Sanmit Amin

International Business Machines (IBM) reported its 2Q17 results on Tuesday, July 18. The company reported falling quarterly profits and sales yet again.

Roku stock rises 67% on the first day of trading Digital streaming company Roku went public on Thursday, September 28. The company’s IPO (initial public offering) was set at $14 per share, which is at the higher end of its estimated IPO of $12–$14 per share. The company’s IPO raised nearly $220 million. On Thursday, […]

Social media giant Twitter (TWTR) saw its stock price surge 7.3% on March 14, 2018.

Music streaming giant Spotify (SPOT) has seen its stock rise 25% since it debuted in April.

Cobra Kai, a spin-off of Karate Kid that stars Ralph Macchio and William Zabka, is part of YouTube Red’s lineup of original content.

Facebook (FB) saw the worst year in its history last year.

Spotify (SPOT) reported a spectacular subscriber growth in the second quarter. It now has 83 million paid subscribers.

Twitter (TWTR) announced it will be closing its TV apps on streaming devices Roku (ROKU), Xbox, and Android TV as of May 24.

Apple (AAPL) was the biggest public company by market cap between 2011 and last November, when holding that title became a game of cat and mouse.

Amazon (AMZN) stock closed at its highest point ever on July 11, at $1,755.

Spotify (SPOT) generated 1.27 billion euros (or $1.49 billion) in revenue for the second quarter, up 26% from Q2 2017.

China’s (FXI) smartphone market saw its first annual decline in 2017, according to research firm Canalys. Total shipments declined 4.0% in 2017 to 459.0 million units.

Snapchat recently rolled out the biggest update to its app in more than three years. However, the update is facing a massive revolt by many users.

Trump has proposed a 20% corporate tax rate President Donald Trump has unveiled his plans to change the US tax code. Trump wants to slash the corporate tax rate from 35% to 20%, which could encourage companies to repatriate profits. While corporate taxes will not be as low as the 15% Trump initially promised, big […]

Facebook (FB) estimates that the sharing on its platform via Stories (pictures and videos that disappear in 24 hours) could exceed sharing via Facebook’s News Feed.

Snapchat’s parent company Snap (SNAP) has been laying off employees recently to curb rising expenses.

Snap (SNAP) announced disappointing earnings for the first fiscal quarter earlier this month and said that Snapchat’s redesign was the culprit.

The amazing bull run in tech stocks may be showing signs of slowing down.

The European Commission has opened a formal antitrust probe against semiconductor giant Broadcom (AVGO).

The number of American households using only OTT (over-the-top) streaming services has nearly tripled since 2013.

Qualcomm (QCOM) reported its fiscal 4Q17 results on November 1, 2017. It easily beat revenue and earnings expectations despite the year-long legal battle with Apple (AAPL).

Wearable device shipments grew 7.7% in 4Q17 According to IDC Research, the wearables market (WEAR) saw growth in 4Q17 and fiscal 2017, mostly due to the increasing popularity of smartwatches.  Global wearable shipments reached 37.9 million units, marking a decent 7.7% increase from the same quarter last year. In 2017, total wearable device sales rose 10.3% […]

China Telecom, a company run by the Chinese government, announced on July 17 that it is now in charge of storing Chinese users’ iCloud data.

Chipmaker Qualcomm (QCOM) reported its fiscal 2Q18 financial results on Wednesday, April 25.

Apple’s (AAPL) revenue shrank 7.2% YoY (year-over-year) during the December quarter, and analysts estimate that its revenue fell 6.9% YoY to $57.39 billion during its fiscal 2019 second quarter.

The stock market has seen a huge correction over the last few sessions. On Monday, February 5, the broad S&P 500 Index (SPY) fell a whopping 4.1%.

Bloomberg has reported that Facebook (FB) is planning to design chips to power its servers, AI (artificial intelligence) software, and smart speakers, according to a recent job filing.

Earlier this year, Apple said it will be spending a whopping $1 billion on original content over the next couple of years.

Snap (SNAP) has had a blockbuster year, rising 104.5% as the company’s steps toward revival have wowed investors.

Amazon’s (AMZN) Amazon Web Service (or AWS) announced on Tuesday, January 16, 2018, that media giant Comcast (CMCSA) has made AWS its preferred public cloud provider.

Apple has announced a $300 million fund for investing in renewable energy projects in China over the next four years.

Snap’s social media platform, Snapchat, has seen its user growth curbed recently due to intense competition from Instagram.

