Why Facebook, Google, Amazon Are Best Positioned For Mobile

By | February 9, 2016

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alt : http://feedproxy.google.com/~r/InternetTechnologyRss/~5/7cGiImx4rtE/Tech_020916_FANG_FB_AMZN_GOOGL_NFLX_sd.mp4http://feedproxy.google.com/~r/InternetTechnologyRss/~5/7cGiImx4rtE/Tech_020916_FANG_FB_AMZN_GOOGL_NFLX_sd.mp4 Loading the player… With the proliferation of smartphones has come the abundance of smartphone apps. A new report from Mizuho Securities says that Facebook ( FB ), Alphabet ( GOOGL )-owned Google and Amazon ( AMZN ) are in the best mobile positions. Among Android apps, Mizuho says that Facebook continues to lead in terms of usage, with its family of apps dominating in nearly every major continent. Following the Facebook app in usage are Google’s Chrome browser, Google Search and YouTube. And the analyst also notes that Amazon is gaining share in mobile app installations. Facebook dropped below the key 50-day line in big volume Monday as the market sold off. Shares rallied off session lows Tuesday and briefly turned higher, but closed down 0.2%. Alphabet breached its 50-day line last week. Shares reversed off of a three-and-a-half month low on Monday. After an up and down session, Alphabet stock dipped 0.45% Tuesday on higher volume. Amazon lost support at the critical 200-day line last week and is now below the 500 price level. The stock is hitting its lowest level in five and a half months in fast turnover, closing down 1.2% Tuesday. Meanwhile, the other FANG (Facebook, Amazon, Netflix, Google) stock, Netflix ( NFLX ), rose 3.4%, gaining for a second session in heavy volume. Netflix shares broke below the 200-day line last month. Image provided by Shutterstock . Scalper1 News

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