Enterprise services provider SAP (NYSE: SAP) continues to ride high on the success of Hana and its Cloud initiative. In the recent result announcement, SAP missed its earnings expectations. But the market is not worried and the stock has soared to a record high. Nothing appears to be stopping this stock.
According to eMarketer’s report on US advertising, total digital ad spending in the country is expected to grow 16% to $83 billion this year. While Alphabet will remain the leader in the market with 41% of US digital ad revenues, it will continue to lose ground to Facebook (NASDAQ: FB) within display advertising. Facebook’s US
Apple (Nasdaq: AAPL) may have become the largest dividend payer in the world and may have a cash pile bigger than the market cap of GE, but the market is still not impressed. After touching a record high before the result announcement, the stock fell as the company continued to struggle with growing its iPhone
The unstoppable Alphabet (Nasdaq: GOOG) appears to be moving fast to break the $1000 a share price tag. Its consistently stellar performance has helped drive its market cap north of the $600 billion market cap level for the first time. And, it doesn’t look like the growth will slow down soon. According to eMarketer, US
According to BI Intelligence, US consumer online spending will grow from $385 billion in 2016 to $632 billion in 2020. While the average US retail growth rate was just 2% in the first half of 2016, it was 16% for e-commerce. Amazon (NASDAQ: AMZN) is the dominant force in the US e-commerce sector with a
Earlier this week Twitter (NYSE: TWTR) announced its first quarter performance, which surpassed market expectations. But the market is still not pleased. This was the first ever quarter that showed declining revenues since the company went public. And, the future doesn’t look much rosier.
After 21 years of being listed on the stock exchange, Yahoo (Nasdaq: YHOO) recently announced the results for its last quarter as a public company. Once the jewel of the Internet, Yahoo’s story is a remarkable one that proves how continuous mismanagement and lack of focus can drive a company to its demise. Over the past
Ride-sharing app Uber appears to excel in how to be in the news for all the wrong reasons. Earlier this year, the company was accused of turning a blind eye to sexual harassment in the office. Later on, there was a viral video showing its CEO Travis Kalanick berating an Uber driver. Then, this week, it