Whole Foods Market, Inc. (NASDAQ:WFM) and Encana Corporation (USA) (NYSE:ECA) had unusual options activity and there have sudden peaks and dips in the calls. Jon Najarian, FMHR trader was discussing about the unusual activity in Whole Foods Market, Inc. (NASDAQ:WFM) options calls on CNBC. He had a few options on the Whole foods and when it peaked up, he sold just 50% of it to keep the balance which didn’t prove to be profitable at all as the options quickly dipped down to where they were before. The options expire next Friday so he expects it to pick up into…
Author: Viki K.
The battle between Amazon.com, Inc. (NASDAQ:AMZN) and Hachette has been continuing for about 6 months now where the eCommerce giant wants to pay less for eBooks which has the attention of the whole publishing industry as the deal between these two would set the guidelines for the other publishers. Julia Boorstin of CNBC reported on this and she said that Amazon.com, Inc. (NASDAQ:AMZN) made a bold offer to get authors and public opinion on its site and it proposed that both Hachette and itself should give up 100% revenue to authors during the negotiation period. Amazon has also removed the…
Social and internet stocks such as Priceline Group Inc (NASDAQ:PCLN), Twitter Inc (NYSE:TWTR) and LinkedIn Corp (NYSE:LNKD) have been on the downside for a while now. However few investors see this is as an opportunity to buy these stocks. FMHR traders were discussing their picks from the list of these dipping internet stocks on CNBC and there were some popular names in the list. Stephen Weiss was bullish on Priceline Group Inc (NASDAQ:PCLN) and he said that the stock looks like a value name because the fundamentals of the stock are very stronger and it is only getting better. He…
Citigroup Inc (NYSE:C) had recently been into a huge problem when the US federal announced an inquiry in its mortgage securities. However it seems like both parties have now agreed to a settlement in this issue. Dominic Chu of CNBC reported on this and he said that the deal might be a multi-billion $ deal between the US and Citigroup Inc (NYSE:C) courtesy of Dow Jones. The deal would resolve the mortgage problems in the US. A Dow Jones report says that the settlement talks related to the sale of mortgage securities between the US and Citigroup Inc (NYSE:C) could…
Alcoa Inc (NYSE:AA) is the world’s third largest producer of Aluminum. Alcoa was a Dow Component for 54 years before it was dropped in September 2013 due to its poor performance in the share market. Alcoa recovered from this blow and within a year doubled their share values. Klaus Kleinfield, the CEO and Chairman of the company, was on CNBC and he discussed about the company strategies, investments and acquisitions which led to a strong Q2 earnings. Kleinfield feels that the company has a free cash flow and reduced its net debt, which allowed the investments in various stuffs. He…
Twitter Inc (NYSE:TWTR)’s stock price has been consistently increasing after the values dropped significantly back in May. On Tuesday, Twitter shares again faced a reversal of trend and declined by around 6%. All major social media companies also encountered a decline in their prices. Global X Social Media (NASDAQ:SOCL) which tracks performance of all companies in social media industry also fell by 4% on Tuesday. Julia Boorstin of CNBC discussed about the major social media stock sell-off. Boorstin said that we are witnessing a major social stock sell-off. She feels that this is reversal of social media stock trend from…
Apple Inc. (NASDAQ:AAPL) has launched a lot of game changing products, be it on the hardware side or the software side. The company always tries to stay ahead of the competition. Morgan Brennan of CNBC reported on a patent filed by Apple Inc. (NASDAQ:AAPL) about larger monitors that are completely made of glass. She was joined by John Simons, Associated Press Technology Editor and they discussed about the patent filed by the company. “Apple has filed a patent for mobile devices and large monitors made entirely of glass. So could this be a game changer for the tech giant?” Brennan…
Stocks such as King Digital Entertainment PLC (NYSE:KING) and Crumbs Bake Shop Inc (OTCMKTS:CRMB) are all one hit wonders and these stocks shoot up like anything backing a single blockbuster product. However on a longer run, it’s tough to survive on the market with just one single good product. However the craze around these stocks makes us feel as if these would stay the same forever. FMHR Trader Josh Brown was on CNBC’s “HalfTime Report” with few other analysts and traders and he compared the current craze in the one hit wonder stocks such with that of the poker stock…
Apple Inc. (NASDAQ:AAPL)’s iPhone 6 is about to be launched soon. Samsung meanwhile has just not been facing challenges in the high end market; it has also been facing fierce competition in the low end of the market too. Bob O’Donnell, Founder and Chief Analyst at Technalysis Research, was on CNBC recently and he explained how troubles are looming over Samsung if it doesn’t buck and try to innovate. According to O’Donnell, the high end of the smartphone market has been difficult for both Apple Inc. (NASDAQ:AAPL) and Samsung and for the Korean phone manufacturer, it might be become worse…
GoPro Inc (NASDAQ:GPRO) made a scintillating debut in share market in June 26, 2014 with IPO price of $24 per share. In less than four days of trading the share value doubled. The camera maker’s options became valid for trading on Monday. ‘Fast Money’ trader, Pete Najarian, talked on CNBC about the activity around the GoPro options trading on its first day and compares it against Twitter Inc (NYSE:TWTR) options trading back in November 2013. He feels that many people compared the GoPro Inc (NASDAQ:GPRO) stocks against the big names like Facbook Inc (NASDAQ:FB) and Twitter Inc (NYSE:TWTR) and anticipation of option…
Google Inc (NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) are currently in a battle of dominance to capture the Smart watch market. Josh Lipton of CNBC reported about the story on “Squawk Alley”. Lipton started the show talking about the Apple’s big move to hire LVHM’s vice president for Tag Heuer sales ahead of their highly expected iWatch release. Google Inc (NASDAQ:GOOGL) made the first move in this “war of wearables” by releasing two new smart watches through Google Play store. First of the two smart watches is the Samsung Gear Live which runs on Android Wear, is Google Inc (NASDAQ:GOOGL)’s new…
Amazon.com, Inc. (NASDAQ:AMZN) has started a creativity curriculum for kids, which had attracted a lot of customers. Angela Santomero, Television producer and Creator of shows like ‘Super Why’, ‘Blues Clues’ etc. talked on ‘Bloomberg West with Jon Erlichman. She talked about her latest creation for Amazon Prime, ‘Creative Galaxy’. Santomero said that one of the reasons of her doing the show for Amazon.com, Inc. (NASDAQ:AMZN) was the fact that she has been a loyal customer of the company, but also because of Tara Sorensen, the Head of Amazon Kids. She was impressed by Sorensen’s creative ideas and vision to come up with this creative curriculum…