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Facebook's New Snapchat Feature
Thursday, July 31, 2014 - 1:11pm | 544After failing to acquire Snapchat for $3 billion, Facebook (NASDAQ: FB) decided to compete head-on with its own set of features. The company started by launching Slingshot, a Snapchat-style image/messaging app that requires users to send back an image before they can open one they've...
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3 Things Steve Ballmer Did Right
Wednesday, July 30, 2014 - 3:33pm | 655Microsoft (NASDAQ: MSFT) CEO Satya Nadella has been praised for cleaning up the mess created by former chief executive Steve Ballmer. As Ballmer's departure approached earlier this year, critics continued to complain about his various mistakes. Not one to shy away from criticism, Ballmer...
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How To Play The Decline In Commodities And Emerging Market Currency Prices
Friday, December 20, 2013 - 5:27pm | 649Cole Wilcox, the portfolio manager and CEO of Longboard Asset Management, has an interesting way to play the decline in commodities and emerging market currency prices. His strategy: invest in the dry bulk sector. "What's happening all over the world is a huge glutton of commodities [are]...
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PlayStation 4, Xbox One Dominance To Be Challenged In 3-4 Years
Friday, December 6, 2013 - 10:25am | 1296Sony (NYSE: SNE) and Microsoft's (NASDAQ: MSFT) new consoles will continue to be in high demand, but their dominance could be challenged in a few years. According to DigiTimes, the upstream supply chain expects to see "strong orders" for Xbox One and PlayStation 4 components during the first...
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Tesla Can't Produce Fast Enough Says Elon Musk
Thursday, August 8, 2013 - 2:45pm | 304CNBC interviewed Longboard Asset Management's Cole Wilcox Thursday following Tesla's (NASDAQ: TSLA) earnings report. Wilcox is notorious for saying that Tesla could rise to $200 per share before it began its massive run up since early this year. "Tesla doesn't have a demand problem," he said when...
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Sony Appreciated Consumers' Negative Response to Microsoft's Xbox One (MSFT, SNE)
Thursday, June 27, 2013 - 3:16pm | 670When Sony (NYSE: SNE) unveiled the fourth PlayStation in February, the company hoped to win consumer support before its biggest competitors took action. At the time, sales of Wii U (Nintendo's (OTC: NTDOY) (OTC Pink: NTDOY) latest console) had begun to decline. In fact, Wii U sales were actually...
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Portfolio Manager Explains Why Microsoft is Today's Amazon (AMZN, MSFT)
Wednesday, June 26, 2013 - 3:18pm | 410Amazon's (NASDAQ: AMZN) days as a cloud computing leader could be numbered. Cole Wilcox, the Portfolio Manager, CEO and CIO of Longboard Asset Management thinks that investors should turn their attention to Microsoft (NASDAQ: MSFT) instead. "I think what people have wrong right now is Microsoft...
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INTERVIEW: When Will Tesla's Mass-Market Vehicle Arrive? (TSLA)
Tuesday, June 25, 2013 - 3:40pm | 634Tesla (NASDAQ: TSLA) hopes to begin selling its first $35,000 vehicle within the next three to four years. While that price is considerably lower than the starting MSRP of the Model S, it is still too expensive to achieve mass-market appeal among everyday consumers. However, a lower price is...
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Apple Employees Are Leaving for Google, LinkedIn, Facebook and Hewlett-Packard (AAPL, FB, GOOG, HPQ, LNKD)
Monday, June 24, 2013 - 3:21pm | 659Apple (NASDAQ: AAPL) is on the verge of an employee retention problem. Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, has found that a growing number of Apple employees have left the firm for Google (NASDAQ: GOOG), Facebook (NASDAQ: FB), LinkedIn (NASDAQ: LNKD...