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Amazon Already Peaked, At Least According To Trip Chowdhry
Friday, February 3, 2017 - 12:50pm | 320After a mind-boggling 48,000 percent return since the 1990s, Amazon.com, Inc. (NASDAQ: AMZN)'s stock has reached its peak, at least according to Trip Chowdhry of Global Equities Research. Chowdhry commented back in December of 2016 that Amazon's stock reached its peak. Also in December, Chowdhry...
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This Is The Peak For Facebook, Says Chowdhry
Thursday, February 2, 2017 - 10:45am | 255Shares of Facebook Inc (NASDAQ: FB) were trading higher by more than 1 percent at $135.00 ahead of Thursday's market open. While it opened at $133.18 and began falling, it's likely to trade above its current 52-week high of $133.50 sooner rather than later. Trip Chowdhry of Global Equities Research...
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Tesla Is A 'Gift To U.S. Manufacturing'
Monday, January 30, 2017 - 12:20pm | 344Trip Chowdhry of Global Equities Research is a big believer in Tesla Motors Inc (NASDAQ: TSLA)'s business outlook and its CEO Elon Musk. In a research report Monday, Chowdhry argued that Musk and his Gigafactory plan is the "poster child for the new USA manufacturing" and the "blueprint for the...
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Fitbit's Rough Holiday
Monday, January 30, 2017 - 11:43am | 594Shares of Fitbit Inc (NYSE: FIT) plummeted Monday morning after the company confirmed earlier reports that it needs to slash its workforce amid a weaker-than-expected sales performance. Fitbit's stock was trading on Friday near its all-time lows as investors remain skeptical that the momentum for...
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Q4 Social Media Engagement Tracker Indicates Tough Road Ahead In 2017
Monday, January 23, 2017 - 2:52pm | 328This year may be a disappointing year for social media and its investors. According to the latest data from Global Equities Research’s new Social Media Industry Tracker, social media may be reaching its peak. Analyst Trip Chowdhry expects downward pressure on top social media stocks in 2017...
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Is Snapchat's Snap Another 'Junk' IPO?
Monday, January 23, 2017 - 11:13am | 529After a so-so 2016, will the IPO markets see redemption in 2017? According to a Ernst & Young report , the deal numbers and proceeds raised fell in 2016, with the deal number by 16 percent and proceeds by 33 percent. In the Americas, where the U.S. dominates, the global IPO market share...
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The 'Tesla Killer' Is In Shambles
Thursday, January 19, 2017 - 9:15am | 334Faraday Future, the electric car startup that was dubbed as being the "Tesla Motors Inc (NASDAQ: TSLA) Killer," isn't all it seems to be. Faraday Future revealed its FF91 electric vehicle in early January, which can beat Tesla's Model S sedan set to "Ludicrous Mode" and described the car as being "...
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Nvidia's Machine Learning Business Seems Very Strong
Wednesday, January 18, 2017 - 2:29pm | 450Trip Chowdhry of Global Equities Research attended the MXNet and TensorFlow Hackathons and shared his findings in a research report. According to the analyst's observations, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft...
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Tesla Will Start Charging Customers 'A Small Fee' For Heavy Users Of Its Supercharging Station
Friday, January 13, 2017 - 1:42pm | 486One of the key selling points of a fully-electric Tesla Motors Inc (NASDAQ: TSLA) was the fact that it comes with free and unlimited use to charging stations for life. However, in late 2016, the company updated its policy and said changes will be forthcoming in 2017. According to a Bloomberg...
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Analyst: Tesla's GigaFactory 3 Will Be Built In Texas - Not France
Monday, January 9, 2017 - 10:22am | 443France's government is currently pitching Tesla Motors Inc (NASDAQ: TSLA)'s CEO Elon Musk to open a Gigafactory in the European country. According to a Bloomberg report, Michel Sapin, France's economy minister toured Tesla's production facility in Fremont, California, and...
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'Tesla Killer' Faraday Future May Be Dead-On-Departure
Wednesday, January 4, 2017 - 12:52pm | 302Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading higher by nearly 2 percent Wednesday morning as investors appeared to be brushing off a key product announcement from a presumed competitor. Faraday Future, a somewhat-secretive electric-car startup that has been dubbed the "Tesla killer,"...
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Mark Cuban: Amazon Is The Best Startup In The World
Thursday, December 29, 2016 - 4:34pm | 353"Startup" may not be the first word to come to mind when investors think of retail behemoth Amazon.com, Inc. (NASDAQ: AMZN). Not many startups do $107 billion in annual sales, employ more than 100,000 people and seriously consider building flying warehouses to facilitate delivery of their...
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Amazon Has Reached Its Peak, According To This Analyst
Thursday, December 29, 2016 - 11:47am | 343The peak in Amazon.com, Inc. (NASDAQ: AMZN) was bound to happen at some point after a 44,000 percent return since its initial public offering in the 1990s. While some among Wall Street peg Amazon's valuation tosoar as high as $1 trillion in the future, Trip Chowdhry of Global Equities...
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Analyst: President-Elect Trump 'Is A God-Sent Gift To Tesla'
Wednesday, December 28, 2016 - 9:42am | 277Trip Chowdhry of Global Equities Research has made his uber-bullish position on Tesla Motors Inc (NASDAQ: TSLA) clear over the past few months. However, the analyst has turned incrementally bullish on the company with lots of credit being paid to President-elect Donald Trump. In a research report...
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Here's Why Twitter Is 'Pretty Much Toast'
Wednesday, December 21, 2016 - 10:54am | 478Trip Chowdhry of Global Equities Research blasted Twitter Inc (NYSE: TWTR) in a report and suggested it isn't even worth $10 per share. Chowdhry said in a report on December 18 that he was once positive on a potential Twitter acquisition by salesforce.com, inc. (NYSE: CRM) as it would give...