
Sanmit Amin
Sanmit Amin joined Market Realist in 2014. He currently writes about technology stocks.
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Sanmit Amin
Company & Industry OverviewsWhy Tencent Could Continue to See Strong Growth
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.
Tech & Comm ServicesApple Is Trying to Reduce Its Dependence on Samsung
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.
ConsumerHow the Stock Market Is Being Supported by Consumption
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.
Company & Industry OverviewsWhy Tech Stocks Can Outperform despite a Recession
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%.
Tech & Comm ServicesApple Card Is Now Available to All US Users
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.
Macroeconomic AnalysisTrump Says Fed Should Cut Rates by 1%
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.
ConsumerThe Dollar Is Strengthening: How Will It Affect Markets?
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.
Company & Industry OverviewsWhy Tencent’s Gaming Business Could Surge in Q3
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.
Macroeconomic AnalysisWhere the Stock Market Could Be Headed Soon
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.
Tech & Comm ServicesApple Is on Track to Deliver Its $350 Billion Promise
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.
ConsumerIs the Yield Curve Inversion a False Alarm?
Global stock markets fell after the US yield curve inverted, an indicator of a future recession. Does it necessarily lead to a recession?
Company & Industry OverviewsApple Watch Sees Strong Growth in North America
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.
Company & Industry OverviewsWill Apple Card Be Bad News for Goldman Sachs?
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?
Earnings ReportTencent’s Outlook Has Changed after Its Q2 Results
Tencent reported its second-quarter earnings results today. It beat analysts’ earnings estimates, but its revenue growth was shy of estimates.
Macroeconomic AnalysisWhat Caused Yields to Plunge and What Does It Mean?
Tuesday’s stock market respite was short-lived. The S&P 500 Index fell 2.1% today after the yield curve inverted, an indicator of an impending recession.
Company & Industry OverviewsApple May Allow Spotify to Use Siri for Playback Control
Apple’s iPhone users haven’t been able to use Spotify via Siri. However, that may change as the companies are reportedly in talks to allow that capability.
ConsumerUS Delays Tariffs on Some Goods—Advantage: China
It appears that President Donald Trump delayed tariffs to give stock markets some respite and boost the consumer sector.
Earnings ReportTME Is Down as Its Growth Continues to Slow
Chinese music streaming giant Tencent Music Entertainment (TME) reported its second-quarter earnings results after the closing bell on August 12.
Company & Industry OverviewsMicrosoft Gets Ninja, Doubles Mixer Users
Microsoft showed stellar results in its fiscal fourth-quarter 2019 earnings. The software maker saw strong growth in most segments.
Macroeconomic AnalysisCan Treasury Yields Get Any Lower?
The ten-year Treasury yield hit a seven-year high of 3.2% back in October as US stocks were surging—but things have changed a lot since then.
ConsumerHow to Hedge Against the US-China Trade War
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.
Company & Industry OverviewsWhy iOS 13 Is More Crucial for Apple than Ever
On Thursday, Apple (AAPL) launched the fifth public beta version of its new operating systems. The beta includes iOS 13, iPad OS, and tvOS 13.
Company & Industry OverviewsApple’s India Sales Surge, Market Share Stays Low
India is the second-largest smartphone market in the world, and it’s one market Apple has found it tough to crack.
Company & Industry OverviewsWhat Made Microsoft a $1 Trillion Company in 2019?
Microsoft (MSFT) stock is up 37.6% YTD, with a market cap over $1.05 trillion. The tech giant has been the most valuable public company for most of 2019.
Company & Industry OverviewsApple’s HomePod Market Share Fails to Take Off
Apple’s smart speaker, the HomePod, has struggled to gain market share. Shipments haven’t improved despite the company cutting prices.
Tech & Comm ServicesWhy Dish Network Stock Surged Nearly 4% Today
Dish Network stock (DISH) surged nearly 4% on Thursday after chairman Charlie Ergen announced that he bought around half a million shares for $15.7 million.
Macroeconomic AnalysisWhere Are Bond Markets Headed?
Rising US-China trade tensions have caused all assets, and especially bond markets, to move considerably over the last few sessions.
Company & Industry OverviewsWhy Apple’s Margins Have Been Shrinking
Apple’s bottom line has taken a hit once more. The tech behemoth reported a net profit that remains extremely robust but it was down 12.8%.
