Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Scarlett Ness
Marvell to Expand into Cloud and Data Center Infrastructure
Marvell partners with Arm technology Semiconductor giant Marvell Technology (MRVL) has expanded its partnership with Arm, a unit of SoftBank Group, wherein Arm support would substantially expand into the next-generation Marvell ThunderX server processor technology through 2022. Arm technology is advanced and has energy-efficient processor designs to offer highly differentiated solutions for the computing and connectivity ecosystem.
Facebook to Unveil Its Cryptocurrency This Month
6 Jun WRITTEN BY Scarlett Ness Facebook’s cryptocurrency According to a report from The Information, social media giant Facebook (FB) plans to launch its cryptocurrency to the public by the end of this month. The move will allow users to make transactions through the social media channel. Moreover, employees can also take cryptocurrency as their salary.
Cypress Stock Soared 24% on Acquisition Offer from Infineon
Cypress takeover Cypress Semiconductor (CY) jumped 23.9% on Monday and closed at $22.07 after German chipmaker Infineon Technologies AG agreed to buy the US chipmaker amid global uncertainty and a slowdown in China. Infineon stock lost 7.1% on June 3 on the acquisition deal. According to the deal, Infineon has agreed to buy Cypress Semiconductor, including its debt, at a deal value of $10.06 billion (9 billion euros). Infineon will pay around $23.85 per share to Cypress shareholders.
Does Amazon’s Interest in Boost Mobile Make Sense?
Latest articles Royal Dutch Shell (RDS.A) stock has fallen 1% sequentially in the second quarter. However, the fall is lower than the company's peers. Charlotte’s Web Holdings (CWBHF) fell 6.2% on June 3 amid the weakness in the cannabis space. Tiffany (TIF) posted mixed first-quarter results on June 4. Yesterday, Eight Capital initiated coverage on Cresco Labs (CRLBF) with a “buy” rating. Signet Jewelers (SIG) is scheduled to announce its first-quarter results before the markets open on June 6.
Cypress Stock Rose Due to Buyout Offer from Infineon Technologies
3 Jun WRITTEN BY Scarlett Ness Cypress stock On June 3, Cypress Semiconductor (CY) shares rose ~25% in pre-market trade after the company agreed to a buyout offer from Infineon Technologies. According to a report, Infineon Technologies wanted to buy Cypress Semiconductor amid global uncertainty and China’s sluggish car business. Last week, there were reports that hinted at Cypress’ inclination to become a takeover target. Infineon shares fell 6.5% on June 3.
How HP’s Dividend Yield Stacks Up with Peers
How HP’s Dividend Yield Stacks Up with Peers More HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP’s cash flowsHP (HPQ) generated free cash flow of $747 million in the second quarter of fiscal 2019, while cash flow from operations was $861 million. HP continues
Weak Supplies Continue to Pull Down HP’s Printing Revenues
Weak Supplies Continue to Pull Down HP’s Printing Revenues More HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)Printing business performanceHP’s (HPQ) printing business has not been doing well for the past few quarters. The printing business revenue growth has been declining
HP’s Personal Systems Segment Continues to Post Sluggish Sales
HP’s Personal Systems Segment Continues to Post Sluggish Sales More HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP’s Personal Systems divisionHP’s (HPQ) Personal Systems segment revenues have been growing on a YoY basis, but the rate of revenue growth has declined in the past
Boost Mobile: New Bidders Fuel the Sprint and T-Mobile Merger
Boost Mobile Potential buyers are seeking to buy Sprint’s (S) Boost Mobile brand. The buyers are ready to pay up to $3 billion for one of the largest US prepaid wireless brands. Selling Boost Mobile is necessary to fulfill the FCC’s (Federal Communications Commission) conditions. The FCC approved Sprint and T-Mobile’s (TMUS) merger on May 20. The FCC also wants the companies to deploy maximum 5G expansion and keep the prices low for at least three years after the merger deal is closed.
How Is HP Placed Compared to Peers in Global PC Market?
How Is HP Placed Compared to Peers in Global PC Market? More HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP leads the global PC marketAccording to research firm IDC (International Data Corporation), HP (HPQ) regained its top spot in the worldwide PC (personal computer)
What’s behind HP’s Sluggish Revenue Growth Trend in Q2?
What’s behind HP’s Sluggish Revenue Growth Trend in Q2? More HP Forecasts Higher Profits despite Weak Revenue Trend(Continued from Prior Part)HP’s revenues trendHP (HPQ) delivered upbeat second-quarter revenues of $14.04 billion, which was 0.3% higher YoY than the year-ago quarter and 2% higher YoY,
How HP’s Stock Performance Compares to Peers
How HP’s Stock Performance Compares to Peers More HP Forecasts Higher Profits despite Weak Revenue TrendHP stock rises on strong Q2 earningsHP (HPQ) impressed investors with its results for the second quarter of fiscal 2019, which it released on May 23 after the market bell. HP gained ~4.4% on May
Is IBM Close to Completing Its Red Hat Acquisition?
