Vista Partners Daily Market Recap 10/8/2018

Despite opening down on Monday morning, U.S. stocks were mixed as the market closed. The S&P 500 dropped 0.04% (1.14 points). Likewise, the Nasdaq fell 0.67% (52.5 points) due in part to declines in tech stocks. While the Dow lost over 200 points in the morning, it ended the day with gains of 0.15% (39.73 points).

The Labor Department’s announcement on Friday that 134,000 jobs had been added in September was less than the 185,000 predicted by economists. This, along with comments made by Federal Reserve Chairman Jerome Powell that there is “a long way” to go to get interest rates to neutral, have caused growing worries of rising inflation.

Michael Wilson, Morgan Stanley’s chief U.S. equity strategist commented, “While 2017 saw rising rates and accelerating growth, we think the equity market is now wrestling with rising real rates and economic growth that will decelerate into next year…This creates a tipping point that explains many of the performance themes this week and lays the groundwork for something of a regime change…”


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Stocks mixed, Dow recovers from earlier losses

U.S. equities were mixed at the end of trading Monday after opening firmly in the red. Tech stocks traded lower on concern over trade tensions…

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SurveyMonkey’s IPO Is Upsized! Hits High of $20 In Its First Day of Trading!

SurveyMonkey (Nasdaq: SVMK ) is a leading global survey software company Founded in 1999. SurveyMonkey has changed the way people gather feedback by making it easy for anyone to create their own online surveys. Today, SurveyMonkey’s mission is to power curious individuals and organizations to measure, benchmark and act on the opinions that drive success. Their People Powered Data platform enables conversations at scale to deliver impactful customer, employee and market insights. The company’s 750+ employees are dedicated to fueling the curiosity of over 16 million active users globally. For more information about SurveyMonkey, please visit surveymonkey.com.

Today, SurveyMonkey went public on the Nasdaq. The IPO had great interest and was upsized to 15 million shares offered at $12/share above the expected range of $9 to $11 raising $180 million. The stock surged as high as $20 share or an increase of 67% before closing at $17/share in its first day of trading.

SurveyMonkey surges 42% in market debut, ends trading at $17 a share

The stock rose as much as 67 percent before settling to more modest gains…

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Leading Transportation Company Hires Cloud Services Provider Fusion

NYC based Fusion (Nasdaq: FSNN) is a leading provider of integrated cloud solutions to small, medium and large businesses.  Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud communications, contact center, cloud connectivity, and cloud computing. Fusion’s innovative, yet proven cloud solutions lower their customers’ cost of ownership and deliver new levels of security, flexibility, scalability, and speed of deployment.

Fusion announced recently today that it has secured a $1.1 million, three-year cloud solutions agreement to provide cloud voice and connectivity services to a major transportation company delivering third-party logistical services to businesses across North America. The transportation company cited Fusion’s engineering expertise in designing a flexible, easy to implement and use a technology solution that will facilitate and expedite the company’s move to the cloud. It also cited the professionalism of Fusion’s implementation team, which is providing dedicated project management and support for rapid deployment of Fusion’s integrated cloud voice and connectivity solutions.

Following a thorough review of service providers, it was reported that the transportation company chose Fusion for its comprehensive portfolio of leading edge, single source cloud solutions and its ability to deliver on its commitment to meet the company’s rigorous service delivery requirements. The company apparently indicated that it believes Fusion’s scalable, all-in approach will facilitate its plans for the adoption of additional cloud services to support the company’s growth over time. Deployment of Fusion’s fully integrated cloud solutions removes the complexities of operating in multi-vendor environments and will allow the expanding transportation company to focus on its core business as it optimizes its communications network.

