Google Inc (NASDAQ GOOG) acquired drawElements, a Finnish 3D graphics firm to improve its Android mobile operating system, which is one of the key focus of the search engine giant. drawElements specializes in analyzing and assessing mobile 3D graphics. Technology observers are speculating that Google will probably utilize drawElements for device standardization. Android operating system…
Owing to strong advertising gains, Facebook Inc (NASDAQ FB) has posted earnings per share of $0.42 on revenue of $2.91 billion excluding one-time items. After an initial decline following the results, Facebook Inc (NASDAQ FB) is presently trading at $74.07 up $2.78 or 3.91% in extended trading. Prior to the earnings call the company was…
Macquarie lifted its price target on Yelp Inc (NYSE:YELP) stock to $82 from $75. The analysts also underscored their “outperform” rating on the shares. Yelp Inc (NYSE:YELP) stock performance was 0.19% in last session and finished the day at $68.70. Traded volume was 1.57million shares in the last session and the average volume of the stock…
Here we take a close look at three upcoming Biotech Stocks which have dominated majority of the news in the Biotech Segment. All three stocks: Clovis, Biogen & Halozyme have shown some promise in the past and would hope to continue their run of form in the coming months. Let’s take a closer look at…
Here we take a look at two stocks which have dominated much of the news on the Stock Market recently: Yahoo! & Rally Software. There was mixed fortune for the two stocks in the spotlight, as the segment on the whole remains volatile. Let’s take a closer look. Yahoo Inc (NASDAQ YHOO) will buy mobile…
As the Winklevoss twins attempt to get regulatory approval for their bitcoin exchange-traded fund, we now have another fund that revolves around the crypto-currency. According to FINalternatives, Coin Capital Management has launched the new fund. Managing Partner Samuel Cahn said they see the digital currency as “an exciting payment technology.” The new hedge fund which…