Is IBM Close to Completing Its Red Hat Acquisition? More Tech Sector: Analyzing the Latest Acquisition Deals(Continued from Prior Part)IBM-Red Hat deal awaits regulatory approvalIBM (IBM) is waiting for approval from European Union (EZU) antitrust regulators for its $34 billion potential acquisition of
Trump’s Huawei Ban Pulls Down US Chip Stocks
Trump’s Huawei Ban Pulls Down US Chip Stocks More Understanding the Impact of Trump’s Huawei Ban on US StocksHuawei banLast week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions, restricting US companies’ transfer or supply of any
What Google’s Ban Means to Huawei
What Google’s Ban Means to Huawei More Understanding the Impact of Trump’s Huawei Ban on US Stocks(Continued from Prior Part)Google blocks business deals with HuaweiAlphabet’s (GOOGL) Google suspended its business dealings with Chinese (MCHI) (FXI) tech giant Huawei after the Trump
Why There Aren’t Any ‘Sell’ Recommendations on Cisco Stock
Why There Aren’t Any ‘Sell’ Recommendations on Cisco Stock More Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Analysts’ recommendations for CiscoOf the 30 analysts covering Cisco Systems (CSCO), 21 have given the stock “buy” ratings, while nine have given it “holds.” No analysts have
How Google’s Suspension of Business Could Affect Huawei
How Google’s Suspension of Business Could Affect Huawei More Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?(Continued from Prior Part)Huawei under pressureChina’s Huawei Technologies is expected to be negatively impacted by Google’s (GOOGL) decision to comply with the US government’s
Qualcomm and Intel Join Google in Cutting Ties with Huawei
Qualcomm and Intel Join Google in Cutting Ties with Huawei More Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?(Continued from Prior Part)Trump blacklisted HuaweiLast week on Thursday, the Trump administration added Huawei Technologies to a trade blacklist, which restricted US companies from
Why Is Google Cutting Ties with China-Based Huawei?
Why Is Google Cutting Ties with China-Based Huawei? More Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?Google stops its business deals with Huawei Alphabet’s (GOOGL) unit Google has decided to stop licensing its Android operating system (or OS) to China’s smartphone company Huawei
Is Huawei Really Worried about the Loss of Google’s Android OS?
Is Huawei Really Worried about the Loss of Google’s Android OS? More Google Cuts Ties with Huawei: How Will It Impact Chinese Firm?(Continued from Prior Part)Huawei’s loss of Android OSAlphabet’s (GOOGL) division Google has decided not to do business with China’s (MCHI) (FXI) smartphone maker Huawei after
Why Isn’t Cisco Sweating the US-China Trade Spat?
Why Isn’t Cisco Sweating the US-China Trade Spat? More Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)US-China trade warLast week, the United States raised tariffs on imported Chinese goods worth $200 billion to 25% from the 10% it had levied earlier. In response, China increased
Is Cisco’s Dividend Yield Better than Its Peers’?
Is Cisco’s Dividend Yield Better than Its Peers’? More Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Strong cash flowsCisco Systems (CSCO) ended the third quarter of fiscal 2019 with an operating cash flow of $4.3 billion, ~79% higher than the previous year’s quarter, including the
What Are Cisco’s Plans for Q4?
What Are Cisco’s Plans for Q4? More Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Impressive outlookDuring its fiscal 2019 third-quarter earnings call, Cisco Systems (CSCO) forecast strong sales and profit guidances for the fourth quarter (which will end in July
What Were Cisco’s Revenue Drivers in Q3?
What Were Cisco’s Revenue Drivers in Q3? More Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Cisco posts upbeat revenueCisco Systems’ (CSCO) revenue of $12.96 billion exceeded analysts’ expectation by 0.5% in the third quarter of fiscal 2019. Its revenue rose 4% YoY
Margins and Buybacks Pushed Up Cisco’s Q3 Earnings
Margins and Buybacks Pushed Up Cisco’s Q3 Earnings More Cisco Stock Soars on Strong Q4 Outlook(Continued from Prior Part)Cisco’s earningsOn May 15, Cisco Systems (CSCO) reported that it had delivered higher-than-expected earnings in the third quarter of fiscal 2019. Its adjusted EPS of $0.78 exceeded
How Is Cisco Stock Performing Compared to Its Peers?
