For Immediate Release
Chicago, IL – July 12, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Twitter (TWTR), Apple (NASDAQ:AAPL) (AAPL), Facebook (NASDAQ:FB) (FB), Alphabet (NASDAQ:GOOGL) (GOOGL), Yahoo (NASDAQ:YHOO) ( YHOO) and Netflix (NASDAQ:NFLX) (NFLX).
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Here are highlights from Monday’s Analyst Blog:
Technology Stock Roundup: Video Initiatives Kick Off 2H16
The third quarter started off with a number of important announcements, as technology companies geared up for new growth avenues in video distribution, automated cars and more.
Twitter (TWTR) for one is reportedly in talks with the NBA, Major League Soccer and the cable network Turner Broadcasting about acquiring digital streaming rights for sports-related content. This is a good start for the social network that hasn’t been so social in the past because digital streaming of sports events is still in its infancy and it’s exactly the kind of thing that brings highly-engaged viewers. Earlier, it paid $10 million to NFL to stream Thursday night games this fall.
Of course, there’s also the possibility that Twitter will never become a regular streamer like a TV channel and instead stream snippets, analysis and interviews to draw more users to the event. That is what it managed with the Wimbledon through arrangements with Wimbledon and ESPN, which acquired exclusive TV rights for the event in 2011.
Twitter also made a notable hire recently in Apple (AAPL) designer Alessandro Sabatelli to lead its AR/VR efforts. Others like Facebook (FB) and Alphabet’s ( GOOGL) Google have made more headway in this area but it’s definitely not too late to start.
Another new entrant into the space is Yahoo (YHOO). While conversation about this struggling Internet company currently revolves around its sale, its blogging network Tumblr is also set to stream video sourced from other providers like YouTube, YouNow, Kanvas and Upclose. Yahoo is also in agreement with 15 other content providers to publish live videos on Tumblr. Other agreements in the pipeline could be with media brands like Mashable, Huffington Post, Refinery29 and MTV. Followers will receive push notifications when a live video is uploaded, which is expected to boost views for the provider and increase Tumblr usage.
The dedicated video streaming service Netflix (NFLX) also had an exciting week wherein it announced an agreement with long-time rival Comcast (NASDAQ:CMCSA). Accordingly, Comcast will, later this year, integrate the Netflix streaming service through its X1 STB as part of its IP-enabled cable TV service. This is neat because by becoming part of the service, Netflix circumvents the Open Internet Order that propounds net neutrality but makes a specific exception in case of IP-enabled TV. But this is likely not the end of the story because while X1 is an IP-enabled TV service, Netflix is not. So competing services like Chromecast and Roku will likely object.
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TWITTER INC (TWTR): Free Stock Analysis Report
APPLE INC (AAPL): Free Stock Analysis Report
FACEBOOK INC-A (FB): Free Stock Analysis Report
ALPHABET INC-A (GOOGL): Free Stock Analysis Report
YAHOO! INC (YHOO): Free Stock Analysis Report
NETFLIX INC (NFLX): Free Stock Analysis Report
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