Articles by: Miroslav Marinoff

NVIDIA shares gain the most in six months on Friday, prices of company’s GPUs skyrocket on exceptionally strong consumer demand

Popularity of NVIDIAs graphic processors (GPUs) has grown to such an extent, that PC gamers as well as cryptocurrency miners feel comfortable to pay several times the retail list price in order to acquire one on-line. NVIDIA shares closed higher for the third time in the past seven trading sessions on Friday. It has also […] Read more

Bank of America shares close higher on Friday, group CEO Moynihan’s incentive compensation approved by the board

According to a statement by Bank of America Corporation (BAC) on Friday, CEO Brian Moynihan’s incentive compensation for the past year has been approved by the board. The CEO’s compensation is comprised of a base salary, time-based restricted stock units and performance-based restricted stock units, paid only if the group accomplishes particular financial objectives. Bank […] Read more

New York Times shares hit highs unseen in 10 1/2 years on Thursday as fourth-quarter revenue and earnings beat, subscriber base grows

Shares of New York Times Company (NYT) touched highs not seen in almost 10 1/2 years during yesterdays trading session, as the companys fourth-quarter revenue and earnings exceeded Wall Street estimates, supported by growth in digital subscriptions. Shares of New York Times Company closed higher for the second time in the past five trading sessions […] Read more

CVS shares fall the most in 15 weeks on Thursday despite revenue and earnings beat, company plans minimum wage raise

CVS Health Corps (CVS) fourth-quarter revenue and earnings, reported on Thursday, outstripped market expectations. However, the company revised down its full-year 2018 operating profit forecast. The pharmacy benefits manager also said it would raise the hourly wage for its employees and offer a paid parental leave program by utilizing part of $1.2 billion in savings […] Read more

Alphabet shares close lower on Wednesday, Google may enter gaming business with “Yeti” streaming service

According to the Information website, a subscription-based game streaming service is currently being under development by Google. It would be designed to operate either on Googles Chromecast or on its currently developed game console. Alphabet shares closed lower for the fourth time in the past six trading sessions on Wednesday. The stock went down 2.96% […] Read more

Amazon shares close lower on Wednesday, company CEO Bezos to meet Canadian Prime Minister Trudeau in San Francisco

Canadas Prime Minister Justin Trudeau is expected to meet Jeff Bezos, Amazons Chief Executive Officer, today during his visit to three major US cities, which is aimed to provide more support for the currently re-negotiated North American Free Trade Agreement. The meeting will take place in San Francisco. Amazon shares closed lower for the third […] Read more

Boeing shares rebound on Tuesday, company’s services division inks deals worth almost $1 billion

Boeing’s services unit, which is involved in jet maintenance, repair and overhaul, data analytics as well as pilot training, said on Tuesday it had inked deals worth almost $1 billion, as it aims to bolster its annual revenue to $50 billion over a period of at least five years. Boeing shares closed higher for the […] Read more

United Parcel shares fall for a seventh straight session on Tuesday, company plans a new package operations center in Texas

United Parcel said it intended to establish a new package operations center worth $41 million in El Paso, Texas in order to sustain commerce in the North America Borderplex. According to UPS, the strategic investment is to support business activity in an area across Texas, New Mexico and Ciudad Juarez, Mexico. United Parcel shares closed […] Read more

Qualcomm shares fall the most in 14 weeks on Monday on news Apple may choose Intel as modem chip supplier

Qualcomm Incorporateds stock registered its worst daily performance in 14 weeks during yesterdays trading session following news that, according to KGI Securities, Apple Inc may replace Qualcomm with Intel as modem chip supplier for the upcoming generation of iPhones. The shares of Qualcomm Incorporated closed lower for a third consecutive trading session on Monday. It […] Read more

Boeing shares fall the most in over a year on Monday, company may be interested in bidding for Canada fighter jets, says executive

According to a senior executive from Boeing Company (BA), the US plane maker may be interested in participating in a bid for 88 fighter jets in Canada that are worth between CAD 15 billion and CAD 19 billion. Boeing is still reviewing the matter and has to express interest in the bid until Friday this […] Read more