Apple Leads 3 Big-Name Tech Stocks Making Moves In Internet Space

By | March 24, 2016

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alt : http://feedproxy.google.com/~r/InternetTechnologyRss/~5/lixLWBHHqXg/Tech_032416_AAPL_GOOGL_YHOO_sd.mp4http://feedproxy.google.com/~r/InternetTechnologyRss/~5/lixLWBHHqXg/Tech_032416_AAPL_GOOGL_YHOO_sd.mp4 Loading the player… A lot is going on in the Internet space Thursday, from Apple ( AAPL ) to Yahoo ( YHOO ). Here’s a roundup: Apple is reportedly working to include Apple Pay in its Safari browser in time for holiday shopping in the fourth quarter. The move would simplify the mobile online checkout process for iPhone users, which could be a threat to similar offerings from PayPal ( PYPL ) and Amazon ( AMZN ). Apple shares are testing support at their 10-day line, sliding 0.5% intraday. Apple is trading about 21% below its all-time high, reached 11 months ago. Meanwhile, PayPal was down 3.8% Thursday while Amazon was up 1.6%. Google Going Live Alphabet ( GOOGL )-owned Google has been building its answer to Facebook ( FB ) Live and Twitter ’s ( TWTR ) Periscope with its own live-streaming app, YouTube Connect, according to VentureBeat . The timeline for launch isn’t clear, but a release before Google’s developer conference in May is possible. Alphabet is on track for its third straight loss, falling 0.8% intraday, but the losses have been fractional and volume has been light. Shares are working on a cup base with an 810.35 buy point and are currently trading 7% below that level. Facebook dipped 0.3% Thursday while Twitter lost 0.8%. Yahoo Proxy Fight And the pressure for a shakeup at Yahoo is mounting, with activist investor Starboard Value launching a proxy fight to remove the entire Yahoo board. The proxy battle comes as Yahoo has plans for an auction to sell its core Internet businesses. Yahoo shares were little changed midday, finding support near the downward-sloping 200-day line. The stock is trading 24% below its 52-week high. Image provided by Shutterstock . Scalper1 News

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