Shares of Amazon.com Inc. (AMZN) and The Walt Disney Company (DIS) are down marginally in pre-market hours despite positive profiles in this weekend’s edition of Barron’s.
Shares of $245.20 billion market cap Amazon are up 62.85% year-over-year and 68.92% year-to-date. Shares of Disney have lost $0.65 to $99.65 in early trading on Monday, giving it a market cap of roughly $169 billion. The stock traded as high as $122.08 in August 4, 2015.
Shares of Netflix, Inc. (NFLX) are lower by nearly 1% to $101.25 in pre-market trading on Monday following a New York Times article detailing news the video-streaming company has acquired rights to 3 more shows, which are: “Jane the Virgin”, “Zoo”, and USA’s post-apocalyptic drama “Colony”. The deals follow Netflix’s announcement this month that it acquired the exclusive global rights for ABC’s hit drama “How to Get Away With Murder.”
Atmel Corporation (ATML) is up 6.61 percent to $8.55 based on a Reuters report that Cypress Semiconductor Corporation (CY) is working on an offer to acquire the U.S. chipmaker. Atmel has already agreed to sell itself to Dialog Semiconductor Plc.
Facebook, Inc. (FB) — The social networking giant has introduced a new product that lets advertisers buy Facebook ads in a similar way to how they would buy TV commercials. The introduction comes ahead of New York City’s “Advertising Week” event, with Facebook also announcing it now has 2.5 million active advertisers compared to 2 million in February.
Apple (AAPL) – The tech giant today announced it has sold more than 13 million new iPhones during the debut weekend of its latest handsets. Cupertino sold 10 million iPhones during the debut of the iPhone 6 and 6 Plus last year. Apple also said iPhone 6s and iPhone 6s Plus will be available in more than 40 additional countries beginning October 9 including Italy, Mexico, Russia, Spain and Taiwan. The new iPhones will be available in over 130 countries by the end of the year.
“Sales for iPhone 6s and iPhone 6s Plus have been phenomenal, blowing past any previous first weekend sales results in Apple’s history,” stated Tim Cook, Apple’s CEO. “Customers’ feedback is incredible and they are loving 3D Touch and Live Photos, and we can’t wait to bring iPhone 6s and iPhone 6s Plus to customers in even more countries on October 9.”