Citron Research released a new report on Ambarella Inc AMBA 1.63% that reiterated the firm’s extremely bearish outlook for the chip maker. In the report, Citron specifically calls out Jim Cramer’s bullish thesis for Ambarella as “ridiculousness,” and then explains how the stock’s current share price and the market’s high expectations for Ambarella are “detached…
The U.S Patent and Trademark Office (USPTO) handed Digital Ally, Inc. DGLY 2.46% a major legal victory on Wednesday, issuing a final decision invalidating the majority of the claims against Ally after a nearly two-year legal battle with Utility Associates Inc. Digital Ally is a developer, manufacturer and marketer of advanced law enforcement video surveillance…
Twitter Inc TWTR 0.74% dropped a bombshell on Wall Street when it announced its Q2 earnings and revealed user growth numbers that fell significantly below consensus expectations. Despite beating consensus top-line and bottom-line numbers, the user number disappointment sent Twitter shares plunging more than 15 percent on Wednesday, and it had Wall Street analysts scrambling…
So far, 2015 has been the year of growth stocks, with high-growth, high-price stocks Netflix, Inc. NFLX 4.18% and Amazon.com, Inc. AMZN 1.47% leading the S&P 500 to new all-time highs. However, just because growth is en vogue this year doesn’t mean that dividend stocks have been completely left in the dust.
Digital payment company PayPal Holdings Inc PYPL 1.32% has partnered with Subway to add PayPal’s OneTouch technology to Subway’s mobile app.
A group of Russian government-backed hackers gained access to important U.S. government and defense industry computers, according to a report from Reuters They’ve done so by using a method of infiltration and communication that involved online photo data and social media site Twitter Inc TWTR 0.74%.
RBC Capital Markets released a new report this week detailing its updated take on the specialty pharmaceuticals sector following the announcement of Teva Pharmaceuticals TEVA 2.55%’s buyout of Allergan Plc AGN 2.7%. Analyst Randall Stanicky revisited several companies in the sector based on the information presented in conference calls and the deal’s analyst event.
With revenue in the world’s largest gaming destination, Macau, China, recently falling to its lowest level since November 2010, casino investors have been looking to the state of Nevada for some much-needed good news this year. The state’s Gaming Control Board recently released its report on gaming revenue for the month of June. Here’s a…
Following the company’s impressive Q2 earnings report, Bank of America has upgraded U.S. regional casino operator Boyd Gaming Corporation BYD 0.36% from Underperform to Neutral. In a new report, analyst Shaun Kelley explained why the firm now sees stability returning to Boyd’s business.
There have been a lot of potentially market-moving developments in the auto industry lately. Here’s a rundown of three particular developments have captured the attention of auto investors.