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Category: Enterprise


Enterprise, Industries

Oracle earnings show best revenue growth in nearly two years

March 13, 2020

Via: Market Watch

Oracle Corp. shares moved higher in after-hours trading Thursday after the company reported sales growth of slightly less than 2%, its highest increase in nearly two years. Oracle ORCL, -11.00% reported fiscal third-quarter profit of $2.6 billion, or 79 cents […]


Enterprise, Industries

Tesla’s stock spikes above $850 after Bernstein sees no ‘imminent’ negative catalyst

February 19, 2020

Via: Market Watch

Shares of Tesla Inc. shot back above $850 Tuesday, after Bernstein analyst Toni Sacconaghi nearly doubled his price target, saying he didn’t see any negative catalysts on the horizon for a stock that wasn’t especially expensive. The electric car maker’s […]


Enterprise, Industries

How Apple defied the odds to post the biggest quarterly profit ever

February 17, 2020

Via: Fortune

Well, the bears blew this call. Many on Wall Street worried Apple was stagnating at this time last year, pinned under the weight of slowing iPhone sales and a failure to produce new market-dominating products. The stock fell 38.8% from […]


Enterprise, Industries

Ford reports $1.7 billion quarterly loss, shares tumble

February 5, 2020

Via: Market Watch

Ford Motor Co. shares fell as much as 11% in the extended session Tuesday after the U.S. auto maker missed adjusted profit expectations and posted a GAAP loss for its fourth quarter. Ford F, +2.23% said it lost $1.7 billion, […]


Enterprise, Industries

Tesla is jumping yet again, soaring 14% in early trading following a 19% surge on Monday

February 4, 2020

Via: CNBC

Tesla jumped again on Tuesday, set to open at a new record high as major shareholder Ron Baron forecast the company will top $1 trillion in revenue in a decade and as investors who bet against the stock scrambled to […]


Enterprise, Industries

Tax incentives juiced Tesla’s recent sales. But now those incentives are gone

January 29, 2020

Via: Fortune

When reporting earnings on Wednesday, Tesla is unlikely to emphasize the short-term benefits of a worrisome long-term trend for the company: the elimination of tax incentives for electric cars buyers. In the U.S., for instance, buyers of a Tesla, or […]


Enterprise, Industries

Apple earnings: A year after holiday misfire, Apple is worth twice as much

January 28, 2020

Via: Market Watch

What a difference a year makes. After flubbing the holiday period a year ago, Apple Inc. AAPL, +1.76% is sitting pretty as it prepares to update investors on what could be a record quarter of sales. The company’s stock has […]


Enterprise, Industries

IBM earnings: Outlook for 2020 amid soft software market is key

January 21, 2020

Via: Market Watch

Soft spending on enterprise software could set up a big challenge for International Business Machines Inc. in 2020, so how Big Blue spins its forecast for the year will carry a lot of weight when the company reports earnings. IBM […]


Enterprise, Industries

Apple’s stock has now doubled in a year amid ‘impressive’ App Store sales data

January 9, 2020

Via: Market Watch

Shares of Apple Inc. surged to another record high Wednesday, and have now doubled over the past year, in the wake of the company’s report on its app store sales. The technology behemoth AAPL, +1.61% said Wednesday that App Store […]


Capital, Enterprise, Finance Tech, Industries

Citi raises Apple price target on strong holiday demand for wearables like AirPods, Apple Watch

December 5, 2019

Via: CNBC

Citi raised its price target on Apple’s stock to $300 from $250, as the firm told investors it expects stronger sales and profits this holiday gift-giving season in a note titled “Why this Christmas is Different for Apple.” Apple shares […]