Netflix (NFLX) stock fell Thursday, a day after hitting an all-time high and then reversing after billionaire investor Carl Icahn indicated the stock had peaked. Netflix dropped 2.1% to 664.43 on the stock market today. On Wednesday, Netflix hit a record high of 706.24 but closed down a fraction for the day after Icahn said he sold the last of his shares in the company — and said Apple (AAPL) now represents the same kind of opportunity to
For months, people have been debating the possible killer app for the Apple Watch. UBS analyst Steven Milunovich said Thursday that voice messaging could be it, at least for some users. Moving voice messaging to Apple’s (AAPL) smartwatch from the iPhone seems like a logical move, he said in a research note. Voice memos on smartphones are very popular in countries like Argentina and China, he said. Apple CEO Tim Cook told UBS that in China you see people walking down the street speaking into their phones and sending voice rather than text messages. Porting this capability to the watch makes sense as it is easier to send a voice message from a device already on the wrist than pulling out a phone, Milunovich said. Voice memos also are popular in Argentina, he said, noting an article on the Vice Media website Motherboard. “On any given block…
Two highly rated chip stocks are nearing buy points in the stock market today: ARM Holdings (ARMH) and Microsemi (MSCC). Apple (AAPL) iPhone chip designer ARM Holdings has a 96 IBD Composite Rating, meaning its shares outperform 96% of all stocks in the market as measured by fundamental and technical factors. ARM gapped up 2.5% in quick turnover on Thursday, ending a two-day losing streak that put the stock back near its 50-day line. Shares are