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A Few Takeaways From Facebook's F8 Developer Conference
Wednesday, April 19, 2017 - 12:46pm | 630Facebook Inc's (NASDAQ: FB) two-day annual developer conference provides attendees with the opportunity to interact with Facebook products and experts through sessions scheduled over April 18 and 19. Here are a few takeaways from the conference. AR/VR Platform Facebook launched a new...
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Diversification Could Be The Power-Up GameStop's Strategy Needs Now
Friday, March 24, 2017 - 12:05pm | 313GameStop Corp. (NYSE: GME) reported its fiscal fourth-quarter 2016 results in line with recently lowered expectations. With the game segment continuing to be under pressure, the focus is on the company’s diversification strategy, Baird’s Colin Sebastian said in a report. While...
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Virtual Assistants, Voice Technology: Winners And Losers
Monday, March 6, 2017 - 4:51pm | 709Following an expert call with Brian Roemmele, an expert and visionary in voice-internet and digital payments, Baird picked the potential winners and losers among companies operating in the voice technology space. The Winners Presenting Roemmele's view, analyst Colin Sebastian said Amazon.com,...
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Here's How Wall Street Investors, Analysts Felt About Amazon's Q4 Earnings
Sunday, February 5, 2017 - 6:52pm | 777Online retail giant Amazon.com, Inc. (NASDAQ: AMZN) reported Thursday after the close fourth-quarter earnings of $1.54 per share, ahead of the $1.35 per share consensus estimate. This was up from $1 in the year-ago period. Revenues during the quarter that encompasses the holiday selling season...
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Do Amazon's Margins Give It A Moat To Protect Against Decelerating Sales?
Friday, February 3, 2017 - 3:45pm | 311Colin Sebastian of Baird maintains an Outperform rating on Amazon.com, Inc. (NASDAQ: AMZN) with an unchanged $850 price target after the company's fourth-quarter earnings report offered investors sufficient reason to be positive. On The Quarter Sebastian quickly pointed out that Amazon's revenue...
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Investors Worried About Facebook's Margins Are Missing The Point
Thursday, February 2, 2017 - 1:17pm | 426Facebook Inc (NASDAQ: FB) once again showed why it is the No. 1 social network by reporting a fourth-quarter beat on both top and bottom line, fueled by massive growth in user base that in turn boosted ad revenues and pricing. Print's Summary Here are the key highlights of the Q4 print: Q4 EPS at...
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Shutterfly Gets Swatted; Baird Downgrades After Disappointing Q4
Thursday, February 2, 2017 - 11:28am | 365Although Shutterfly, Inc. (NASDAQ: SFLY) shares have outperformed through 2016, Baird’s Colin Sebastian believes that the company’s Q4 results “uncovered a couple of product and execution issues previously unknown that depress near-term growth, and along with a revised timeline...
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Things To Watch For As Internet Earnings Season Continues This Week
Monday, January 23, 2017 - 4:56pm | 610Following last week’s positive report from Netflix, Inc. (NASDAQ: NFLX), several internet firms will be reporting their earnings numbers this week. Those key names include Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon.com, Inc. (NASDAQ: AMZN), Facebook Inc (NASDAQ: FB) and Alibaba Group...
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Artificial Intelligence, Machine Learning Could Threaten Apps
Wednesday, January 18, 2017 - 11:51am | 503The key takeaways from the AI Frontiers Conference, held on January 11–12, include “the central role that AI/ML [Artificial Intelligence/Machine Learning] capabilities are playing within Internet/technology companies, emergence of voice/virtual assistants” and the significant...
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Internet Stocks In 2017: Look For Platform Leaders
Tuesday, January 10, 2017 - 12:22pm | 426“Following the post-election pull-back in large-cap internet, we begin 2017 recommending that investors opportunistically add/build positions in platform leaders,” Baird’s Colin Sebastian said in a report. Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon.com, Inc. (NASDAQ: AMZN...
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EBay Makes A Quiet Acquisition To Add To Machine Learning Capabilities
Thursday, October 6, 2016 - 2:40pm | 344EBay Inc (NASDAQ: EBAY) has acquired privately-held tech company Corrigon for a price reportedly less than $30 million. Baird analyst Colin Sebastian sees the acquisition as an under-the-radar move to boost eBay’s machine learning capabilities. Corrigon specializes in visual search technology...
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Google's Pixel Phone: Everything You Wanted The iPhone To Be
Wednesday, October 5, 2016 - 2:20pm | 454Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google Pixel phone has everything users could have wanted from the Apple Inc. (NASDAQ: AAPL) iPhone. Therefore, tough competition between the two big firms is in the cards. Baird Equity Research pointed out that the new Pixel phone would have a...
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Investors Starting To Recognize eBay's Potential For Improving Growth
Friday, September 9, 2016 - 10:45am | 330Baird’s Colin Sebastian mentioned that the proprietary eBay Marketplace Tracker indicated that eBay Inc (NASDAQ: EBAY) continued to see steady growth in the mid-single-digit range year-over -ear in August. Sebastian maintains an Outperform rating on the company with a price target of $35....
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Baird Analysts Reflect On Activision And The 'Call Of Duty: Experience 2016' Convention
Wednesday, September 7, 2016 - 12:24pm | 361Following Activision Blizzard, Inc. (NASDAQ: ATVI)'s “Call of Duty Experience” event in Los Angeles, Baird’s Colin Sebastian believes that the scheduled holiday released of Infinite Warfare was progressing on track. Sebastian maintains an Outperform rating on the company, with a...
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Facebook Investor Concerns Over Growth Are 'Overblown'
Tuesday, September 6, 2016 - 1:27pm | 389Shares of Facebook Inc (NASDAQ: FB) were trading higher by more than 2 percent on Tuesday as investor confidence was restored following an encouraging research report by analysts at Baird. According to Baird's Colin Sebastian, concerns surrounding Facebook's growth prospects "seem overblown," and...