NEW YORK (CNNMoney) -- Technology names were all the rage on StockTwits Monday, with tweets focusing on Apple, Amazon, Sina and Baidu.
Apple (AAPL, Fortune 500) shares rose more than 1%, after touching a new low for the year last week. The bounce came amid reports that Apple will release two new versions of the iPhone in September and after a Morgan Stanley analyst issued a 'buy' recommendation on the stock.
A separate report from Morgan Stanley lifted Amazon (AMZN, Fortune 500)'s shares 3%. Morgan Stanley boosted its price target on Amazon to $245 from $225, and added the stock to its Best Ideas List.
Chinese websites were also abuzz.
Sina Corp. (SINA) shares were up 6% following a Wall Street Journal report saying the company's Sina Weibo is already China's version of Twitter, and now it wants to be a Chinese Facebook too.
China's search giant Baidu (BIDU) was also a hot topic, with shares rising almost 3%.
All of that is giving StockTwits users plenty to tweet about:
ericjackson: That $AAPL 4gs phone news is huge for China (prepaid market).
triplexx: $AAPL could this be the real McCoy for a change?
Sangluccitrades: $AMZN is strongoooo, setting up for all time highs or a big crash?
investingnstuff: Internet censorship in China is not a big obstacle as people think. There are loopholes. $SINA #FACEBOOK
raoul_duke: $BIDU BUY BUY BUY...$SINA...BUY BUY BUY...china plays about to explode to upside...when tightening is done..watch out!!!buy baby buy!!!
patfarlow: $BIDU 100 day and 50 merging here, would like to see these broken before i go long #WORDEN
Index | Last | Change | % Change |
---|---|---|---|
Dow | 32,627.97 | -234.33 | -0.71% |
Nasdaq | 13,215.24 | 99.07 | 0.76% |
S&P 500 | 3,913.10 | -2.36 | -0.06% |
Treasuries | 1.73 | 0.00 | 0.12% |
Company | Price | Change | % Change |
---|---|---|---|
Ford Motor Co | 8.29 | 0.05 | 0.61% |
Advanced Micro Devic... | 54.59 | 0.70 | 1.30% |
Cisco Systems Inc | 47.49 | -2.44 | -4.89% |
General Electric Co | 13.00 | -0.16 | -1.22% |
Kraft Heinz Co | 27.84 | -2.20 | -7.32% |
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5/1 ARM | 3.84% | 3.88% | |
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