• Fri, Jan. 13, 6:12 PM
    • Maluuba is based in Waterloo, Ontario, had raised $11M prior to acquisition, and specializes in research and development of algorithms instructing machine literacy. Terms of the deal with Microsoft (NASDAQ:MSFT) are undisclosed.
    • The purchase underscores an increased focus on machine reading and writing at Microsoft, with greater clarity on integration and utilization of gained technology to materialize over coming months.
    • Blog posts [Microsoft, Maluuba]
    Fri, Jan. 13, 6:12 PM | 25 Comments
  • Wed, Jan. 11, 12:14 PM
    • Donald Trump says companies that move production outside of the U.S. will face a border tax.
    • Full quote: "There will be a major border tax on these companies that are leaving and getting away with murder and if our politicians had what it takes they would've done it years ago."
    • The wall is on (don't call it a fence), says the President-elect. The Mexican peso is still weak at 21.8009.
    • U.S. stocks are back in positive territory, led by a 0.42% gain for the Dow. In response to Trump's plan to repeal Obamacare and a warning on drug prices, Pfizer (NYSE:PFE) is down 2.24% and Merck (NYSE:MRK) is up 2.74%. Tech names IBM (IBM +0.9%) and Microsoft (MSFT +0.8%) are also higher.
    • Previously: Donald Trump meets the press (Jan. 11)
    • ETFs: SPY, QQQ, DIA, SH, SSO, VOO, SDS, IVV, SPXU, TQQQ, UPRO, PSQ, SPXL, RSP, SPXS, SQQQ, QID, DOG, QLD, DXD, UDOW, RWL, SDOW, VFINX, EPS, DDM, QQEW, QQQE, SPLX, SFLA.
    Wed, Jan. 11, 12:14 PM | 139 Comments
  • Tue, Jan. 10, 9:32 AM
    Tue, Jan. 10, 9:32 AM | 8 Comments
  • Fri, Jan. 6, 11:11 AM
    • With the myriad technologies present at CES 2017, Amazon's (NASDAQ:AMZN) Alexa is considered a notably ubiquitous presence among them all, as integrations with automobiles [Ford], appliances [Whirlpool, LG], smartphones [Huawei] and a range of other applications from various companies have been illuminated throughout the week.
    • As pushes by Apple [Siri] (NASDAQ:AAPL), Google [Google Assistant] (GOOGGOOGL), Microsoft [Cortana] (NASDAQ:MSFT), Samsung Electronics [Viv] (SSNLFSSNNF) and others are also made in the digital-assistant arena, Amazon, resemblant of its ahead-of-the-game cloud approach, indicates a likewise strong position across the field within this emerging segment as well.
    • #CES17
    Fri, Jan. 6, 11:11 AM | 63 Comments
  • Thu, Jan. 5, 3:54 PM
    • Noting a sell-off across coverage in Q4 2016, analyst Brent Bracelin suggests Microsoft (MSFT +0.1%), Adobe Systems (ADBE +1.7%), Salesforce (CRM +0.2%), Twilio (TWLO +2%), Veeva Systems (VEEV -0.6%), Ellie Mae (ELLI -3.5%) and HubSpot (HUBS +3.3%) represent high-quality cloud opportunities entering the new year.
    • Further cites public cloud spending at roughly $58B per year currently, expectation for growth in the category to grow to $205B by 2020, and projection for 20% yearly growth in SaaS alone to $129B by the same period.
    • Rates shares of each Overweight.
    Thu, Jan. 5, 3:54 PM | 6 Comments
  • Wed, Jan. 4, 6:23 AM
    • December monthly performance was: +3.37%
    • AUM of $7.8M
    • 52-week performance vs. the S&P 500 is: -9%
    • $0.45 in dividends were paid in December
    • Top 10 Holdings as of 11/30/2016: Apple Inc (AAPL): 4.63963%, Microsoft Corp (MSFT): 3.66302%, General Electric Co (GE): 2.20638%, Bank of America Corporation (BAC): 1.63435%, Wells Fargo & Co (WFC): 1.53812%, Exxon Mobil Corp (XOM): 1.42369%, Procter & Gamble Co (PG): 1.36211%, Intel Corp (INTC): 1.2842%, Citigroup Inc (C): 1.25185%, Pfizer Inc (PFE): 1.24018%
    Wed, Jan. 4, 6:23 AM
  • Wed, Jan. 4, 5:46 AM
    • December monthly performance was: +2.29%
    • AUM of $5.29M
    • 52-week performance vs. the S&P 500 is: -7%
    • $0.32 in dividends were paid in December
    • Top 10 Holdings as of 11/30/2016: Apple Inc (AAPL): 6.41774%, Microsoft Corp (MSFT): 5.02091%, Exxon Mobil Corp (XOM): 3.79949%, General Electric Co (GE): 2.95312%, Wells Fargo & Co (WFC): 2.57416%, AT&T Inc (T): 2.47394%, Bank of America Corporation (BAC): 2.31355%, Procter & Gamble Co (PG): 2.28382%, Verizon Communications Inc (VZ): 2.10788%, Amazon.com Inc (AMZN): 2.06714%
    Wed, Jan. 4, 5:46 AM
  • Dec. 29, 2016, 4:25 PM
    • Stock buybacks in the quarter totaled $112.2B led by the information technology sector at $26B (vs. $30.1B Q/Q), with other notables energy at $1.34B (vs. $1.39 Q/Q), industrials $13.3B (vs. $21.9B Q/Q) and consumer staples $8.4B (vs. $11.7B Q/Q).
