Two years ago, Zach Harvey and his brother, Josh, were saddled with a failing guitar shop selling vintage and handmade pieces in New Hampshire. On the verge of shutting down the company, the brothers started casting around for a new project to take their minds off the struggling business. Now, they decided to try and…
In 2014, Microsoft Corporation (NASDAQ MSFT) has not been the most favorite tech stock for many investors. Many investors preferred Apple Inc (NASDAQ AAPL) and Google Inc (NASDAQ GOOGL) over Microsoft. But, Microsoft has displayed a consistent growth with a 9% increase in share price YTD. Chairman and Co-founder of StockTwits, Howard Lindzon said, “I…
Last week there were already signs of a sellout of Apple Inc. (NASDAQ:AAPL)’s iPhone 6 Plus, and management confirmed it over the weekend. This morning the statement said preorders for the two new iPhones surpassed the initial supply. As a result, many of those who order now won’t get their iPhones until October. Bloomberg TV…
Facebook Inc (NASDAQ FB) has hired a satellite executive from Google Inc (NASDAQ GOOG) for a similar role earlier this month. Michael Tseytlin worked with the search giant to deliver internet through satellite, and will perform the similar functions in Facebook, as well. The social networking company is taking forward its efforts to catch-up with…
Facebook, an information sharing application that allows an ordinary American to post everything from pictures of themselves to news regarding their latest restaurant experience, now has a market capitalization exceeding $200 billion. With just $12 billion in revenue, Facebook commands rich multiple on earnings by almost any standard. With the stock closing at $77.89 per…
Shares of Gilead Sciences (NASDAQ GILD) dropped 1.4% to close the trading session on Sep 5 at $105.36 following a Bloomberg report claiming that the biopharmaceutical major will ink a licensing deal with generic players in order to make its blockbuster hepatitis C drug Sovaldi available in approximately 80 developing nations such as India and…
