3 Tech Stock Stories Creating a Buzz On Tuesday

Apple (NASDAQ:AAPL): Closing price $437.60

At Apple’s Worldwide Developers Conference on Monday, the firm introduced a new ad ending with the line “Designed by Apple in California.” Chief Executive Tim Cook commented that “Those words mean a great deal to us and we hope that they mean a great deal to you,” seemingly eager to conclude his much anticipated presentation on an agreeable note. Apple’s actual product announcements may draw a mixed response, but there exists little uncertainty about Cook’s desire to lock in Apple’s status as a Silicon Valley icon.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

aapl

Rambus (NASDAQ:RMBS): Current price $8.03

The innovative tech solutions firm Rambus, and the memory semiconductor provider SK Hynix, said Tuesday that they have reached a five-year patent license accord for the use of Rambus memory-related patented innovations in SK Hynix semiconductor products, and have also resolved all outstanding claims. The arrangement includes a license to certain DRAM products at payments of $12 million per quarter over the next five years. Other terms of the deal are considered confidential.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

RMBS

TIBCO Software (NASDAQ: TIBX): Current price $21.13

On Tuesday, TIBCO reported that it has purchased  the privately-held provider of high performance event processing and real-time analytics software StreamBase Systems. The latter allows companies to quickly build, test, and deploy real-time applications used for streaming big data. Financials of the transaction were not divulged. StreamBase is headquartered in Waltham, Massachusetts, having offices in New York and London. StreamBase was awarded the title of Technology Pioneer in 2010, at the World Economic Forum.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

TIBX

Don’t Miss: Can the New Apple Ad Campaign Save Its Core?