Apple Inc.’s New MacBook Pro Computers Aren’t Overpriced

Apple Inc.’s New MacBook Pro Computers Aren’t Overpriced

When Apple (NASDAQ:AAPL) announced its latest 13-inch and 15-inch MacBook Pro computers, there were some potential buyers who were completely put off by the prices. The base model of the 13-inch MacBook Pro with Touch Bar runs $1,799, and the base 15-inch MacBook Pro runs a cool $2,399. These are clearly high-priced, premium systems. However, → Read More

Google Capital is now an investor in Snapchat

Google Capital is now an investor in Snapchat

Google unveils new phone, VR headset, and Chromecast Google’s parent company now owns a piece of Snapchat. Google Capital, one of Alphabet’s two venture capital arms, quietly added Snapchat to its list of investments as part of a brand refresh and website redesign on Friday. No details were provided about the timing, reasoning or size → Read More

Alphabet Slows Its Fiber Roll

Alphabet Slows Its Fiber Roll

Fiber has been the biggest driver of capital expenditures in Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) “Other Bets” segment. Other Bets capex totaled $324 million last quarter, up 20% year over year, reflecting ongoing investments in Fiber. The high-speed internet service expanded to four new cities last quarter. But Fiber is pressing pause on further expansion. Craig Barratt, → Read More

Shutterstock Shares Fall on Weak Sales, Guidance

Shutterstock Shares Fall on Weak Sales, Guidance

The world has gone digital, and Shutterstock (NYSE:SSTK) aims to deliver the digital images and videos that clients increasingly need in order to relate to their own customers. Yet the industry has become increasingly competitive, and coming into Friday’s third-quarter financial report, Shutterstock investors wanted to see evidence that the company could continue to grow → Read More

Here’s Why California Resources Corp’s Stock Is Surging Today

Here’s Why California Resources Corp’s Stock Is Surging Today

What happened Shares of California Resources (NYSE:CRC) jumped as much as 12% on Friday after reporting its third-quarter results. So what After months of bare-bones spending as the company worked to get both its costs and debt down, California Resources detailed a notable turn during the third quarter. Thanks to rising oil prices and a → Read More

What Happened in the Stock Market Today

What Happened in the Stock Market Today

Stocks couldn’t hold on to their earlier gains on Friday as an afternoon decline left both the Dow Jones Industrial Average (DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes finishing with minor losses. Today’s stock market Index Percentage Change Point Change Dow (0.24%) (42.39) S&P 500 (0.17%) (3.48) The United States Oil Fund (NYSEMKT:USO) fell by more → Read More

3 Oil Stocks to Buy in November

3 Oil Stocks to Buy in November

There’s still a lot of debate over where the price of oil will go in the future. Some say it’s poised to head higher because of improving fundamentals, while others think it could stay stagnant for years to come. That’s a less-than-ideal environment for investors unless they own companies that can profit in any oil market. Here → Read More

Apple cuts prices on dongles after complaints

Apple cuts prices on dongles after complaints

See Apple’s new MacBook Pro in :90 In a surprise move, Apple is slashing prices on its dongles and accessories. The news follows complaints from potential shoppers that the new MacBook Pro laptop isn’t compatible with current device accessories. Apple’s (AAPL, Tech30) suite of new MacBook Pro computers, which was announced last week, only include → Read More

Electronic Arts Inc. Sales Boosted by Sports, Star Wars Franchises

Electronic Arts Inc. Sales Boosted by Sports, Star Wars Franchises

Electronic Arts (NASDAQ:EA) saw its fiscal second-quarter sales rise along with the continued success of its blockbuster sports and combat-based games. Electronic Arts results: The raw numbers   Q2 2017 Q2 2016 Growth (YOY) Revenue $898 million $815 million 10% Net Loss ($38 million) ($140 million) N/A Net Loss Per Share ($0.13) ($0.45) N/A What → Read More

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