Tag Archives: bad-request

Apple struggles to remain positive after BoA downgrade

Apple (AAPL) stock struggled on Wednesday after getting downgraded by Bank of America Merrill Lynch. Apple was up a fraction, near 115, in afternoon trading in the stock market today. Earlier Wednesday, Apple stock had been down as much as 2.2% and up as much as 2.9%. Apple stock has fallen in 10 of the past 11 trading days. Analysts have expressed concerns about slowing iPhone sales growth, economic turmoil in China and disappointing Apple Watch

Amazon, Microsoft Show Bigger Is Better In Cloud

Bigger cloud computing service providers, led by Amazon Web Services but also including Microsoft (MSFT) and Salesforce (CRM), continue to take market share from smaller rivals, says Goldman Sachs in a report. Amazon.com (AMZN) on July 23 posted a surprise Q2 profit as revenue at AWS, its cloud computing infrastructure business, popped 81% to $1.82 billion from the year-earlier period. It was only the second quarter that Amazon has broken out AWS

Priceline Pops To New High As E-Travel Stocks Buzz

Shares of online travel sites Priceline (PCLN), Expedia (EXPE), Ctrip (CTRP) and eLong (LONG) have perked up recently in the wake of estimate-beating earnings and acquisition bids. Priceline popped to a new all-time high in the stock market today after issuing view-topping second-quarter results. The travel website’s gross bookings rose 11% from a year ago. The stock gapped up 5.5% in fast turnover to a fresh high, nearing the 1400 mark for the