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Analyst Says Social Media Space Is Saturated, Sees Snapchat As 'Total Junk'
Monday, February 27, 2017 - 11:41am | 376Snap Inc is expected to announce its IPO price as soon as Wednesday, but Global Equities Research analyst Trip Chowdhry believes investors would be wise to steer clear of the social media stock. In his first-quarter social media report, Chowdhry explained how the social media market has become...
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Tesla Takes Over Apple Territory (In Cupertino)
Thursday, February 23, 2017 - 12:05pm | 376Tesla Inc (NASDAQ: TSLA) needs lots of new office space for its employees. Serendipitously, Apple Inc. (NASDAQ: AAPL) is in the process of moving thousands of its new employees to a new campus. Movin' On Up In a research report Thursday, Trip Chowdhry of Global Equities Research stated Tesla will...
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Social Media And Anti-Trends: Trip Chowdhry Explains The Phenomenon, Provides Insight
Tuesday, February 21, 2017 - 11:46am | 295Trip Chowdhry of Global Equities Research has argued in the past the social media boom has come to an end and should be considered an "anti-trend" for 2017 and beyond. Chowdhry also labeled mobility, hybrid cloud and the gig economy as an "anti-trend," but the notable analyst has shied away from...
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Tesla Has Sold $15 Million Worth Of PowerPack 2.0
Friday, February 17, 2017 - 10:04am | 336Tesla Inc's (NASDAQ: TSLA) ambitions to diversify itself outside of the automarket is well known to investors. After all, the company officially changed its name from Tesla Motors to Tesla Inc to reflect that fact. The company now sells what's essentially a box that contains thousands of...
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Wall Street Consensus On Twitter: Sell The Stock
Friday, February 10, 2017 - 12:03pm | 356Shares of Twitter Inc (NYSE: TWTR) continued trading lower on Friday after Thursday's disappointing earnings report resulted in a more than 10 percent selloff in the stock. 14 Voices From The Street Here is a roundup of the mostly unanimous bearish outlook from Wall Street's top analysts following...
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Analyst: Twitter Is A $10 Stock, Social Media Is An 'Anti-Trend'
Thursday, February 9, 2017 - 11:47am | 492Trip Chowdhry of Global Equities Research has been quite vocal his bearish thesis on Twitter Inc (NYSE: TWTR). On August 10, 2015, the analyst suggested Twitter's stock would fall to a range of $15 to $18 over the next 12 months and investors should sell their holdings on any strength. At that...
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Tesla Factory Check: Model 3 Activity Picking Up
Thursday, February 9, 2017 - 9:14am | 253Shares of Tesla Inc (NASDAQ: TSLA) were trading higher by nearly 4 percent Thursday morning following reports that the electric automaker is set to begin production of the much anticipated Model 3 vehicle. If Tesla's stock holds on to the strong pre-market gains, it would open Thursday's...
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Facebook's Oculus Rift Is Dead-On-Departure, According To Trip Chowdhry
Wednesday, February 8, 2017 - 3:16pm | 271Investors that assume virtual reality will dominate our lives in the coming years may need to re-examine that thesis. Facebook Inc (NASDAQ: FB), a leading pioneer in virtual reality technology through its Oculus Rift segment, is closing 200 of its approximate 500 demo stations inside Best Buy Co...
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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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Chowdhry: Climate Change Is A Hoax, But Tesla Investors Shouldn't Care
Wednesday, January 25, 2017 - 10:55am | 271Global Equities Research analyst Trip Chowdhry is a climate change skeptic, but he believes other climate change skeptics shouldn’t confuse Elon Musk’s environmentalist message with Tesla Motors Inc (NASDAQ: TSLA)’s business. According to Chowdhry, Tesla is doing nothing to fight...
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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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Chowdhry: Oracle Is 'Toast,' Layoffs In Sparc Business
Monday, January 23, 2017 - 1:15pm | 416As reports swirl around that Oracle Corporation (NYSE: ORCL) is seeking to scale back investment and manpower in its traditional database and applications businesses, Trip Chowdhry, managing director of Equity Research at Global Equities Research revealed in a note it is impossible for the bull...