Company & Industry OverviewsHow Microsoft Azure and Its Cloud Peers Fared in Q2
The second-ranked player in the cloud market, Microsoft Azure grew 64% YoY in the June quarter—a slowdown from 73% growth in the March quarter.
Company & Industry OverviewsTwilio Announces New Features and Keeps Growing Fast
Yesterday, Twilio SendGrid—an email marketing and API provider—unveiled the beta launch of Twilio SendGrid Ads. Will the launch boost the stock?
Company & Industry OverviewsHow Snapchat’s Debt Offering Will Affect Its Stock
Snapchat’s parent, Snap (SNAP), is seeking to raise funds through a new proposed private debt offering of $1 billion.
Macroeconomic AnalysisIs the Chinese Economy Crumbling? Trump’s Advisor Says So
President Trump’s economic advisor, Larry Kudlow, said in an interview with CNBC today that the Chinese economy is “crumbling.”
Company & Industry OverviewsApple Card Is Only Available to a Few People
The Apple Card is available. The first group of public test users is trying the card. The company unveiled the card five months ago.
Company & Industry OverviewsHow the Apple iPhone Could Get a Makeover Soon
Apple’s (AAPL) iPhone revenue has fallen in double digits for three consecutive quarters. AAPL stock has fallen over 14% since October 2018.
Tech & Comm ServicesTech Stocks Plunge 4.1% as the Trade War Escalates
In the last week or so, major indexes have plunged as the US-China trade war has quickly escalated, leaving investors rattled.
Company & Industry OverviewsFacebook Rebrands Instagram and WhatsApp
Facebook (FB) has made a few changes to Instagram and WhatsApp by adding its own brand name alongside the apps acquired in 2012 and 2014, respectively.
Earnings ReportPinterest Stock Surged 15% after Strong Revenue Growth
Pinterest reported its second-quarter results after the closing bell yesterday. It soared over 15% in after-hours trading after it beat expectations.
Macroeconomic AnalysisTech Stocks React to More Trump Tariffs
The US is slapping a new 10% tariff on Chinese goods worth $300 billion. Here’s how the additional Trump tariffs will affect tech stocks.
Earnings ReportTwilio Delivers More Blockbuster Earnings, Rises 3%
Cloud communications company Twilio (TWLO) announced its second-quarter earnings results on July 31 after the closing bell.
Company & Industry OverviewsWhy Apple’s iPhone Shipments Keep Tanking
Apple reported its Q3 earnings on Tuesday. Core iPhone division again saw a double-digit decline for the third quarter in a row.
Basic MaterialsStocks and Gold Plunged after the Fed Rate Cut
Today’s federal funds rate cut was the first in a decade. Find out how stocks and gold reacted to the Federal Reserve’s decision.
Earnings ReportSpotify’s Q2 Subscriber Growth Was Robust as Podcasts Impressed
Music-streaming service provider Spotify (SPOT) announced its second-quarter earnings results today before the opening bell.
Macroeconomic AnalysisUS Corporate Earnings Suggest US Economy Is in Decent Shape
Major US indexes are currently hovering near all-time highs. The most recent rally comes after better-than-expected US corporate earnings.
Earnings ReportFive Key Takeaways from Apple’s Q3 Earnings
Apple’s Q3 earnings came out today after the market’s closing bell. Here’s what drove the results as well as the main takeaways for investors.
Company & Industry OverviewsHuawei’s Smartphone Shipments Rose, Apple’s Fell
In the second quarter, Huawei’s smartphone shipments were strong even though Chinese smartphone shipments have been shrinking.
ConsumerBeyond Meat Earnings Miss Estimates, Outlook Raised
Beyond Meat’s earnings for the second quarter came out on Monday, July 29. The company reported mixed second-quarter results.
Earnings ReportApple Stock Rallies ahead of Q3 Earnings
Apple stock (AAPL) rose again on Monday, July 29, up 1.2% ahead of its earnings release on Tuesday. The stock is up 21.3% since June 3.
Company & Industry OverviewsWill Facebook’s Revenue per User Keep Surging?
After four straight quarters of deceleration, Facebook’s revenue accelerated during the second quarter. It made $16.9 billion in revenue in the quarter.
Company & Industry OverviewsSix Reasons Why Netflix’s Subscriber Growth Should Recover
Video streaming giant Netflix (NFLX) added only 2.7 million paid subscribers during the second quarter of 2019.