    • Top 20 issues comprised 42.3% of all quarterly expenditures while overall cash reserves posted a record $1.49T.
    • Apple (NASDAQ:AAPL), chief repurchaser among components, expended $6B (vs. $10.2B Q/Q, $13.3B Y/Y), followed by Microsoft's (NASDAQ:MSFT) $4.4B (vs. $3.7B Q/Q), General Electric's (NYSE:GE) $3.7B (vs. $8B Q/Q), Allergan's (NYSE:AGN) $2.7B and Citigroup's (NYSE:C) $2.5B.
    • Press release [S&P Dow Jones Indices]
    Dec. 29, 2016, 4:25 PM | 45 Comments
  • Dec. 27, 2016, 12:00 PM
    • Top 10 overweight globally (in descending order) – Amazon (NASDAQ:AMZN), UnitedHealth Group (NYSE:UNH), Microsoft (NASDAQ:MSFT), Visa Class A (NYSE:V), Comcast Class A (NASDAQ:CMCSA), Medtronic (NYSE:MDT), Broadcom (NASDAQ:AVGO), Alphabet Class A (NASDAQ:GOOGL), Texas Instruments (NYSE:TXN), Amgen (NASDAQ:AMGN)
    • Top 10 underweight globally (in descending order) – Apple (NASDAQ:AAPL), Exxon Mobil (NYSE:XOM), AT&T (NYSE:T), General Electric (NYSE:GE), Berkshire Hathaway Class B (NYSE:BRK.B), Toyota (NYSE:TM), Johnson & Johnson (NYSE:JNJ), IBM (NYSE:IBM), Procter & Gamble (NYSE:PG), Commonwealth Bank of Australia (OTCPK:CBAUF)
    • Full report [Bloomberg]
    Dec. 27, 2016, 12:00 PM | 83 Comments
  • Dec. 22, 2016, 1:46 PM
    • Setting $80 target, Piper Jaffray analyst Alex Zukin spotlights Microsoft's accelerating cloud business along with Office 365 and LinkedIn as chief drivers of growth.
    • Morgan Stanley's Keith Weiss, raising target from $64 to $72, similarly highlights LinkedIn synergies and prospective upside to firm's models the recently-closed merger represents.
    • Microsoft (NASDAQ:MSFT), unmoved (+0.09%) on today's session at a $63.60 level, is furthermore one of Merrill Lynch's top picks heading into the coming year.
    Dec. 22, 2016, 1:46 PM | 10 Comments
  • Dec. 20, 2016, 6:21 PM
    Dec. 20, 2016, 6:21 PM | 40 Comments
  • Dec. 20, 2016, 10:29 AM
    • The Dow Jones Industrial Average came within 13 points of reaching 20K as investors shrug off yesterday's wave of geopolitical news.
    • The DJIA first closed over the 10K mark on March 29, 1999.
    • 25 out of the Dow 30 stocks are in positive territory on the day, with Goldman Sachs (NYSE:GS) and American Express (NYSE:AXP) the leaders in the group. A month-long recovery in Intel (NASDAQ:INTC) and Microsoft (NASDAQ:MSFT) is helping to take the Dow ever so close the 20K threshold. The Dow stocks with the largest YTD gains are Caterpillar (NYSE:CAT) and UnitedHealth (NYSE:UNH), both up +38%. Nike (NYSE:NKE) is the laggard of the group, but could cut into its YTD 19% loss with a solid read on futures orders later today when it reports FQ2 earnings.
    • Investors who like pyschological breaking points are also watching the currency markets. The euro fell to 1.0352 against the U.S. dollar as the slow trek to parity continues. Parity was last struck in 2002.
    • ETFs: SPY, QQQ, DIA, SH, SSO, VOO, SDS, IVV, SPXU, TQQQ, UPRO, PSQ, SPXL, RSP, SPXS, SQQQ, QID, DOG, QLD, DXD, UDOW, RWL, SDOW, VFINX, EPS, DDM, QQEW, QQQE, SPLX, SFLA, QQXT, SPUU, SPXE, LLSP, UDPIX, OTPIX, RYARX, SPXN, SPXT, SPXV.