How Is Cisco Stock Performing Compared to Its Peers? More Cisco Stock Soars on Strong Q4 OutlookCisco’s stock price movementCisco Systems (CSCO) stock soared 6.7% on May 16 after the company posted upbeat results for the third quarter of fiscal 2019, which ended on April 27, on May 15. The tech giant
How Facebook Is Tightening Rules for Its Live Feature
How Facebook Is Tightening Rules for Its Live Feature More Must-Know Updates from Facebook, Amazon, Google, and Twitter(Continued from Prior Part)Facebook’s “one-strike” policyFacebook (FB) recently announced that it’s introducing a “one-strike” policy for its Facebook Live feature, which would
How Amazon’s New Air Hub Could Affect Its Shipping Partners
How Amazon’s New Air Hub Could Affect Its Shipping Partners More Must-Know Updates from Facebook, Amazon, Google, and Twitter(Continued from Prior Part)Amazon’s new air hubAmazon (AMZN) has started working on its new air hub, worth $1.4 billion, which is slated to open at Kentucky International Airport in 2021.
Can Alphabet’s New Ad Expansion Help It Compete with Rivals?
Can Alphabet’s New Ad Expansion Help It Compete with Rivals? More Must-Know Updates from Facebook, Amazon, Google, and Twitter(Continued from Prior Part)Google’s new ads on its appsAlphabet’s (GOOGL) Google is focusing on pushing new ads in its apps to attract mobile shoppers and thereby boost revenue. Google
How Is Cisco Stock Performing Compared to Its Peers?
Cisco’s stock price movement Cisco Systems (CSCO) stock soared 6.7% on May 16 after the company posted upbeat results for the third quarter of fiscal 2019, which ended on April 27, on May 15. The tech giant also rose as much as 3% in after-hours trading on May 15. Cisco stock has gained 30.9% YTD (year-to-date) as of May 16, higher than the S&P 500’s gain of nearly 14.7%. However, the stock has fallen 0.04% in May.
A Look at Facebook’s Efforts ahead of EU Elections
A Look at Facebook’s Efforts ahead of EU Elections More Must-Know Updates from Facebook, Amazon, Google, and Twitter(Continued from Prior Part)Facebook is closing Italian accountsFacebook (FB) has closed down several Italian accounts and pages that were spreading fake news ahead of European Union (or EU)
Amazon Wants Employees to Start Delivery Businesses
Amazon Wants Employees to Start Delivery Businesses More Must-Know Updates from Facebook, Amazon, Google, and Twitter(Continued from Prior Part)Amazon asking employees to leave the companyAmazon (AMZN) is encouraging employees to leave the company if they wish to and start their own business of delivering
Willl Facebook’s Wage Hike Stress Other Internet Peers?
Willl Facebook’s Wage Hike Stress Other Internet Peers? More Must-Know Updates from Facebook, Amazon, Google, and TwitterFacebook to raise wagesSocial media giant Facebook (FB) has agreed to raise the minimum wage for thousands of its US contract workers in the Bay Area, New York, Washington, DC, and Seattle.
How Is Symantec Stock Performing Compared to Its Peers?
Symantec’s stock price performance Cybersecurity company Symantec (SYMC) stock plummeted ~12.5% on May 10, closing at $19.39 after the company announced its fiscal 2019 fourth-quarter earnings results and issued soft profit guidance for the first quarter of fiscal 2020 on May 9. On the same day, the antivirus software maker’s CEO stepped down, which pulled its shares down by as much as 16% in after-hours trading on May 9. Symantec hasn’t been performing too well this year.
Analysts Are Upbeat on Q2 Results and Disney+
Analysts Are Upbeat on Q2 Results and Disney+ More Disney Beat Earnings and Revenue Estimates in Q2(Continued from Prior Part)Analysts’ recommendations Of the 27 analysts covering the Walt Disney Company (DIS), 20 have given it “buy” ratings, while only one has rated the stock as a
How Did Disney’s Media Network Segment Perform in Q2?
Media Networks segment’s second-quarter revenue The Walt Disney Company (DIS) reported flat revenue of ~$5.5 billion in its Media Networks segment in the second quarter of fiscal 2019, which ended on March 30, 2019. The segment’s operating income fell 3% YoY (year-over-year) in the quarter. A 2% YoY rise in Disney’s cable networks business offset by a 2% fall in its broadcasting business led to the flat revenue growth in its Media Networks segment.
Disney Beat Q2 Earnings Estimates but Fell from the Previous Year
Disney Beat Q2 Earnings Estimates but Fell from the Previous Year More Disney Beat Earnings and Revenue Estimates in Q2(Continued from Prior Part)Disney’s second-quarter earningsThe Walt Disney Company (DIS) reported adjusted EPS of $1.61 in the first quarter, exceeding analysts’ consensus expectation of $1.58. The
Disney Beat Earnings and Revenue Estimates in Q2
Walt Disney tops second-quarter estimates The Walt Disney Company (DIS) provided no surprise to its investors when it beat analysts’ expectations again on both the earnings and revenue fronts in the second quarter of fiscal 2019, which ended on March 30, 2019. It reported its earnings results on May 8. While its revenue rose, its adjusted earnings fell from the previous year’s results. Disney stock was up ~1% in after-hours trading on May 8 following its upbeat second-quarter results.
