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Factors Driving FANG Still Intact, But Macro Backdrop More Mixed
Thursday, June 15, 2017 - 10:54am | 565Canaccord analyst, Michael Graham, took another look at the “overvalued” FANG stocks — Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) — and still sees potential upside among the group....
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Student Loan Genius Consolidates Debt, Payment Plans To Improve Borrower Visibility
Thursday, June 15, 2017 - 8:29am | 522The United States’ $1.3 trillion in student loan debt isn't just a problem of the present, nor is it burdensome exclusively to borrowers. “This problem is actually impacting so many financial institution models, so people are not putting money in their 401K,” Justin Fischer,...
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Goldman Lifts Earnings Estimates For Nvidia Due To Nintendo Switch Demand
Wednesday, June 14, 2017 - 1:47pm | 354Goldman Sachs has raised its fiscal 2018-2020 earnings estimates for NVIDIA Corporation (NASDAQ: NVDA) by 0.3-1.4 percent on the strength of higher-than-expected Nintendo Co., Ltd (ADR)(OTC: NTDOY) Switch demand and strong performance from Nvidia’s Gaming and Automotive segments. Goldman has...
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Your Guide To Trading The Autonomous Vehicle Theme
Wednesday, June 14, 2017 - 9:32am | 1110We’re entering a world of robots, a dizzying scene of autonomy with unfamiliar and yet unimagined implications — social, scientific and financial. As investors attempt to make sense of the tortuous path of driverless vehicles, who better to turn to than technology analyst Gene Munster?...
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Gene Munster: Traditional Car Manufacturers Face 'Innovator's Dilemma'
Tuesday, June 13, 2017 - 10:33am | 682If there’s any way to play the autonomous vehicle motif, it’s by steering clear of traditional automotive manufacturers like Ford Motor Company (NYSE: F). “I think Ford is in a tough spot,” Gene Munster, former tech analyst and co-founder of Loup Ventures, told Benzinga....
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Gearing Up For E3, The Gaming Event Of 2017
Monday, June 12, 2017 - 9:26am | 923The Electronic Entertainment Expo, the annual video game conference and show, is scheduled to be held at the Los Angeles Convention Center between June 13 and 15. The show will showcase new technologies and products in the video game industry. The show, dubbed E3, is organized by the Entertainment...
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Sorry Apple Fans, Siri Isn't Ready For Prime Time
Tuesday, June 6, 2017 - 1:28pm | 434Apple Inc. (NASDAQ: AAPL) is making a major push in the home "infotainment" space with the announcement of its $349 HomePod speakers featuring Siri's technologies. But is Siri ready for "prime time"? According to CNET's Scott Stein, the answer is no. Speaking as a guest...
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Even If Apple's New Products Are 'Stupid,' Cramer Says People Will Still Buy Them
Tuesday, June 6, 2017 - 11:41am | 408Apple Inc. (NASDAQ: AAPL) is expanding its lineup of hardware products, which many consumers might find unappealing — or according to CNBC's Jim Cramer — seem just plain "stupid." Apple not only believes it can sell $349 speakers called HomePod to consumers but that people...
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Apple Will Become The Leading AR Platform
Tuesday, June 6, 2017 - 10:42am | 550For Loup Ventures co-founder Gene Munster, Apple Inc. (NASDAQ: AAPL)’s WWDC keynote address only confirmed what he already knew: Apple’s future lies in augmented reality. The Monday talk highlighted a number of software and hardware updates that will enhance the AR experience for both...
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Perspective: Last Week's Auto Sales Figures Aren't Concerning, They're Returning To Normal
Tuesday, June 6, 2017 - 9:11am | 507Recent auto sales numbers for May were mixed, continuing a recent trend in the first half of 2017. Of the big three American auto manufacturers — Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU) — only Ford posted rising sales...
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Following Lackluster Memorial Day, 2017 Might Be A Flop For Summer Blockbusters
Wednesday, May 31, 2017 - 9:14am | 365Could this be the end of the summer blockbuster as we know it? This Memorial Day weekend was the worst in 18 years in terms of movie theater ticket sales, and there are concerns that it could only be the start of a weak summer for cinema. According to Box Office Mojo's list of the long weekend...
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'Top Gun,' Too? 6 Times Movies Got Sequels Long After The Original
Tuesday, May 30, 2017 - 11:03am | 1112The news that Tom Cruise would star in a belated sequel to his breakout hit “Top Gun” was greeted with one of two reactions, depending on your taste: Who asked for this, and what took so long? The actor confirmed rumors about a sequel to the 1986 action drama — about the lives and...
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Celebrating The Anniversary Of The Short Sale
Thursday, May 25, 2017 - 4:04pm | 233On May 25, 1931, the New York Stock Exchange delivered its first public report on the total number of shares sold short to that day, as well as that amount as a percentage of the total equity available on the market -- the short interest. On that day, the NYSE reported 5.6 million shorted shares,...
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Netflix Q1 A Mixed Bag, But Don't Expect All Metrics To Be Perfect Every Quarter
Tuesday, April 18, 2017 - 11:12am | 489Perfection in itself is hard to achieve and to deliver that perfection quarter after quarter is a tough standard to maintain. Piper Jaffray argued for condoning Netflix, Inc. (NASDAQ: NFLX) for the offence of delivering mixed quarterly results and mixed guidance, by stating that one cannot expect...
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Netflix's Q2 Subscriber Guidance Was Well Ahead Of Analyst Expectations
Tuesday, April 18, 2017 - 10:28am | 536Loop Capital Markets highlighted in a note, the above-consensus second-quarter subscriber guidance Netflix, Inc. (NASDAQ: NFLX) issued along with its first-quarter earnings announcement. Above-Par Q2 Subscriber Guidance Discussing the Q2 guidance, analyst David Miller said the company's earnings...