Amazon is rumored to be testing a smartphone that could be released in early 2013. But does the online retailer stand a chance against Apple’s iPhone and Google’s Android? One analyst says that an Amazon smartphone may not be the smartest move.
Netflix stock has tumbled more than 70 percent in the past year since killing its hybrid subscription plan and jacking up prices for DVD and video access. With streaming costs and competition on the rise, can Netflix stay on top?
Concerns about Europe and slowing IT spending in North America were central in Nomura’s decision to trim estimates for numerous software companies on Monday. One analyst said that while the sector is suffering, they may be safe haven for investors.
Big retailers including Costco Wholesale, Macy’s, Target, and Kohl’s reported June sales that failed to meet estimates. Some retailers even changed their earnings forecasts as a result. As the back-to-school season and the holidays get closer, a rotten retail stock could start to stink. Here’s what analysts are looking out for.
Telecommunications, the best performing sector in the first half of the year, surged on Monday to trade at levels unseen since June 2008. Although Verizon Communications and AT&T are the biggest players in the sector, they may not be the best bet for investors.
Hundreds of billions of dollars have been put into cancer research over the past 40 years and death rates have declined about one percent per year. As federal funding is drying up, some wonder if the one percent is worth the cost.
Bed Bath & Beyond is up 41 percent over the past 12 months. But shares tumbled more than 15 percent on Thursday following a weaker-than-expected profit outlook for the current quarter. Is this a minor hiccup or a long-term setback for the home furnishing store?