-
Weekly Highlights: iPhone 6 Factory, Sony's Project Morpheus And More
Saturday, March 22, 2014 - 11:41am | 231Read More...Sony (NYSE: SNE) made waves after it confirmed reports that it is developing a virtual reality headset for PlayStation 4. Apple (NASDAQ: AAPL) and Samsung (OTC: SSNLF) are benefiting from better-than-expected smartphone demand, but that didn't stop Apple from releasing a cheaper iPhone 5C. Better...
-
Can Sony Steal Microsoft's Thunder With Virtual Reality?
Friday, March 21, 2014 - 12:36pm | 977Read More...Sony (NYSE: SNE) is officially developing a virtual reality headset for PlayStation 4. Known as Project Morpheus, the headset features a panel resolution of 1920×1080, which amounts to 960×1080 per eye. The prototype device currently contains a 90 degree field of view, as well as 3D audio, an...
-
Market Wrap For March 20: Investors Showing No Post-Fed Decision Hangover
Thursday, March 20, 2014 - 4:44pm | 1946Read More...U.S. stocks recovered most of Wednesday's losses after Fed Chief Janet Yellen spooked the markets a bit by hinting a rate hike could occur as soon as six months after the central bank terminates its quantitative-easing program. Investors found positives in several economic reports released...
-
Market Wrap For March 19: Yellen Hints of Higher Rates & Sooner Than Expected End To Taper
Wednesday, March 19, 2014 - 6:03pm | 2470Read More...The Fed announced that it will increase its tapering by a further $10 billion in addition to dropping the 6.5 percent unemployment rate threshold which has been the target rate to hike the Fund Funds rate. Thirteen of 16 Fed officials expect the Fed Funds rate to rise by the end of 2015. The...
-
Could This Startup Save Nintendo?
Friday, March 14, 2014 - 2:02pm | 931Read More...Nintendo (OTC: NTDOY) is arguably the most troubled developer within the video game industry. The company announced in January that it had reduced its Wii U sales estimate from nine million consoles to just 2.8 million units by the end of March 2014. This was not the first time that Nintendo...
-
Is Electronic Arts Serious About Virtual Reality Gaming?
Tuesday, March 11, 2014 - 2:01pm | 502Read More...Electronic Arts (NASDAQ: EA) CEO Andrew Wilson recently indicated that his company is experimenting with virtual reality. Wilson discussed the topic during a video games panel at the annual SXSW event. His comments could be dismissed as a PR push for his company's newest game, Titanfall....
-
Weekly Highlights: iPhone 6 Summer Release, Bitcoin Craziness And More
Sunday, March 9, 2014 - 11:12am | 159Read More...What a difference a week can make. In that time, Apple (NASDAQ: AAPL) has become a headline-making champion with iPhone 6 release hype, promising concepts (patents, anyone?), legal disputes with Samsung (OTC: SSNLF) and the loss of a prominent executive. Bitcoin also made headlines after a man...
-
Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 5:37pm | 2664Read More...U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
-
Is Apple VP Luca Maestri A Good Replacement For Peter Oppenheimer?
Tuesday, March 4, 2014 - 4:39pm | 922Read More...Apple's (NASDAQ: AAPL) finances are about to be placed in new hands. The Cupertino, California-based tech giant has announced that its Senior VP and Chief Financial Officer, Peter Oppenheimer, will retire at the end of September. Oppenheimer joined Apple in 1996 and became CFO in 2004. He...
-
How One Investor Profited From LeapFrog And Nintendo Before Wall Street
Monday, March 3, 2014 - 3:15pm | 775Read More...What does the Nintendo Wii, Nintendo's (OTC: NTDOY) most successful game console, have in common with LeapFrog's (NYSE: LF) LeapPad tablet for kids? Both products represented an opportunity for investors to buy into these firms and enjoy massive gains. "[In] 2011, the number-one selling Christmas...
-
Market Wrap For February 14: Markets End The Week Positive
Friday, February 14, 2014 - 5:50pm | 2701Read More...U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...
-
Market Wrap For February 7: Jobs Report Not Great, But Not Too Bad
Friday, February 7, 2014 - 5:36pm | 3052Read More...U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...
-
IBM Looking To Sell Chip Manufacturing Business
Friday, February 7, 2014 - 2:23pm | 543Read More...U.S. technology giant, International Business Machines (NYSE: IBM) has appointed Goldman Sachs (NYSE: GS) to help it explore the possibility of selling its semiconductor manufacturing business, according to a report in the Financial Times on Thursday. Sources told the newspaper that in lieu of...
-
Sony's PCs Are Dead – Up Next, TVs
Friday, February 7, 2014 - 10:28am | 485Read More...The ways in which we consume information and entertainment are changing and Sony (NYSE: SNE) knows it. The company announced Thursday that it would give up its PC division, selling it to Japanese investment fund, Japan Industrial Partners Inc. In addition, Sony said it would spin off its TV...
-
Is Amazon's Double Helix Acquisition Proof Of A New Game Console?
Thursday, February 6, 2014 - 4:33pm | 733Read More...For months, Amazon (NASDAQ: AMZN) has been rumored to be developing its first game console. The rumors initially claimed that Amazon wanted to compete directly with Apple's set-top box, but that device only retails for $99 and does not yet play games. In the months that followed, additional...
















