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Wall Street analysts say buy stocks like CrowdStrike & Analog Devices – CNBC
The company’s exposure to secular growth trends in the end-markets of 5G, artificial intelligence/machine learning, Internet of Things (IoT), …
From pet food to video games: Inside Ryan Cohen's GameStop obsession
After almost four months of phone calls and emails to GameStop Corp. complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March -- from a director on the video game retailer's board. On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce. Cohen was responding to an email Titus had sent 12 hours earlier to more than two dozen GameStop executives and board members. "NOBODY has attempted to respond except a muddled voicemail with no distinguishable callback number or extension. E-commerce requires a customer support team and processes that are responsive," Titus wrote.
Apple's iPhone X Delay Means High Demand Won't Happen Until 2018 [Report]
Wall Street analysts say the iPhone X will push a large number of consumers to upgrade their devices, but KGI Securities analyst Ming-Chi Kuo says the "super cycle" will happen until 2018, according to an investor's note obtained by MacRumors. Apple will release the iPhone X in November, but Kuo says "the real super cycle" won't occur until next year. A supercycle is described as a high demand in upgrading to a new phone. Wall Street analysts believe many people who bought the iPhone 6 and iPhone 6 Plus three years ago will want to get a brand new device this year. Apple has been reportedly struggling with the iPhone X's main feature, the Face ID.
NVIDIA's Quarterly Earnings Beat Estimates, With Growth in All Major Business Segments -- The Motley Fool
Last week, NVIDIA (NASDAQ:NVDA) released its first-quarter fiscal 2017 report, which included some impressive results. The graphics-processor maker posted Q1 revenue of 1.3 billion, an increase of 13% year over year, and non-GAAP earning per share were up 39% from the year-ago quarter to 0.46. Wall Street analysts had been expecting revenue of around 1.26 billion and EPS of 0.41. NVIDIA co-founder and CEO Jen-Hsun Huang said the revenue and earnings growth were spurred on by all of the key segments of its business. "We are enjoying growth in all of our platforms -- gaming, professional visualization, datacenter and auto," Huang said in a press release.