How Do Analysts View Disney Stock ahead of Q2 Results?
How Do Analysts View Disney Stock ahead of Q2 Results? More Must-Know Updates from Disney(Continued from Prior Part)Rating and target priceAmong the 27 analysts providing recommendations on Walt Disney (DIS) stock, 20 recommended a “buy,” and six recommended a “hold.” Only one of the analysts
Can Disney’s Avengers: Endgame Surpass Avatar?
Disney’s Avengers: Endgame Walt Disney’s (DIS) latest film, Avengers: Endgame, has crossed the $2 billion milestone in the worldwide box office and is now racing to beat the record of Avatar, which hit theatres in 2009 and is the highest grossing movie until now. It earned ~$2.79 billion in the box office.
Why Analysts Are Positive on Charter Stock
Why Analysts Are Positive on Charter Stock More How the First Quarter Turned Out for Charter Communications(Continued from Prior Part)Analysts’ recommendations Charter Communications’ (CHTR) revenue beat despite higher video customer losses in the first quarter may have raised investors’
Why Did Facebook Ban Alex Jones and Other Celebrities?
Why Did Facebook Ban Alex Jones and Other Celebrities? More The Latest from Amazon, Facebook, and Alphabet(Continued from Prior Part)Facebook bans popular political personalitiesFacebook (FB) has banned Alex Jones and other famous US political personalities including commentators Milo Yiannopoulos, Laura
Amazon Rose More than 3% on Berkshire Bet
Amazon Rose More than 3% on Berkshire Bet More The Latest from Amazon, Facebook, and AlphabetBerkshire is buying Amazon stockA CNBC report on Thursday said that Warren Buffett has revealed that Berkshire Hathaway (BRK.A) is purchasing stock in Amazon (AMZN), a company that Buffet has always
Why YouTube Is Shifting Its Ad-Supported Strategy
Why YouTube Is Shifting Its Ad-Supported Strategy More The Latest from Amazon, Facebook, and Alphabet(Continued from Prior Part)YouTube shifts its strategyLast Thursday, Alphabet’s (GOOGL) YouTube announced a new original TV content strategy wherein its upcoming original series and programming will be
How Facebook Is Using Digital Currency for Payments
How Facebook Is Using Digital Currency for Payments More The Latest from Amazon, Facebook, and Alphabet(Continued from Prior Part)Facebook to use cryptocurrency for paymentsAccording to the Wall Street Journal, social media giant Facebook (FB) is planning to offer a cryptocurrency-based payment method to
Amazon Rose More than 3% on Berkshire Bet
Berkshire is buying Amazon stock A CNBC report on Thursday said that Warren Buffett has revealed that Berkshire Hathaway (BRK.A) is purchasing stock in Amazon (AMZN), a company that Buffet has always admired. Amazon stock soared 3.24% to $1,962.46 on Friday. Though Berkshire didn’t disclose the exact amount of stock purchased, Buffett expressed his regret for not buying it earlier. “Yeah, I’ve been a fan, and I’ve been an idiot for not buying,” Buffett said.
Why Did Frontier’s Customer Churn Rate Increase in Q1?
Why Did Frontier’s Customer Churn Rate Increase in Q1? More Frontier Stock Plunged in After-Hours Trading on Mixed Q1 Results(Continued from Prior Part)Frontier’s customer retention rate in the first quarter Frontier Communications (FTR) has been making efforts to retain its customers and maintain a lower
Why Is Frontier’s Revenue Falling?
Why Is Frontier’s Revenue Falling? More Frontier Stock Plunged in After-Hours Trading on Mixed Q1 Results(Continued from Prior Part)Frontier’s first-quarter revenue Frontier Communications’ (FTR) revenue of $2.1 billion was in line with analysts’ expectations in the first quarter of
Citi Raised Price Target on Disney Yesterday
Citi Raised Price Target on Disney Yesterday More Why These Two Analysts Raised Their Price Targets on Disney(Continued from Prior Part)Citi raises price target on DisneyOn April 30, Citi raised its price target on media giant Walt Disney (DIS) to $160 from $132, following J.P. Morgan’s price
Analysts Seem to Be Positive on Comcast after Q1 Results
Analysts Seem to Be Positive on Comcast after Q1 Results More Comcast Delivers Mixed Q1 Results(Continued from Prior Part)Analysts’ recommendations Out of the 33 analysts covering Comcast (CMCSA), 24 analysts have given the stock a “buy” rating, but not a single analyst has given the stock a “sell”
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Scarlett
Contact Scarlett, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack