Barrons : Tech Trader Daily (47)

Gogoro's Intriguing Scooter Crusade for Greener Energy

Gogoro is pursuing an interesting approach to making greener the world's transportation, offering an electric scooter for urban environments, and a network of stations that let you drive up and swap your scooter's battery pack for a fresh one. In a $300 million Series C financing from ...

Adobe Slips: FYQ3 Beats, Q4 Revenue View In-Line

Adobe shares slipped after the company topped quarterly expectations but forecast revenue this quarter merely in line with estimates.

Gogo 'Grossly Overpriced,' Given Competition, Says Northland

Gogo, the provider of in-flight WiFI, has a strong lead in the market, but competition is fierce to be on the planes of American Airlines and others, and analyst Paul Penney with Northland thinks the stock's worth less than half its current price, given estimates for profit next year seem wildly ...

Facebook's Chance for China Starts This November, Says Mizuho

With the beginning of the second five-year term of Chinese president Xi Jinping, Facebook has a chance to get approval to enter the country, perhaps with an initially limited version of the social network, says Mizuho's James Lee.

Cisco Will Buy NetApp, Says Summit Redstone, PSTG 'Shopping Itself'

NetApp could be acquired by Cisco Systems, writes Srini Nandury of boutique research firm Summit Redstone, given that Cisco is weak in gear that competes with Hewlett Packard Enterprise. Another storage vendor, Pure Storage, has been trying to shop itself, he hears from his contacts in the Valley.

T-Mo for Sprint: Timing's No Surprise, Says Wells

It's no surprise that Sprint and T-Mobile US would be talking about a deal now, as CNBC is reporting, says Jennifer Fritzsche of Wells Fargo, who rates both stocks a Buy. They probably want to get a deal approval process going before the 2018 U.S. midterm elections.

Apple Benefits When It Raises Prices, Says Morgan Stanley

Apple tends to do well when it raises prices, says Morgan Stanley's Katy Huberty, and she raised her price target on the company's stock to $194 to reflect several price increases coming out of last week's media event held by Apple, including not just on iPhone but also iPads and even the ...

Apple Benefits When it Raises Prices, Says Morgan Stanley

Apple tends to do well when it raises prices, says Morgan Stanley's Katy Huberty, and she raised her price target on the company's stock to $194 to reflect several price increases coming out of last week's media event held by Apple, including not just on iPhone but also iPads and even the ...

Sprint Surges 8%, T-Mo Pops as CNBC Says 'Making Progress' in Merger Talks

Sprint and T-Mobile at are at an "important point" in their negotiations for an all-stock merger, reports CNBC's David Faber, citing multiple unnamed sources.

Micron: Margins Looking Good, Says Susquehanna, Boosting Target to $50

Micron's prices for DRAM and NAND this year will decline, but so will costs, leading to favorable profit margin, says Susquehanna's Mehdi Hosseini, raising his price target on the stock to $50 from $40.

Acacia Can Ride the Rise of Silicon Photonics, Says MKM

MKM Partners networking analyst Michael Genovese this afternoon initiated coverage of fiber-optic component supplier Acacia Communications  with a Buy rating, and a $64 price target, writing that it is the only optical components name we would recommend to long-term investors with a 3+ yr ...

Apple iPhone 8 Promotions Less Insane Than in Past, Says Street

Promotions for Apple's iPhone by the U.S.'s big four wireless operators are less dramatic, less aggressive than in some past years, say Moffett Nathanson's Craig Moffett and BTIG Walter Piecyk.

AMD Ramps 'Epyc' Wafers to Steal Intel Server Biz, Says Arthur Wood

AMD's production of wafers at its supplier, GlobalFoundries, is increasingly devoted to its new server chip, "Epyc," Arthur Wood Analyst Jeff Johnston believes, which is a good sign for the company's prospects for taking share from Intel in servers, he believes.

Universal Display: Blue Is the Color of Game Change, Says Goldman

Universal Display, which supplies technology for so-called OLED screens on smartphones, seems to be getting closer to commercial availability for its technology for the blue color, says Brian Lee of Goldman Sachs, which could be a "game changer" for Universal, prompting Lee to raise his price target ...

Micron Rising: This Time It Really Is Different, Says Evercore ISI

Micron's market conditions for DRAM and NAND are enjoying sustained demand and scarcity of supply, which will serve the stock well, says Evercore ISI's C.J. Muse, as he hikes his price target on the shares from $40 to $50.

Netflix's High Reliance on Others' Content Can't Slow Stock, Says Moffett-Nathanson

Netflix has more of its viewing dependent on "library" titles from CW, CBS, Fox and other "frenemies," than people may realize, says Moffett Nathanson analyst Michael Nathanson, something that makes him cautious on the stock. But he acknowledges nothing can slow the share price as long as hills ...

