Technology

Nokia Defends Itself to Show Alcatel-Lucent Woes Not Material

Shares of Nokia Corp. (NYSE: NOK) took it on the chin after the Finnish (and French) mobile and communications equipment maker warned of compliance issues at its Alcatel-Lucent business in ...
Read Full Story »

Molly Wood: What Apple and Comcast are up to

Watching American Public Media’s cord-cutting radio host work through the repercussions. From @mollywood‘s twitter feed: Ok I have just read this: Apple’s plan for its new TV service: Sell ...
Read Full Story »

Micron Earnings Surprise a Huge Positive for Top Semiconductor Equipment Stocks

If there was any report that tech investors were dreading it was the one from Micron Technology Inc. (NASDAQ: MU), as most on Wall Street anticipated the worst. Surprisingly, the ...
Read Full Story »

Goldman Sachs Adds Red-Hot Networking Stock to Conviction Buy List

All the Wall Street firms that we follow here at 24/7 Wall St. keep a list for their institutional and retail clients of high-conviction stock picks. These are generally the ...
Read Full Story »

Peter Kafka: What Apple’s got up its sleeve for Monday

“One thing Apple won’t do is unveil a serious competitor to Netflix, Hulu, Disney…”   From Apple’s plan for its new TV service, posted Thursday on Recode: On Monday it ...
Read Full Story »

Apple is once again the world’s most valuable public company

Apple’s market cap overtook Microsoft’s Thursday, if only briefly.   Reminder: Market cap = share price x shares outstanding. My take: Apple and Microsoft could switch places again before ...
Read Full Story »

Is Amazon Courting Danger by Restricting Some Product Advertising?

Now may not be the best time for Amazon.com Inc. (NASDAQ: AMZN) to get tough with some of its Marketplace resellers. The European Commission (EC) just slapped a $1.7 billion ...
Read Full Story »

Citi catapults Apple price target 30%

Analyst Jim Suva rises from deep underwater “despite dour sell side sentiment.”   TheFly has the scoop: Citi analyst Jim Suva raised his price target for Apple to $220 ...
Read Full Story »

Why Apple’s New Streaming Service Could Be Worth $60 Billion or More to Shareholders

Wedbush Securities has been quite positive on Apple Inc. (NASDAQ: AAPL) over time, continually being above the consensus price targets. The firm's Daniel Ives has an Outperform rating for the ...
Read Full Story »

Top Wall Street Semiconductor Analyst Says Stay With 2 Hot Sector Leaders

Typically many Wall Street analysts are the kings and queens of after-the-fact calls. Often, but not always, they continue to pound the table on a company, even when the fundamentals ...
Read Full Story »

Q2 Report: Is Micron Slowing Down?

Micron Technology, Inc. (NASDAQ: MU) released its fiscal second-quarter financial results after the markets closed on Wednesday. The firm said that it had $1.71 in earnings per share (EPS) and ...
Read Full Story »

Higher Expectations for AMD After Google Partnership

It was just on Tuesday that Alphabet Inc. (NASDAQ: GOOGL) confirmed that Advanced Micro Devices Inc. (NASDAQ: AMD) would be the winner of its new Stadia cloud-based streaming video game ...
Read Full Story »

Apple tweets a product release

The official announcement of the much-delayed wireless AirPods case landed 20 minutes later.   Posted Wednesday by @tim_cook at 5:31 a.m. Pacific Time: pic.twitter.com/x3OGOekxc0 — Tim Cook (@tim_cook) March ...
Read Full Story »

Will a $1.7 Billion Fine Make Google Flinch?

In a terse filing with the U.S. Securities and Exchange Commission Wednesday morning, Alphabet Inc. (NASDAQ: GOOGL) announced that the company would take a €1.49 billion ($1.7 billion) charge in ...
Read Full Story »

What to Expect When Micron Reports After the Close

Micron Technology Inc. (NASDAQ: MU) is scheduled to release its fiscal third-quarter financial results after the markets close on Wednesday. The consensus estimates call for $1.67 in earnings per share ...
Read Full Story »