Dan Foster, Fusion’s Chief Revenue Officer stated, “We’re pleased to have earned this leading transportation company’s confidence in migrating to the cloud with Fusion’s award-winning single source cloud solutions. Increasingly, we find that companies are recognizing the value of acquiring multiple services from a single provider, eliminating the frustrating finger-pointing that so often occurs in multi-vendor environments. Fusion’s consultative and dedicated sales, technology and support team delivered a customized solution that took into account the company’s present cloud-readiness while preparing for future adoption of additional advanced cloud services. We’re confident that Fusion will be able to increase productivity across the enterprise while controlling costs, and help the company scale as it grows.”

Fusion Wins $1.1 Million, Three Year Contract to Provide Cloud Communications Solutions for a Leading Transportation Company

NEW YORK, Sept. 25, 2018 (GLOBE NEWSWIRE) —  Fusion (FSNN), a leading provider of cloud services, announced today that it has secured a $1.1 million, three year cloud solutions agreement to provide cloud voice and connectivity services to a major transportation company delivering third party logistical..

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Adobe & Microsoft Incorporate A.I. In Creation of “Brand New Category and Industry”

Microsoft (MSFT)  and Adobe are working together to leverage artificial intelligence to create a “brand-new category and industry” by pushing deeper into customer relationship management.

Adobe saw a 21 percent revenue growth, year over year in its new experience cloud segment, which is the cloud-based enterprise business that weights Adobe Sensei’s machine learning and AI capabilities in customer relationship management. The new segment’s revenue, which launched in 2017, has already eclipsed Adobe’s document cloud.

The partnership between Adobe and Microsoft is expected to be extremely effective because Microsoft’s cloud platform Azure will allow businesses to analyze data at the pace they want to while Adobe’s enterprise solutions enable businesses to bring in new customers to the platform. Adobe’s $1.68 billion acquisition of Magento, an e-commerce platform will further propel the enterprise.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Adobe and Microsoft are using A.I. to create a ‘brand new category and industry,’ Adobe CEO says

Together with Microsoft, Adobe is leveraging artificial intelligence to push deeper into customer relationship management and create a “brand-new category in industry,” Adobe CEO Shantanu Narayen told CNBC on Friday…

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Will You Be One Of The First To Get Apple’s New iPhone Xs?

Dow 30 component Apple (AAPL) revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it.”

Apple revealed its new line of iPhones this week, a highly anticipated moments for both its consumers and investors. The flagship model of this line the iPhone Xs, which will be available in stores September 21, will cost $999. Also available September 21, the larger model, the Xs Max will cost $1,099 and the “budget” model will sell for $749.

Will you be one of the first to get one?… I will be waiting but I am always amazed at how many are willing to stand in line to be the first.

The new iPhone Xs, which is the same size as the current iPhone X, will be very similar to the iPhone X but will boast a faster processor, more dynamic display, and an upgraded camera. The new model will be available in gold, silver, and space gray.

The larger model, the iPhone Xs Max will be released as the largest iPhone ever with a screen of 6.5 inch. Both Xs models will be more splash and water-resistant with the ability to withstand up to six and a half feet of water for 30 minutes. The new line will also debut with features like better speakers, faster FaceID, improved display, and cameras that have new, larger sensors, bigger pixels, and faster processors.

“A12 Bionic” is the new processor for the phone line that will boost speed to 5 trillion operations per second. Along with all the new hardware updates, the new iOS, 12, promises to be nine times faster and use only a tenth of the energy.

The new iPhone Xs battery life adds an extra 30 minutes to the X and the Xs Max adds 90 minutes to the battery life.

iPhone Xr, the budget model, uses aluminum instead of steel and features a 6.1-inch LCD screen instead of an OLED screen which is more expensive and is what is used on the higher end iPhone models.

Learn more about Apple and track its ongoing progress at Vista Partners Apple (AAPL) Coverage Page.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Apple unveils new flagship phone for $1099 and ‘budget’ model for $749

Apple releases new iPhone models at its 2018 event…

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United Technologies Accelerates Global Digital Strategy with Acquisition of Predictive Analytics Software Company, Predikto

Dow 30 component United Technologies Corporation (UTX) creates smart, sustainable solutions that are used to provide high-technology systems and services to both the building and aerospace industries.

