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This basket lists stocks that investors interested in tech should have in their portfolios — including FANG stocks and rising stars that just had IPOs.
Alibaba Group Holding Limited
PayPal Holdings, Inc.
Advanced Micro Devices, Inc.
Activision Blizzard, Inc.
Electronic Arts Inc.
Match Group, Inc.
The Trade Desk, Inc.
Zillow Group, Inc.
Facebook today is launching a new feature called "Quiet Mode" that will allow you to minimize distractions by muting the app's push notifications for a time frame you specify. The company announced the change as an update on its COVID Newsroom post, describing it as a way for users to set boundaries around how they spend their time on Facebook as they adjust to new routines and to working from home during the COVID-19 pandemic. According to Facebook, you can either turn on or off Quiet Mode as needed or you can schedule to it run automatically at designated times.
Record demand for online grocery shopping amid the COVID-19 pandemic has sent the apps for grocery pickup and delivery services up the charts. Walmart Grocery, as a result, has now hit an all-time high in downloads -- grabbing the No. 1 ranking position across all Shopping apps in the U.S. on April 5, 2020, and surpassing Amazon by 20%, according to a new analysis from app intelligence firm App Annie. The Walmart Grocery application retained that No. 1 position for at least two days, the firm said, citing data from both the Google Play store and the Apple App Store, combined.
Yelp co-founder and CEO Jeremy Stoppelman announced in an internal email that the company is going through difficult times. Yelp has to cut expenses, which means a large round of layoffs and some additional measures -- 1,000 employees have been laid off. According to an SEC filing, Yelp had 5,950 employees as of December 31, 2019.
A Nintendo Switch video game has been pulled off China's grey market e-commerce platforms, Reuters' checks show, after Hong Kong activist Joshua Wong used the game to protest against Beijing’s rule of the Chinese territory. The game, "Animal Crossing: New Horizons", is a colourful social simulator in which players can decorate their own island and invite others to visit. It became an instant hit after its launch last month and has been used by many players to interact and simulate real-life scenarios while they are stuck at home because of measures to curb the coronavirus outbreak.
The U.S. Justice Department and other federal agencies on Thursday called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp's authorization to provide international telecommunications services to and from the United States. China Telecom is the U.S. subsidiary of a People’s Republic of China (PRC) state-owned telecommunications company.
The 9th U.S. Circuit Court of Appeals in San Francisco said Facebook users could pursue several claims under federal and California privacy and wiretapping laws. A spokeswoman for Facebook said the proposed class action was without merit, and the Menlo Park, California-based company will continue defending itself. Facebook users had accused the company of quietly storing cookies on their browsers that tracked when they visited outside websites containing "like" buttons, and then selling personal profiles based on their browsing histories to advertisers.
Paypal (PYPL) closed at $105.84 in the latest trading session, marking a +0.74% move from the prior day.
Advanced Micro Devices (AMD) closed at $48.38 in the latest trading session, marking a -0.84% move from the prior day.
Apple (AAPL) closed at $267.99 in the latest trading session, marking a +0.72% move from the prior day.
Nvidia (NVDA) closed the most recent trading day at $262.86, moving -1.53% from the previous trading session.
Basant Gajjar used "cloaking", a technique that hides the true content of ads and presents something different on the surface for users on the platform, which prevented Facebook's review process from identifying improper ads, the company said. Advertisers were able to promote links for deceptive diet pills, cryptocurrency scams, and even misinformation about the coronavirus outbreak through the technique, Facebook added. Gajjar's unregistered business in California, LeadCloak, has been offering cloaking services since 2016, targeting firms including Alphabet Inc's <GOOGL.O> Google, Oath, Wordpress and Shopify Inc <SHOP.TO>, Facebook said.
The Dow, the S&P 500, and Nasdaq all jumped again through early afternoon trading Thursday, as part of a larger two week-plus market rally. So let's dive into three cloud-focused tech stocks that look like solid longer-term buys...
Electronic Arts Inc. (NASDAQ:EA) and FIFA announced today the EA SPORTS™ FIFA 20 Stay and Play Cup, as part of EA’s "Stay Home, Play Together." initiative, that brings together and encourages the sharing of creative content, livestreams and other ways to bring the gaming community together while staying safe by staying home.
Top Stock Reports for Facebook, JPMorgan & UnitedHealth
Excelso Sabulao delivers groceries for Amazon.com Inc <AMZN.O> in California so he can help provide his parents an income. Sabulao, 35, is one of countless Amazon contractors shuttling food and staples that consumers depend on to their doorsteps, with nearly all of the U.S. population under government stay-at-home orders. On Monday morning, Sabulao commuted about an hour to Dublin, a city in the San Francisco Bay Area, to pick up grocery orders from Amazon-owned Whole Foods.
France's competition regulator said Thursday that Google must start paying media groups for displaying their content, ordering it to begin negotiations after refusing for months to comply with Europe's new digital copyright law. The agency said it "requires Google, within three months, to conduct negotiations in good faith with publishers and news agencies on the remuneration for the re-use of their protected contents". "This injunction requires that the negotiations effectively result in a proposal for remuneration from Google" that must be applied retroactively to October 2019, when France became the first country to ratify the EU law.
Intel and Georgia Tech announced that they will lead a Guaranteeing Artificial Intelligence Robustness against Deception program for DARPA.
The Zacks Analyst Blog Highlights: Tesla, Zoetis, Target, Boston Scientific and Moody's
The Zacks Analyst Blog Highlights: AeroVironment, Cadence Design Systems, PTC, NVIDIA and TransEnterix
Zacks Investment Ideas feature highlights: Alibaba, Disney, TSMC, Adobe and Sea Limited
This week Google expanded its Duplex phone-calling technology to three new countries: the UK, Australia, and Canada. While Google Duplex, the company's AI-powered and Google Assistant-backed technology that can book reservations and make appointments over the phone, has only been available in the United States and New Zealand since last year, Venture Beat this week spotted a support page indicating that the tool is rolling out to the UK, Australia and Canada. Back in March, company CEO Sundar Pichai stated in a blog post that Google would be using Duplex "where possible to contact businesses to confirm their updated business hours, so [the company] can reflect them accurately when people are looking on Search and Maps."
Amazon is building its own Covid-19 testing capabilities so it can monitor the health of its employees, as it contends with ongoing criticism surrounding its handling of the coronavirus pandemic. The company on Thursday said it had begun assembling the equipment to build its first lab, and hoped to start testing on small numbers of its frontline workers, with a view to scaling it across the company. In recent days, it has started taking the temperature of its employees on their arrival at work, and spraying disinfectant on work stations.
Chip stocks Nvidia, AMD, ASML, Inphi and Monolithic Power are nearing buy points from bullish bases amid a coronavirus stock market rally.
Amazon presents investors with a highly rewarding opportunity, as it's priced at just 26x times trailing cash flows. Amazon is well-positioned to benefit from our work-from-home environment and has gained further mindshare with consumers as a reliable and efficient brand. The company's retail operations are going to benefit, whereas its AWS business is going to slow down near-term before springing back.