Stock News

Nokia cuts Symbian smartphones shipment

Nokia is supposed to finally stop shipment of smartphones using Symbian OS. The company is betting its future solely on Microsoft Windows platform. The Symbian OS which was the worlds leading operation system and looked untouchable few years ago, now would be stopped from usage. The Finnish firm was loosing grip on market innovations as […] Read more

US stocks decline after BOJ denies stimulus raise

US stocks declined after Bank of Japan Governor said he sees no point in raising stimulus for now. The S&P 500 fell 1% similar to its futures before US stock market opened yesterday. The Dow Jones Industrial Average dipped 0.8% . Fed’s President of Saint Louis, James Bullard made an interesting statement this week assuring […] Read more

European stocks declined, US stock futures followed

European stocks fell to a two month lowest today on news that Bank of Japan denied expansion of stimulus. US futures also plunged signaling a drop in S&P 500 for a second day. The Stoxx Europe 600 retreated 1.6%, the lowest since April. FTSE 100 fell by 1.62% at 13:14 London time, Dax and CAC […] Read more

Apple steps up with new products and services

Apple unveiled couple of new products and services at the Worldwide Developers Conference yesterday. The company is said to be struggling with innovation ideas recently, as the new iPhone version was a sale disappointment for the tech giant. This time company seeks to recapture its authority and persuade its potential customers that Apple hasnt lost […] Read more

Sony vs Microsoft in a console battle

Sony Corp. came out with a price for its new Sony PlayStation 4 console. The new gaming experience offered by the company is valued $399, positioned $100 cheaper than its main competitor Xbox One by Microsoft Corp. Sony took some advantage in the battle for gamers affection as stating their new version of the console […] Read more

US stocks declined after two day record

US stocks plunged after reaching to highest since January point last two days. Investors were expecting just the opposite as there have been indicators like the credit rating upgrade from S&P. US ratings have been updated from negative to stable. “The S&P upgrading of U.S. debt is certainly good in a sense that it takes […] Read more

US stock futures climb following two day trend

The US stock index futures rose following a significant two day climb  that hasnt happened since January this year. S&P 500 futures expiring this month gained 0.4%, Dow Jones Industrial Average added 0.3%. Apples futures are trading higher as company is supposed to unveil a new version of the software used in iPhone and iTab […] Read more

Intel’s share price highly undervalued

The companys future is looking more than stable as investors have predicted for this year. The company is well positioned and hoping to receive gains from its smartphone and tablet chips. Strong performance in server sector and increased PC sales are said to beat investors predictions. PC sales this year have been suffering immensely as […] Read more

Google to beat Facebook in a Waze auction

Google is very close to acquire the navigation and traffic application Waze for $1.3 billion said a person familiar with the negotiation talk to The Wall Street Journal. Facebook was supposed to pay $1 billion to buy the Israeli company that uses satellite signals to generate maps and traffic data from members smartphones. The deal […] Read more