With the market near records, many stocks have surged as well. Technology giant Apple hit a new record stock price on Friday, currently near $270 per share, after Citigroup boosted the company’s upside price target by 20% yesterday, predicting blockbuster holiday sales for products like Airpods and the Apple Watch. Another of the big four tech companies, Google, also reached a new all-time high, ...
In an era when digital advertising is widely dominated by the 'Big Two,' news that Google might give media a cut has the internet buzzing, and raises the question, 'What will Facebook do?' more...
Google shares are up 7.5% in the three months or so since the the day after the company reported results for its first quarter in 2017, on April 27, 2017. Google's shares are only slightly ahead of the QQQ's which are up 6.2% in that same period and the Nasdaq which is up 5.6% since then. more...
With the Nasdaq Composite index breaking through the 6,000 milestone for the first time and the Dow Jones Industrial Average regaining territory above 21,000, does this market exuberance represent a new ‘dotcom-style’ bubble or a tech revolution? And, what should investors consider now. Amazon, Apple, Facebook, Google and Microsoft, which combined account for something a tenth of US market capitalization and keep notching up one record ...
The praise from Wall Street was effusive in the wake of Facebook’s second-quarter earnings report July 23, rushing to boost ratings and raise price targets. The table tilted slightly back the other way Wednesday morning, when analysts at Janney Capital Markets dropped their rating from buy to neutral, warning that investors may not be willing to pay such rich prices for the social network in 2015 and beyond. Janney’s Tony Wible is ...
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