This week’s tech world gets an interesting start as computer icon Hewlett-Packard breaks its company into two parts. Here are five stocks to watch today:
Hewlett-Packard. HP, which got its start in a Palo Alto garage 75 years ago but has been undergoing a multiyear restructuring, announced a historic breakup Monday. Its personal computer and printer businesses will use the name HP Inc. while its corporate hardware and services will take the name Hewlett-Packard Enterprise. Investors are welcoming the news as its shares are rising nearly 7% this morning to $37.41 a share.
Tesla Motors. The innovative maker of luxury electric cars may make news of its own this week. It’s expected to announce that it’s adding a suite of high-tech features, including one that helps drivers keep their car in the lane, according to Automotive News reports, citing “a person familiar with the carmaker’s plans.” Before today’s bell, its shares are rising 1% today to $257.98.
Apple. The tech giant will update its iPads at an event on Oct. 16, according to a Re/code report, which expects the unveiling of a new iPad Air. It may also announce an update of the iMac and OS X Yosemite at the same event. Its stock is inching up less than 1% in pre-market trading to $100 a share.
Facebook. The social media giant is planning a mobile payments system using its Facebook Messenger iPhone app, according to screenshots from hidden features of the app that are reported today by The Guardian. “With Facebook Messenger, you attach money just like you attach a photo or a location,” Andrew Aude, an iOS developer, security researcher and Stanford University student who discovered the service, said in the story.
- Investors seem to like the positive reviews about the company’s latest camcorder the popular Hero 4 that can shoot 4K at 30 frames per second. Its stock, which has soared since the company went public in June, is up 2% in pre-market trading to $88.70 This week’s tech world gets an interesting start as computer icon Hewlett-Packard breaks its company into two parts. Here are five stocks to watch today:
Hewlett-Packard. HP, which got its start in a Palo Alto garage 75 years ago but has been undergoing a multiyear restructuring, announced a historic breakup Monday. Its personal computer and printer businesses will use the name HP Inc. while its corporate hardware and services will take the name Hewlett-Packard Enterprise. Investors are welcoming the news as its shares are rising nearly 7% this morning to $37.41 a share.
Tesla Motors. The innovative maker of luxury electric cars may make news of its own this week. It’s expected to announce that it’s adding a suite of high-tech features, including one that helps drivers keep their car in the lane, according to Automotive News reports, citing “a person familiar with the carmaker’s plans.” Before today’s bell, its shares are rising 1% today to $257.98.
Apple. The tech giant will update its iPads at an event on Oct. 16, according to a Re/code report, which expects the unveiling of a new iPad Air. It may also announce an update of the iMac and OS X Yosemite at the same event. Its stock is inching up less than 1% in pre-market trading to $100 a share.
Facebook. The social media giant is planning a mobile payments system using its Facebook Messenger iPhone app, according to screenshots from hidden features of the app that are reported today by The Guardian. “With Facebook Messenger, you attach money just like you attach a photo or a location,” Andrew Aude, an iOS developer, security researcher and Stanford University student who discovered the service, said in the story.
- Investors seem to like the positive reviews about the company’s latest camcorder the popular Hero 4 that can shoot 4K at 30 frames per second. Its stock, which has soared since the company went public in June, is up 2% in pre-market trading to $88.70
