Google (GOOG) continues to go green. The No. 1 online search company on Wednesday said it’s agreed to provide $145 million in equity financing to SunEdison (SUNE) for a solar power plant SunEdison is building in California. Google stock was down a fraction in early trading in the stock market today, but SunEdison stock was up more than 1%, near 21. SunEdison stock touched a nearly six-year high of 24.35 on July 14, and the stock has an IBD
Chromebook sales are on fire, according to market research firm Gartner (IT). In a report Monday, Gartner said sales of Chromebooks will reach 5.2 million units in 2014, up 79% from 2013. By 2017, Chromebook sales are set to nearly triple, reaching 14.4 million units, Gartner said. A Chromebook is a notebook computer that runs Google ‘s (GOOG) Chrome operating system and mainly uses the Internet cloud for storage. A wireless connection, either Wi-Fi or cellular, is required to access online data and applications. Chromebooks have little local storage, usually solid-state drives with up to 16 gigabytes of storage. “Now that the PC market is no longer growing strongly, vendors are searching for new business opportunities,” Gartner analyst Isabelle Durand said in a statement. “They launched Chromebooks to revive interest in sub-$300 portable PCs once the netbook bubble had burst.” Chromebooks are mainly being driven by the education market in…
Chromebook sales are on fire, according to market research firm Gartner (IT). In a report Monday, Gartner said sales of Chromebooks will reach 5.2 million units in 2014, up 79% from 2013. By 2017, Chromebook sales are set to nearly triple, reaching 14.4 million units, Gartner said. A Chromebook is a notebook computer that runs Google ‘s (GOOG) Chrome operating system and mainly uses the Internet cloud for storage. A wireless connection, either Wi-Fi or cellular, is required to access online data and applications. Chromebooks have little local storage, usually solid-state drives with up to 16 gigabytes of storage. “Now that the PC market is no longer growing strongly, vendors are searching for new business opportunities,” Gartner analyst Isabelle Durand said in a statement. “They launched Chromebooks to revive interest in sub-$300 portable PCs once the netbook bubble had burst.” Chromebooks are mainly being driven by the education market in…