Apple Inc. (NASDAQ:AAPL), eBay Inc (NASDAQ:EBAY) and Twitter Inc (NYSE:TWTR) are the top tech stocks on analysts radar currently. Apple Inc. (NASDAQ:AAPL) for the obvious reason of launching its new product line yesterday and eBay Inc (NASDAQ:EBAY) because of the very same reason. Most people on the Street are factoring in the pressure that PayPal and as a result eBay Inc (NASDAQ:EBAY) will feel after Apple Inc. (NASDAQ:AAPL)’s Apple Pay captures a fair share of the mobile payment market. Twitter Inc (NYSE:TWTR) has been in news ever since declaring its second quarter results, performing better than the expectations on the…
Author: Ritesh Anan
Ritesh Anan
Ritesh Anan is a full-time derivatives trader. Though he firmly believes in the power of Technical Analysis, he is also a lifelong student of macroeconomics. In his free time, he reads anything and everything that comes from Robert J. Shiller, George Soros and Nassim Nicholas Taleb.
eBay Inc (NASDAQ:EBAY) is facing some heat after the launch of Apple Pay, which many believe, can be a PayPal killer. Right after the announcement of Apple Pay, eBay Inc (NASDAQ:EBAY)’s stock took a dive and it continues to do so. There is also another major reason for eBay Inc (NASDAQ:EBAY)’s stock to trade lower today, which TheStreet.com mentioned in one of its posts. Piper Jaffray downgraded its rating on eBay Inc (NASDAQ:EBAY), from ‘Overweight’ to ‘Neutral’. According to the post, the reason for Piper Jaffray to downgrade eBay Inc (NASDAQ:EBAY)’s stock is the same that most people on the…
Netflix, Inc. (NASDAQ:NFLX)’s Post-Play feature is now available for Google Chromecast devices, the company announced this on its blog, yesterday . The company had announced this feature in June, but it is only now that it has been released. Post-play basically plays the next episode in a TV series automatically after a countdown and suggests similar titles at the end of a movie. Netflix, Inc. (NASDAQ:NFLX) released Post-Play feature for iOS devices much earlier than for Android devices, which got it in June, this year. The current feature allows iOS and Android devices, which are capable to send content to…
Yahoo! Inc. (NASDAQ:YHOO) is helping in keeping the internet a free space and an open platform for innovation, in its own way. The company recently came out with a blogpost on its Tumblr page, informing users the steps it is taking in keeping the Internet open. The reason for Yahoo! Inc. (NASDAQ:YHOO) to reiterate its commitment? You may ask. Well, the Federal Communications Commission (FCC) is currently considering rules on how to make sure that Internet remains an open platform for innovation. According to the post, Yahoo! Inc. (NASDAQ:YHOO) has urged the FCC to ban paid prioritization and to create…
Netflix, Inc. (NASDAQ:NFLX) is taking several initiatives in producing original content, the latest one being a documentary-series by the award winning filmmaker David Gelbs. After missing any major win at this year Grammy’s, Netflix, Inc. (NASDAQ:NFLX) hasn’t got dejected it seems, but has started focusing on different areas of original content production and documentary is one of them. The company announced the launch of the documentary-series at the Toronto International Film Festival Doc Conference, followed by a press release on its website, yesterday. The documentary series ‘ Chef’s Table’ will premiere in 2015 in all countries where the company operates,…
BlackBerry Ltd (NASDAQ:BBRY) it seems is not leaving any stone unturned for the launch of its upcoming smartphone, Passport. Amazon.com, Inc. (NASDAQ:AMZN)’s Appstore is one such feature that is going to be included in the Blackberry 10.3 OS update, which will come pre-installed in the Passport. A recent post on BlackBerry’s official blog highlighted the user experience of using apps downloaded from Amazon.com, Inc. (NASDAQ:AMZN)’s Appstore on Blackberry devices. It’s not just the Passport, but all Blackberry 10.3+ generation devices will come with pre-installed Amazon.com, Inc. (NASDAQ:AMZN)’s Appstore, enabling BlackBerry Ltd (NASDAQ:BBRY) users to just tap on the Amazon.com, Inc.…
Microsoft Corporation (NASDAQ:MSFT) is in talks with the makers of the hit game Minecraft to acquire the company. Scarlet Fu revealed this on Bloomberg, today. Minecraft is developed by Mojang, a Swedish privately held company. Though by standards of Xbox games that Microsoft Corporation (NASDAQ:MSFT) and other companies make, Minecraft doesn’t even come close, but many people attribute exactly that, its simplicity and crude graphics as a reason for its success. Microsoft Corporation (NASDAQ:MSFT) is planning to spend $2 billion in the acquisition. “It is game on for Microsoft; the software giant is in talks with the makers about the…
Nike Inc (NYSE:NKE) announced today that it has ended its contract with ex-Baltimore Ravens running back Ray Rice. Although it has been almost six months since Rice was arrested and indicted for third-degree aggravated assault for punching his wife, who was then his fiancée, it was only yesterday that Baltimore Ravens terminated their contract with Rice after an additional video of the incident surfaced. TMZ had released the first video of the incident, which made NFL change its policy on domestic violence. Nike Inc (NYSE:NKE) is actually one of the last endorsers who has dropped Rice, almost all other major…
Activision Blizzard, Inc. (NASDAQ:ATVI) has launched ‘Destiny’, what is being touted as the most expensive game in video game industry. Although the company has spent $180 million in development of the game, if the figures for promotion and royalties to gaming console manufacturers is included the total comes to around $500 million. The Street is divided in views regarding the game, while some feel that Activision Blizzard has spent too much on just one game others believe that the money that has gone in making this game will ensure that it becomes a grand success. Michael Pachter, managing director of…
Apple Inc. (NASDAQ:AAPL) has launched what was being said as the next game changing device from the company, the Apple Watch. In the live blog on its website the company described the features of the watch. In terms of design, the watch is square and has traditional looks. It comes with multiple interchangeable bands. The body of the watch is stainless steel and the display is sapphire coated. There are multiple sensors on the rear end of the Watch and according to Apple Inc. (NASDAQ:AAPL) it is accurate to +/- 50 milliseconds. The Apple Watch connects seamlessly with the iPhone…
Apple Inc. (NASDAQ:AAPL) has its mobile payment platform in its media even today and its former CEO John Sculley feels that it will be a game changing product. It’s not just Apple Inc. (NASDAQ:AAPL), but other tech giants also are working on their own mobile payment platform. To make mobile payments a success, consumers need to be convinced that it will be completely safe and secure to do transactions by using their mobiles. Apple Inc. (NASDAQ:AAPL) is facing criticism due to the iCloud leaks and it remains to be seen whether consumers will trust its platform to do transactions. Sculley was…
Apple Inc. (NASDAQ:AAPL) has unveiled the new iPhone 6 and iPhone 6 Plus, providing live updates and here is all you need to know about the two devices. In line with expectations the iPhone 6 has a 4.7-inch display and the iPhone 6 Plus has a 5.5-inch display. The display resolution of iPhone 6 and iPhone 6 Plus are 1334×750, 326ppi and 1920×1080, 401ppi respectively. That translates into more than 1 million pixels for the iPhone 6 and more than 2 million pixels for iPhone 6 Plus. Apple Inc. (NASDAQ:AAPL) is saying that these phones are the thinnest device it has…