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1. ARRY:$ARRY upgraded to Overweight from Neutral at JPMorgan. PT $10

 

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2. TWLO:$TWLO -32.76%
3. STRP:Company “to acquire 100% of the issued and outstanding shares of Straight Path for $135.96 per share” $STRP

 

Trending News Headlines
1. SEC Probes Solar Companies Over Disclosure of Customer Cancellations

Federal regulators are investigating whether solar-energy companies are masking how many customers they are losing, according to a person familiar with the matter.

2. Bain, Carlyle, Thoma Bravo Are Among Bidders for Citrix

Private equity firms Bain Capital, Carlyle Group LP and Thoma Bravo are among bidders for cloud-services company Citrix Systems Inc., people familiar with the matter said.

3. Larry Dignan on Twitter

“NYT added 308,000 net digital news subscriptions in Q1.”

4. Strong demand at Taco Bell drives Yum Brands’ profit beat

Yum Brands Inc (YUM.N) reported a better-than-expected quarterly profit due to strong global same-store sales growth, driven by robust demand at its Taco Bell restaurants and lower costs at its KFC chain.

5. No Gilead Sciences M&A Yet, but CEO Offers Hint of Deals to Come

Gilead’s first-quarter conference call delivered another opportunity for analysts to ask management, “Who are you going to buy and when?”

6. MakeMyTrip to raise $330 million from Naspers, Ctrip and others – ETtech

MakeMyTrip has unveiled aggressive plans, particularly in the hotels and packages segment, to consolidate its leadership position in the country.

7. Tesla Earnings: What to Watch

Tesla Inc.’s first-quarter financial results are expected to be released after the market closes on Wednesday.

8. Tesla is the most painful stock to be short so far in 2017

Traders short selling Tesla’s soaring stock have lost $3.7 billion this year, eclipsing the combined losses of traders shorting Apple, Amazon.com and Netflix.

Technology News
    As is tradition Panos Panay handed out the Surface Laptop to an audience member to demonstrate the new burgundy color.
    The Surface Laptop will ship in four colors platinum burgundy cobalt blue and graphite gold and it under three pounds in weight.
    Microsoft has integrated vapor chambers into the aluminum finish on the rear of the device to help keep the Surface Laptop cool.
    During a tour at sprawling Redmond Washington headquarters last month the Surface team showed off the evolution starting from the first more than a mashup of parts from older Microsoft the finished product.
    The engineers and designers spent two years working on the machine creating multiple prototypes and inviting partners like Intel to set up shop right on campus.
    The finished laptop milled from a slab of custom aluminum alloy has no screws or holes save for a pair of microphones to converse with Cortana voice assistant.
    Between the cost in addition to the dock you also have to supply a mouse keyboard monitor and the Galaxy to make it all work and limitations which get into most people are still better served by a standard Windows or Mac laptop or even a Chromebook.
    The browser does have its limits it struggles with the proprietary content management system we use at The Verge and Adobe Flash support is obviously out of the question but for the most part it loads pages just like Chrome or Safari does on a full computer.
    More frustrating is that the system remember any of my window arrangements when I switch modes so every time I sit down at my desk and dock the phone I have to reopen my apps and rearrange my workspace.
    Teachers also choose Windows for rich peripheral support including amazing new STEM lesson plans with Arduino boards Education tools to enable accessibility virtual reality headsets interactive whiteboards and more.
    Together with OneNote Class Notebooks and new assignment and quiz experiences teachers can easily distribute content grade work personalize learning and communicate with students parents and staff.
    STEM Saturdays bring classrooms to Microsoft Store and offer experiences like building a sensor that measures the flexion and extension of a finger to learn about the anatomy of a human hand.
    Right now that can be done manually or by asking Siri to turn the volume up or down or skip to next song but it appears some way to have more control of media by touching or tapping the AirPods themselves is desirable.
    What makes this question interesting is the fact that while our respondents mainly lean to early tech adoption we do not have a massive group of hardcore Apple fanatics.
    Lastly we wanted to see how much our participants in the study still defaulted to old habits or trust AirPods enough to completely go wireless and fully ditch their wired headphones.
    We are seeing a kind of delay in purchasing behavior that we think is a consequence of the number of rumors and reports about future products Apple CEO Tim Cook told CNBC Josh Lipton.
    But Wall Street is counting on one key statistic to drive the company earnings higher later this year million iPhones may be set for an upgrade this fall according to venture capitalist Gene Munster.
    Apple biggest Asian revenue source has been under pressure as the strength of the Hong Kong dollar dampens shopping from mainland China.
    and slightly lower than the billion that Wall Street expected.
    Once again Apple CEO Tim Cook touted the services business this time in the second paragraph of its earnings press release.
    thrilled with the strong momentum of our Services business with our highest revenue ever for a Services revenue grew about billion versus the quarter the best of product segments.
    The new version of its operating system Windows S will run only applications that have been vetted by Microsoft and placed in its online app store to prevent students from downloading software that could slow the performance of their computers.
    Karon Weber demonstrated projects from the Hacking STEM Ian Bates for The New York Times The tools are designed to be easy enough for teachers to use since many schools do not have dedicated technology administrators.
    Officials at Omaha Public Schools which spends about annually on Microsoft software and is investing million to buy students Windows devices welcomed the more comprehensive approach to the classroom.
    About CEO Neil Vogel said the dot is a nod to the period that was core to the old logo while a dash is a typographic symbol used to move things toward next.
    parent the company IAC decided to rebrand the publisher because while it had name recognition its articles were so broad that nobody thought of it as a resource for any one topic.
    a new name that takes you out of the realm of a consumer offer and into one that speaks specifically to the advertising community that makes a lot of sense said Rick Wise the CEO of brand strategy firm Lippincott.
    Between the cost in addition to the dock you also have to supply a mouse keyboard monitor and the Galaxy to make it all work and limitations which get into most people are still better served by a standard Windows or Mac laptop or even a Chromebook.
    The browser does have its limits it struggles with the proprietary content management system we use at The Verge and Adobe Flash support is obviously out of the question but for the most part it loads pages just like Chrome or Safari does on a full computer.
    More frustrating is that the system remember any of my window arrangements when I switch modes so every time I sit down at my desk and dock the phone I have to reopen my apps and rearrange my workspace.

 

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