Shira Ovide

Facebook Inc (NASDAQ: FB) announced last week that it will no longer proceed with a plan to create a new classification of company stock. While this resulted in the stock hitting a two-month low, it also signals that the company's directors aren't "villains," Gadfly's Shira Ovide said. Facebook...

Despite Apple Inc. (NASDAQ: AAPL) boasting hundreds of billions of dollars on its balance sheet, the company is looking to tap the debt market for the seventh time this year alone. Apple is looking to raise $5 billion through a bond sale with various maturities of up to 30 years, Gadfly's Lisa...

Main Street and Wall Street are both making a big deal out of Amazon.com, Inc. (NASDAQ: AMZN)'s annual Prime Day selling holiday but there is little reason to celebrate Jeff Bezos' invested holiday, according to Gadfly's Shira Ovide. Just A Big Hoopla? Amazon hosted a 30-hour selling event this...

A new day, a new senior member of Uber Technologies leaving the company. On Tuesday, the billionaire co-founder of private equity giant TPG Capital and member of Uber's board David Bonderman announced his resignation after cracking a sexist joke -- during a meeting intended to crack down on...

What's not to love about Amazon.com, Inc. (NASDAQ: AMZN)? =Consumers love its speedy delivery of millions of items. Investors love its growth profile and prospects of hitting a $1-trillion valuation. But what if investors are wrong in loving Amazon? This is a view that Gadfly's Shira Ovide...

Even though Intel Corporation (NASDAQ: INTC) can afford to fork over $15 billion to acquire Mobileye NV (NYSE: MBLY), there are two questions that need to be answered. Did Intel overpay? Did Intel have to pursue the acquisition? Gadfly's Shira Ovide noted that while Intel can finance the all-...

Snap, the parent company of the social media platform Snpachat, will begin listing its shares on the New York Stock Exchange next week. To some investors buying into the IPO gives investors access to a rapidly growing social media empire that is beloved by the coveted millennial demographic....

Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) can now claim to be a top 10 Apple Inc. (NASDAQ: AAPL) shareholder. Buffett, who has characteristically shied away from tech investments, reported a relatively small stake (at least by Buffett's standards) in Apple of around $1 billion...

Tom Brady and the New England Patriots emerged the winner of Super Bowl LI, but there were other winners not dominating the headlines. According to Gadfly's Shire Ovide and Rani Molla, technology companies combined for 15 commercials during the big game, up from 13 a year ago. In fact, tech...

Apple Inc. (NASDAQ: AAPL) is said to be eyeing an entry into Hollywood. Thursday's chatter marks "approximately the 400th attempt by Apple to become a significant entertainment company." According to Gadfly's Shira Ovide, Apple has been in talks with media companies and cable TV providers for years...

There are many adjectives that could be used to describe Yahoo! Inc. (NASDAQ: YHOO) after a new data breach disclosed this week could result in Verizon Communications Inc. (NYSE: VZ) walking away from its planned $4.8 billion acquisition of some of Yahoo's assets. Data Breach Ramifications Gadfly's...

Bloomberg reported on Monday that Apple Inc. (NASDAQ: AAPL) is looking to sell its own version of digital glasses that can connect wireless to an iPhone. Sound familiar? As noted by Gadfly's Shira Ovide, Apple's next hot product is a new version of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s...

Netflix, Inc. (NASDAQ: NFLX) must have done everything right in its third quarter for the stock to soar nearly 20 percent, right? According to Gadfly's Shira Ovide, the answer is a clear no; there is a lot that is very wrong with Netflix's earnings report. For starters, Netflix added fewer than 500...

Bloomberg Gadfly's Shira Ovide stated the obvious: People enjoy following a messy story, especially when it comes to Wall Street. The latest instance of a messy situation: salesforce.com, inc. (NYSE: CRM) losing out to Microsoft Corporation (NASDAQ: MSFT) in acquiring LinkedIn Corp (NYSE: LNKD)....