Author Archives: Scalper1

Big-Cap Techs Lift Before Earnings: Netflix, SAP, IBM

Going into a short week of trading, big-cap techs about to report earnings are seeing mixed stock action, with the broader market up 1% in early trading. Of these, Netflix (NFLX) and SAP (SAP) led gains, while Verizon (VZ) was also up, and IBM (IBM) seesawed. Apple (AAPL), which reports next Tuesday and is the biggest stock of all, was up in early trading in the stock market today. Stocks endured a broadly rough time last week, with oil

Cell Tower Stocks Bounce Back After Sprint Report

Two cellphone tower stocks on Tuesday bounced back after a sell-off on Friday amid a report that Sprint (S) plans to cut its network costs by relocating radio equipment to government-owned properties. Sprint plans to save $1 billion annually by relocating equipment to government-owned properties and rights-of-way, which would have lower rents, Re/code reported on Friday. Shares of Crown Castle (CCI) and American Tower (AMT) were up 2% and 3%,