The outlook for tablet sales this year has weakened, prompting market research firm IDC to change its forecast from growth to decline. IDC said Thursday that it believes worldwide shipments of tablets and 2-in-1 devices will fall 3.8% year over year to 221.8 million units in 2015. It previously said tablet shipments would rise 2.1% to 234.5 million units. IDC changed its forecast following two consecutive quarters of declining tablet sales. While
Recent IPO SolarEdge Technologies (SEDG) received a price target upgrade as shares of the Israeli maker of solar energy components hit a new high. Canaccord Genuity analyst Jed Dorsheimer maintained a buy rating on SolarEdge stock and raised his price target to 43 from 37. SolarEdge stock was up 4%, above 38, in afternoon trading in the stock market today. The company made its initial public offering on March 26, raising $126 million by pricing 7
Facebook (FB), Amazon.com (AMZN) and Netflix (NFLX) continue to dominate their digital markets, according to a report on social networking, e-commerce and streaming video released Thursday by SunTrust Robinson Humphrey. The STRH SurveyMonkey Cyber Indices are compiled from a monthly online survey of over 1,500 U.S. respondents ages 13 and older. It uses SurveyMonkey Audience, a proprietary online panel that’s selected to mirror the age and sex