Technology Select Sector SPDR® ETF

During the fourth quarter of 2014, Eminence Capital lowered its stake in eBay (EBAY). The company accounted for 2.55% of the fund’s 4Q14 portfolio.

Bioware, an operating division of Electronic Arts (EA), made Disney’s (DIS) Star Wars: The Old Republic, the fastest-growing subscription MMORPG in history.

Electronic Arts’ (EA) EA Studios encompasses studios and development teams that create games and related content, franchises, and services.

AT&T completed the $2.5 billion acquisition of Iusacell in January 2015. Iusacell is a wireless provider with 70% coverage in Mexico.

AT&T plans to focus more on business customers in 2015. The company’s Business Solutions segment caters primarily to enterprises, government, wholesale customers, and carriers.

Average revenue per user (or ARPU) is another important metric for Internet companies. It provides an idea of how well a company can monetize its user base.

Applied Materials’s management is hopeful that the Wafer Fab Equipment spending is expected to increase to 20% in fiscal 2014, with much higher spending in 2015.

Integrated device manufacturers and foundries use Applies Materials’s semiconductor manufacturing systems to build and package memory, logic, and chips.

Oracle’s expanded cloud platform includes new functionality for big data analytics, integration, process management, Java Platform Standard Edition, and Node.js for server-side JavaScript.

Even though the current conditions index reached a four-year high, survey respondents were less optimistic over future business conditions.

Software and hardware are integrally linked, which makes it confusing to distinguish one from the other.

WhatsApp competes with apps such as Line and WeChat in the mobile messaging industry, but it’s the global leader and is quite popular—especially in Europe, Latin America, and Asia.

On February 19, Facebook (FB) announced its purchase of the mobile messaging service WhatsApp for $19 billion in cash and stock.

Facebook held its initial public offering (IPO) on May 18, 2012. This was seen as one of the biggest IPOs in technology and Internet history.

Twitter stock as appreciated rapidly since its recent IPO, but is it worth the price? Has hype inflated market prices beyond intrinsic values?