Top Tech Stock News: 7 Things You Missed This Week (20-Sep-2019)
September 20, 2019
Beth Kindig
Lead Tech Analyst
1. Amazon Altered Search Algorithms to Promote Certain Products
Amazon.com Inc. reportedly altered its product search system to better feature items which are more profitable for the company. According to reports, Amazon had apparently optimized its search algorithm late last year, so that instead of showing the most relevant and best selling items, it will instead promote items which are most profitable to the company.
The move to change the search algorithm was the result of several years of discussions with Amazon’s Seattle retail interests, which supported the changes, and the company’s California-based search team, who opposed it.
Any changes to Amazon’s search system will greatly affect many businesses because of how shoppers use the search bar to find items online. According to marketing analytics firm Jumpshot, nearly two thirds of all product traffic comes from first page results. So the introduction of the new search algorithm will therefore shift priority from best-selling items to items which are most profitable to Amazon’s profit margins.
https://www.wsj.com/articles/amazon-changed-search-algorithm-in-ways-that-boost-its-own-products-11568645345
2. Apple Launches Apple Arcade
Apple recently launched the Apple Arcade app on September 19. This new app will allow players to play games that were developed over the course of several years.
According to the official Apple site, the Apple will include several interesting games with rich and subtle stories. One game, called ‘The Enchanted World,’ takes place in a magical fantasy setting, where a fairy is given the task of solving various puzzles in order to save her world.
Another game is ‘Patterned,’ and it involves coloring various puzzle pieces in order to complete a new canvas. Nate Dickens, who developed the game, claimed that he developed it as a way to ‘find calm.’
Two other popular games include “Overland,” a post-apocalyptic road trip type game and ‘Card of Darkness,’ a game that involves various card-type puzzles. Interested gamers can find more information on Apple’s app store.
https://www.apple.com/newsroom/2019/09/apple-arcade-its-time-to-play/
3. Elon Musk: Tesla Expanding Services at ‘Max Speed’
Tesla CEO Elon Musk recently reported that Tesla is now expanding its services at “Max Speed.” The new policy was intended to help Tesla balance its service capacity with its production capacity and fleet size, both of which grew significantly over the past two years. In contrast, Tesla’s service coverage lagged behind other aspects of the company, a problem that Musk admitted was a ‘foolish oversight.’
Now, the company is expanding the number of services centers that it has all over the world. In fact, Tesla announced last month that it will be opening more than 30 new service centers, and several more in the coming months. Some of the new service centers are also intended to complement the arrival of the new Model 3 in Europe.
Tesla announces more than 30 new service centers everywhere but on Mars
4. Oracle and Intel Collaborate on Next Generation Oracle Exadata X8M
Intel and Oracle recently announced that Oracle is incorporating the capabilities of the Intel Optane DC persistent memory into its new Exadata platform, the Oracle Exadata X8M. The new integrated platform will be used to support and power the Oracle Autonomous Database, Oracle Cloud Applications as well as the database infrastructure of several major banks, retailers and telecoms.
The Oracle Exadata X8M was designed to perform several tasks, including support for Online Transaction Processing (OLTP), database consolidation, machine learning as well as analytics and mixed workload database requirements.
The new integration is also expected to provide superior services activities that require sensitive latency, such as stock trading, data processing, security detection, financial trading and real-time interaction apps.
5. eBay to Offer Managed Payments Outside the US
Ecommerce giant eBay announced earlier this week that it recently launched Managed Payments in Germany. Managed Payment is a payment processing system that allows buyers to pay eBay for the items they buy instead of the sellers.
So far, there are ‘thousands’ of sellers in the US who are now integrated into the new system, but eBay plans to shift most or all of its sellers into the new system by 2021, which is intended to drive ‘significant efficiencies’ that will benefit both buyers and sellers by providing more payment options to buyers and giving sellers a more ‘streamlined’ way of managing their eBay accounts and businesses. eBay’s expansion of its Managed Payment Option is another step in its drive to transition buyers and sellers into the new payment system.
https://www.ecommercebytes.com/2019/09/17/ebay-launches-managed-payments-outside-the-us/
6. Cisco and Apple Team Up to Make the iPhone 11 More Wifi-Friendly
Apple and Cisco are teaming up to enhance the iPhone’s performance across different wireless networks. Their latest goal is to integrate the iPhone 11 with the WiFi 6.
However, Cisco and Apple’s partnership is nothing new. The relationship was originally established back in 2015 with the goal of integrating Cisco ‘enterprise environments with iPhones and iPads. The partnership was driven – in part – by the growing role that smartphones and other similar devices played in modern commercial and entrepreneurial environments.
