5 Tech Giants Go Green to Close Out a Strong Nasdaq Week
Facebook, Inc. (NASDAQ:FB): Track Data reported that Facebook’s overall option implied volatility is at 58 which is close to it’s recent volatility of 60. This suggests an immobile price movement. Shares of Facebook finished the week on a positive note up 3% at $27.23. Were the shorts closing their position ahead of the weekend?
Investing Insights: Is Facebook Really Listening to its Users?
Apple Inc. (NASDAQ:AAPL): According to Bloomberg, Apple informed a federal judge that the company is considering a temporary restraining order to prohibit Samsung from selling the Galaxy S III smarphone in the US. This would cause a temporary ban on the smartphone prior to its US release date this month.
Google Inc. (NASDAQ:GOOG): AllThingsD reports that Google offered more than the $745M+ Buddy Media ended up selling to Salesforce.com (NYSE:CRM), but Buddy Media CEO Mike Lazerow and his board decided on Saleseforce due to confidence that Salesforce could close the deal.
Microsoft Corporation (NASDAQ:MSFT): According to AllThingsD, Twitter has separated into three parts: Consumer, growth and international, and revenue or ads. Othman Laraki will be VP of growth and international product, Michael Sippey will be in charge of consumer product, and no one has yet filled the position as head of ad products.
Intel Corporation (NASDAQ:INTC): Reuters claims that in order to attract media partners to Intel’s new virtual television service, the company will rely in facial-recognition for specific ad and several entertainment dealmakers. As of now, major media content providers seem reluctant to allow Intel to unbundle and license certain networks and shows with the same discount as cable and satellite partners.
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