Tech Stocks

SINA Corp. SINA Stock News

SINA Corp (NASDAQ: SINA) is off to an overwhelmingly strong start to the day in the pre-market hours this morning, and for good reason. The company reported earnings for the first quarter, blowing away both top and bottom line expectations. Of course, this led to excitement among investors, causing gains in the stock and prompting our partners at Trade Ideas to alert us to the movement. At the moment (8:54), SINA is trading at $90.71 per share after a gain of $6.67 per share or 7.94% thus far today.





SINA Gains On Earnings

As mentioned above, SINA Corp is having an overwhelmingly strong day in the market today, and for good reason. The company reported earnings, blowing away expectations in all respects. Here’s what we saw from the report…




  • Earnings Per Share – In terms of earnings per share, SINA did overwhelmingly well. While analysts expected that the company would generate earnings in the amount of $0.14 per share, they actually reported earnings in the amount of $0.50 per share; blowing away expectations.
  • Top-line Revenue – The company didn’t disappoint when it came to revenue either. During the first quarter, it was expected that SINA would generate revenue in the amount of $265.07 million. However, the company actually reported revenue in the amount of $278.1 million. Once again, the figure blew away expectations.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on SINA. In particular, we’re interested in following the company through continued growth. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









0 1004
Advanced Micro Devices, Inc. AMD Stock News

Advanced Micro Devices, Inc. (NASDAQ: AMD) is having yet another strong day in the market today as Ryzen continues to excite investors. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:41), AMD is trading at $11.43 per share after a gain of $0.17 per share (1.51%) thus far today.





AMD Continues Upward On Ryzen

As mentioned above, Ryzen has been sending Advanced Micro Devices upward for some time, and those gains are continuing today. Much of the movement has to do with a rumor surrounding the Ryzen 9 series HEDT processors.




The rumor is that AMD will be releasing no less than 9 Ryzen 9 series processors. Two of these processors are expected to have 16 cores, two of them are expected to have 14 cores, three of them are expected to have 12 cores, and two of them are expected to have 10 cores. All of the processors are SMT (hyper-threaded).

This comes at the same time that Intel is working to bring their competitor to Ryzen to the market. However, it has been pointed out that AMD has the ability to produce the same or better quality as Intel for a lower price, bringing that low price to the end consumer and giving the company a competitive advantage.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AMD. In particular, we’re interested in continuing to follow the Ryzen story and excited to see the performance of the new product line. We’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









NVIDIA Corporation NVDA Stock News

NVIDIA Corporation (NASDAQ: NVDA) is off to a pretty strong start in the trading session today, and for good reason. Analyst coverage on this stock is causing excitement among investors who are pushing it upward. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:18), NVDA is trading at $132.62 per share after a gain of $4.73 per share (3.70%) thus far today.





Analysts Have A Lot To Say About NVDA

As mentioned above, NVIDIA Corporation is off to a relatively strong day in the market today after several analysts have recently weighed in on the stock with positive opinions. Here’s what we’ve seen from analysts as of late:




  • Loop Capital – First and foremost, news broke that Loop Capital has made the decision to raise their price target on NVDA. The firm increased the target from $129 per share to $137 per share.
  • Canaccord – Canaccord recently raised their price target as well, highlighting growth in key markets including gaming, data center, auto, AI, deep learning, and GPU computing. As a result, the price target at Canaccord has increased to $155.
  • Goldman Sachs – Finally, Goldman Sachs Analyst Toshiya Hari raised the price target on the stock as well. In this case, the price target has been raised from $130 per share to $165 per share after Hari reviewed the company’s discussion of its products and markets at its annual analyst day meeting last week.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping an incredibly close eye on NVDA. In particular, we’re interested in tracking the growth to see if these overwhelmingly bullish analyst opinions are warranted. We’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Snap Inc SNAP Stock News

Snap Inc (NYSE: SNAP)

Shares of SNAP wasn’t in the chatting mood on Thursday, as it saw its shares tumble by over 21% during the regular session. The after-hours trading session provided a reprieve by taking back about eleven cents of the $4.93 shellacking on the day.





Some Snap, Some Chat, And Some Tweet

With the assumption that people do still like to communicate, companies are not weary of bringing to market a flavor of the month that intends to capitalize on the notion that people still are a sociable animal. Despite the mixed messages I get from my teenage children on the matter, let’s assume that people do have an intense passion for finding more innovative ways to communicate via smartphone, computer or fablet.

Assuming that the statement is true than SNAP needs to come up with a more valid reason for losing $2.2 billion dollars during its first quarter as a publicly traded company. The loss flattens the total revenue number by fourfold and may find itself as the leader in the pack by losing more money in the space at a faster clip than any of its competitors.




