It's a big day for several retailers and online shoppers, as Cyber
Monday kicks off with scores of sales for those who failed to cash in on
Black Friday deals.
Let's look at tech stocks to watch Monday:
Amazon:
The online retailing giant is rolling out multiple deals as part of its
Cyber Monday plan, along with other retailers including Target and
Walmart. Meanwhile, Amazon revealed the latest prototypes of drones for use with its Prime Air delivery service. The drones will be able to carry packages weighing up to 5 pounds.
Fitbit: Shares of the wearables maker surged more than 4% in morning trading after Barclays upgraded its stock to "overweight," according to CNBC. Shares of Fitbit sunk 26% over the past month.
Box. The cloud storage company will report third quarter earnings after the markets close Wednesday. Analysts project revenue of $76 million with a loss of 31 cents a share.
Microsoft: The tech giant rolled out a beta test of personal voice assistant Cortana to owners of iOS devices, reports TechCrunch. The app can accept voice commands, manage schedules and alarms, and track sports scores or stock prices.
BlackBerry:
The smartphone maker will leave Pakistan, claiming the country wanted
to monitor its enterprise server and emails. "Pakistan was essentially
demanding unfettered access to all of our BES customers’ information,"
said BlackBerry Chief Operating Officer Marty Beard in a blog post published Monday.
By: Brett Molina.
Review: Emerging Market Formulations & Research Unit, Flagship Records.
For The #FacebookTeam.
