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Category: Enterprise


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 […]


Enterprise, Industries

New Netflix analyst on Wall Street says stock could fall 15% if it’s forced to spend more on content

December 3, 2019

Via: CNBC

Citi has a new Netflix analyst and he’s joining the minority of Wall Street analysts that are cautious on the stock. The firm transferred coverage of Netflix to analyst Jason Bazinet. He started with a neutral rating and a $325 […]


Enterprise, Industries

Uber shares hit after losing license to operate in London over safety fears

November 25, 2019

Via: Market Watch

Uber shares fell by 6% in premarket trading after global ride-hailing app was stripped of its London license. The company lost its license to operate in England’s capital city on Monday after the transport regulator discovered more than 14,000 journeys […]


Enterprise, Industries

Cisco earnings: results from the network-gear maker may refresh fears of a tech-spending slowdown

November 12, 2019

Via: Market Watch

A disappointing forecast in August, hinting at weakness in China and corporate tech-spending, knocked Cisco Systems Inc. shares down. The question when Cisco delivers its most recent quarterly update is whether that spending trend continues. Cisco CSCO, -1.49% is seen […]


Enterprise, Industries

WeWork is reportedly seeking a $4 billion lifeline from SoftBank and JPMorgan

October 8, 2019

Via: Business Insider

WeWork is seeking a $4 billion lifeline from SoftBank and JPMorgan, according to Reuters. The shared workspace group is in talks with its largest investor for a $1 billion injection, which it hopes to parlay into a $3 billion debt […]


Enterprise, Industries

HP to slash 7,000 to 9,000 jobs over three years as part of major restructuring

October 7, 2019

Via: Market Watch

HP Inc. on Thursday announced a major restructuring that will eliminate 7,000 to 9,000 jobs over the next three years as part of a series of moves to transform the computing giant into a software and services powerhouse. “This is […]


Enterprise, Industries

Netflix stock falls again as the previous most-bullish analyst slashes price target

September 25, 2019

Via: Market Watch

Shares of Netflix Inc. sank again Tuesday, enough to turn negative for this year, after the previously most-bullish analyst slashed his price target to below the Wall Street average, citing expectations that the path to profitability will take longer than […]


Enterprise, Industries

China’s Tesla Has Already Lost $5 Billion and Now It’s Fighting for Its Survival

September 23, 2019

Via: Fortune

It took Tesla Inc. about 15 years to rack up $5 billion in losses. The company known as China’s Tesla did it in four. The bleeding continues. Shanghai-based NIO Inc. is poised to report Tuesday that it lost another 2.6 […]