United Technologies Corp. recently announced its acquisition of Predikto, Inc. Predikto is a predictive analytics software company based out of Atlanta, GA. The software company is known for is a proven cloud-based predictive health maintenance solution that allows customers to predict and improve their asset reliability with stronger confidence. The acquisition emphasizes United Technologies’ global digital strategy- make strategic business investments that will better the company’s capability in delivering new forms of value to its customers, employees and shareholders.

What makes Predikto unique in its sector is its technology platform. It can take hundreds of divergent industrial asset data-sets and automate up to 80 percent of the analysis process and quickly deliver ready-to-go insights for taking pre-emptive steps in issue avoidance, which in turn increases asset uptime.

Predikto’s current CEO, Mario Montag, will take on the role of Chief Data & Analytics Officer for United Technologies. He will have a presence in both Atlanta, GA and Brooklyn, NY.

Mario Montag, CEO, Predikto stated, “Predictive analytics and data science have the power to change the way today’s businesses run, especially in complex asset-intensive industries. Predikto’s approach and technology has been demonstrated globally across the aviation, rail and shipping industries where unplanned downtime and unscheduled maintenance can be costly. There is great opportunity for additional applicability to many of United Technologies’ products and services. We are beyond excited to join the team and begin making an impact.”

The terms of the acquisition have yet to be disclosed.

To learn more about United Technologies Corp. (UTX) and to track its progress please visit the Vista Partners United Technologies Coverage Page.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
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Apple Acquires AR Firm Akonia Holographics

Dow 30 component Apple (AAPL) revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it.”

Apple announced Wednesday this week that it had purchased Akonia Holographics, a small company from Colorado that makes lenses for augmented-reality glasses. The Colorado-based company not only makes displays, but it holds over 200 patents related to holographic technology and has raised $11.6 million in funding.

It was reported last year that Apple could potentially release an augmented-reality headset in the year 2020, and in June of this year, the company announced that its next mobile operating system, iOS 12 would have new AR capabilities.

Learn more about Apple and track its ongoing progress at Vista Partners Apple (AAPL) Coverage Page.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Apple buys maker of augmented-reality lenses: report

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“Star-Studded” Online Polling Firm SurveyMonkey Files for IPO

SurveyMonkey, an online-polling company, filed for a U.S. initial public offering on Wednesday this week under its official name Svmk, Inc., claiming that it has over half a million paying customers. The initial offering size is $100 million, but typically the placeholder amount will most likely change.

The company plans to use the proceeds to pay down income tax obligations that are related to a restricted stock unit settlement, technological investment, and for working capital and general purposes.

The San Mateo, California-based company, is reported to have boasted more than 16 million users in the past year with over 600,000 of its total users paying for its services.

In the first half of 2018, SurveyMonkey’s net loss increased to $27.2 million compared from $19.1 million of the same period last year. The net loss total of 2017 was $24 million on revenue of $218.8 million. 2016 showed a net loss of $76.4 million on $207.3 million.

The largest stakeholder in the company, Tiger Global Management LLC holds 29 percent of the stock prior to the IPO. 10 percent stake is held by The Sheryl K. Sandberg Revocable Trust.

SurveyMonkey enjoys and interesting “star-studded” board that is both obvious & puzzling in some circumstances.  Facebook’s CEO Sheryl Sandberg sits on the company’s board, and her late husband, David Goldberg, was the CEO of the company. Serena Williams, a tennis champion, and Intuit Inc. CEO Brad Smith both joined the board in 2017. SurveyMonkey has applied to list on the Nasdaq Global Select Marker under SVMK, and JPMorgan Chase & Co. and Bank of America Corp. are leading the offering.

Closeup Photo of Journal Book and Pencils

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Check out the Programmable Shape-shifting Metal

Scientists at the University of Sussex and Swansea University have created a programmable, shape-shifting metal. Sounds unreal? The unreal sounding breakthrough is very real! Scientists use electrical charges, apply to liquid metal, and coax it into 3D shapes. This new, extremely promising material can be programmed to alter its shape.

