Twitter Is Struggling but Jack Dorsey’s Other Company Is Nearing an All-Time High

September 10, 2018

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Tech Trader Daily

Square's ascent has come thanks to a combination of an expansion into multiple financial services and a pivot into cryptocurrency.

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Apple’s China Distraction Before Wednesday’s Big Event

September 09, 2018

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Tech Trader Daily

President Trump has cast a formidable shadow in the days leading to Apple's big iPhone event on Wednesday. Over the weekend, he suggested in a tweet that Apple move its manufacturing plants to the U.S. to avoid tariffs in the simmering trade war between the U.S. and China.

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Saying ‘Sorry’ Isn’t Enough for Social-Media Stocks

September 06, 2018

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Tech Trader Daily

(Photo by Jim WATSON / AFP) (Photo credit should read JIM WATSON/AFP/Getty Images) JIM WATSON/AFP/Getty Images Facebook (ticker: FB) and Twitter (TWTR) executives struck a contrite tone before the Senate Intelligence Committee on Wednesday, which should serve them well in the long run, a Wall Street firm said in a note Thursday. But the short-term […]

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4 Takeaways From Facebook and Twitter’s Make-Nice Congressional Testimony

September 06, 2018

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Tech Trader Daily

There was an apparent thaw in the normally tense narrative pitting Silicon Valley vs. The Beltway that has played out on Capitol Hill a few times the past year.

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Sheryl Sandberg Says Facebook Is in an ‘Arms Race’ Against Fake News

September 05, 2018

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Tech Trader Daily

Sandberg and Twitter chief Jack Dorsey were facing waves of questions about what their companies are doing to avoid a repeat of 2016.

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Apple’s Big Day to Bring New iPhones, Market Share, Report Predicts

September 04, 2018

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Tech Trader Daily

As Apple preps for its biggest day of the year next week, at least one Wall Street firm has raised its price target on the company's stock in anticipation of the launch of three new iPhones.

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Western Digital, Seagate Slump on Gloomy Evercore Forecast

September 04, 2018

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Tech Trader Daily

Shares of Western Digital (WDC) and Seagate Technology (STX) are being battered Tuesday after a report from Evercore ISI warned of declining profit margins for both makers of hard drives and flash memory storage devices.

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