ConsumerAmazon’s Revenue Was Strong, Earnings and AWS Missed
Amazon’s revenue came in strong in its Q2 earnings after the bell on Thursday. But the stock fell over 2.4% in the extended session. Here’s why.
Earnings ReportFacebook’s Earnings Come in Strong despite FTC Fine
Social media giant Facebook’s earnings for the second quarter of 2019 came in after the closing bell on July 24. Here’s what you need to know.
Earnings ReportDoes Snap Stock Have More Wiggle Room?
Besides its impressive user growth in the second quarter, Snap (SNAP) continued to see growth in average revenue per user, a key metric.
Earnings ReportHere’s What’s Impressive about Snap’s Q2 Earnings
Snapchat parent Snap (SNAP) reported blockbuster second-quarter earnings results after the closing bell on July 23.
ConsumerWhat to Watch For in Amazon’s Q2 Earnings
e-Commerce giant Amazon (AMZN) is scheduled to report its second-quarter earnings results after the closing bell on July 25.
Earnings ReportNetflix Stock Tumbles on Big Subscriber Miss
On Wednesday, Netflix (NFLX) stock tumbled. The streaming giant announced its second-quarter financial results after the closing bell.
Cryptocurrency & BlockchainBitcoin Breached another Landmark, AMD Stock Rose
Cryptocurrencies continued their exceptional run on June 26. Bitcoin (BTC) rose 15% and reached $13,400—a 17-month high.
Company & Industry OverviewsAmazon Is the Most Valuable Brand in 2019
Amazon (AMZN) has passed Apple and Google to become the most valuable brand in 2019. Amazon had a brand value of $315.5 billion.
Company & Industry OverviewsNetflix: Big Challenges in Its Competition with Media Giants
Disney’s content, including Marvel movies, will be leaving Netflix later this year. Disney is launching its own streaming service in November.
Company & Industry OverviewsFacebook’s Latest Move to Get More Money from Instagram
Facebook has been running out of space on its news feed to post more ads. The issue has already been causing the company’s growth to slow down.
Company & Industry OverviewsBroadcom: European Commission Launches Antitrust Probe
The European Commission has opened a formal antitrust probe against semiconductor giant Broadcom (AVGO).
Tech & Comm ServicesWhat’s Happening with Baidu Stock?
Chinese Internet giant Baidu (BIDU) was one of the Nasdaq Composite Index’s biggest drivers on Tuesday, June 25. The stock fell over 3% after it fell by a whopping 34% in May. The company’s growth has struggled due to increasing competition from local rivals like Byte Dance.
Company & Industry OverviewsIs Netflix’s Domestic Churn Rate about to Increase?
Netflix’s (NFLX) stock saw a massive ~40% spike in its stock in the first couple of weeks this year, as it recovered from a poor run in late 2018. However, the stock has pretty much treaded water since. The stock has not moved much since January as investors have been wondering whether upcoming stiff competition from media conglomerates and Apple will chip away at Netflix’s domestic subscribers.
Company & Industry OverviewsAmazon Might Have Another Record Prime Day
e-Commerce giant Amazon (AMZN) has been gradually ramping up the benefits under its Prime membership, which costs $119 annually in the US. The company had a record 36-hour Prime Day last July. The tech giant is now preparing for a marathon 48-hour Prime Day this July.
MiscellaneousAdobe Contributed to the NASDAQ’s Third Straight Fall on Tuesday
Adobe’s (ADBE) stock rallied recently after reporting another stellar quarter. The stock reached its all-time high of $304.0 on June 17. However, the stock fell by over 4% on Tuesday as investors booked profit. The stock is up 30% year-to-date.
Company & Industry OverviewsApple Sold 11.5 Million Units of Its Series 4 Watch in 2018
The Apple Watch has been incredibly popular consumer device. The advanced health features in the Apple Watch Series 4 have given it an advantage over the other smartwatches out there.
Company & Industry OverviewsApple Is Exploring Bringing a Camera into Its Apple Watch
Apple (AAPL) has been granted yet another patent. This time, it’s related to the integration of a camera into its Apple Watch. Apple wants to enmesh a camera somewhere in the band of its Apple Watch instead of on its screen.
