Focusing on Product Depth Still Works Wonders for Apple, Inc.

Focusing on Product Depth Still Works Wonders for Apple, Inc.
One of Apple ‘s (NASDAQ: AAPL) greatest strengths has long been its emphasis on product depth over product breadth , focusing intently on developing a handful of things extremely well instead of spreading itself too thin across a large number of products. Consider the iPhone lineup, which incredibly grabbed over half of global smartphone revenue in the fourth quarter. The... Read More

Boeing's 737 MAX 9 Wins FAA Certification, but It's Already Dead in the Water

Boeing's 737 MAX 9 Wins FAA Certification, but It's Already Dead in the Water
Boeing ‘s (NYSE: BA) 737 MAX 9 — the second variant of its upgraded 737 MAX family of single-aisle planes — is finally ready for action. Last Friday, the aerospace giant announced that the FAA had issued an amended type certificate for the MAX 9. This will allow Boeing to begin deliveries to customers, including rapidly rising Southeast Asian carrier Lion... Read More

Sturm Ruger & Company Inc (RGR) Q4 Earnings Fall Y2Y

Sturm Ruger & Company Inc (RGR) Q4 Earnings Fall Y2Y
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Sturm Ruger & Company Inc (NYSE: RGR ) announced its quarterly earnings results after the bell Wednesday, yielding results that were below its year-ago figures. The gun manufacturer announced fiscal 2017 fourth-quarter net sales of $118.2 million, while diluted earnings were 59 cents per share. In the year-ago quarter, Sturm... Read More

Wendys Co (WEN) Posts In-Line Q4 Earnings, Revenue Miss

Wendys Co (WEN) Posts In-Line Q4 Earnings, Revenue Miss
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Wendys Co (NASDAQ: WEN ) reported its latest quarterly earnings results Wednesday, missing revenue expectations. Source: Flickr The burger chain reported revenue of $309.2 million during its fourth quarter, below its year-ago sales of $309.9 million. The figure was also below the Wall Street consensus estimate of $313 million, according... Read More

Walmart Gets Hammered on Lower E-Commerce Growth

Walmart Gets Hammered on Lower E-Commerce Growth
Going into Walmart Inc. ‘s (NYSE: WMT) fourth-quarter and full-year 2017 financial report, investors were feeling pretty confident. The company had put up several quarters of solid sales growth and increasing comps, but it was the impressive e-commerce gains that had investors convinced that Walmart could effectively counter its online nemesis, Amazon.com . Walmart had seen more than 50% year-over-year e-commerce... Read More

Fed Minutes Trip Up Market

Fed Minutes Trip Up Market
The FOMC sees a stronger economy today than at the end of 2017, according to minutes released this morning. While that’s good news overall, it’s not exactly what the market wanted to hear. A stronger economy means that the Fed has a green light for more rate hikes in 2018.  The news spoiled a good day for the market. Stocks... Read More

IBM Watson Finds Its Way Into Games and Virtual Reality Applications

IBM Watson Finds Its Way Into Games and Virtual Reality Applications
International Business Machines (NYSE: IBM) CEO Ginni Rometty said in late 2016 that Watson, the company’s artificial intelligence (AI) platform, would be used by more than 1 billion consumers, directly or indirectly, by the end of 2017. Healthcare may be the biggest opportunity, with Watson involved in a slew of initiatives aimed at improving patient outcomes. IBM took one more... Read More

Pandora Media Inc (P) Shares Soar as Q4 Subscription Revenue Rises

Pandora Media Inc (P) Shares Soar as Q4 Subscription Revenue Rises
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Pandora Media Inc (NYSE: P ) reported on its latest quarter after hours today, yielding positive results despite an earnings miss. The music streaming service provider’s stronger point during its fourth quarter was its subscription revenue, which surged 63% year-over-year, bringing the 2017 total to $97.7 million. The metric is... Read More