Author Archives: Scalper1

Amazon Turns Up Heat On Apple With New, Smaller Echo

Amazon.com (AMZN) is putting the finishing touches on a smaller version of its voice-activated tabletop speaker called Echo, the Wall Street Journal reported Monday. Citing unnamed sources familiar with the plans, the WSJ wrote that Amazon intends to release a beer-can sized version of the Echo, code-named Fox. Echo includes a virtual personal assistant that can command devices connected to a smart home, play music and make shopping lists. The

Tesla Partner SolarEdge Tops Needham 2016 Solar View

Tesla Motors (TSLA) battery partner SolarEdge Technologies (SEDG) topped a Needham analyst’s 2016 solar picks list on Monday, even as IBD’s Solar-Energy Group smoldered on Wall Street. In afternoon trading on the stock market today, however, SolarEdge stock was down nearly 3%, near 26, and IBD’s 22-company group was down 3%. Still, Needham’s Y. Edwin Mok predicts SolarEdge stock will shine in 2016. SolarEdge, which went public in March at an IPO

Fitbit stock falls below IPO price post-CES

Shares of wearable fitness device maker Fitbit (FIT) dropped to their lowest level ever on Monday, following a rough week at the Consumer Electronics Show in Las Vegas. Fitbit stock was down nearly 12%, near 18, in afternoon trading on the stock market today. The San Francisco-based company went public last June at 20. Monday marked the first time that Fitbit had fallen below its IPO price. Fitbit stock crumbled last week at the annual CES trade