It has the world’s most recognisable web retail outlet and has its fingers in so many pies, something must be going well, right? Not so, as this last quarter it posted …

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Kim Dotcom to float Mega on stock exchange for $210 milllion NZ

Internet entrepreneur and polarizing figure, Kim Dotcom, has announced that his latest file locker company, Mega, is going to be floated on the New Zealand stock exchange through a reverse takeover of already listed shell company, TRS Investments – though he will still need TRS shareholder approval. According to the …

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Current PS4 pre-orders confirmed for Christmas delivery

Last week we reported that there may not be enough PlayStation 4 stock to go around, causing shortages for months after release. However, Sony has come out to reassure customers that they will get their PS4’s before Christmas. Fergal Gara, Managing Director of Sony UK stated: “Everyone who has put …

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HTC encounters serious supply problems with One Mini

Successful companies know how to build momentum. They inject interest into the market and motivate us to buy product that is available on the shelves. Mis-timing a launch is an expensive business, because you will have shot your powder too early and have no ‘bang’ left when the product finally …

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Biggest Dell shareholder calls for opening of books

Dell

The biggest shareholder outside of Dell, Southeastern Asset Management (SAM), has called on the computer firm to out its yearly books, making its financials available to all – ahead of what many are thinking will be a return to private ownership. SAM currently owns eight per cent of the PC …

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EA drops off NASDAQ 100

EA Games

EA Games has been dropped from the NASDAQ 100, a stock market index of the top 100 non-financial businesses that feature on the NASDAQ stock exchange, with other large firms Netflix and RIM also falling from grave. However, as some leave others must take their place and Facebook and Western Digital …

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THQ is in real financial trouble

THQ Nosedive

Forget the delays previously announced for upcoming THQ games, the company’s future itself may be in jeopardy, as it’s now being reported that its stock has taken a further near 50 per cent slump according to Reuters. This is a harsh blow for the company which has struggled to maintain …

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