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Stock Market & Financial Investment News

News For GOOG;AAPL;SSNLF From The Last 14 Days
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August 26, 2015
06:22 EDTGOOGGoogle Ventures makes investment in Swedish gaming studio, Tech.eu reports
Swedish gaming studio Resolution Games has raised a $6M round led by Google Ventures US, Tech.eu reports. This is the first time Google Ventures has invested in a European firm that isn't based in the U.K., the report says. Reference Link
06:22 EDTAAPLiPhone 6S to include Qualcomm radio frequency transceiver chip, MacRumors says
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06:11 EDTGOOGGoogle upgraded to Conviction Buy from Neutral at Goldman
Goldman analyst Heather Bellini upgraded Google (GOOGL) to Buy and added shares to the Conviction Buy List. Bellini said Google is in the early stages of a multi-year cycle to expand margins, which will drive earnings outperformance and multiple expansion. Says management is signaling increased focus on cost controls given recent earnings call commentary and the new Alphabet operating structure. Additionally, Goldman's marketing executive checks indicate accelerating monetization for mobile search and YouTube. The firm's analyst team raised Google's price target to $800 from $660 on shares.
August 25, 2015
19:02 EDTAAPLBuy Apple during the selloff, Barron's says
Apple's stock is trading approximately 20% lower and looks to be a deal for bargain hunters, Barron's contends in its 'Barron's Take' column. Reference Link
18:13 EDTGOOGYouTube to launch video game streaming site Wednesday, TechCrunch says
Google's (GOOG) YouTube plans to launch its "YouTube Gaming" streaming site on Wednesday, August 26, reports TechCrunch. The video game streaming site was developed after Google lost a bidding war with Amazon (AMZN) for the popular streaming site Twitch.tv, notes TechCrunch. Reference Link
17:50 EDTSSNLFFormer TSMC employee may have leaked secrets to Samsung, China Post says
The Taiwanese Supreme Court has barred a former TSMC (TSM) employee from working for Samsung (SSNLF) following claims that he leaked trade secrets to the Korean firm, reports the China Post. According to evaluations of computer chips from the two companies, differences in chip technology between Samsung and TSMC have quickly decreased in recent years, the report noted. Reference Link
16:43 EDTAAPLOn The Fly: Top stock stories for Tuesday
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16:06 EDTAAPLOptions Update; August 25, 2015
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14:20 EDTGOOGMagister sees Twitter as potentially attractive target, MarketWatch reports
M&A advisory firm Magister Advisors believe Twitter (TWTR) could be an attractive acquisition target for Facebook (FB), Google (GOOG) or a news organization, according to MarketWatch's Caitlin Huston. Reference Link
14:11 EDTGOOGAnalysts say Facebook looks solid amid virtual reality, social media trends
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13:13 EDTAAPL, GOOGGerman court rejects Apple 'slide to unlock' patent appeal, Reuters says
The German Federal Court of Appeals has ruled that Apple's (AAPL) patents covering its "slide to unlock" smartphone feature are invalid, reports Reuters. The patent dispute was originally filed by Motorola Mobility, previously owned by Google (GOOG) but now a unit of Lenovo (LNVGY), according to the report. Reference Link
12:20 EDTAAPLOn The Fly: Top stock stories at midday
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10:51 EDTAAPLStocks with call strike movement; FB AAPL
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10:31 EDTAAPLApple climbs after Wells Fargo upgrades on 'overdone' China fears
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09:59 EDTAAPLOn The Fly: Analyst Upgrade Summary
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09:35 EDTAAPLActive equity options trading on open
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09:13 EDTGOOGTrends still positive for Google, Amazon, Facebook ahead of holidays, says Baird
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09:13 EDTAAPLOn The Fly: Pre-market Movers
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08:43 EDTAAPLBest Buy to sell Apple Care in stores this quarter
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07:22 EDTAAPLWells Fargo says Apple correction overdone, upgrades to Outperform
Wells Fargo analyst Maynard Um said that his fundamental stance on Apple's challenges is unchanged, but that the stock's decline of roughly 22% since mid-July is an overdone correction, prompting him to upgrade the stock to Outperform from Market Perform. Um added that Tim Cook's email regarding iPhone activation growth in China having recently accelerated gives better visibility to the September quarter and that Apple's third party manufacturing and component commitments suggest upside potential to the company's revenue guidance. The firm has a $125-$135 price target range on Apple shares.
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