Is It Fake News?

Oh, has Fake News reared its ugly head again, this time masking the over $2 billion in stock-based compensation recorded as a loss due to the company’s IPO? Perhaps, but the cover is only as good as the rest of the numbers dictate, and if an Elon Musk type smokescreen can be applied in SNAP’s defense, then more power to them.

Despite the accounting gimmicks and legal maneuvering, SNAP still lost a considerable amount of money. At current prices, don’t get fooled into thinking that the share price offers a buying opportunity just yet, either. SNAP has provided no guidance for future operations, leaving a void in expectation. And if there is one thing that investors hate, it’s uncertainty.

So, for those of you that are waiting for a pullback before buying shares, take your time. Pay less attention to the bankers that brought the company public, who would likely sell their first born King Charles Spaniel instead of put out a negative report on SNAP. Trusting them would be about as nifty as trying to beat that gout-laden leader of North Korea in a game of one-on-one basketball. Chances are you can win, but in the end, well you may be the guiding point on the tip of the next failed missile.

No, for SNAP, investors should take a wait and see approach. That is, wait and see if they ever make a penny. Until then, shop elsewhere…but do it quickly because the retail stores may be closing their doors quicker than SNAP.

Oh, Soulstring, say it ain’t so.

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









0 2385
Nutanix Inc NTNX Stock News

Nutanix Inc (NASDAQ: NTNX) is off to an overwhelmingly strong start to the day today, and for good reason. We’re starting to see quite a bit of takeover chatter surrounding the company. As you would imagine, this is leading to excitement surrounding the stock and causing gains. As is normally the case, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:22), NTNX is trading at $16.99 per share after a gain of $0.72 per share (4.43%) thus far today.





NTNX Gains On Takeover Chatter

As mentioned above, Nutanix is having a strong day in the market today as takeover rumors start to break. The rumors ultimately stem from a suggestion. Recently, an article was published suggesting that the company would be a great takeover target for Cisco Systems (CSCO).




On that note, I have to agree. The reality is that Cisco Systems’ CEO Chuck Robbins has been on what many are calling a corporate shopping spree, and there’s no doubt that this shopping spree isn’t likely to end any time soon. In an attempt to grab the lion’s share in the Internet of Things industry, the company has been buying up various tech firms, and the truth is that NTNX is likely a great target.

Nonetheless, the rumors are not based in truth. At the end of the day, there’s no evidence that the two companies are in talks about a potential takeover. With that said, while NTNX would be a great topic, I wouldn’t get my hopes up that a takeover is actually going to happen any time soon.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on NTNX. In particular, we’re interested in following the potential of CSCO taking the company over. While this is not something that’s likely in the works at the moment, it could happen down the line. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









0 1808
Advanced Micro Devices, Inc. AMD Stock News

Advanced Micro Devices, Inc. (NASDAQ: AMD) is having an incredibly strong day in the market today, and for good reason. There’s a rumor that a new product will be made available relatively soon. Of course, this is leading to excitement among investors, sending the stock upward. As is normally the case, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:07), AMD is trading at $10.60 per share after a gain of $0.42 per share (4.13%) thus far today.





AMD Gains On Rumored Product Launch

For Advanced Micro Devices, the conversation surrounding the stock has been focused on Radeon RX Vega, the company’s new custom cards that many believe will send sales skyrocketing. At the moment, rumors are breaking that the company may be releasing Radeon RX Vega graphics cards at Computex.

Up to now, there has been little leaked about this new product coming down the line. We’ve heard a rumor that the company will have less than 16,000 units available in the months following the launch. However, today, the rumors are rolling that Computex will host the launch at Computex 2017, which takes place on May 30th.




The rumors surfaced as VideoCardz started reporting that PowerColor has been sending out invitations to the media for meetings during Computex. In the invitations, a quote about showing off “new technologies and other latest products” is being interpreted by many as a lead that Radeon RX Vega will be released.

Nonetheless, rumors happen in the market all the time. While there is a good chance that Computex will be where we learn more about Radeon RX Vega by AMD, it’s important to remember that most market rumors prove to be invalid. So, if you’re going to trade on this news, make sure to trade with caution.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on AMD. In particular, we’re interested in learning more about Radeon RX Vega and hopeful that Computex will be where we hear about the launch. We’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









NVIDIA Corporation NVDA Stock News

NVIDIA Corporation (NASDAQ: NVDA) is off to an overwhelmingly strong start in the trading session this morning, and for good reason. The company reported earnings for the first quarter, blowing away expectations on both the top and bottom line. Of course, this led to excitement among investors, leading to gains in the value of the stock and prompting our partners at Trade Ideas to alert us to the gains. At the moment (9:51), NVDA is trading at $117.56 per share after a gain of $14.62 per share or 14.20% thus far today.





