For Immediate Release
Chicago, IL - July 14, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Google ( GOOGL ), Microsoft ( MSFT ), Facebook ( FB ), Apple ( AAPL ) and Twitter ( TWTR ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Monday's Analyst Blog:
Technology Stock Roundup
With earnings season just around the corner, all eyes are on the numbers. But last week was by no means a dry one with plenty going on in the world of technology. Here are the top stories-
Google Glass Eyeing Enterprise
There is some speculation that a Google Glass prototype, referred to as GG1, has been described in a filing with the FCC. Media reports indicate that this is an enterprise device, which isn't surprising because the last time Google ( GOOGL ) fielded samples, enterprise users were the only ones appreciating. It could take a while to get from prototype to production, since the company has little hardware experience. But Google has been working on its team and technology, so maybe this time we won't be disappointed.
Google also patented technology for head-mounted wearables that takes pictures when so indicated by fingers in its line of sight. So for example, if you raise your hands to make a rectangle or circle, the head mounted device will be signaled to take a rectangular or circular shaped picture.
Microsoft Gets Leaner, Meaner
In a not entirely unexpected move , Microsoft ( MSFT ) decided to take a $7.6 billion charge to write off substantially all of Nokia's value from its books and also reduce its headcount by 7,800 or roughly 6%. CEO Satya Nadella stressed that Microsoft would focus on first-party devices going forward. He also named three focus areas for its phones, all of which will run Windows: business customers, value phone buyers and Windows fans.
Microsoft will likely try to bundle its hardware with its software for business customers and offer minimum features for value buyers. The fan club will likely see the best that Windows can be.
FacebookBuilding "Green" Data Center : Facebook ( FB ) is planning a data center in Fort Worth, TX that will operate solely on green energy. The social networking company is in talks with regional providers to acquire 200MW of wind energy for the purpose. Similar to other tech giants, Facebook has a long-term plan to use green energy for the bulk of its operations. In fact its goal is to have 50% of operations running on green energy by 2018.
Judge Doesn't Agree on Damages in iTunes Case : Earlier, a jury found that Apple's ( AAPL ) iTunes infringed on three patents of Texas company Smartflash and the judge ordered them to calculate the amount of damages. The jury calculated the amount to be $532.9 million (Smartflash was asking for $852 million).
The judge now says that the amount of damages should be recalculated in this case because there may have been an error. A retrial on the issue of damages only will be held on Sep 14 in Tyler. Apple maintains, "We refused to pay off this company for the ideas our employees spent years innovating."
Facebook Problem in Russia : Facebook's attempt to block posts based on its own definition of propriety has met Russian ire. After a post by Maxim Ksenzov, who is the deputy head of Russia's communications commission was removed and the writer banned for 24 hours, senior officials in the country started urging people to use the domestic social network Vkontakte instead of Facebook since the American company blocks their content. Vkontakte is the most popular social network in Russia.
Mac Office 365 Users Get Office 2016 : Microsoft has said that those Mac users already subscribing to Office 365 will get the first opportunity to upgrade to the new suite of productivity tools. Office 2016 is available in 139 countries and in 16 languages. The move appears intended to encourage Apple users still dependent on Microsoft to stick with it.
Google Indexing More Tweets : Searchengineland quoted research from Stone Temple Consulting to say that while Google's indexing of tweets has risen since Feb when the two companies entered into a deal, the vast majority (96%) were still not being indexed. Possible reasons are thought to be that first, Google focuses on the accounts that have more followers and second, Google prefers accounts with "better social authority" whatever that means. Google is also a search engine, so it is likely indexing in a way that makes the search more meaningful, but there isn't much more we know about it at the moment.
Twitter Now Has Direct Response Ad Tools : Twitter ( TWTR ) has had trouble with direct response solutions that most advertisers are looking for these days. This is basically a way for users to directly interact with the ad, either by clicking on it or maybe by downloading the app. There were issues with the earlier product line, which led Twitter to lower its annual revenue forecast by $200 million. Hopefully the new product set will lead to a positive revision later this year.
Akamai Expects Increased Network Attacks : Akamai's Prolexic Security Engineering & Research team has discovered hackers using a technology called Routing Information Protocol (RIP) version one for discovering new routers in a multi-device network. A router can then be configured to get information from others to exploit the entire system. The technique has been used for large-scale distributed denial of service (DDoS). Akamai's security business has picked up in recent times and protecting against such vulnerabilities will be positive for this business going forward.
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