With a market capitalization of more than $500 billion, Microsoft Corporation (Nasdaq: MSFT) is one of the largest technology companies in the world. But despite its massive size, Canaccord Genuity analyst Richard Davis says Microsoft’s revenue growth may soon start to accelerate once again.
OLED screens, facial recognition software, wireless charging capabilities and augmented reality features are just a handful of the technological advancements featured in the Apple, Inc. (Nasdaq: AAPL) iPhone 8, iPhone 8 Plus and iPhone X models.
PepsiCo Inc. (NYSE: PEP) investors got the earnings beat they were hoping for on Wednesday, but the stock is trading down after quarterly revenue fell short of analyst expectations. North American beverage sales continued to weaken, and its snack business was unable to pick up the slack.
The Standard & Poor’s 500 index is off to a strong start to the week, up another 0.6 percent to new all-time highs. While fresh highs have been a routine occurrence throughout the eight-year-old bull market, a handful of familiar names are conspicuously absent from the recent rally.
Berkshire Hathaway Inc. (BRK.A, BRK.B) announced Tuesday that the company is taking a 38.6 percent equity stake in Pilot Travel Centers, the largest travel center operator in North America. The Haslam family will maintain its 50.1 percent majority ownership stake in the company, and owner Jimmy Haslam will maintain his position as CEO.
General Motors Co. (NYSE: GM) stock has surged nearly 21 percent in the past three months to new multi-year highs as Wall Street has recognized GM’s favorable position in the automated vehicle business. That’s one reason why its one of U.S. News’ top stocks to buy in October.
Shares of Las Vegas casino stocks are down Monday after the most deadly and horrific mass shooting in U.S. history left at least 50 dead and 200 wounded on the Las Vegas Strip on Sunday night. Casino investors are concerned that the incident may impact travel to the Vegas Strip despite early indications that the primary suspect…
Soda giant PepsiCo, Inc. (NYSE: PEP) is expected to report its third-quarter earnings on Wednesday morning. PepsiCo and rival Coca-Cola Co. (KO) have had a rough go of it so far in 2017 amid increasing competition in the U.S. beverage business, a trend which is unlikely to change in the back half of the year.
Celgene Corporation CELG 0.12% stock plummeted 10 percent Friday after the company reported that its testing of GED-0301 for treatment of Crohn’s disease has failed to meet its efficacy targets.
Yet another earnings miss and guidance cut and the threat of a potential dividend reduction may have given General Electric Company GE 2.5% traders exactly what they’ve been waiting for: rock bottom.