Cisco estimates that a total of 111.4 exabytes of mobile data traffic will be offloaded to Wi-Fi, and that a total of 8.4 billion mobile devices will be used all over the world by 2022.
7. Hewlett Packard Prepares for Post-Brexit Scotland
Hewlett Packard Enterprises is committed to a post-Brexit Scotland, regardless of how negotiations with the EU turn out. HPE’s Ray McGann said on a radio interview that “The lack of clarity maybe over the last three years has meant that nobody was taking any particular outcome for granted, therefore the planning would have taken the worst case.”
Furthermore, he also added that Hewlett Packard is working with several European partners on issues of logistics and shipments to make sure that they can withstand a hard Brexit scenario. “We’re confident we have the expertise, the knowledge to support the eventual outcome,” he added.
More importantly, Hewlett Packard also expects certain changes in how IT customers operate both in and outside of the UK. HPE’s Renfrewshire site, located at Erskine, is already prepared for the looming effects of a post-Brexit UK, and is ready to expand operations regardless of how negotiations turn out.
https://www.bbc.com/news/uk-scotland-scotland-business-49713197
Gains of up to 2,930% from our Free Newsletter.
Here are sample stock gains from the I/O Fund’s newsletter --- produced weekly and all for free!
2,930% on Nvidia
770% on Bitcoin
*as of Jan 07, 2025
Our newsletter provides an edge in the world’s most valuable industry – technology. Due to the enormous gains from this particular industry, we think it’s essential that every stock investor have a credible source who specializes in tech. Subscribe for Free Weekly Analysis on the Best Tech Stocks.
If you are a more serious investor, we have a premium service that offers lower entries and real-time trade alerts. Sample returns on the premium site include 4,415% on Nvidia, 1,365% on Chainlink, and 1,150% on Bitcoin. The I/O Fund is audited annually to prove it’s one of the best-performing Funds on the market, with returns that beat Wall Street funds.
Get a bonus for subscription!
Subscribe to our free weekly stock
analysis and receive the "AI Stock: 5
Things Nobody is Telling you" brochure
for free.
More To Explore
Newsletter
Why Solana is Outperforming Ethereum by 26,500% Since 2020
Ethereum has long been the frontrunner in decentralized apps (dApps) and blockchain innovation, but its scalability challenges have left the door open for competitors like Solana. Launched in March 20
The Best of I/O Fund’s Free Newsletter in 2024
The Best of I/O Fund’s Free Newsletter in 2024 highlights top-performing tech stocks, Bitcoin insights, and AI-driven market trends. Discover how I/O Fund delivered unparalleled analysis on Nvidia, Bi
Five Top Tech Stocks Of 2024: Year In Review
Below, I review five of the top stocks of 2024, selected based on their price action, fundamentals and presence withing leading tech themes. Choosing a top 5 means many great stocks were left off this
Where I Plan To Buy Nvidia Stock Next
The I/O Fund is tracking multiple supply chain signals indicating Blackwell sales will likely far exceed the GPU sales we saw in 2023 and 2024 combined – to the tune of bringing Nvidia to $200 billion
This Is Not Broadcom’s ‘Nvidia Moment’ Yet
Broadcom’s stock surged 35% in two days despite a mediocre Q4, as management offered investors a picturesque addressable market forecast for 2027. Q4 was not the blowout report the market made it out
Semiconductor Stocks Exposed To China With Tariffs Incoming
Semiconductor stocks will come into focus in 2025 as geopolitical tensions rise. China is likely to retaliate following Trump’s most recent threats of 10% additional tariffs to all Chinese goods. This
Shopify Stock Is A Black Friday Beneficiary That Faces Key Test In Q4
Black Friday and Cyber Monday e-commerce sales broke records again this year, with Adobe pointing out that US sales increased 10.2% YoY to $10.8 billion on Black Friday while Cyber Monday sales rose 7
Nvidia’s Stock Has 70% Potential Upside For 2025
Nvidia once again posted a $2 billion beat to consensus revenue estimates in Q3, reporting YoY growth of nearly 94% to over $35 billion in revenue. Data center revenue more than doubled in the quarter
Nvidia Stock Is A Buy On Dips Before Blackwell Arrives In 2025
Nvidia’s stock broke to all-time highs recently, trading at $148 in early November and $147 yesterday. The stock has left many investors wondering “what comes next” after the unrelenting, historic sur
AI Spending To Exceed A Quarter Trillion Next Year
Big Tech’s AI spending continues to accelerate at a blistering pace, with the four giants well on track to spend upwards of a quarter trillion dollars predominantly towards AI infrastructure next year