ASML: Big Boost from DRAM, Says Susquehanna, Credit Suisse Disagrees

ASML's extreme-ultraviolet lithography can get a boost from spending on DRAM chips by Micron and others, says Susquehanna, but Credit Suisse prefers shares of Lam Research, Applied Materials, and KLA-Tencor when it comes to memory-chip equipment.

Applied Materials's Earnings Can Surge in New Normal of Chip Capex, Says RBC

Applied Materials can see its annual earnings surge from less than $3 to $5 annually by 2020, in a new environment for intense capital spending on chips, according to RBC Capital's Amit Daryanani, who upgraded the stock to a Buy and boosted his rice target to $55.

Applied Materials's Earnings Can Surge In New Normal of Chip Capex, Says RBC

Applied Materials can see its annual earnings surge from less than $3 to $5 annually by 2020, in a new environment for intense capital spending on chips, according to RBC Capital's Amit Daryanani, who upgraded the stock to a Buy and boosted his rice target to $55.

Netflix Rising: Doesn't Take the Crown, but Piper and RBC Upbeat on Sub Trends

Although Netflix was beat Sunday night by streaming competitor Hulu for the best drama series, The Handmaid's Tale, Piper Jaffray and RBC Capital both had nice things to say about Netflix's subscriber trends.

Nvidia Jumps 4%: Merrill Lynch Ups Target to $210 on Volta, Data Center Capex

Stock price targets keep moving higher for Nvidia, with Merrill Lynch's Vivek Arya raising his today to $210, following Evercore ISI's C.J. Muse raising his target to $250 on Friday.

Nvidia: China Crypto-Currency Ban Only Fuels Their GPU Sales, Says RBC

Nvidia's business supplying GPUs for "mining" of crypto-currencies such as bitcoin will not be dented by the Chinese move to shut down the exchanges of the currencies, if anything, it'll be helped, says RBC Capital analyst Mitch Steves.

First Solar Jumps 5%: Nice Trends for 'Series 4′ and 6 Modules, Says Deutsche

Supply is tight for First Solar's popular "series 4" solar modules, writes Deutsche Bank's Vishal Shah, which bodes well for the company's prices and margins. Plus, shipments of the next version, Series 6, may start earlier than Wall Street expects.

Nvidia's Lead in A.I. 'Nearly Impossible to Replicate,' Says Evercore

Nvidia's lead in artificial intelligence, with the "scale" of its graphics chips, and its "CUDA" software, is nearly unstoppable at this point, says Evercore ISI analyst C.J. Muse as he raises his price target on the shares to $250.

Oracle Down 7% on 'Uninspiring' Outlook; Bulls Defend Value

Oracle's shares dropped 7% as its quarterly revenue outlook missed analyst expectations, with particular disappointment in its cloud computing outlook. But bulls defended the stock, saying Oracle is one of the better values in cloud.

Apple Has Something of a Lock on 3-D Sensing Against Android, Says Rosenblatt

Apple's patents on "3-D sensing," and exclusive deals with suppliers such as Lumentum, may offer the company something of a lock on the technology of augmented reality, according to a report by Jun Zhang of Rosenblatt Securities.

Qualcomm's 'Snapdragon' Can Get a Lift from 3-D Sensing, Says Northland

Qualcomm's "Snapdragon" processor may get a leg up in smartphones because of the need to incorporate 3-D sensing capabilities, as Android manufacturers follow Apple's lead, says Northland's Tom Sepenzis.

Oracle Gives Up Gains on Disappointing FYQ2 View

Oracle shares traded down 4% in the after-hours session, giving up earlier gains, on a weaker-than-expected outlook for revenue growth this quarter.

Energous CEO Rizzone Undaunted by Apple Tilt to Qi

Steve Rizzone, chief executive of wireless power hopeful Energous, is undaunted by Apple having put a competing wireless technology into its latest iPhone. He still sees a bright future for Energous as the company heads toward what he says will be first commercial products shipping with Energous ...

Pixelworks: Another Restructuring Cuts 15% of Staff

Pixelworks , a micro-cap manufacturer of chips used for video applications, this afternoon said it is undertaking a restructuring program to streamline the organization' following the $25 million acquisition last month of Toronto-based video processing technology maker ViXS Systems. The ...

Micron: FYQ1 Should See Big Boost from DRAM Prices, Says Goldman

Micron's going to continue to benefit from a "tight" supply of DRAM chips, thanks to consolidation in the industry, says Goldman Sachs analyst Mark Delaney, raising his rating on the stock to a Buy. The November quarter may show a big beat on earnings for that reason.

Oracle Rising: FYQ1 Beats, Taunts Salesforce, Workday, Amazon

Database giant Oracle reported quarterly results that topped expectations, and took swings at the company's chief rivals, Salesforce, Workday, and Amazon.