NVDA Reports Strong Earnings

As mentioned above, NVIDIA Corporation reported its earnings for the first quarter, blowing away expectations. During the quarter, analysts expected that the company would produce earnings in the amount of $0.66 per share on revenue in the amount of $1.91 billion. However, the company beat expectations on both sides of the fence, producing earnings of $0.79 per share on revenue of $1.94 billion in the quarter. Not only did these figures beat expectations, revenue proved growth in the amount of 48.4% year over year! In a statement, Jensen Huang, CEO at NVDA, had the following to offer…




Our Datacenter GPU computing business nearly tripled from last year, as more of the world’s computer scientists engage deep learning. One industry after another is awakening to the power of GPU deep learning and AI, the most important technology force of our time…”

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on NVDA. In particular, we’ll be following the company’s continued growth as AI continues to drive sales. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Plug Power Inc PLUG Stock News

Plug Power Inc (NASDAQ: PLUG) is having an overwhelmingly rough start to the trading session today, and for good reason. The company released its earnings for the first quarter, missing expectations on both the top and bottom line figures. As a result, fear hit investors, causing the stock to go for an early morning dive. Of course, our partners at Trade Ideas were the first to alert us to the declines. At the moment (9:31), PLUG is trading at $2.00 per share after a decline of $0.26 per share or 11.68% thus far today.





PLUG Misses Expectations In Q1

As mentioned above, Plug Power released its earnings report for the first quarter, missing expectations on both the top and bottom line. Here’s what we saw from the report…




  • Earnings Per Share – In terms of earnings per share, PLUG reported a loss of $0.13 per share. That missed analyst expectations by $0.06 per share.
  • Revenue – Revenue was no silver lining either. In fact, the company reported revenue at $15.24 million for the quarter, missing analyst expectations by $9.66 million and showing a decline of 0.6% year over year.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on PLUG. In particular, we’re interested in seeing what the company does to pick itself back up from this horrible report. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Imperva Inc IMPV Stock News

Imperva Inc (NASDAQ: IMPV) is having a strong time in the market at the moment, and for good reason. Minutes ago, rumors broke that the company will soon be taken over. As is usually the case, the takeover rumor is leading to excitement among investors, sending the stock upward. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (9:45), IMPV is trading at $47.30 per share after a gain of $0.05 per share (0.11%) thus far today.





IMPV Gains On Takeover Rumors

As mentioned above, Imperva is having an incredibly strong time in the market at the moment after rumors broke that the company may soon be taken over. The first mention of the rumor came from Deal Reporter, who said that the company is likely to rekindle sales talks. Since then, the rumor has grown quite a bit. In fact, at the moment, many are suggesting that both IBM and Cisco Systems are interested in acquiring the company.




It’s important to keep in mind that takeover rumors happen often in the market. While some of these rumors do prove to be valid, the vast majority of them prove to be false. So, if you’re going to trade based on this rumor, please make sure that you trade with caution.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on IMPV. In particular, we’re interested in following the potential takeover to see if there is any validity to this rumor. We’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Finisar Corporation FNSR Stock News

Finisar Corporation (NASDAQ: FNSR) is having a great time in the market at the moment. Minutes ago, the stock started spiking in a big way. After a bit of digging, we found that the gains are the result of takeover rumors. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (10:40), FNSR is trading at $23.36 per share after a gain of $0.30 per share (1.30%) thus far today.





FNSR Gains On Takeover Rumors

As mentioned above, Finisar is having a great time in the market as the result of rumors that broke surrounding a potential takeover. The rumors suggest that the company will be taken over at a price of $36 per share. They also suggest that the buyer will be a private equity firm or group of private equity firms.




It’s important to keep in mind that there is no rarity to takeover rumors in the market. Truth is, they happen all the time. Unfortunately, most of them prove to be false. So, if you’re going to trade on this rumor, make sure that you trade with caution.

Stop wasting your time! Find winning trades in minutes with Trade Ideas!

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on FNSR. In particular, we’re interested in learning if there is any validity to the rumors surrounding the company at the moment. As always, we’ll continue to follow the story closely and bring the news to you as it breaks!

Never Miss The News Again

Do you want real-time, actionable news delivered to your inbox? Join the CNA Finance mailing list below!

Subscribe Today!

* indicates required









Thought Leader Discussions

Gevo, Inc. GEVO Stock News

0 5133
Gevo, Inc. (NASDAQ: GEVO) Before we get into this interview, I'd like to extend a special thanks to my friend Joey who both set up the...