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Market News

Take-Two Interactive Software Inc (TTWO) Powers Up Holiday Guidance

Take-Two Interactive Software Inc (Nasdaq: TTWO) has leveled up its revenue guidance for the current quarter, sending its stock higher by more than 12 percent Wednesday morning. Take-Two’s solid outlook for the critical holiday shopping season comes after video game competitors disappointed Wall Street with their outlooks this earnings season.

November 19, 2017 in Market News.

Tencent Takes Big Stake in Snap Inc Stock

A Chinese holding company bought a 10 percent stake in Snap’s (NYSE: SNAP) stock, the companies announced today, turning over a 20 percent loss in the U.S. company’s share price after Snap reported disappointing earnings on Tuesday.

November 19, 2017 in Market News.

Investors Shrug off Apple Inc. (AAPL) iPhone Bug

Apple Inc. (Nasdaq: AAPL) investors are excited to get market feedback on iPhone X’s unique and advanced features. Unfortunately, an annoying bug in one of the most basic features of the smartphone is getting much of the attention this week.

November 19, 2017 in Market News.

Priceline Group Inc (PCLN), Travel Companies Are in Trouble

Priceline Group Inc (Nasdaq: PCLN) collapsed by more than 10 percent on Monday after the company issued fourth-quarter guidance that fell short of Wall Street’s expectations. The company’s earnings report continued a weak earnings season for online travel sites.

November 19, 2017 in Market News.

Broadcom Ltd (AVGO) Makes $130B Bid for Qualcomm

Shares of Broadcom Ltd. (Nasdaq: AVGO) and Qualcomm (QCOM) both jumped Monday after Broadcom made an unsolicited offer of $130 billion for the mobile chipmaker.

November 19, 2017 in Market News.

Papa John’s Int’l Inc. (PZZA) May Regret Blaming the NFL

If Papa John’s Int’l Inc. (Nasdaq: PZZA) thought it could sway public opinion by blaming weak third-quarter sales on football players taking a knee during the national anthem at National Football League games, it made an expensive miscalculation.

November 19, 2017 in Market News.

Apple Inc. (AAPL) Stock Soars on iPhone X Launch Day

After months of anticipation, hype and skepticism, the Apple Inc. (Nasdaq: AAPL) iPhone X is officially here. Customers who preordered the iPhone X will begin receiving their devices on Friday, and Apple investors are optimistic that the iPhone X will propel Apple stock to the next level.

November 19, 2017 in Market News.

Tesla Inc (TSLA) Could Lose a Major Tax Credit in 2018

The bad news keeps rolling in for Tesla Inc (Nasdaq: TSLA). TSLA stock dropped 6.8 percent Thursday after investors learned that the GOP tax plan would eliminate a $7,500 federal tax credit that makes it easier to buy electric vehicles.

November 19, 2017 in Market News.

Record Revenue Growth for Alibaba Group Holding Ltd (NYSE: BABA)

Alibaba Group Holding Ltd (NYSE: BABA) stock traded higher by 1 percent on Thursday morning after the company reported a big fiscal second-quarter earnings beat and raised its full-year guidance.

November 19, 2017 in Market News.

What to Expect From Apple Inc. (AAPL) Earnings

Apple Inc. (Nasdaq: AAPL) will report its highly anticipated fiscal fourth-quarter earnings on Thursday after the market closes, and investors will be looking for clarity from the company on early iPhone 8 and iPhone X demand and production.

November 19, 2017 in Market News.

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