In June, ride-hailing giant Uber Technologies completed 10 billion trips, including rides and deliveries through Uber Eats.

SouthEast Asian ride-hailing company Grab became the latest addition to SoftBank’s (SFTBY) Vision Fund.

The Charge 3 will be able to display pop-up notifications from apps like Facebook.

If you had to sum up investing in the US markets after the Great Recession in a few words, you would probably say something like “the quest for yield.”

Chipmaker Advanced Micro Devices (AMD) stock has fallen 9.1% YTD and 30% from its high in 2018.

Music streaming company Pandora (P) has launched a family version of its premium service for $14.99 per month.

Esports (ESPO) continue to gain in popularity.

Dividend stocks have underperformed this year so far. The dividend yield measures dividends payed by a company in the last 12 months relative to its share price.

Ten years ago, Apple (AAPL) launched its first iPhone, which had 8 GB of storage capacity. Apple stock has risen 27% year-to-date, and investors expect the iPhone 8 to be a hit and drive Apple’s revenues higher.

South Korean electronics giant Samsung (SSNLF) announced its fiscal 4Q17 (quarter ended December) numbers on Wednesday, January 31.

Cloud infrastructure stocks took a beating on November 19, 2018, as part of a broader market sell-off.

Chinese antitrust regulators recently blocked Qualcomm’s (QCOM) proposed takeover of Dutch company NXP Semiconductors.

Technology stocks rose a combined 2.3% in the week ended June 23, 2017, after three weeks of negative returns. The S&P 500 Index rose just 0.2% in the same period.

On Tuesday, July 11, 2017, Intel (INTC) launched a new generation of microprocessor chips from the Xeon Scalable family.

FLIR Systems (FLIR) has been the best performer in 2016 with returns of 11.4% so far. Macy’s (M) has returned 8.3% while Time Warner (TWX) has risen by 7.7%.

The grocery business already has stiff competition and offers very narrow margins, but now Amazon (AMZN) is throwing its hat into the ring.

On June 27, Microsoft (MSFT) made a deal with Box (BOX) to partner on cloud computing technology. Microsoft has a significant cloud partner in Box.

The European Commission fined Google (GOOGL) ~$2.7 billion, on Tuesday, June 27, for abusing its monopoly.

Blue Apron stock plunges yet again There has been no respite for meal-kit delivery company Blue Apron (APRN) since it went public last month. Its stock fell 12% on Monday after Amazon (AMZN) filed a trademark application for prepared food kits. Amazon has been the main driver of grocery stock since it announced that it will […]

A new survey by IHS Markit found that only 6% of smart speaker owners are currently using the device to control smart home devices.

Rising US-China trade tensions have caused all assets, and especially bond markets, to move considerably over the last few sessions.

Apple has finally started paying back tax benefits to the Irish government.

Google’s parent company, Alphabet (GOOGL)(GOOG), announced its 4Q17 financial results on Thursday, February 1.

Apple (AAPL) unveiled a new version of its iPad tablet at its education event in Chicago on Tuesday, March 27.

Chinese Internet giant Tencent (TCEHY) has seen its stock plunge recently due to the Chinese government’s crackdown on online gaming.

After a Fed-induced five-day winning streak for the tech-heavy Nasdaq Composite Index, the index fell for the second straight session on Wednesday, June 12, falling 0.38% to 7,792. AMD (AMD) and Snap (SNAP) have been two of the best-performing stocks during this period.

Hulu’s losses expanded in 2017 While streaming provider Hulu gained a lot of subscribers in 2017, it also lost almost $1 billion. However, Walt Disney (DIS) chief strategy officer Kevin Mayer is not too concerned about the streaming company’s losses, according to his interview with Recode. Mayer thinks it will eventually be a big and profitable […]

Netflix (NFLX) announced yesterday that it would be creating a Toronto production hub, which is expected to hire 1,850 Canadians per year.

Technology stocks (QQQ) rose 0.6% during the week ended July 7, 2017, compared to the 0.1% rise in the S&P 500 Index (SPY).

Facebook (FB) has announced that it will no longer use data from third-party data providers, which helped it sell targeted ads.

Netflix (NFLX) stock fell 6.5% on Monday, June 25, after signs that the US–China trade war could intensify. On June 26, NFLX surged 3.9%.

The video streaming sector is getting more competitive by the day.

Amazon’s Other segment, which mostly consists of ad revenues, grew 132.0% year-over-year to reach $2.0 billion in 1Q18.

