Tag: buying

2 Tech Stocks I’m Still Buying Even After They’ve Surged 200%

Tech companies Shopify (TSX:SHOP)(NYSE:SHOP) and Lightspeed (TSX:LSPD)(NYSE:LSPD) have both been on absolute tears over the past six months. Since the beginning of April, Shopify’s share price has grown more than 200%, while Lightspeed is up more than 225%.



a woman sitting at a table using a laptop: stock data


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stock data

To be fair, the Canadian market in general has been on an incredible run since April. The S&P/TSX Composite Index has grown 27% over the last six months. That’s pretty impressive considering that this index has only delivered 17% growth over the past five years.

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So, with the market up almost 30% in half a year, it’s not surprising to see some companies trading at all-time highs today. 

Shopify and Lightspeed might each be up 200% in half a year, but I’m not even close to taking profits on either of the companies. 

I’ve reviewed why I believe there is still plenty

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Twilio confirms it is buying Segment for $3.2B in an all-stock deal

Twilio today announced its biggest acquisition to date, spearheading a strong move into customer data management alongside its existing API-based tools for building and running customer communications services. Twilio is paying $3.2 billion “in Twilio Class A common stock, on a fully diluted and cash free, debt free basis” to acquire Segment, a marketing technology startup that lets organizations pull in customer data from one app into another, by way of APIs, and use its platform to better control the movement of that customer data.

The deal is expected to close in Q4 2020, and Segment will become a division of Twilio, the companies said.

The deal was first reported to be in the works on Friday. (FWIW we’d also gotten the same tip and had been investigating it when that story got published. Our sources had said that the deal was going to be between $3 billion and $4

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PS5 or Xbox Series X? Which next-gen consoles we’re buying and why

We’re extremely close to next-gen consoles and we’re excited! The Xbox Series X and Series S launches on November 10. The PlayStation 5 hits stores two days later on November 12. 



The PS5 and Xbox Series X/S arrive in November. Sony/Microsoft


© Provided by CNET
The PS5 and Xbox Series X/S arrive in November. Sony/Microsoft

But which one should you buy? Which one can you buy now that pre-orders are out the window? 

That’s a tricky question with a lot of layers to dissect. The answer is, of course, it depends. Do you own a 4K TV? Do you subscribe to Game Pass? Are you a Halo fan or a God of War fan? Do you like Bethesda games or Naughty Dog games?

We thought we’d ask the dedicated gamers on CNET’s staff which consoles they’re planning to buy and in what order.

Mark Serrels



a close up of electronics: If you have a 4K TV you most likely want to go with the Series X over the Series S. Microsoft


© Provided by CNET
If you have a 4K TV you most likely

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Xbox Series or PS5? Which next-gen consoles we’re buying and why

We’re perilously close to the launch of next generation consoles . The Xbox Series X and Series S launches on November 10. The PlayStation 5 hits stores two days later on November 12. 



The PS5 and Xbox Series X/S arrive in November. Sony/Microsoft


© Provided by CNET
The PS5 and Xbox Series X/S arrive in November. Sony/Microsoft

(If you were lucky enough to snag a preorder.)

But which one should you buy? That’s a tricky question with a lot of layers to dissect. The answer is, of course, it depends. Do you own a 4K TV? Do you subscribe to Game Pass? Are you a Halo fan or a God of War fan? Do you like Bethesda games or Naughty Dog games?

We thought we’d ask the dedicated gamers on CNET’s staff which consoles they’re planning to buy and in what order.

Mark Serrels



a close up of electronics: If you have a 4K TV you most likely want to go with the Series X over the Series S. Microsoft


© Provided by CNET
If you have a 4K TV you most likely want

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The Case for Buying Asia Stocks Over U.S. Ones

(Bloomberg) — An expected surge in election-related volatility in the U.S. stock market is paving the way for Asian shares to make a run at besting their American peers.

Since hitting an all-time low relative to the S&P 500 on Sept. 2, the MSCI Asia Pacific Index has outperformed the U.S. benchmark by almost five percentage points. That nascent trend is expected to persist at least through the November poll and potentially beyond, according to strategists.



chart: Asia-Pacific stocks languishing close to record relative low vs U.S.


© Bloomberg
Asia-Pacific stocks languishing close to record relative low vs U.S.

