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What Is The 'Gig Economy'? Don't Worry If You Don't Know, You Aren't Alone
Thursday, May 19, 2016 - 4:42pm | 278Read More...Do you know what the "gig economy" is? Don't worry if you don't, as most Americans are unfamiliar with the topic. According to WhatIs.com, a gig economy is an "environment in which temporary positions are common and organizations contract with independent workers for...
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Uber's Rival And Apple's Latest Investment May File For A 2018 IPO
Monday, May 16, 2016 - 9:05am | 278Read More...China-based Didi Chuxing is eyeing an IPO for 2018, according to Reuters. Didi Chuxing is Uber Technologies' main competitor in China and offers a similar service. The company, formally known as Didi Kuaidi was formed lasted year following the merger of two companies separately backed by Alibaba...
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Tim Cook Is 'Putting His Money Where His Mouth Is'
Friday, May 13, 2016 - 1:08pm | 298Read More...Apple Inc. (NASDAQ: AAPL)'s CEO Tim Cook recently said during the company's post-earnings conference call that the Chinese economy may be in better shape than how people perceive it to be. "I see China as may not have the wind at our backs that we once did but it's a lot more...
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How Much Trouble Is Apple In?
Friday, May 13, 2016 - 9:45am | 284Read More...It wasn't supposed to play out this way. Wall Street analysts were once calling for Apple Inc. (NASDAQ: AAPL)'s valuation to top $1 trillion. As of Thursday's market close, shares of Apple need to nearly double to reach this lofty valuation. Is Apple In Trouble? According to CNBC's Phil Han, Apple...
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Apple Just Invested $1 Billion In Uber's Biggest Rival
Friday, May 13, 2016 - 8:33am | 497Read More...Apple Inc. (NASDAQ: AAPL) has invested $1 billion in Chinese ride-hailing service Didi Chuxing, dealing a severe blow to Uber's expansion efforts in the country. The investment from Apple, which joins Tencent Holdings Ltd (OTC: TCTZF) and Alibaba Group Holding Ltd (NYSE: BABA) in investing...
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Uber Once Made Ariana Huffington Feel Like A Greek Goddess, Now She's Joining The Board
Wednesday, April 27, 2016 - 8:31am | 244Read More...Uber, the popular ride sharing platform, announced on Wednesday that Arianna Huffington will join its board of directors. Huffington is the founder and editor-in-chief of the Huffington Post. Uber's CEO Travis Kalanick stated that he is friends with the media mogul who "believes deeply in our...
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T. Rowe Price Marked Down Its Investments In Private Companies, Including Uber And Dropbox
Monday, April 18, 2016 - 2:16pm | 218Read More...Notable investment management firm T. Rowe Price Group Inc (NASDAQ: TROW) slashed the valuation of most of its investments in private technology companies. According to The Wall Street Journal, T. Rowe Price Group revised its valuation on many technology companies lower, including Uber and...
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Roth Capital Starts Shopify, XO Group, Mitek At Buy
Friday, April 15, 2016 - 8:58am | 328Read More...Roth Capital's Darren Aftahi initiated coverage on three Internet and media stocks Thursday afternoon: Shopify Inc (NYSE: SHOP), XO Group Inc (NYSE: XOXO) and Mitek Systems, Inc. (NASDAQ: MITK), each with Buy ratings. Shopify: $35 Price Target Aftahi called Shopify "a pure-play on agnostically...
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Is Hertz's Profit Warning That Much Of A Surprise?
Monday, April 11, 2016 - 2:35pm | 546Read More...Hertz Global Holdings Inc (NYSE: HTZ) shares are trading lower by $1 (10.5 percent) at $8.70 in Monday's session. The catalyst for the sharp decline was the company announcing Q1 rental revenue and Q1 adjusted EPS will be lower than expected due to excess industry capacity. It affirmed FY...
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Cramer: Tesla Becoming 'Integrated Into Society'
Monday, April 4, 2016 - 2:33pm | 239Read More...On a recent "Squawk On The Street" segment on CNBC, Jim Cramer addressed Tesla Motors Inc (NASDAQ: TSLA), calling the company's recent success a "phenomenon." "This is a phenomenon, and I find that the phenomenon seems to cross all bounds," Cramer began. "...
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Hilton Hotels Introduces New Partnership With Uber
Wednesday, March 30, 2016 - 2:05pm | 281Read More...In what is considered to be an industry first, Hilton Worldwide Holdings Inc (NYSE: HLT) announced a new partnership with Uber to combine their respective apps. Hilton's HHonors members can now order an Uber vehicle directly from the HHonors app. On the other hand, Uber riders can now view...
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Autonomous Driving Could Actually Help Traditional Automakers: Here's How
Monday, March 28, 2016 - 10:07am | 344Read More...In a new report, Deutsche Bank analyst Rod Lache discussed the impact that driverless cars will have on the U.S. auto industry. According to Deutsche Bank, 8.2 percent of all Americans and up to 61 percent of those living in urban settings will find autonomous vehicles cheaper and more convenient...
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Super Tuesday Stock Picks For Each Leading Candidate
Tuesday, March 1, 2016 - 2:03pm | 538Read More...This year, the first of March marks the pinnacle of the 2016 U.S. presidential primary season: Super Tuesday. All together, the Democratic candidates have a total of 1,015 delegates at stake today and the Republicans have 595 delegates on the line. To celebrate this big day in the world of politics...
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China's Answer To Uber, Didi Kuaidi, Valued At $20 Billion
Wednesday, February 24, 2016 - 1:53pm | 213Read More...According to a report from Dow Jones, Uber's main competitor in China, Didi Kuaidi Joint Co, is looking to raise around $1 billion at a valuation of more than $20 billion. Dow Jones, citing "people familiar with the situation," reported that Didi Kuaidi is looking to raise funds as Uber's...
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You Can Buy Uber For $38 Per Share Right Now
Friday, February 12, 2016 - 11:33am | 286Read More...Elite Crowdfunder is offering an opportunity for investors to buy shares of privately-held Uber for $38 per share. According to Elite Crowdfunder, the $38 share price is similar to the price at which Microsoft Corporation (NASDAQ: MSFT) took a $100 million stake in Uber back in summer 2015....