Company & Industry OverviewsAccording to Apple, Spotify Has Overstated the Apple Tax It Pays
Apple (AAPL) and Spotify (SPOT) have locked horns in an antitrust battle in Europe. Earlier this year, Spotify filed a complaint against the iPhone maker with the European Commission about what’s been dubbed the “Apple tax” and the restrictive rules regarding its iOS App Store.
Company & Industry OverviewsApple May Be Working on a Cheap Successor to the iPhone XR
Apple’s (AAPL) iPhone shipments seem to have shrunk dramatically in the last couple of quarters. The main factors behind the shrinking shipments are consumers’ balking at sky-high iPhone prices and customers’ hanging onto their phones for longer than they used to.
Company & Industry OverviewsSnapchat: The Most-Installed Social Media App in the US
It looks like Snapchat (SNAP) has got its mojo back. After three quarters of flat-to-negative user growth, the company added two million daily active users during the first quarter, and it may have added some in the second quarter as well.
Company & Industry OverviewsWhy Shopify Stock Has Skyrocketed
Canadian e-commerce company Shopify (SHOP) has seen stellar growth in the last couple of years.
Company & Industry OverviewsNetflix Ropes In Pose Director Janet Mock in a Massive Deal
Netflix (NFLX) has continued to recruit top talent and quality content producers.
Company & Industry OverviewsApple Says Tariffs Would Reduce Its Contribution to the Economy
In a letter to US trade representative Robert Lightizer yesterday, Apple (AAPL) wrote that tariffs on Apple’s goods would impact its contribution to the US economy.
Earnings ReportOracle Surprises but Still Trails Cloud Competitors
Business database management giant Oracle (ORCL) has been struggling to grow in recent years as customers opt to keep their data on the cloud instead.
MiscellaneousTech Stocks Surge after Fed Meeting, Slack Has a Stellar Debut
The tech-heavy NASDAQ Composite has continued to rebound. The index rose for a fourth consecutive session yesterday, rising 0.4% in three hours to breach the 8,000 mark.
Company & Industry OverviewsFacebook and Snapchat Saw the Most Installs in May
Despite its size, Facebook (FB) continues to add more users than any other social media app. According to the latest report by SensorTower, Facebook saw the highest number of global downloads in May across both the Google Play Store and the iOS App Store.
Company & Industry OverviewsTencent Is Still the Biggest Gaming Company—but Not by Much
Chinese tech giant Tencent (TCEHY) has seen its gaming revenue, a critical portion of its total revenue, slow dramatically in recent quarters due to the freezing of gaming licenses by Chinese authorities.
Company & Industry OverviewsNetflix Has Revealed the Viewership Count for Another Original
Netflix (NFLX) has just disclosed the viewership details of yet another piece of its original content. The video streaming giant’s Murder Mystery, which stars Adam Sandler and Jennifer Aniston, has broken records.
Company & Industry OverviewsWhy Facebook’s Libra Has Potential despite User Trust Issues
Facebook (FB) announced its cryptocurrency, Libra, on June 18. Unlike Bitcoin, Facebook’s Libra is a “stablecoin,” which means that it’s pegged to a basket of fiat currencies and securities. The social media giant is likely to launch Libra in the first half of 2020.
Company & Industry OverviewsApple Could Move Part of Its Supply Chain Out of China
The US-China trade war has already given a scare to Apple’s (AAPL) investors vis-à-vis the possibility of a 25% tariff on Apple goods being imported from its Chinese facilities. As a result, Apple might be considering shifting its plants out of China.
Company & Industry OverviewsSpotify Now Lets Advertisers Target Users Based on Podcasts
This month, Spotify (SPOT) has made a few moves on the podcast front.
Company & Industry OverviewsAmazon Just Added 15 More Planes to Amazon Air
Just days after FedEx announced it will no longer offer air cargo services to Amazon (AMZN), the e-commerce giant announced yesterday that it is expanding its own fleet of airplanes.
Company & Industry OverviewsiPhones to Get New Screens, but Shipments May Still Struggle
Apple’s (AAPL) iPhone shipments have been hit badly in the last two quarters due to various factors, from sky-high prices putting off consumers to longer upgrade cycles. Here’s what it’s doing to address the slowdown.
Company & Industry OverviewsApple’s Problems in China May Be Far from Over
One of Apple’s (AAPL) biggest problems has been its plunging sales in China.