    Dec. 20, 2016, 10:29 AM | 21 Comments
  • Dec. 15, 2016, 6:54 PM
    • Total videogame sales tumbled in November, led again by a slip in console hardware, though the industry saw declines in every area, and titles faced a tough comp from last November.
    • Sales overall dropped 24% Y/Y to $1.97B, according to NPD Group, and as part of that, videogame hardware sales dropped 35% to $723.8M. Accessories sales dropped 6% to $259.8M.
    • Meanwhile, videogame software dropped 18% to $955.2M and PC game software dropped 28% to $27.5M. New titles had to compare to a solid top three from a year ago (Call of Duty: Black Ops III, Fallout 4, and Star Wars: Battlefront). This year's top three were Call of Duty: Infinite Warfare (NASDAQ:ATVI), Battlefield 1 (NASDAQ:EA) and Pokémon: Sun (OTCPK:NTDOY).
    • "Battlefield 1 launched in October, and Pokémon: Sun launched at a lower MSRP than last November’s console games," NPD's Sam Naji notes. "As all titles outside of the top three grew a combined 12% vs. a year ago, it is the top three title grouping that drove the year-on-year decline."
    • Console declines were led by drops in PlayStation 4 (NYSE:SNE) and Xbox One (NASDAQ:MSFT). PlayStation 4 was again the top-selling hardware system. Nintendo scored by selling 196,000 units of its retro NES Classic Edition.
    • Individual games (ranked by dollar sales): Behind Call of Duty: Infinite Warfare (ATVI), Battlefield 1 (EA) and Pokémon: Sun (OTCPK:NTDOY), Pokémon: Moon settled into fourth and Titanfall 2 (EA) into fifth.
    • Rounding out the top 10: NBA 2K17 (NASDAQ:TTWO); Madden NFL 17 (EA); Watch Dogs 2 (OTCPK:UBSFY); Elder Scrolls V: Skyrim (Bethesda Softworks); FIFA 17 (EA).
    Dec. 15, 2016, 6:54 PM | 22 Comments
  • Dec. 15, 2016, 12:53 PM
    • Noting discussion took place on the following topics – job creation for U.S. workers, removal of barriers preventing U.S. companies from doing business in other countries, U.S.-China trade dynamic and market access, tax cuts and repatriation of U.S. profits held overseas, bettering of physical and digital infrastructure, intellectual property rights protection, cybersecurity improvements, updates to government software systems, technology in schools, a need for greater vocational education opportunities, bureaucracy reduction and increased accountability in the government procurement process.
    • Private sector players in attendance included Tim Cook (NASDAQ:AAPL), Jeff Bezos (NASDAQ:AMZN), Elon Musk (NASDAQ:TSLA), Satya Nadella (NASDAQ:MSFT), Larry Page and Eric Schmidt (GOOG, GOOGL), Sheryl Sandberg (NASDAQ:FB), Ginni Rometty (NYSE:IBM), Brian Krzanich (NASDAQ:INTC), Safra Catz (NASDAQ:ORCL), Chuck Robbins (NASDAQ:CSCO), Alex Karp (Private:PALAN) and others.
    • Suggestion for reconvening of similar meetings, prospectively on a quarterly basis, was furthermore offered.
    • Full readout
    Dec. 15, 2016, 12:53 PM | 665 Comments
  • Dec. 13, 2016, 3:27 PM
    • Apple (AAPL +2.2%), Amazon (AMZN +2.4%), Microsoft (MSFT +1.6%), Alphabet (GOOG, GOOGL) and Facebook (FB +2.5%) are continuing to elevate through December, at this point respectively higher by 9.4%8.2%8.8%8.8%/9% and 4.8% on a 1-month term (November 14).
    • Not the only movers in the space, high-profile companies ranging from IBM and Intel to Qualcomm, Oracle and others are also on strong momentum, with many names having fully recovered from a widespread sell-off briefly overcoming the sector earlier this month.
    Dec. 13, 2016, 3:27 PM | 66 Comments
  • Dec. 13, 2016, 11:15 AM
    • Microsoft's "digital agent" Cortana had originally become available on Windows phones, Windows 10 PCs, tablets, Windows Holographic and Xbox. The company now sees a progression into IoT devices with displays.
    • Cortana is anticipated to extend to a range of such devices in the spring of 2017, with Microsoft (MSFT +1.2%) likely joining Amazon, Google and others in competition to increase presence within home and other connected-device environments.
    Dec. 13, 2016, 11:15 AM | 4 Comments