Philippines PC Market Continues To Boom

While a majority of other regions are struggling to maintain their PC sales, Philippines is defying the trend to continue its outperformance, reports IDC. The PC shipments hit a record high in Q1 2016, reaching 518,645 units at a growth rate of 7% YoY. The infographic below clearly suggests that consumers are driving the PC […]

RBI to study blockchain

RBI Shows Interest in Blockchain Technology

The Reserve Bank of India is working on constituting a team to study the use of blockchain technology – the tech underpinning cryptocurrencies such as bitcoin – to reduce the use of hard cash, Moneycontrol reports. RBI Deputy Governor H R Khan said this during an event organized by the Institute for Development and Research […]

staples

Staples, Inc. – Buy …. But Not Just Yet!

Staples, Inc. (NASDAQ: SPLS) faced the market’s wrath as its merger with Office Depot, Inc. (NASDAQ: ODP) was blocked by the U.S. District Court for the District of Columbia. As per the terms of the merger agreement, Staples is now obliged to pay Office Depot a $250 million break-up fee. Ron Sargent, CEO and Chairman […]

S&P 500 analysis

S&P 500 Will See A Massive Move This Year!

S&P 500 index will likely see a rip-your-face-off move this year. This is what the index’ weekly price chart is saying. As can be seen from the chart below, S&P 500 has been trading in a very broad range of 330 points, and is currently at the higher end. Even though the expectations from quarterly […]

S&P 500 analysis

Will Indian Stocks Disappoint Next Week?

Indian stocks ended this week on a strong note, posting 3.9% in gains. The benchmark Nifty 50 closed above 7850, helped by a strong global rally and some support lent by positive IIP data. Banks and Auto were the major gains, along with Metals. India’s fundamental situation has also been improving with the sustenance of […]