Google Inc (NASDAQ GOOG) has made history with its Internet innovation – but now it’s about to leave the same mark on another industry. GOOG knows the healthcare sector is one of the fastest-growing markets today. Healthcare is a $2.8 trillion-a-year industry in the United States alone. Healthcare spending currently accounts for 18% of the…
Facebook Inc (NASDAQ FB) stock spiked in early trading on Monday following a report from Morgan Stanley which initiated coverage assigning an Overweight rating and a price target of $90 on the stock. Morgan Stanley’s Benjamin Swinburne also tells investors not to worry about the rising expenses. Facebook’s increasing expenses will hurt the stock in…
Despite posting better-than-expected earnings, Biogen Idec’s (BIIB) shares fell 5.4% immediately after the release of third quarter results. Although shares recovered slightly in the subsequent trading session, the overall decline is approximately 3.3% since the announcement of third quarter results. The decline in share price reflects concerns regarding the growth prospects of Biogen’s oral multiple…
The bitcoin price continued its decline this week, deepening losses that began last week. However, fundamentals suggest there may be reason for optimism in the long-run. Bitcoin was trading at $352 at the start of the week, close to its high for the period. It dropped to a low of $320 on Saturday. It closed…
Microsoft (NASDAQ MSFT), once nearly orphaned by investors, has nearly touched its 52-week high. As a matter of fact, make that a 10-year high, for good measure. It has gotten there without a large explosion in new businesses like cloud computing. Much of the rise in revenue and profits has recently come from businesses that…
Thin is in. Apple Inc (NASDAQ AAPL)’s upcoming iPad Pro tablet is rumored to be as thin as the new iPhone 6. This report comes from Japanese tech blog Macotakara. It is reported the next Apple tablet computer will not be quite as thin as the iPad Air 2, but it will be thin as…