Tech & Comm ServicesWhy Bitcoin Has Surged to $9,300
Bitcoin (BTC) is on another astronomical rally, rising 22% in just over a week to reach a 14-month high of $9,300.
Company & Industry OverviewsPandora Was the Second-Highest Grossing App in the US Last Month
Sirius XM’s (SIRI) Pandora had a good year. SensorTower reports Pandora was the second-highest-grossing non-game app in the US in May, trailing dating app Tinder.
Tech & Comm ServicesWhy Twitter Stock Plunged on June 13
Twitter (TWTR) stock fell 3% on June 13 after MoffettNathanson analyst Michael Nathanson reiterated his “sell” rating on the stock. The analyst lowered his price target from $28 to $25. Twitter is currently trading at $36.2 per share.
MiscellaneousTech Stocks Fell on June 14, and Semiconductors Were the Drag
Safe havens such as Treasuries and gold were back in favor on June 14 as stocks fell due to rising tensions in the Middle East, concerns over growth, and the looming threat of the US-China trade war. The tech-heavy Nasdaq Composite Index fell 0.67% in the first hour of trading.
Company & Industry OverviewsChewy IPO: Online Pet Business Raises $1 Billion
Chewy is growing at a fast clip despite stiff competition from the likes of General Mills and Amazon. Chewy generated $3.5 billion in revenue last year, growing a robust 68% YoY. Unfortunately, like most high-profile companies that have gone public this year, the company is deep in the red.
Company & Industry OverviewsSpotify Is Making Many Changes to Accommodate Podcasts
Spotify (SPOT) is serious about podcasts. Earlier this week, it launched a new playlist in the US dubbed “Your Weekly Drive,” which features a mix of music and news podcasts.
Company & Industry OverviewsAlibaba Has Filed Paperwork to List in Hong Kong
Chinese e-commerce giant Alibaba (BABA) has filed paperwork confidentially for its Hong Kong listing, according to a report by Bloomberg. The company’s listing in Hong Kong would be its second after it raised a record $25 billion through its New York listing in 2014.
Company & Industry OverviewsTime Spent on Social Media Fell Last Year
Time spent on social media platforms in the US fell 1.9% in 2018 to one hour and 14 minutes after a 10.7% jump in 2017.
Company & Industry OverviewsHow the Trade War Is Affecting Apple
Apple (AAPL) stock has been one of the hardest hit due to the re-ignition of the trade war between the US and China last month. The US doubled tariffs on $200 billion worth of Chinese goods it had previously levied a tariff on. A trade deal now looks unlikely.
Company & Industry OverviewsApple Is Interested in Buying Part of Intel’s Modem Business
Apple seemed to be lagging behind the likes of Samsung and Huawei in the race for 5G supremacy earlier this year, as its legal battle with Qualcomm, one of the leaders in the technology, may have caused Apple’s 5G plans to slow down. However, the surprising conclusion to that battle means that Apple may be back on track to deliver 5G compatible phones in 2020 or 2021.
Company & Industry OverviewsSpotify Wants to Make Playlists for Podcasts
Spotify (SPOT) said it will be spending $500 million on podcasts this year. The company disclosed earlier this year that it already spent 358 million euros, or roughly $400 million, on acquiring three podcast companies.
Company & Industry OverviewsWhy Uber Wants to Start Testing Food Delivery through Drones
Uber (UBER) posted a net loss of $1 billion in the first quarter of 2019 alone. One of the factors driving its cost is that a good chunk of its revenue goes to drivers. The company aims to eventually reduce this cost and head to profitability.
MiscellaneousTech Stocks Extended Losses on June 12
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.
MiscellaneousTwilio Has Reached Another All-Time High
Cloud communication company Twilio (TWLO) continues to surge. The stock made another all-time high on June 7 when it closed at $144.1.
Company & Industry OverviewsWhy FedEx Is Terminating Its US Express Contract with Amazon
FedEx is ending its contract with e-commerce giant Amazon to provide air shipping for express deliveries in the US, the carrier announced on June 7.
MiscellaneousWhy the Nasdaq Has Surged Nearly 6% in the Last Four Sessions
After the Nasdaq Composite Index slipped into correction territory in May, tech stocks made an abrupt reversal in June.
MiscellaneousSnap Stock Is Trading at a One-Year High
Snap’s (SNAP) rally continued yesterday, with the stock rising 6.8% to $13.80, a one-year high.