Tech Today: AMD’s Rising Prospects, Apple’s iPhone Plans, Defending Adobe

Avalara is the latest cloud darling to hit public markets, up 66% on its debut, AMD shares are rising as the chip maker gets thumbs up from two analysts for its improving prospects relative to Intel, Apple's iPhone plans are assessed and the shifting outlook pushes down shares of OLED supplier Universal Display, bulls on Adobe stock say there's nothing to worry about in the muted reaction to its quarterly results, the Trump Administration increases tariffs on Chinese goods but the other shoe, export controls, has yet to drop, and Qualcomm stock rises on speculation China has decided to bless its proposed acquisition of NXP Semi.

Apple Pushes Privacy as Facebook Exec Steps Down

So when Apple (AAPL) vowed to make it harder for law enforcement agencies to gain access to information on iPhones, the declaration was a not-so-subtle reminder the company approaches the customers' personal information more seriously than a certain social network. That point was driven home this afternoon, with the news that Elliot Schrage, Facebook's policy and communications head, had stepped down after a decade at the company.

Tech Today: Apple Suppliers Rocked, Stitch Fix Soars, Snap a Work in Progress

Shares of Cirrus Logic, Skyworks Solutions and other Apple suppliers drop on word the iPhone may see 20% lower production rates this year compared to last, Snap is a work in press according to Aegis Capital's Victor Anthony, Verizon names a new CEO, PayPal has expanding opportunities with Visa and MasterCard collaborations, the chorus is rising about slowing sales of chip equipment, and the market for storage equipment using flash-based storage is on fire accordion to Morgan Stanley's Katy Huberty.

Apple WWDC: 2019 to See Mac, iOS Integration

Apple's annual developer conference kicks off in San Jose. CEO Tim Cook and execs focused on setting "app limits" to stop uncontrolled binging of phone usage, vowed to fight data companies' "fingerprinting" of people's computers, and said the company does not intend to merge its Mac computer software and iPhone and iPad software, though it will bring some commonalities to the platforms next year.

Tech Today: Defending Micron, Apple’s Narrative, Can Tesla Make Cars?

Tesla's ability to meet Model 3 production goals is questioned by Needham analyst Rajvindra Gill as he starts the stock at Hold, Google's signing on more Chrysler SUVs for its Waymo self-driving unit and perhaps pointing a way to monetizing that business according to Morgan Stanley, Apple shares get a price target increase at UBS as its "narrative" shifts, Micron Technology's stock is defended by MIzuho analyst Vijay Rakesh after being downgraded yesterday at Morgan Stanley, and Workday's quarterly results come up short even as new cloud software darling Zuora zooms 17% on its results.

Tech Today: Apple’s Gloomy Outlook, Salesforce Rising, Mixed on HP

Apple better get set for a lackluster 2019 according to Maxim Group, HP shares jump 4% but many bulls remain worried about soft overall trends in PCs and printing, Smartphones are set for only very modest growth for years to come, Salesforce stock rises on multiple price target increases, and memory-chip trends look continue to be favorable for Micron Technology according to analyst Weston Twigg at KeyBanc.

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.

Tech Today: Buffett Loves Apple, Tesla Tweet Storm, Pandora Soars

Warren Buffett has gone whole hog on Apple with a $43 billion position that marks Berkshire's largest single holding ever, bulls defended Arista Networks after a 10% drop, Pandora is restoring faith according to newfound bulls on the stock, Alibaba beats with its outlook, and Elon Musk defends his "bizarre" conference call in a series of tweets.

Ams CEO Everke Envisions a Vast Universe of Sensors

Alexander Everke wants to take Austria's Ams AG from being just a bit player in Apple's iPhone to being a powerhouse of sensors. He has pursued a slew of M&A deals to assemble what he believes is an unstoppable assortment of sensor chips under one roof.

Ams CEO Everke Envisions a Vast Universe of Sensors

Alexander Everke wants to take Austria's Ams AG from being just a bit player in Apple's iPhone to being a powerhouse of sensors. He has pursued a slew of M&A deals to assemble what he believes is an unstoppable assortment of sensor chips under one roof.