Markets News

Morgan Stanley Value Netflix Content Library at $11bn

  The stock of entertainment company Netflix Inc. (NASDAQ: NFLX) has nearly doubled in value in the past one year. Netflix’ strategy of developing in-house content is certainly bringing in a large number of subscribers both in the US and

Read More

Wells Fargo Misses Q2 Rev. View, Efficiency Declines

  The third-largest bank in the US by assets, Wells Fargo & Company (NYSE: WFC), reported its fiscal 2017 second-quarter earnings that beat analysts’ estimates. However, the bank missed Q2 revenue expectations. Additionally, the issues discussed below indicates that the

Read More

Boeing Receives $294m Order from Algeria

  The stock of aircraft manufacturer Boeing (NYSE: BA) recorded a yearly high of $204.58 last week. Analysts attribute the positive response from customers for the bigger version of the 737 airliner, unveiled at the Paris air show, as the

Read More

Samsung Turns Bullish on Issuing Upbeat Q2 View

  The GDR (Global Depository Receipt) of Samsung Electronics Co L (BMV:SMSNN) recorded a new 12-month high of $1061 in the last week of June. The stock is now consolidating at 1030 levels. On the basis of impressive fiscal 2017

Read More

Las Vegas Sands Seen Winning Japanese Casino License

  Having recorded a new yearly high of $66.22 on the third-week of June, the stock of Las Vegas Sands (NYSE: LVS) has declined about 10% to close at $62.17 yesterday. Strong gaming revenue growth in Macau has mainly contributed

Read More

Ford Turns Bullish After Outselling June Estimates

  In the last week of April, Ford Motor Company (NYSE: F) reported a 35% y-o-y decline in the fiscal 2017 first-quarter net income. However, the non-GAAP earnings and revenues were higher than analysts’ estimates. Still, on May 4th, on

Read More

Alibaba Plans to Unveil Smart Speaker

  Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) reported an impressive fiscal 2017 fourth-quarter results in May. On the basis of a 60% y-o-y increase in Q4 revenues, compared to last year, we had forecasted a strong rally

Read More

Nike Beats Q4 2017 Estimates, Inks Deal with Amazon

  The stock of footwear, apparel, and accessories manufacturer Nike Inc. (NYSE: NKE) hit a three month high of $59.71 on last Friday, after the company reported a stupendous fiscal 2017 fourth-quarter earnings that surpassed analysts’ estimates. The Q4 revenue

Read More

Alphabet’s Waymo Strikes Deal with Avis Budget Group

  On the basis of a report issued by Goldman Sachs on tech stocks, and a rating downgrade by Canaccord Genuity, on June 20th, we had issued a report forecasting a downtrend in the stock of Alphabet (NASDAQ: GOOG), which

Read More

JnJ Completes Acquisition of Actelion

  On April 25th, we had forecasted an uptrend in the stock of consumer, pharmaceutical, and medical device manufacturer Johnson & Johnson (NYSE: JNJ), and informed our intention to take a long position in the form of a call option.

Read More