PhotoCreditNearly everything on the stock market fell on Thursday, with some tech companies taking particularly hard hits.Most notably, Twitter dropped back to its initial public offering price of $26, after continued questions about whether the service can keep attracting new users. Netflix plunged nearly 8 percent, while Facebook fell 5 percent and LinkedIn declined 4 percent.The carnage kept on going […]
Hewlett-PackardTechnology company Hewlett-Packard reports quarterly earnings on Thursday. Its stock has fallen more than 17 percent this year.HP has a chance to move higher after its earnings and could rise to $38 per share in the short term, said trader Guy Adami. It closed around $33 on Wednesday.But HP stock may not react well after earnings, and investors should stay […]
Entering the week we noted holiday weeks are generally known for quiet, low volatility sessions with a modest upward skew – and that is exactly what we have seen this week. The S&P 500 gained 0.28% and the NASDAQ 0.61% as buyers slowly came into the market all day. Orders for U.S. business equipment such as machinery and electrical gear […]
Breaking–A+Apple reaches record breaking $700 billion market cap as stock surge continuesBy Neil HughesTuesday, November 25, 2014, 06:42 am PT (09:42 am ET)Shares of Apple reached another major financial milestone on Tuesday, crossing the $700 billion market capitalization threshold just after trading began on Wall Street.
With shares of AAPL trading at an all-time high, Apple is more valuable than it […]
How automation at scale can put HP ahead in Big Data services | #HPBigData2014 Cheryl Knight | August 20thREAD MOREBeing able to handle massive amounts of Big Data can help a company keep a step ahead of its competition, and Hewlett-Packard, Co. is hoping to provide the platform to help companies gain the lead. Real-time data in particular can empower […]
Benchmarks ended in the positive territory on Friday, following reports of a rise in new home sales. Friday’s gains led the S&P 500 close at a record high and helped the blue-chip index close in the green for the year. Homebuilder stocks were among the biggest gainers for the day. Hewlett-Packard and GameStop’s better-than-expected earnings added to the bullish sentiment. […]
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By AAP | 23.05.2014 11:55 PM
US stocks have opened higher after mixed earnings reports ahead of a long holiday weekend to commemorate Memorial Day.Five minutes into […]
The recent correction in U.S. software stocks has created an opportunity, says Richard Davis at Canaccord Genuity, who is telling clients to inch their way back into the sector.The analyst believes it is very unlikely that the “March Meltdown” signals a repeat of 1973, 2001 or 2008, since those episodes were accompanied by meaningful economic weakness.“Investors are letting stock prices […]
In his latest appearance on theCUBE at last week’s Discover summit in Barcelona, Colin Mahony, VP and GM of HP Vertica, shared how the database maker fits into Hewlett-Packard’s analytics strategy.After being acquired by HP in March 2011, Vertica gained access to hardware, service expertise and channel resources that enabled it to expand into global markets, Mahoney tells hosts John […]
