More From Sanmit Amin
Why IBM’s Earnings Could Fall Going Forward
International Business Machines (IBM) reported its 2Q17 results on Tuesday, July 18. The company reported falling quarterly profits and sales yet again.
How Roku Fared on Its Debut Day
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, […]
Why Twitter Stock Rose 7.3% on March 14
Social media giant Twitter (TWTR) saw its stock price surge 7.3% on March 14, 2018.
How Spotify and Apple Music Compare
Music streaming giant Spotify (SPOT) has seen its stock rise 25% since it debuted in April.
Why YouTube’s Revamp of Its Red Service Is a Positive Move
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.
Here’s Facebook’s Latest Step to Attract More Users
Facebook (FB) saw the worst year in its history last year.
Why Spotify Stock Surged 4.4% despite Widening Losses
Spotify (SPOT) reported a spectacular subscriber growth in the second quarter. It now has 83 million paid subscribers.
Why Twitter Closed Its TV Apps
Twitter (TWTR) announced it will be closing its TV apps on streaming devices Roku (ROKU), Xbox, and Android TV as of May 24.
Apple Regains Its Crown, but Can It Keep It?
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 Just Crossed Another Milestone
Amazon (AMZN) stock closed at its highest point ever on July 11, at $1,755.
Spotify Had a Stellar Second Quarter with One Exception
Spotify (SPOT) generated 1.27 billion euros (or $1.49 billion) in revenue for the second quarter, up 26% from Q2 2017.
Apple Ranks 4th in China while China’s Smartphone Shipments Fall
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.
Why User Revolt over Snapchat’s Redesign May Not Be a Negative
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.
What Trump’s Proposed Tax Bill Means for Apple
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 […]
Why Facebook’s Growth Faces Short-Term Headwinds
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.
Why Snap Laid Off Another 100 Employees
Snapchat’s parent company Snap (SNAP) has been laying off employees recently to curb rising expenses.
Snap Hopes to Make Amends for Its Redesign
Snap (SNAP) announced disappointing earnings for the first fiscal quarter earlier this month and said that Snapchat’s redesign was the culprit.
Is the Tech Rally Over?
The amazing bull run in tech stocks may be showing signs of slowing down.
Broadcom: European Commission Launches Antitrust Probe
The European Commission has opened a formal antitrust probe against semiconductor giant Broadcom (AVGO).
US Households with Only Streaming Service Have Tripled since 2013
The number of American households using only OTT (over-the-top) streaming services has nearly tripled since 2013.
Why Qualcomm Is Doing Well despite Apple’s Lawsuit
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).
How Apple Watches Claimed First Place in the Wearables Market
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 Will Now Handle iCloud Data of Chinese Users
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.
Why Qualcomm Stock Has Fallen Recently
Chipmaker Qualcomm (QCOM) reported its fiscal 2Q18 financial results on Wednesday, April 25.
Earnings Season Could Bring Stocks Back to Reality
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.
Why FANG Stocks Are Still Positive Year-to-Date Despite Hurdles
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%.
Facebook May Soon Make Chips for Its Hardware Products
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.
How Serious Is Apple about Original Content?
Earlier this year, Apple said it will be spending a whopping $1 billion on original content over the next couple of years.
How SNAP Has Stayed Resilient This Month
Snap (SNAP) has had a blockbuster year, rising 104.5% as the company’s steps toward revival have wowed investors.
Here’s How Comcast Plans to Fight Cord-Cutting
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.
Why Apple Announced the $300 Million Clean Energy Fund in China
Apple has announced a $300 million fund for investing in renewable energy projects in China over the next four years.
Here’s Snapchat’s Latest Move in Its Efforts to Retain Users
Snap’s social media platform, Snapchat, has seen its user growth curbed recently due to intense competition from Instagram.
Here’s the Latest Milestone for Uber
In June, ride-hailing giant Uber Technologies completed 10 billion trips, including rides and deliveries through Uber Eats.
Here’s the SoftBank Vision Fund’s Latest Acquisition
SouthEast Asian ride-hailing company Grab became the latest addition to SoftBank’s (SFTBY) Vision Fund.
Here’s Fitbit’s Latest Foray into Smartwatches
The Charge 3 will be able to display pop-up notifications from apps like Facebook.
The Quest for Yield: Chasing Dividend Stocks
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.”
Is Advanced Micro Devices Stock Undervalued?
Chipmaker Advanced Micro Devices (AMD) stock has fallen 9.1% YTD and 30% from its high in 2018.
Pandora Is Striving to Compete with Apple Music and Spotify
Music streaming company Pandora (P) has launched a family version of its premium service for $14.99 per month.
Fortnite World Cup Has $100 Million Prize Pool
Esports (ESPO) continue to gain in popularity.
Why Dividend Stocks Have Underperformed This Year
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.
The iPhone’s 10th Anniversary: Can Apple Revive Its iPhone Sales?
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.
How Samsung Continues to Post Record Operating Profits
South Korean electronics giant Samsung (SSNLF) announced its fiscal 4Q17 (quarter ended December) numbers on Wednesday, January 31.
Some Cloud Stocks Have Surged Even Though Markets Have Declined
Cloud infrastructure stocks took a beating on November 19, 2018, as part of a broader market sell-off.
How the ZTE Ban Has Affected US Stocks
Chinese antitrust regulators recently blocked Qualcomm’s (QCOM) proposed takeover of Dutch company NXP Semiconductors.
Key Tech Sector Updates for the Week Ended June 23, 2017
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.
