Author Archives: Scalper1

Micron Could Stir 2016 Chip M&A Froth — As A Target

Micron Technology (MU) could stir the semiconductor M&A froth in 2016 — this time as a target, several analysts suggested Wednesday after the chipmaker late Tuesday guided to fiscal Q2 losses for the first time since February 2013. In midday trading on the stock market today, Micron stock was down 4.5%, near 14, after the No. 5 chipmaker also reported Q1 sales and earnings that missed Wall Street estimates. Shares are down 58% for the year. At

SPY, EWK: Big ETF Inflows

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF ( SPY ), which added 30,500,000 units, or a 3.6% increase week

Twitter Files Patent For Drone That Tweets

Twitter (TWTR) stock rose Wednesday on reports that the social media company has filed a patent for a drone that tweets and takes selfies. The move comes as other tech firms, including Alphabet (GOOGL)-owned Google, Amazon.com (AMZN), Facebook (FB), Alibaba Group (BABA) and Wal-Mart (WMT), plan to use drones to make deliveries. Twitter was granted a patent earlier this month for a messaging-enabled unmanned aerial vehicle, or UAV, that takes