Comcast Reaches $5 Billion Mark for Share Repurchases, Sees to Optimize Shareholder Returns
Planning to finish 2017 with a share repurchase worth $5 billion, Comcast (NASDAQ:CMCSA) continues its venture to optimize shareholder returns through huge share buybacks. Specifically, in 3Q17, the company purchased back $1.7 billion in shares, ... [Read]
This is Why ROKU Inc. Shares Should Trade Higher Than $40
Roku Inc. (NASDAQ:ROKU) went public just recently. Since its inception, the stock has gone up nearly 80%, with the market consensus valuing the company at a whopping $4 billion. ROKU focuses on streaming through TV ... [Read]
Xunlei Ltd. Shares Tumble As Cryptocurrency Skepticism Churns
As of morning trading, shares in Chinese software company Xunlei Ltd. (NASDAQ:XNET) sank a whopping 12%. In the past two weeks, the stock has sunk a collective 40%. Why? Cryptocurrency. Xunlei introduced its “wake coin ... [Read]
AMD’s EESC Segment Looks Beyond Game Console For Growth Driver
Advanced Micro Devices’ (NASDAQ:AMD) year-over-year revenue saw a healthy increase, driven by a surge in ASP (average selling price) of Computing and Graphics products and patent licensing revenues. But, growth in the EESC (Enterprise, Embedded, ... [Read]
21st Century Fox Incurs Record 1Q18 Operating Expenses- Sale of Assets to Cope?
During fiscal 1Q18, 21st Century Fox (NASDAQ:FOX) incurred higher operating expenses than that of in fiscal 1Q17. The total number? Higher than $5.7 billion. Further, marketing and sales spending also rose. Fox is speculated to ... [Read]
PowerShares NASDAQ Internet Portfolio Sees Big Outflow
While looking at the ETFs in weekly shares, one can tell that PowerShares NASDAQ Internet Portfolio (NASDAQ:PNQI) is seeing an approximate $16.7 million dollar outflow- a 3.4% decrease week over week. Among the largest components ... [Read]
Why You Should Be Patient and Stay the Course with JD.Com Stock
Investors of JD.Com Inc. (NASDAQ:JD) are somewhat frustrated at the moment JD shares have not moved in six months now. JD revenue grew 39% year-over-year, while adjusted income per ADS did declines. Thanks to investments ... [Read]
Applied Materials is the New Strong Growth Semiconductor Stock
Applied Materials (NASDAQ:$AMAT) is a semiconductor equipment supplier established in 1967. The company entered the flat panel display market when Applied Komatsu Technology was formed in September 1993 as a 50-50 joint venture between Applied ... [Read]
Can AMD Sustain Its Profits in FIscal 4Q17?
Advanced Micro Devices (NASDAQ:$AMD) witnessed strong revenue growth in 3Q17 as the company reaped the benefits of high-end computing. This marked the first full quarter where sales of the company’s Vega GPU and its popular ... [Read]
A New Face For Facebook? Social Causes, New Community Initiatives, and Disaster Relief
Facebook Inc. (NASDAQ:FB) announced a number of tools and new policies to promote social good at its second Social Good Forum held in New York. Specifically, Facebook looks to provide social security proving its new ... [Read]