Day: October 26, 2017

The world is moving steadily away from cash and toward digital forms of payment. Visa (NYSE: V) , however, would like to accelerate this trend. The largest credit card processor is offering businesses as much as $10,000 to use toward “going cashless” activities, as part of its Cashless Challenge . Image source: Getty Images. Efforts like this — combined with... Read More

Surprisingly strong hepatitis C virus (HCV) sales helped Gilead Sciences (NASDAQ: GILD) enjoy better-than-expected results when the big biotech provided its second-quarter update in July. But that didn’t mean that the company had turned the corner with its struggling HCV franchise. Gilead demonstrated that its HCV woes haven’t gone away when the company announced its third-quarter results after the market... Read More

Semiconductor giant Intel (NASDAQ: INTC) reported third-quarter results after the closing bell on Thursday. The company exceeded its own projections by a wide margin and set optimistic goals for the end of this fiscal year. Here’s what you need to know. Intel’s third quarter by the numbers Metric Q3 2017 Q3 2016 Year-Over-Year Change Revenue $16.1 billion $15.8 billion 2.4%... Read More

Nasdaq 100 futures soared late Thursday after a wave of big earnings late, with megacap techs Amazon.com ( AMZN ), Google parent Alphabet ( GOOGL ) and Microsoft ( MSFT ) all up sharply, and with the two FANG stocks signaling likely buying opportunities. Chip plays Intel ( INTC ) and KLA-Tencor ( KLAC ) also advanced. On the downside,... Read More

There are several angles you can take if you want to add a few cloud computing stocks to your portfolio. But if you want to bet on the leaders in the business, you should start with Amazon.com , Microsoft , and Alphabet . Research firm Gartner predicts that the public cloud services market will be worth $383.3 billion by 2020, a... Read More

John Paul DeJoria was the most improbable kid to become a billionaire. His father abandoned the family when he was 2 and they barely had enough to eat, living in poor neighborhoods near downtown Los Angeles. He and his older brother had to stay in a foster home during the week while their mother worked. They bought scrap wood to... Read More

Between 2013 and 2016, social media company Twitter (NYSE: TWTR ) reported $2.2 billion of cumulative net losses. That’s nearly equivalent to Twitter’s annual revenue. Revenue growth ground to a halt this year, so the only path toward profitability was to dramatically slash costs. Twitter’s third-quarter report showed some serious progress on that front. Revenue declined by 4% year over... Read More

Proto Labs, Inc. PRLB specializes in manufacturing custom parts for prototyping and short-run production. The company has a strong product-line, with new introductions likely to capture a greater market share. Demands for its services are high among product developers using three-dimensional computer-aided design to develop products across a diverse range of end-markets. It currently has a $2.2 billion market capitalization.... Read More

Shares of police body camera maker Axon Enterprise (NASDAQ: AAXN) have been on a downhill roll, slipping and sliding 11% over the last few days. This could be due in part to news breaking late last week that the U.S. Securities and Exchange Commission (SEC) has begun examining Axon’s financial reports with an eye to reviewing the company’s revenue recognition policies. But... Read More

Devon Energy Corporation DVN is slated to report third-quarter 2017 results after the market closes on Oct 31. In the second quarter, the company reported a positive earnings surprise of 3.03%. Let’s see how things are shaping up for this earnings season. Factors to Consider Devon Energy’s production is driven by contribution from its domestic resource plays. Per the Zacks... Read More