Blogs -Top Tech Stock News: 7 Things You Missed This Week (20-Sep-2019)

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 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.

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.

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.

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.

Gains of up to 403% from our Free Newsletter.

Here are sample stock gains from the I/O Fund’s newsletter --- produced weekly and all for free!

+344% on Nvidia

+403% on Bitcoin

+218% on Roku

*as of March 15, 2022

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 324% on Zoom, 601% on Nvidia, 445% on Bitcoin, and 4-digits on an alt-coin. 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. 


More To Explore


Stocks, Oil and the Dollar

Stocks, Oil and the Dollar

The two most important markets that are driving the S&P 500 is oil and the US dollar. Both are suggesting a continuation of the equity rally for another leg higher, but then the also suggest a return

September 15, 2023
Major Top or One More High

Major Top or One More High

September is widely known to be the worst month for tech as it’s the only month to see negative average returns for the past decade for the Nasdaq 100. Meanwhile, the index is entering September up 42

September 08, 2023
Tesla's Margins: How Low Will They Go?

Tesla’s Margins: How Low Will They Go?

Tesla stock has rallied through most of 2023 during a time when consensus was estimating sales to grow +23% y/y but earnings to decline 15%. The main driver behind the decline in earnings estimates is

August 31, 2023,format

Nvidia Stock: How We Plan To Position For Q2 Earnings

Nvidia guided fiscal Q2 at $11 billion, which is 53% higher than analyst expectations of $7.2 billion. The stock was up 25% after hours, adding $200 billion to its market cap in the matter of a day.

August 29, 2023
Alphabet Stock: Search Giant Is Just Getting Started

Alphabet Stock: Search Giant Is Just Getting Started

Going into this year, we were positioned for bottom-line focused investment themes that we felt would be able to deliver earnings growth due to secular demand for its products, and in some cases, be a

August 16, 2023
This Next AI Trend Could be Worth Trillions

This Next AI Trend Could be Worth Trillions

In the clip below, Beth Kindig discusses how AI will drive stock market caps well into the trillions of dollars.

August 04, 2023
Nasdaq Stock Exchange Building


On June 30th, the NASDAQ posted the strongest first six months in the index’s history, dating back to 1971. The 6-month returns of 30.5% in 2023 easily beats the prior record of 25.2% in 2019. The maj

August 01, 2023
Tesla Q2 Earnings - It's About Margins

Tesla Q2 Earnings – It’s About Margins

After the strong rally, it appears the market is taking profits on commentary around the outlook for margins. It’s not only that they were lower quarter-over-quarter (QoQ), but also Tesla provided zer

July 25, 2023,format

Semiconductor Stocks: Q2 Sector Overview

Semiconductors are the common denominator across the burgeoning technology trends of the next decade. Artificial Intelligence, 5G, high-performance computing, Internet-of-Things, gaming, electric vehi

July 18, 2023
Where Nvidia's Stock Price Will Go Next

Where Nvidia’s Stock Price Will Go Next

In May and June, I stated that our firm was not buying Nvidia right now. Well, similar to the weather, this has changed.

July 05, 2023

Sign up for Analysis on
the Best Tech Stocks
The I/O Fund specializes in tech growth stocks and offers in-depth research for Premium Members. Investors get access to a transparent portfolio of 30 positions, a private forum, webinars, and real-time trade notifications. Sign up for Premium.

We are on social networks

Copyright © 2010 - 2023
Get Free Weekly Analysis on the Best Tech Stocks