“There is a better than average chance that Asian stocks will outperform U.S. stocks over the course of the next month,” said Eoin Murray, head of investment for international business at Federated Hermes. “The volatility rise will be more pronounced in U.S. risk assets, and will pervade more globally but with less strength.”

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Fears about a contested election result and

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Twilio is buying customer data startup Segment for between $3B and $4B

Sources have told TechCrunch that Twilio intends to acquire customer data startup Segment for between $3 and $4 billion. Forbes broke the story on Friday night, reporting a price tag of $3.2 billion.

We have heard from a couple of industry sources that the deal is in the works and could be announced as early as Monday.

Twilio and Segment are both API companies. That means they create an easy way for developers to tap into a specific type of functionality without writing a lot of code. As I wrote in a 2017 article on Segment, it provides a set of APIs to pull together customer data from a variety of sources:

Segment has made a name for itself by providing a set of APIs that enable it to gather data about a customer from a variety of sources like your CRM tool, customer service application and website and pull

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Make cash on your old device before buying new model

CLOSE

According to Decluttr, current iPhone models are estimated to drop 15% in value, on average, within the first month of the iPhone 12 launch.

USA TODAY

Tempted to upgrade to a shiny new iPhone, expected to be unveiled next week?

You’re not alone – especially since it will be the first 5G-ready iPhone.

The iPhone 12 family will take advantage of emerging fifth-generation cellular networks, which offer much faster data speeds in select markets, among other benefits.

What’s more, Apple will likely add a Touch ID sensor to the side of the new iPhone – as the company just introduced in its new iPad Air – making it easier to log on and buy things while wearing a face mask.

And to make an upgrade even more enticing, many mobile providers and retailers are offering a trade-in incentive, and several sites want to buy your old tech. After all,

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The Case for Buying Asia Stocks Over U.S. Ones as Election Nears

Japan Stocks Look to Cap Fourth Weekly Gain After Rate Decisions

Photographer: Kiyoshi Ota/Bloomberg

An expected surge in election-related volatility in the U.S. stock market is paving the way for Asian shares to make a run at besting their American peers.

Since hitting an all-time low relative to the S&P 500 on Sept. 2, the MSCI Asia Pacific Index has outperformed the U.S. benchmark by almost five percentage points. That nascent trend is expected to persist at least through the November poll and potentially beyond, according to strategists.

Asia-Pacific stocks languishing close to record relative low vs U.S.

“There is a better than average chance that Asian stocks will outperform U.S. stocks over the course of the next month,” said Eoin Murray, head of investment for international business at Federated Hermes. “The volatility rise will be more pronounced in U.S. risk assets, and will pervade more globally but with less strength.”

Fears about a contested election result and President Donald Trump’s decision not to push for further stimulus

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Morgan Stanley buying Boston-based Eaton Vance in deal valued at $7 billion

NEW YORK (AP) — Morgan Stanley is buying the investment management firm Eaton Vance in a deal valued at about $7 billion.

Eaton Vance, based in Boston, has over $500 billion in assets under management.

Morgan Stanley Chairman and CEO James P. Gorman said in a prepared statement Thursday that Eaton Vance will add more fee-based revenues to its investment banking and institutional securities franchise. The deal will give Morgan Stanley’s investment management arm approximately $1.2 trillion of assets under management and more than $5 billion of combined revenues.

Eaton Vance shareholders will receive $28.25 per share in cash and 0.5833 of Morgan Stanley common stock, or approximately $56.50 per share. Based on the $56.50 per share, the amount paid to Eaton Vance shareholders will consist of about 50 percent cash and 50 percent Morgan Stanley common stock.

Each Eaton Vance shareholder will have the option to choose all cash

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‘Triller Money’: How a TikTok Competitor Is Buying Star Power

When talk of a possible TikTok ban began in July, the leaders of a small social video app called Triller saw a growth opportunity.

To attract users, the company set its sights on TikTok’s biggest names. Some of the Sway Boys, a group of TikTok influencers, had been toying with the idea of building their own app to compete with TikTok, but after a discussion with Ryan Kavanaugh, the majority owner of Triller and a veteran entertainment executive, they decided the platform could be good for them.

Triller offered the creators a deal: Tell your audience on TikTok that you’re moving to Triller, and we’ll give you equity and roles within the company. You can still post on TikTok, they were told, but only if you post on Triller more frequently. In turn, of the Sway Boys, Josh Richards, 18, was named Triller’s chief strategy officer, and Griffin Johnson, 21,

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