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.
BTC Price Could Fall Further If It Fails in This Key Area Bitcoin (BTC) took a steep hit on Thursday, falling 13% by early afternoon trading. But more worrisome for the long-term outlook of the BTC price is that some are denouncing the currency as underperforming in one…
ETRM Stock Goes Wild EnteroMedics Inc (NASDAQ:ETRM) saw its stock climb by 106% on Thursday after the company's treatment for obesity, metabolic diseases, and other gastrointestinal disorders was implanted at two additional institutes, creating a surge in ETRM stock. Called "vBloc" neurometabolic therapy, EnteroMedics flagship treatment's expansion announced on…
Bitcoin Price Flashback It may be 2017, but for Bitcoin (BTC) investors, it's looking a lot like 2013. That's when the Bitcoin price reached its all-time high then promptly crashed, collapsing by nearly 50% within a month. Thursday's fall is a sight less calamitous, but the cryptocurrency did…
The Gigafactory Is Online and Boosts Tesla Stock Wednesday marked a huge achievement in the Tesla Motors Inc (NASDAQ:TSLA) plan for turning the world onto green energy, as the company has officially begun production at its "Gigafactory," coinciding with an over-four-percent uptick in Tesla stock on that day. The Gigafactory,…
Growing Marijuana Stocks Face Another Hurdle The use of pesticides on certain medicinal marijuana lots caused Organigram Holdings Inc (CVE:OGI) to voluntarily recall some of its products, forcing a five-percent dip in OGI stock on Tuesday. But with 2017 set to herald a new age for marijuana stocks as Canada…
Tesla Stock Hurt After Missing Delivery Estimates Tesla stock dropped nearly two percent in after-hours trading after Tesla Motors Inc (NASDAQ:TSLA) announced that it had failed to meet its fourth-quarter and full-year delivery estimates. Tesla stock took the hit as the company finished the year with 76,230 cars…
Bitcoin (BTC) Is on the Rise The Bitcoin price (BTC price) has recently hit the $1,000 level, a threshold that the cryptocurrency hasn't been near since late 2013. The Bitcoin price rose nearly 130% in 2016, spurred on by political instability in several countries and the devaluation of…
Solar Power Breaks Records in 2016 The year is 2030 and the green tech revolution is over. That is to say, clean energy won. Coal is dead and solar panels adorn rooftops and fields across the globe, from Shanghai to Lima. While that prediction might be a tad…
Will China Push Bitcoin Price Over $1,000? China has had quite the 2016. Between being a large target of much of the animus in President-elect Donald Trump's election campaign, and the country's struggles with its currency, the yuan, all has not been quiet on the Eastern Front, financially…
What's Ailing OPK Stock? Opko Health Inc. (NASDAQ:OPK) was down 18.5% by early afternoon trading on Friday as the company announced that its weekly injection to treat growth hormone deficiency failed to do so compared with a placebo in a late-stage trial, which propagated the OPK stock blowout.…
What Happened to CEMP Stock? Cempra Inc (NASDAQ:CEMP) fell 56% by Thursday afternoon after Cempra's new drug application for its pneumonia medicine was rejected by the U.S. Food and Drug Administration (FDA). The news of the rejection of Solithromycin, an oral and intravenous pneumonia treatment, sent CEMP stock…
AMD Stock Takes Damage, but Finishes 2016 Strong Advanced Micro Devices, Inc. (NASDAQ:AMD) fell more than one percent on Thursday, adding to a near six percent decline since Wednesday trading as booming chipmaker companies—including AMD stock—take hits over their future prospects going into the new year. Along with NVIDIA Corporation…
What's Pushing NVDA Stock Down? NVIDIA Corporation (NASDAQ:NVDA) fell 3.6% by late Thursday morning, continuing a decline that started on Wednesday following an increase in shorting positions on one of the best-performing stocks of 2016. In what was a major theme for the stock market in 2016, another…
Robots Are Coming to Take Our Truck Jobs Drivers beware: robots are coming for your truck jobs. Or at least, that's the latest grim prediction coming from the White House, which is claiming that an estimated 3.1-million people driving for a living today could have their jobs taken…
France Records First with Solar Energy With the tumultuous year that was 2016 limping to a finish, solar energy looks to end an already strong year on a high note. France has announced that it has opened the world's first solar panel road, in a Normandy village. While…
The green tech revolution has scored a major victory in the fight to power our cities. Las Vegas is one of the newest (and largest) urban areas to now run their entire city government by renewables, including a large portion coming from solar energy. The juice is enough…
Will Lockheed Martin Stock Rebound? In the latest installment of Twitter bombs dropped by the incoming president, Donald Trump has fired a shot across the Lockheed Martin Corporation (NYSE:LMT) bow, sending Lockheed Martin stock down 2.4% after tweeting that he's now asked Boeing Co (NYSE:BA) to compete for…
Bitcoin Price Surges...Again Bitcoin price is nearing the $900.00 mark, leaving investors to question whether it is headed towards an all new high. Earlier this week, Bitcoin price hit a three-year high when it shot past the $800.00 mark, and now the cryptocurrency has its eyes set on…
Can Tesla Stock Handle the Chevrolet Bolt? Tesla Motors Inc (NASDAQ:TSLA) has a lot, ahem, riding on the Tesla "Model 3." Set to be the first consumer-oriented Tesla vehicle, the car is slated to cost $35,000 when it does release, which—according to the Tesla web site—will be in mid-2017.…
What "The Crown" Means for the Future of Netflix Stock Netflix, Inc. (NASDAQ:NFLX) showed a gain of one percent Wednesday after analysts praised the success of its new original content "The Crown." While one percent is hardly a game-breaking surge, what's interesting to note for the future is…
From: Michael Lombardi, MBA