Western Dig, Seagate: Q3 and Q4 PC Trends Look Weak, Says Cowen

The rate at which Asia's PC manufacturers are cranking out notebooks suggest sales this quarter and next will be weaker than normal, which is not great for Western Digital and Seagate hard-disk drive sales, says Cowen & Co. analyst Karl Ackerman. Broadcom is relatively more insulated from impact.

Amazon Will Milk the Integration of Prime+Whole Foods, Says Morgan Stanley

Morgan Stanley analyst Brian Nowak sees lots of potential for Amazon to bring its Prime membership to Whole Foods, and to lure Whole Foods shoppers into Prime.

Social Capital: Palihapitiya Wants More Savvy, Less Dumb, in Tech Investing

Chamath Palihapitiya's Social Capital opened for trading just slightly above the price Credit Suisse pitched it, and Palihapitiya, a tech luminary, took to CNBC to tell the gang how his firm will have a more "holistic," less "brutal," understanding of tech investing, meaning, not being dumb like the ...

Xilinx Shows off Increasing Software Smarts in Cloud, Says KeyBanc

Xilinx's first-ever developer conference showed an increasing emphasis on software for the company's programmable chips, which is good because it will spread popularity of the parts, especially in cloud computing, says KeyBanc's John Vinh.

Polaroid Back on Film with 'OneStep2′ for $99

Privately held Polaroid celebrated its 80th anniversary with the introduction of a $99 update of the legendary OneStep camera at an event in Manhattan's Lower East Side. The company said the 9-year project to restore the chemistry of instant photography was a nod to the rising importance of ...

Apple's Pricey iPhone X Will Turn off A Lot of Users, Make Piles of Money, Says Maxim

Apple's iPhone X, which goes on sale in late October starting at $999 and costing $1,149 at the top end, is way too expensive for some buyers, says Maxim Group's Nehal Chokshi, but he still thinks Apple will make even more money than he'd previously modeled by making more revenue off each ...

Western: Maybe Time to Think of Hynix as Partner, Says KeyBanc

As Western Digital and Toshiba continue to trade barbs about the sale process of Toshiba's NAND chip manufacturing unit, KeyBanc's Weston Twigg suggests maybe Western should think about South Korea's Hynix as a future NAND partner in place of Toshiba.

Apple's iPhone X: 'Rich People' Phone is a Disappointment, Says Kebanc;

Apple generally got praise from the Street for yesterday's unveiling of the iPhone X, but Keybanc's Andy Hargreaves complains this is a "rich people" phone that calls into question the company's long-term ability to maintain prices.

Lattice: Chinese Buy of FPGA Maker Blocked By Trump on Security Grounds

The Trump administration blocked the sale of chip maker Lattice Semiconductor to a Chinese investment firm, citing national security concerns. Lattice makes field-programmable gate arrays, a class of programmable chips also made by Xilinx and by Intel's Altera business, which are increasingly ...

Apple: Needham Likes iPhone Pricing as Competitive Tool

Apple took people's breath away with its price increases on the iPhone, but an equally important part of Tuesday's media event, says Laura Martin with Needham & Co., is how the company lowered prices for existing models, to bring more people into the Apple "ecosystem."

Dolby Labs Surges 9% as Its HDR Tech Spreads Through Apple Product Line

Dolby Labs shares surged after Apple surprised the Street by saying it will bring the company's video technology to more of its products.

Himax Can Shine as Android Copies Apple's Augmented Reality, Says Northland

Apple's inclusion of 3-D sensing in the iPhone X is good news for Himax, which could get business supplying 3-D sensing components to Samsung, Xiaomi and Huawei as they all look to equip their smartphones to match Apple, according to Northland's Tom Sepenzis. Qualcomm could also be a beneficiary.

Lumentum Has Leg Up on Finisar in First iPhone X Units, Say Piper, Raymond James

Apple's new iPhone X smartphone, with something called "TrueDepth," is a collection of sensors for "augmented reality" that should boost the fortunes of both Lumentum and Finisar, although Lumentum has the upper hand at the moment because of production delays at Finisar, say both Piper Jaffray and ...

Qualcomm, Intel Setup Unchanged with Apple's iPhone X, says Raymond James

Qualcomm and Intel's competitive situation for modem chips seems little changed with the latest round of Apple iPhones, says Raymond James chip analyst Chris Caso, though a forthcoming special model for China Mobile could be a swing factor.

Western Drops 5%: Relationship with Toshiba 'Irrepairable,' Says Summit Redstone

Western may lose its guaranteed supply of NAND flash chips as Toshiba re-enters talks with private equity Bain Capital and partners for sale of Toshiba's chip unit, shutting out Western, says Summit Redstone analyst Kinngai Chan, cutting Western shares to a Hold.