Wearables market shares rise with IDC forecast
IDC data show a 16.9 percent year over year rise in fourth quarter 2016 wearable shipments to 33.9 million. Fitbit Xiaomi Apple Garmin Samsung lead, with Xiaomi expanding on cheap band sales in China and Apple benefiting from Watch Series 2. IDC expects global shipments to grow from 102.4 million in 2016 to 213.6 million by 2020.
MENTIONED IN THIS ARTICLE
Fitbit
Garmin
Xiaomi
Samsung
Apple
Other
Source Idc
IDC
Ple
China
ABInBev Bets $2 Billion On Near Beer And Craft Brands
ABInBev plans a $2 billion push to strengthen flagship lines and expand near beer offerings such as alcoholic sparkling water. The group has also acquired nine craft beer brands to broaden its craft footprint while maintaining a trading price around $119.62. Hertz faces refinancing costs, fleet upgrades, and a second straight quarterly loss as stock nears multi-year lows and credit risk rises. Tesla drops premarket after Morgan Stanley downgrades to equal weight with 2017 cash burn seen rising to $3.1 billion from $2.3 billion. price target unchanged at $305.
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Anheuser-Busch InBev the Beverage and Brewing Company
Hertz Global Holdings
Tesla
Morgan Stanley
CBOE Volatility Index and S&P 500 P/E Ratio Update
The CBOE Volatility Index measures expected market volatility from S&P 500 options pricing. The S&P 500 price to earnings ratio remains unchanged, based on trailing twelve month operating earnings.
MENTIONED IN THIS ARTICLE
CBOE
WannaCry outbreak boosts cybersecurity stocks worldwide
The WannaCry ransomware attack spurred a Monday rally in cybersecurity stocks as investors sought safety. Europol reports at least 150 countries affected, with Europe and Asia hardest hit and North America largely spared. Major names Palo Alto Networks Symantec Cisco Proofpoint and Microsoft rose, while the PureFunds ISE Cyber Security ETF climbed 3.2 percent. Brad Smith of Microsoft said the company is working to contain the outbreak and aid users of older systems.
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European Union
Europol Law Enforcement Agency
Europe
Asia
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ISE
Palo Alto Networks
Santa Clara
Calif
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Proofpoint
Sunnyvale
Microsoft
Brad Smith
Redmond
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