Stephen Karmazyn, BA

Stephen Karmazyn is a writer for Profit Confidential, where he focuses on reporting breaking news in the technology and emerging industries.

Throughout his career as a journalist, Karmazyn has written on tech for a variety of publications, including The Financial Post, The Globe and Mail, and The Ottawa Business Journal. He served as the web editor for Techopia, a tech-centered newsblog focused on emerging start-up companies.

Get to know Stephen…

What first sparked your interest in tech?

Near the end of my undergrad, I spent some time interning at the Financial Post. My very first story was on Elon Musk’s SpaceX trying to land a used rocket on a floating drone-operated barge in the middle of a gulf. Besides being infinitely fascinating and an absolutely joy to write about, the story was my very first pitch and published piece. The next day Shopify went public and that absorbed the remainder of my time at FP.

What makes tech reporting different than other news?

Cutting-edge tech is having a profound effect on almost every aspect of our day-to-day lives, and tomorrow always brings something new to the table. Essentially, each article about tech acts as a potential preview for what life may look like in the near future.

What interests you about technology stocks?

Technology stocks are great to watch because the market determines in a very concrete way which devices will define our future. By following the emerging tech companies, you get to see in real time which innovations fly and which others will falter.

Stephen Karmazyn's Articles

Is TIME Stock About to Be Bought Out?  The United States' largest magazine publisher Time Inc (NYSE:TIME) saw TIME stock surge eight percent on Thursday as The Wall Street Journal reported that the company has hired banks to help field takeover or partnership interest from billionaires and media investors. Some of…

Why Is FNSR Stock Rising?  Finisar Corporation (NASDAQ:FNSR) rose another seven percent in after-hours trading, surpassing its day-trading gain of six percent as its Q2 reports beat analyst estimates and boosted FNSR stock. Finisar, a company which provides fiber optic solutions for the fiber channel, gigabit ethernet, and CATV markets,…

Is FIT Stock in Trouble?  Fitbit Inc (NYSE:FIT) weathers another blow as Deutsche Bank AG (NYSE:DB) analysts downgrade FIT stock and cut their price target in half, from $18.00 down to $9.00 per share. FIT stock, despite the news, remained relatively unchanged on Thursday, only falling about three quarters of…

Why Is WYNN Stock Getting Hammered?  Macau casinos are reeling as China UnionPay Co., Ltd. bank card holders will have their ATM withdrawal limit diced in half by Beijing in an attempt to combat the multi-billion-yuan outflow of capital. Among the hardest hit is Wynn Resorts, Limited (NASDAQ:WYNN), with WYNN stock down 11%.…

Are Marijuana Stocks a Bust?  The wild ride of marijuana stock continues, now with some analysts claiming that marijuana stocks are overvalued and headed for a bubble. With the drug slated to be legalized in Canada in 2017, investors are rolling in, their engines sparked, hoping to take…

Does the Apple Car Exist?  Apple Inc. (NASDAQ:AAPL) is looking for another ringer. It had its "iPhone," "iPad," and "MacBook" booms; the "Apple Watch" sputter; and now needs some game changing new product. Enter the "Apple Car." Only, no one is really sure if it exists. The mystery surrounding…

Is Apple Stock at Risk of Fire?  In case you didn't get your smartphone explosion fix when the "Samsung Galaxy Note 7" was in circulation, have no fear: it appears that Apple Inc. (NASDAQ:AAPL) refuses to be outdone by its competitor, and is now offering its very own…

Is Trump Going to Kill Pharma and Valeant Stocks?  President-elect Donald Trump may not be the friend that the pharmaceutical industry had hoped for. Despite gaining in the early days following his election, the NASDAQ Biotechnology Index is down three percent on Wednesday as Trump vows to reduce drug prices.…

Alere Inc (NYSE:ALR) and Alere stock are down 7.4% on Wednesday as Abbott Laboratories (NYSE:ABT) said it is looking to terminate its $8.4-billion acquisition of the diagnostics company, claiming that Alere has suffered a "substantial loss" in value since the deal was agreed upon 10 months ago. Alere stock sits at $36.85…

Why Is AMD Stock on the Rise?  Advanced Micro Devices, Inc. (NASDAQ:AMD) had quite the day Tuesday, with AMD stock rising by about nine percent after the company reportedly entered a licensing deal with fellow chip-maker, Intel Corporation (NASDAQ:INTC). AMD stock got a boost as, according to Investors Business…

Is Apple Watch's Fall Going to Impact Apple Stock?  Apple Inc. (NASDAQ:AAPL) devices can usually be counted on to at the very least make waves in the market on hype alone. From "iPhones" to "iPads," Apple's product lines aren't always winners, but they are usually trendsetters with staying power…

Is ESPN Holding DIS Stock Back?  Though not exactly widely known for it, for the media powerhouse Walt Disney Co (NYSE:DIS), sports are a big deal. Remember that DIS stock owns ESPN, so "Friday Night Football" has a lot more in common with Mickey Mouse than you would think on…

Are Amazon Stores About to Disrupt the Grocery Industry?  Amazon.com, Inc. (NASDAQ:AMZN), a company known as one of the progenitors of the online shopping revolution is now looking to an altogether more traditional business to challenge: grocery stores. The new "Amazon Store," set to open in Seattle in early 2017,…

Why Were Canopy Growth and Marijuana Stock Down?  Canopy Growth Corp (CVE:CGC, TSE:CGC) is starting off the week on a down note, this time falling by almost five percent after it announced today that it has sold $60.0 million worth of stock to a syndicate of underwriters led by GMP Securities…

Should You Be Bearish on Best Buy Stock?  Best Buy Co Inc (NYSE:BBY) hit a new five-year high today, but that wasn't the only thing breaking records: shorting on Best Buy stock shot up more than it has in nearly a decade. As reported by Matthew Unterman, a director…

Will the Tesla Model 3 Hit Its Price Range?  Elon Musk had a bit of a rough last week. First, there's the fact that Tesla Motors Inc (NASDAQ:TSLA) stock fell over seven percent last week. On top of that, there are those who are predicting that President-elect Donald Trump…

Some investors are worried that NVIDIA Corporation (NASDAQ:NVDA) has hit its peak after its huge gains in 2016, due to an announcement by Amazon.com, Inc. (NASDAQ:AMZN) that it may sign up with other chipset providers for "Amazon Web Services" (AMS). Other analysts remain bullish on Nvidia stock, not seeing these…

Will Trump Hurt Tesla Stock in 2017?  Tesla Motors Inc (NASDAQ:TSLA) stock is up nearly three percent on Monday as 2016 nears its end. What has otherwise been a year of generally good news for the green tech company hasn't exactly been fantastic for Tesla stock; it's down 22% since the…

As the winter months are upon us, those in the north are probably wishing they were somewhere that wasn't about to freeze over and be buried in tons of snow. For Tesla Motors Inc (NASDAQ:TSLA) management, I guess they figured that Spain would be a sunny enough getaway, as…

Pandora Media Inc (NYSE:P) stock is up 16% today as sources reveal to CNBC that the company is not only open to sell but is engaged with Sirius XM Holdings Inc. (NASDAQ:SIRI) specifically, after having rejected bids from the satellite radio company to acquire the music streaming service back…