Electric fields are used to shape the liquid and the areas are created using a computer so both the position of the metal and it’s form can be manipulated dynamically.

Professor Sriram Subramanian, head of the INTERACT Lab at the University of Sussex stated, “Liquid metals are an extremely promising class of materials for deformable applications; their unique properties include voltage-controlled surface tension, high liquid-state conductivity and liquid-solid phase transition at room temperature. One of the long-term visions of us and many other researchers is to change the physical shape, appearance, and functionality of any object through digital control to create intelligent, dexterous and useful objects that exceed the functionality of any current display or robot.”

Engineers at Carnegie Mellon University have also created a new metal alloy by marrying indium and gallium. The metal alloy exists in a liquid state at room temperature and can capacitate liquid metal transistors, flexible circuitry, and hopefully self-repair circuits in the future.

These new molten metals, which are being referred to as “electronic blood”, have the potential to completely change computing to generations to come. IBM has also joined in the development of electric sustenance with is REPCOOL or Redox flow electrochemistry that is used for power delivery and cooling. The project is based on the structure and power supply of the brain where the blood capillary system cools and supplies energy to the organ. They believe that in using electronic blood, the same effect can be applied to overheated computers.

The first applications of Electronic Blood are expected to take place in 2030.

Free stock photo of technology, lens, laboratory, medical

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Scientists Have Created Shape Shifting Liquid Metal That Can Be Programmed

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Apple’s New Low-Cost Laptop Set Up to Refuel Mac Sales

Dow 30 component Apple (AAPL) revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it.”

In an effort to increase the sales of Apple, Inc.’s longest-running line of devices, the company is set to release a new, low-cost laptop as well as a professional-focused upgrade to the Mac mini desktop. Similar in looks to the MacBook Air, the new laptop will feature thinner bezels around the screen, a 13-inch display, and include a higher-resolution “Retina” version that the company uses on its other products.

The MacBook Air, which has not seen any major overhaul is several years, is currently Apple’s only laptop without a high-resolution screen and costs $1,000. Launched in 2015, the 12-inch MacBook was supposed to be seen as the replacement to the MacBook Air, but with a starting price of $1,300, the product was out of reach for many consumers. The new MacBook Air will be focused towards consumers searching for a cheaper Apple computer and school that buy laptops in bulk.

With more than 11 percent of Apple sales the last fiscal year, the Mac has proven to be a steady seller, even ahead of the iPad. Despite its steady sales, loyal Mac users have voiced complaints that recent updates have not reached their professional needs. The company has worked to address these concerns with the release of a high-end iMac Pro and a new MacBook Pro that feature an updated keyboard and faster processor options.

Currently, Apple falls behind other companies in the education market, with Chromebooks, a cheaper laptop that runs Google Chrome’s operating system, dominating the market and accounting for 60 percent of devices shipped to K-12 institutions in the U.S.

Apple is also working on the first upgrade to the Mac mini in almost four years. The Mac mini is a Mac desktip that does not include a screen, keyboard, or mouse in the box and costs $500. The mini computer is popular with app developers, server farm managers, and with those running home media centers. The focus on the upgrade will primarily be on these pro users and new storage and processor options. The upgrade will most likely make the computer that is favored for its low price more expensive.

Along with its new Mac models, Apple is preparing for the launch of macOS Mojave, which is a new version of its Mac operating system that includes new file sorting features and the ability to run iPad apps. Apple has also stated that it is working on a new version of the Mac Pro. Three new iPhones, Apple Watches with larger screens, and new iPad Pros will be debut later this year as well.\

Learn more about Apple and track its ongoing progress at Vista Partners Apple (AAPL) Coverage Page.

Woman in Blue Top Holding Blue Bottle and Red 2-way Bag Outdoors

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

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Terms of Service Violation

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