Author: Chris Lewis

Chris Lewis is Tech Insider's Senior Equity Research analyst covering Internet and Interactive Entertainment. Prior to joining TI in 2011, Chris spent six years at Baird Capital having established the company’s Internet and Video Game research practice. Prior to Wall Street, Chris was a business analyst developing software at Chubb Corporation, and was a co-founder and CFO of Latin American career services website Detacuche.com. Chris appears frequently in the financial and industry press, including CNBC, Bloomberg, CNN, Wall Street Journal, and Financial Times, among others.
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Analysis

Facebook (NASDAQ:FB) Finds Resistance; Twitter (NYSE:TWTR) Trading Higher

Facebook (NASDAQ: FB) shares are trading lower by $0.43 at $71.14 in Thursday’s trading. For the second day in a row, the contract has found resistance just under $72.00. After reaching $71.97 on Wednesday, FB stopped just shy of that level at $71.89 before retreating to $70.98. Facebook (NASDAQ:FB)’s stock on March 6, 2014 was down .73% trading at $71.04 mid afternoon. Its fifty two week … Continue reading Facebook (NASDAQ:FB) Finds Resistance; Twitter (NYSE:TWTR) Trading Higher

Chris Lewis
news

Investor Alerts: PFSweb (NASDAQ:PFSW), TCP Capital (NASDAQ:TCPC), Warren Resources (NASDAQ:WRES), WuXi Pharmatech Cayman Inc. (NYSE:WX)

PFSweb (NASDAQ:PFSW) is higher after the company on Thursday reported better-than-expected financial results for Q4. Shares are up 3.18% at $9.09 in late-morning Thursday trade, near its 52-week high of $9.60. The eCommerce firm reported Q4 non-GAAP earnings of $0.06 per share, compared with the prior-year period’s $0.07 per share. The Capital IQ consensus estimate was for $0.02 per share. PFSweb (NASDAQ:PFSW)’s GAAP loss for … Continue reading Investor Alerts: PFSweb (NASDAQ:PFSW), TCP Capital (NASDAQ:TCPC), Warren Resources (NASDAQ:WRES), WuXi Pharmatech Cayman Inc. (NYSE:WX)

Chris Lewis
Analyst Actions

NXP Semiconductors (NASDAQ:NXPI) Price Target Upped to $70 by Drexel Hamilton

In a research not issued on Wednesday, Drexel Hamilton increased their price target to $70 for NXP Semiconductors (NASDAQ:NXPI). Highlights from the report include: A broadening economic upturn providing global cyclical lift benefits well-situated NXP (NASDAQ:NXPI), especially in mobiles, autos, security and industrial Customers entering the year with moderate inventories are now faced with establishing buffer stocks that will benefit orders and build backlog Resulting … Continue reading NXP Semiconductors (NASDAQ:NXPI) Price Target Upped to $70 by Drexel Hamilton

Chris Lewis
Analysis

Sun Hydraulics (NASDAQ:SNHY) Posts Q4 EPS Miss, EPS Guidance In Line; Guidewire Software (NYSE:GWRE) Tops Street

Sun Hydraulics (NASDAQ:SNHY) reported mixed financial results for Q4 and issued guidance for Q1 earnings in line with and revenue below Street estimates. The designer and manufacturer of crew-in cartridge valves and manifolds used in hydraulic systems reported Q4 earnings of $0.32 per share, compared with the prior-year period’s $0.26 per share. Revenue was $49.05 million, up 13.4% from $43.24 million in the same quarter … Continue reading Sun Hydraulics (NASDAQ:SNHY) Posts Q4 EPS Miss, EPS Guidance In Line; Guidewire Software (NYSE:GWRE) Tops Street

Chris Lewis
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Earnings

Stocks Roundup: MBII, SWY, VLO, ACMP, EXLP

Marrone Bio Innovations, Inc. (NASDAQ:MBII), a global provider of bio-based pest management and plant health products, said its Venerate Bioinsecticide has received federal registration from the EPA. BMII was up about 5% in Monday’s session, hitting a session high of $15.21 and trading in a 52-week range of $12.27 to $20.00. The insecticide controls a broad spectrum of pests and will be sold into a … Continue reading Stocks Roundup: MBII, SWY, VLO, ACMP, EXLP

Chris Lewis
Analysis

Russian Stocks Tumble – Yandex (NASDAQ:YNDX), QIWI (NASDAQ:QIWI), Mechel (NYSE:MTL), Lukoil (OTCMKTS:LUKOY)

Shares of Yandex (NASDAQ:YNDX) and other major Russian stocks trading in the West, including their American ADRs, fell on the escalating political and military crisis in the Ukraine. Yandex (NASDAQ:YNDX) , Russia’s largest search provider, fell 13.79% to $32.33 in afternoon trading. QIWI (NASDAQ:QIWI), an online payment systems provider, plunged 16.26% to $39.05. Mining company Mechel (NYSE:MTL) fell 7.37% to $1.76.   Lukoil (OTCMKTS:LUKOY), an integrated oil … Continue reading Russian Stocks Tumble – Yandex (NASDAQ:YNDX), QIWI (NASDAQ:QIWI), Mechel (NYSE:MTL), Lukoil (OTCMKTS:LUKOY)

Chris Lewis