Why Intel Launched New Xeon Chips
On Tuesday, July 11, 2017, Intel (INTC) launched a new generation of microprocessor chips from the Xeon Scalable family.
Which Stocks Have Performed the Best in 2016?
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%.
How Amazon’s Deal with Whole Foods Could Impact Retailers
The grocery business already has stiff competition and offers very narrow margins, but now Amazon (AMZN) is throwing its hat into the ring.
Is Microsoft’s Deal with Box a Win-Win?
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.
Google Faces Pressure in the EU and United States
The European Commission fined Google (GOOGL) ~$2.7 billion, on Tuesday, June 27, for abusing its monopoly.
How Amazon Has Affected Blue Apron Stock
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 […]
Only 6% of Smart Speaker Users Control Smart Home Devices
A new survey by IHS Markit found that only 6% of smart speaker owners are currently using the device to control smart home devices.
Where 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.
Apple Just Paid First Batch of $15 Billion in Back Taxes
Apple has finally started paying back tax benefits to the Irish government.
Why Alphabet Stock Fell 5%
Google’s parent company, Alphabet (GOOGL)(GOOG), announced its 4Q17 financial results on Thursday, February 1.
Could Apple’s Shipments to Schools Improve Sagging iPad Sales?
Apple (AAPL) unveiled a new version of its iPad tablet at its education event in Chicago on Tuesday, March 27.
Why Tencent Stock Has Fallen Lately
Chinese Internet giant Tencent (TCEHY) has seen its stock plunge recently due to the Chinese government’s crackdown on online gaming.
Tech 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.
How Hulu Could Be an Integral Part of Disney’s Streaming Business
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’s Latest International Foray
Netflix (NFLX) announced yesterday that it would be creating a Toronto production hub, which is expected to hire 1,850 Canadians per year.
Key Updates from the Tech Sector Last Week
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).
Why Facebook is Cutting Data Aggregators from Targeted Ads
Facebook (FB) has announced that it will no longer use data from third-party data providers, which helped it sell targeted ads.
What Netflix’s 3.9% Bounceback on June 26 Suggests
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%.
Here’s What We Know about Disney+
The video streaming sector is getting more competitive by the day.
Why Amazon’s AWS and Digital Ad Businesses Are Gaining Importance
Amazon’s Other segment, which mostly consists of ad revenues, grew 132.0% year-over-year to reach $2.0 billion in 1Q18.
Salesforce Beats Estimates: Can Its Good Run Continue?
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.
How Netflix Plans to Reel in More Subscribers
Netflix has been launching a wide range of content to cater to more people in order to reel in more subscribers.
Why Snap’s Stock Price Soared 45%
Social media company Snap (SNAP) saw its stock soar 45.0% on February 7, 2018, after it posted surprisingly good results on February 6.
Why Twitter Wants to Increase Its Character Limit
Social-media company Twitter (TWTR) said that it will start testing a new limit of 280 characters.
Time Warner’s Fiscal 4Q17 Performance
Media giant Time Warner (TWX) reported its fiscal 4Q17 on Thursday, February 1. The company beat earnings and revenue estimates.
Why China May Be Holding up Qualcomm’s Acquisition of NXP
American chipmaker Qualcomm’s (QCOM) proposed $44 billion acquisition of Dutch company NXP Semiconductors (NXPI) has hit a snag recently.
These Tech Giants May Have to Pay Huge Fines in Europe
The European Union’s far-reaching GDPR (General Data Protection Regulation) came into effect on May 25.
Why Morgan Stanley Likes Alphabet
Google-parent Alphabet (GOOGL) had a decent second quarter.
How Amazon Keeps Growing
Amazon.com (AMZN) posted its fiscal 3Q17 numbers last week, handily beating its earnings and revenue estimates.
Why Snap Stock Surged
Social media company Snap (SNAP) reported its fiscal 4Q17 earnings on Tuesday, February 6. The company surprised the markets with a stellar performance.
Samsung Is Delaying the Launch of Its Foldable Phone
South Korean electronics giant Samsung recently confirmed that it was delaying the release of its much-anticipated Galaxy Fold.
A Look at Facebook’s Virtual Reality Ambitions
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.
How 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.
Bitcoin Has Nearly Doubled in Only Six Weeks
After a lull, Bitcoin (BTC) has finally taken off again. The cryptocurrency climbed to $8,297 on May 14.
Can the Bitcoin Rally Keep Going?
Cryptocurrencies have had a 2017-like rally recently, which has seen Bitcoin (BTC) more than double in less than two months.
Bitcoin 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.
Comparing Hedge Fund Fee Structures and ETF Fee Structures
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…
How YouTube Became the Top-Grossing App in the App Store
YouTube has grossed more than $200.0 million in the App Store since it started its in-app monetization in 2015.
Netflix Has the Bridge over the Moat Compared to Its Competitors
According to a Morgan Stanley survey, 39% of respondents said Netflix had the “best original programming.”
Here’s How Netflix Will Be Available in More Hotel Rooms
Netflix will be accessible in more hotel rooms soon due to a new partnership with Dish’s (DISH) Evolve Hospitality offering.
Square’s Considering Bank-Like Options on Its Cash App
Square’s (SQ) peer-to-peer payment app is beginning to look like a bank account.
Why 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.
Apple 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.
How 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.
Why 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%.
Apple 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.
Trump 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.
The 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.
Why 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.
Where 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.
Is 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?
Apple 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.
Apple 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.
Will 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?
Tencent’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.