Web.com (WWWW) is gaining market share in website design and hosting for small and midsize businesses, a new survey shows. Meanwhile, market leader GoDaddy (GDDY) is losing favor with SMB customers in the category. In a report Thursday, RBC Capital Markets said GoDaddy is still No. 1 among SMB customers for website design and hosting, but its share of the market dipped to 20% this month from 26% in September 2014. Second place Google (GOOGL) saw
Google (GOOGL) and its Android search business should prepare for a negative impact from the various new products that Apple (AAPL) announced on Wednesday, according to an industry note on Thursday by Monness, Crespi, Hardt & Co. Apple unveiled souped-up versions of its Apple Watch, as well as its new iPad Pro, Apple TV and iPhone 6S/6S Plus, products that the investment bank called “encroaching steps onto competitive territories,” wrote Monness
Internet giant Google (GOOGL) and three other tech stocks made their way back onto the IBD 50 list of growth stocks this week as the market tried to climb back from its downtrend. Google stock shot up 16% on July 17 on strong Q2 earnings after the close the day before. On Aug. 10, the company said it would restructure with the parent-company name of Alphabet, with Google as the largest unit. After getting caught in the market rout spurred by China