Author Archives: Scalper1

Midday Update: Stocks Remain Negative Following Weak Manufacturing Datal

The U.S. markets continued to deteriorate on Thursday despite a rebound in oil prices as year end positioning and a six year low in a key manufacturing index pulled the S&P 500 into the red for 2015, and dragged

Facebook Eyes Multibillion-Dollar Market Opportunity

As video consumption explodes across Facebook (FB), the company is well positioned to capture an increasing portion of TV ad budgets, providing a multibillion-dollar opportunity in 2016 and beyond, investment bank Jefferies says in a research report. As marketers migrate toward data-driven, highly-targeted online video ad campaigns, the online video ad market in the U.S. could approach $17 billion by 2017, Jefferies said. Facebook and Alphabet

Alibaba, Baidu, Tencent Riding Online Health Wave

China’s online health care market is expected to hit $3.2 billion in 2015, up 60%, according to a new report, and that’s good news for Baidu (BIDU), Alibaba Group (BABA) and Tencent Holdings (TCEHY). China’s big three Internet giants are expanding their health offerings there. A steady increase in the Internet penetration rate in China, which reached 48.8% in the first half of 2015, is driving the trend, according to Marbridge Consulting’s report.