Tech Today: Square Unzettled, Debating AMAT, Google’s 60 Minutes

Google will be the star of a segment on 60 minutes this weekend discussing its monopoly power, Square stock is unsettled by PayPal's iZettle deal, Applied Materials dropped sharply and the Street debates how serious the cut in outlook is for the equipment supplier, and chip-equipment competitors Lam and KLA-Tencor are hit by the fallout, KeyBanc's Michael McConnell writes the overall chip market is doing great, and Advanced Micro Devices gets the thumbs up at Cowen.

Will Whole Foods Discount Leave Amazon Holding the Bag?

Amazon's plan to offer discounts to Prime members who shop at Whole Foods Market is part of a developing plan for domination in the worlds of e-commerce and retail. But it doesn't go far enough, and its financial impact is negligible, Loop Capital Markets said in a report today.

Tech Today: Debating Cisco, Dropbox Versus Google, Liking Teradata

Cisco shares slump as analysts debate whether its transformation is moving fast enough, Pandora Media's doing great with its own stealth transformation according to Stifel, PayPal can pay out big time with its cash pile according to Raymond James, Deutsche Bank tells Dropbox fans not to worry about low-cost competition from Google, Stifel warms up to Teradata's move away from super-computing big iron to software, bull and bear debate the outlook for video game maker Take-Two, and Goldman says Tesla is going to need a lot more money in future than you think.

Cisco CFO Kramer: Back to Growth in Campus Networking

Cisco's CFO, Kelly Kramer, tells Barron's the transition of the company to more "recurring revenue," including software subscriptions, is proceeding nicely, even if some bears seem to always think it's not happening fast enough. A nice highlight of Cisco's quarterly results is the return to growth in its network switch sales for corporate "campus" networks, where it faces new competition from Arista.

Tech Today: AMD’s Window of Opportunity, Spotify’s Churn, Defending AMAT

AMD has a window of opportunity as Intel's manufacturing hiccups, Spotify has good brand awareness but high churn as people seem content with free stuff, Square's "Cash" app is catching up with PayPal's Venmo on app downloads, Applied Materials is being punished for the slump in OLED displays but Stifel thinks the stock should be bought for the other LCD projects going on, Apple's still got good trends for its iPhone and inventory is clearing, Canaccord likes the earnings prospects at Qualcomm, Micron continues to enjoy less-bad pricing trends in memory chips, and Wells Fargo is upbeat about AT&T after spending a day with its CFO.

Facebook Shares Numbers on Security Crackdown

Facebook said it discovered and lacerated 837 million pieces of spam, 583 million fake accounts, 21 million instances of nudity and sexual activity, 3.5 million posts depicting violent content, 2.5 million examples of hate speech, and 1.9 million pieces of terrorist content.

Tech Today: Cutting Tesla’s Margins, Apple Services Slowdown, Mixed Views on Pivotal

Tesla's margin outlook cut at Morgan Stanley and it's gonna need more money than originally thought, Pivotal Software gets mixed reviews from underwriters, Apple's services business may hit a speed bump this quarter according to Bernstein, Micron Technology's shares are unfairly discounting the NAND flash business according to Stifel's Kevin Cassidy as he raises his price target on the shares to $101, Symantec does some explaining regarding its accounting investigation but it raises new worries the management could be at risk, and Nokia's feeling pretty chipper about the 5G orders it's seeing.