Salesforce.com (CRM) posted its fiscal 1Q18 numbers on May 18. It announced revenue of $2.39 billion—higher than analysts’ estimate of $2.35 billion.

Netflix has been launching a wide range of content to cater to more people in order to reel in more subscribers.

Social media company Snap (SNAP) saw its stock soar 45.0% on February 7, 2018, after it posted surprisingly good results on February 6.

Social-media company Twitter (TWTR) said that it will start testing a new limit of 280 characters.

Media giant Time Warner (TWX) reported its fiscal 4Q17 on Thursday, February 1. The company beat earnings and revenue estimates.

American chipmaker Qualcomm’s (QCOM) proposed $44 billion acquisition of Dutch company NXP Semiconductors (NXPI) has hit a snag recently.

The European Union’s far-reaching GDPR (General Data Protection Regulation) came into effect on May 25.

Google-parent Alphabet (GOOGL) had a decent second quarter.

Amazon.com (AMZN) posted its fiscal 3Q17 numbers last week, handily beating its earnings and revenue estimates.

Social media company Snap (SNAP) reported its fiscal 4Q17 earnings on Tuesday, February 6. The company surprised the markets with a stellar performance.

South Korean electronics giant Samsung recently confirmed that it was delaying the release of its much-anticipated Galaxy Fold.

According to Canalys’s forecasts, only 2 million virtual reality headsets were sold worldwide in 2016, with Facebook’s Oculus selling only 400,000 units.

The US-China trade war escalated very quickly this month. This has caused global equities to plunge and safe havens like gold and treasuries to surge.

After a lull, Bitcoin (BTC) has finally taken off again. The cryptocurrency climbed to $8,297 on May 14.

Cryptocurrencies have had a 2017-like rally recently, which has seen Bitcoin (BTC) more than double in less than two months.

Cryptocurrencies continued their exceptional run on June 26. Bitcoin (BTC) rose 15% and reached $13,400—a 17-month high.

Hedge funds are built to outperform an index by a wide margin, and those that do so are generally able to charge a 2% management fee…

YouTube has grossed more than $200.0 million in the App Store since it started its in-app monetization in 2015.

According to a Morgan Stanley survey, 39% of respondents said Netflix had the “best original programming.”

Netflix will be accessible in more hotel rooms soon due to a new partnership with Dish’s (DISH) Evolve Hospitality offering.

Square’s (SQ) peer-to-peer payment app is beginning to look like a bank account.

Chinese tech giant Tencent (TCEHY) posted better-than-expected Q2 earnings. Its revenue growth accelerated in Q2 due to a rebound in its gaming segment.

Apple’s (AAPL) iPhone has seen its average selling price spike since it launched the iPhone X two years ago due to the higher costs of its OLED screens.

Despite the trade war and the inverted yield curve, the S&P 500 Index is down 1.8% this month. Its resiliency reflects the US consumer sector’s strength.

During the market’s recent volatile phase, tech stocks have lagged. Since July 26, the S&P 500 Index is down 3.8% and the Nasdaq Composite is down 4.2%.

Apple (AAPL) announced today that its Apple Card is available to US customers today. This month, AAPL tested the card with a limited group of consumers.

Today, President Trump tweeted that he wants the Fed to cut the federal funds rate by “at least 100 basis points.” The Fed rates by 25 basis points in July.

The US Dollar Index, which measures the strength of the dollar against a basket of other currencies, has risen 2.2% in the past month.

Chinese tech giant Tencent’s (TCEHY) recent Q2 earnings revealed YoY revenue growth of 20.6% to $12.9 billion. Tencent’s net profit surged 35% YoY.

The stock market has seen big moves both ways this week. The S&P 500 (SPY) has surged 1.3% today as bond yields have risen.

Global stock markets fell after the US yield curve inverted, an indicator of a future recession. Does it necessarily lead to a recession?

On Thursday, Apple shared an update on its promise. The company is on track to hit its promise of contributing $350 billion to the US economy by 2023.

The major bright spot in Apple’s (AAPL) recent earnings was the growth in its “Wearables, Home and Accessories” division—but don’t overlook Apple Watch.

Goldman Sachs (GS) is entering the consumer finance space as the bank behind the upcoming Apple Card. But is this a smart move for the investment bank?

Tencent reported its second-quarter earnings results today. It beat analysts’ earnings estimates, but its revenue growth was shy of estimates.