It's been about a year since the video rental company made a couple of really bad decisions. Things aren't looking much better now.
By Richard Saintvilus
Can you believe it's been about a year since streaming movie giant Netflix (NFLX) made a pair of self-destructive decisions?
First it moved to hike prices when its customers were struggling to make ends meet just to pay for basic household necessities. Then it turned around and announced plans to split its popular DVD delivery service from its streaming business -- a decision it later nixed.
Today, very little has changed with the company, and how it is perceived and its competitive landscape have taken a turn for the worse.
There was some good news in the company's most recent earnings report as Netflix met its targets and reported profit of 11 cents a share, topping the average analyst estimate of 4 cents. Revenue was $889 million, up from $788.6 million a year earlier.
Its logo is not a fruit, but HP is ripe and ready to grow.
By Richard Saintvilus
While it is still too early to proclaim the resurgence of Hewlett-Packard (HPQ), Wall Street should start giving the company, and in particular Meg Whitman, credit.
Cruise control will have a whole new meaning as companies like Google move toward a new tech reality.
By Julie Halpert
Once only seen on futuristic television shows like "The Jetsons," self-driving cars could park themselves in your garage – and do a whole lot more – sooner than you think.
As automakers begin to equip cars with technologies that take control from the driver, it's not unrealistic to expect self-driving cars to hit the market within the next decade. The state of Nevada recently granted Google (GOOG) a license to test its self-driving car on public streets. This week, the Department of Transportation will kick off a program to pilot-test 2,800 connected vehicles in Ann Arbor with communication devices that allow them to talk to each other and avert accidents on their own. A recent report by The Center for Automotive Research and KPMG concludes that self-driving cars for consumers are inevitable – it only depends on how quickly the country can adopt the technology and infrastructure.
The PC maker is set to deliver its quarterly results after the bell amid growing concerns about its ability to withstand a cautious spending climate.
By James Rogers
Dell (DELL) reports its second-quarter results after market close on Tuesday amid growing concerns about its ability to withstand a cautious spending climate.
Chip giant Intel (INTC), for example, recently lowered its full-year guidance to reflect a challenging macroeconomic environment and a host of other companies, including Texas Instrument (TXN), have highlighted cautious spending.
With expectations that a new iPhone and iPad will be unveiled next month, how has the stock performed leading up to previous product announcements?
Apple (AAPL) is widely expected to announce a new iPhone and perhaps a new iPad next month. Historically, shares have run up into a product announcement, and it looks as if this time is no different.
Courtesy of Sanford Bernstein, is a chart showing how Apple shares have done into a product release.
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[BRIEFING.COM] S&P futures vs fair value: -0.50. Nasdaq futures vs fair value: flat. The S&P 500 futures trade less than a point below fair value.
Asian markets ended on a mixed note after the release of China's HSBC Manufacturing PMI, which ticked up to 48.3 from 48.0 (expected 48.4). Even though the reading improved, it remained in contraction (below 50) for the fourth month in a row.
In other regional data, Australia's CPI rose 0.6% quarter-over-quarter (expected ... More
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