This is the story of Qihoo 360 Technology (QIHU), a company that got a modest start in 2005 in Beijing, China. Initially the company was engaged in run-of-the-mill reselling of third party antivirus software and user generated content search. The transition point was when the company started providing its own
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) PAYING ATTENTION TO JACKSON HOLE August 23, 2013 A symposium by Kansas City Fed is being held in Jackson Hole, Wyoming. Prominent central bankers from
Pandora, the popular Web radio service, reported impressive earnings after the close Thursday, recording second quarter EPS of $0.04 vs. consensus forecast for $0.02. Revenues of $157.4 million topped analysts’ consensus expectation for $156.24 million. For the third quarter, Pandora projects Q3 EPS of $0.03 to $0.06 vs. $0.08 previously
Meg Whitman is a star CEO. She built eBay from 30 employees to 15,000 employees. The New York Times hailed her as a potential first woman President of the United States. She ran to become Governor of California, but lost to Jerry Brown. In January 2011, Hewlett-Packard fired its CEO Leo Apotheker
This post was just published on ZYX Short Change Alert. P reports earnings after the close. In our 30 years in the markets, 2013 has been the worst year in terms of short squeezes and the squeezed stocks continuing to levitate even after the squeeze is over. P is one of
Cisco (CSCO) is the largest manufacturer of networking equipment perfectly positioned to benefit from growth of the Internet. The stock dipped after it reported earnings, but here is why Cisco is an attractive opportunity for the long-term investor on any further weakness in price. Cisco is providing equipment and services
The Apple rumor mill has shifted into high gear. Historically, this is a normal pattern prior to Apple’s new-product launches. The rumors range from the names to the colors of the new iPhones. The big buzz Monday was that Apple will introduce a gold-colored phone. For the gadget lovers, the
This post was just published on ZYX Buy Change Alert. FOMC minutes show that there are deep divisions within the Fed regarding taper. What To Do Now? Those in KBH may continue to hold. Risk reward is quite favorable. Those not in KBH may consider starting a small position right here.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOLD RISES ON TRIFECTA OF FACTORS AND NOT EVEN A DEAD CAT BOUNCE IN STOCKS August 16, 2013 Gold rocketed yesterday on Indian rupee weakening,
After a string of spectacular investments, Carl Icahn tweeted on Tuesday at 2:21 p.m., “We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.” Apple stock was trading at $475.81 just before his tweet and shot higher