Uncategorized

Chesapeake Energy Corporation (NYSE:CHK) recently reported first quarter results. The company’s revenue increased by a whopping 41% to $2.75 billion on year-over-year basis, thanks to the recovery in oil prices. For the first quarter in two years, Chesapeake Energy Corporation (NYSE:CHK) reported a net profit ($75 million). The stock has lost about 6.26% over... Read more

Facebook Inc (NASDAQ:FB) has said that the number of advertisers on the social media platform has grown from four million in September 2016 to five million. In March 2016, that figure stood at three million. About half of these advertisers create the advertisements on smartphones and tablets. The social media giant also said that about... Read more

QUALCOMM, Inc. (NASDAQ:QCOM), one of the pioneers of the cellular commination, appears to be in crisis. The stock has lost about a third of its value since 2014. But taking a closer look reveals that QUALCOMM, Inc. (NASDAQ:QCOM) still has substantial growth potential. In the first fiscal quarter of 2017, Qualcomm earned $1.19 per... Read more

Last month, Illinois-based pharmaceutical company AbbVie Inc (NYSE:ABBV) posted fourth quarter results that missed analysts’ expectations on revenue, mainly due to foreign currency headwinds and lower-than-projected revenues from the hepatitis C or HCV franchise. The company earned $1.20 per share in the period, while analysts had projected EPS of $1.19, whereas revenue in the... Read more

In a move that could take competition for digital video content a notch higher, Amazon.com, Inc. (NASDAQ:AMZN) has drawn a plan to woo independent filmmakers looking for distribution deals.   The company is making a financial offer to indie producers who didn’t succeed to sell or sign distribution contracts for their movies at the Sundance... Read more

Microsoft Corporation (NASDAQ:MSFT) New Zealand has revealed that it is under audit from the Inland Revenue Department. Transfer pricing, a tax-avoidance measure employed by multinational companies, has been cited as the reason for the audit. A spokesperson for the company admitted to the audit while insisting that the largest software firm in the world... Read more

Verizon Communications Inc.(NYSE:VZ) has scrapped its two-year service contract plan,  a move that could make buying of new phones from the network more expensive. While the company had stopped offering the two-year service contract to new customers in 2015, it still allowed existing customers to renew existing contracts. However, that will not be the case... Read more

Alphabet Inc (NASDAQ:GOOGL) is wasting no time in taking the capabilities of its digital assistant to another level. Latest reports indicate that the tech giant is working on a slate of new features for Google Assistant as it looks to simplify the process of interacting with the AI tool. Up until now, voice commands have... Read more

An Apple Inc. (NASDAQ:AAPL) 5-inch iPhone could be released in the next year featuring a dual lens camera. It would be similar to the iPhone 7 Plus as Portrait Mode would be applicable to both. But unlike the iPhone 7 Plus which has a horizontal layout for the dual lens camera, the upcoming iPhone... Read more

An upgraded version of the Autopilot might arrive in some of Tesla Motors Inc (NASDAQ:TSLA) models in coming days. This was announced online by the chief executive officer of Tesla Motors, Elon Musk. "Looks like we might be ready to rollout most of Autopilot functionality for HW2 towards the end of next week," Musk tweeted. Fully Autonomous Upgrading... Read more